Singapore Luxury Cigar Market Size & Outlook, 2025-2033

Singapore Luxury Cigar Market Insights

According to Deep Market Insights analysis, the Singapore Luxury Cigar Market size was USD 64.72 Million in 2024 and is projected to reach USD 113.48 Million by 2033.
The Singapore market is projected to grow at a CAGR of 6.44% between 2026 and 2033.
By segment, Hand Rolled and Handmade emerged as the largest Product in terms of market size in 2024.
Machine Made Premiums is anticipated to remain the most attractive Product segment, recording the fastest growth during the forecast period.

As of 2024, Singapore held 0.38% of the global Luxury Cigar Market size.
By 2033, United States is anticipated to capture the largest share of the global Luxury Cigar Market.
In Asia Pacific, China is expected to lead the regional Luxury Cigar Market size by 2033.
Japan will remain the fastest-growing market in Asia Pacific, reaching USD 757.72 Million by 2033.

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 64.72 Million
Market Size In 2033	USD 113.48 Million
Largest segment	Hand Rolled and Handmade
Units	Revenue in USD Million
CAGR	6.44% (2025-2033)
Segmnetation Covered
Product	Hand Rolled and Handmade Machine Made Premiums Flavored Limited Edition
End User	Male Female Others
Price Range	Mid Premium High End Ultra Luxury
Distribution Channel	Duty Free and Travel Retail Cigar Lounges and Specialty Stores Online Other Retail
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Product	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Hand Rolled and Handmade	XX.x	XX.x	XX.x	28.8	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Machine Made Premiums	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Flavored	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Limited Edition	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: DMI Analysis Company Publications, Primary Interviews.

End User	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Male	XX.x	XX.x	XX.x	33.39	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Female	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Others	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: DMI Analysis Company Publications, Primary Interviews.

Price Range	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Mid Premium	XX.x	XX.x	XX.x	32.26	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
High End	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Ultra Luxury	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: DMI Analysis Company Publications, Primary Interviews.

Distribution Channel	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Duty Free and Travel Retail	XX.x	XX.x	XX.x	28.41	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Cigar Lounges and Specialty Stores	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Online	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Other Retail	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x