Spain Cigars and Cigarillos Market Research Report, 2028

Tobacco and nicotine use is the leading preventable cause of death in Spain, causing the loss of more than 60,000 lives per year as well as a huge human, family and economic impact. For the tobacco pandemic there is no vaccine, but it is preventable through the action of citizens, due to their government and non-governmental representatives. At the beginning of the third decade of the 21st century, in which national health system is increasingly overwhelmed – by an ageing population and by the presence of relatively unexpected viral epidemics – treating diseases arising from tobacco and nicotine use is a burden largely avoidable. Reducing the prevalence of smoking to a residual percentage over the next decade – in addition to significantly improving population health can result in relief in the workload of Spain healthcare system and a reduction in cost overruns caused by people who smoke compared to those who do not. Additionally, Spain has signed and ratified the first global public health treaty, the WHO Framework Convention on Tobacco Control (FCTC). For this reason, it acts courageously and decisively to fulfill its objective: “to protect present and future generations from the devastating health, social, environmental and economic consequences of tobacco consumption and exposure to tobacco smoke”. Nofumadores.org continues to engage and work with Spanish law-makers to advance the agenda of a tobacco- and nicotine-free future using the Endgame Declaration for Spain 2030 as its main roadmap. According to the research report "Spain Cigars and Cigarillos Market Overview, 2028," published by Actual Research, the market is anticipated to add more than USD 280 Million from 2023 to 2028. Spain complies with the EU’s regulations on the excise tax on produced cigars and cigarillos. An increase in taxes on tobacco products on the proposed prohibition of smoking in public places including beaches and patios is affecting the overall sales of cigar and cigarillos market in the next coming years. The rising health concerns over smoking will also have a major impact on tobacco products. In terms of consumption, the youngsters are more prone towards it. The main reasons for starting to consume tobacco products are for fun, because of feeling stressed, and the belief that smoking can help with relaxation, for socialization and to be fashionable. One of the reasons why users choose certain products is because they believe that they are less harmful to their health, even when there is no evidence of that. For example, some consumers of slim cigarettes sometimes needed to consume more of those cigarettes to feel as satisfied as they would by smoking conventional cigarettes. Social media contain content generated by consumers themselves which influence public opinion and perception, and this carries a risk of smoking cigars in public becoming normalized once again. Most of the respondents expressed their concern at the influence of the marketing and designs that HTP use to attract young people. This has led to the more consumption and hence also increasing the growth of market.

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The tobacco market segmented into product categories, with cigars, cigarillos, and little cigars making up the majority of the market. Cigars continue to hold the top spot in these categories, which is indicative of the continued appeal of this traditional tobacco product. Cigars have a rich and fascinating history that spans several centuries, and they still enthrall a diverse group of customers. Their appeal is complex; they offer not only the chance to smoke quality tobacco but also a cultural and often ritualistic experience. They're a great option for celebrating special occasions or just taking a minute to rest because they're often viewed as a symbol of luxury, leisure, and even celebration. Although cigars are unquestionably the industry leader, Little Cigars and Cigarillos have also managed to take a sizable portion of the market. In accordance to the flavor of cigar and cigarillos, the market is segmented into two types, flavored and tobacco flavored (no taste). In the coming years it is anticipated that flavored cigar and cigarillos will hold the great market, as it is attracting the consumers especially the youngsters. For several reasons, tobacco-flavored cigars and cigarillos are the dominant force in the market. Their strength is derived from an illustrious and centuries-old tradition. These goods are appealing to people who value the clean, organic flavor of tobacco leaves because they capture the essence of tobacco in its purest form. Not only is the flavor appealing, but smoking has ceremonial and cultural connotations as well. A large and devoted customer base, comprising seasoned connoisseurs and aficionados, has embraced traditional tobacco-flavored cigars and cigarillos. These individuals cherish the authenticity, craftsmanship, and history associated with these goods. On the basis of the price of cigar and cigarillos, the market is segmented into mass priced and premium priced. Mass-priced cigars and cigarillos have firmly established their dominance in the market for a multitude of compelling reasons. Their widespread popularity is fundamentally rooted in affordability and accessibility, making them an attractive choice for a broad and diverse consumer base. Along with this a noteworthy trend is emerging, indicating a shifting consumer inclination towards the premium-priced segment. The premium cigar and cigarillo market is anticipated to experience high growth in the coming years. Based on the distributional channels, specialty stores have gained the market share. Specialty stores are known for their expertise and diverse selection of cigars. They often carry a wide range of premium and niche brands, appealing to connoisseurs and enthusiasts. Shopping for cigars at specialty stores provides a unique customer experience, with knowledgeable staff who can offer recommendations and guidance, enhancing the overall enjoyment of the product. Premium cigars, which are often sought by cigar aficionados, are more commonly found in specialty stores due to their commitment to quality and exclusivity. Considered in this report: •Geography: Spain •Historic year: 2017 •Base year: 2022 •Estimated year: 2023 •Forecast year: 2028

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Kripa Shah

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Aspects covered in this report: •Spain Cigars and Cigarillos market with its value and forecast along with its segments •Various drivers and challenges •On-going trends and developments •Top profiled companies •Strategic recommendation By Type: •Cigars •Cigarillos •Little Cigars By Flavor: •Tobacco/ No Flavor •Flavored

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By Price Range: •Mass •Premium By Distribution Channel: •Speciality Store •Hypermarket/supermarket •Convenience Stores •Online •Others The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources. Intended audience: This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Cigars and Cigarillos industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.