Product Code: ETC090783 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Bahrain Cigar Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 1.14% in 2025, the market peaks at 1.88% in 2027, and settles at 0.88% by 2029.
The Cigar market in Bahrain is projected to grow at a stable growth rate of 1.88% by 2027, highlighting the country's increasing focus on advanced technologies within the Middle East region, where Saudi Arabia holds the dominant position, followed closely by United Arab Emirates, Iran, Qatar and Kuwait, shaping overall regional demand.
The cigar market in Bahrain is growing steadily, supported by the countrys affluent consumer base and the popularity of premium cigars as a status symbol. Cigars are often associated with luxury and leisure, and their demand is driven by high-income individuals and expatriates in Bahrain. The market benefits from the presence of specialized cigar lounges, luxury hotels, and high-end retailers, which cater to cigar enthusiasts. Additionally, the growing interest in premium, hand-rolled cigars and the influence of international cigar brands are contributing to market growth. The market is also shaped by regulations and taxes on tobacco products, which influence pricing and consumer preferences.
The cigar market in Bahrain is driven by the rising trend of luxury consumption and the growing popularity of cigars as a status symbol. The increasing number of high-end hospitality venues and the influence of Western lifestyle trends have contributed to the growing demand for premium cigars. The cigar market is also benefiting from the expanding retail sector, with specialized cigar lounges and stores catering to the demand for exclusive and imported cigars. Additionally, Bahrains affluent consumer base and the rise of social gatherings where cigar smoking is considered a luxury indulgence are further driving market growth.
The cigar market in Bahrain is supported by a niche but loyal consumer base, driven by the culture of luxury and premium products. However, the market faces challenges from rising anti-tobacco regulations and increasing awareness of health risks associated with smoking. Higher taxes on tobacco products and restrictions on smoking in public spaces have also contributed to a decline in cigar consumption. Additionally, the growing popularity of alternative smoking products, such as e-cigarettes and vaping devices, has diverted some consumers away from traditional cigars. Fluctuations in the supply and price of premium tobacco due to global trade factors also impact the market.
The cigar market in Bahrain presents investment opportunities as demand for premium tobacco products grows, particularly among high-income consumers. Investors can explore importing or producing high-quality cigars for distribution to luxury retailers, hotels, and lounges. By targeting affluent consumers and offering premium brands, investors can tap into Bahrain`s luxury goods market.
The cigar market in Bahrain is driven by demand from the luxury goods and hospitality sectors. Government policies regulating tobacco products ensure that cigars meet safety and quality standards, with strict regulations in place for advertising and sales. Import regulations ensure that cigars adhere to international quality standards, while local initiatives supporting the hospitality and luxury retail industries have contributed to the demand for premium cigars in Bahrain.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bahrain Cigar Market Overview |
3.1 Bahrain Country Macro Economic Indicators |
3.2 Bahrain Cigar Market Revenues & Volume, 2021 & 2031F |
3.3 Bahrain Cigar Market - Industry Life Cycle |
3.4 Bahrain Cigar Market - Porter's Five Forces |
3.5 Bahrain Cigar Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Bahrain Cigar Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Bahrain Cigar Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bahrain Cigar Market Trends |
6 Bahrain Cigar Market, By Types |
6.1 Bahrain Cigar Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Bahrain Cigar Market Revenues & Volume, By Product Type, 2018 - 2027F |
6.1.3 Bahrain Cigar Market Revenues & Volume, By Conventional Cigar, 2018 - 2027F |
6.1.4 Bahrain Cigar Market Revenues & Volume, By Premium Cigar, 2018 - 2027F |
6.2 Bahrain Cigar Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Bahrain Cigar Market Revenues & Volume, By Offline Retail Stores, 2018 - 2027F |
6.2.3 Bahrain Cigar Market Revenues & Volume, By Online Retail Stores, 2018 - 2027F |
7 Bahrain Cigar Market Import-Export Trade Statistics |
7.1 Bahrain Cigar Market Export to Major Countries |
7.2 Bahrain Cigar Market Imports from Major Countries |
8 Bahrain Cigar Market Key Performance Indicators |
9 Bahrain Cigar Market - Opportunity Assessment |
9.1 Bahrain Cigar Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Bahrain Cigar Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Bahrain Cigar Market - Competitive Landscape |
10.1 Bahrain Cigar Market Revenue Share, By Companies, 2021 |
10.2 Bahrain Cigar Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |