Colombia Luxury Cigar Market Size & Outlook, 2025-2033


Colombia Luxury Cigar Market Insights

  • As per Deep Market Insights insights, the Colombia Luxury Cigar Market stood at USD 79.13 Million in 2024 and is anticipated to grow to USD 146.58 Million by 2033.
  • The Colombia market is expected to advance at a CAGR of 7.07% from 2026 through 2033.
  • In 2024, Hand Rolled and Handmade accounted for the highest share of the Product market size.
  • During the forecast period, Limited Edition is set to register the highest growth, making it the most lucrative Product segment.

Other Key Findings


  • In 2024, Colombia represented 0.46% of the overall global Luxury Cigar Market size.
  • United States is projected to lead the global Luxury Cigar Market size by 2033.
  • Across LATAM, Brazil is anticipated to hold the dominant position in market size by 2033.
  • Colombia is forecasted to expand at the fastest pace in LATAM, attaining USD 146.34 Million by 2033.

Report Summary

Report Scope Details
Base Year for Study 2024
Study Period 2021-2033
Historical Period 2021-2023
Forecast Period 2025-2033
Market Size In 2024 USD 79.13 Million
Market Size In 2033 USD 146.58 Million
Largest segment Hand Rolled and Handmade
Units Revenue in USD Million
CAGR 7.07% (2025-2033)
Segmnetation Covered
Product
  1. Hand Rolled and Handmade
  2. Machine Made Premiums
  3. Flavored
  4. Limited Edition
End User
  1. Male
  2. Female
  3. Others
Price Range
  1. Mid Premium
  2. High End
  3. Ultra Luxury
Distribution Channel
  1. Duty Free and Travel Retail
  2. Cigar Lounges and Specialty Stores
  3. Online
  4. Other Retail
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends