Volume sales of cigars and cigarillos are expected to rise during the forecast period from 2024 to 2029. This robust growth will be supported by the continued expansion of cigar culture among younger adult consumers, the increasing availability of imported premium brands and the emergence of cigar lounges and private clubs catering to affluent customers.
Premiumisation will be the key trend shaping the cigars and cigarillos market in South Korea. Consumers are expected to increasingly favour high-end products with strong brand heritage, craftsmanship, and limited-edition appeal.
Although sales of cigars have been increasing and are expected to continue to do so in the forecast period as the consumer base expands, the presence of cigars in the main distribution channels remains very low. According to owners of convenience stores, which form the largest distribution channel for the overall tobacco industry in South Korea, cigars are not as appealing to consumers as cigarettes, due to their higher prices.
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Cigars, Cigarillos and Smoking Tobacco
Combined sales of cigars, cigarillos and smoking tobacco.
See all of our definitionsThis report originates from Passport, our Cigars, Cigarillos and Smoking Tobacco research and analysis database.
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