| Product Code: ETC11642566 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Colombia continues to be a key market for cigars and cigarillos imports, with major contributions from Cuba, Dominican Republic, Nicaragua, Honduras, and Germany in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market landscape. The impressive compound annual growth rate (CAGR) of 55.48% from 2020 to 2024 demonstrates significant expansion opportunities. The remarkable growth rate of 67.72% in 2024 highlights the increasing demand for premium tobacco products in Colombia, showcasing a promising outlook for the industry.

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 Colombia Cigars Cigarillos Market Overview |
3.1 Colombia Country Macro Economic Indicators |
3.2 Colombia Cigars Cigarillos Market Revenues & Volume, 2021 & 2031F |
3.3 Colombia Cigars Cigarillos Market - Industry Life Cycle |
3.4 Colombia Cigars Cigarillos Market - Porter's Five Forces |
3.5 Colombia Cigars Cigarillos Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Colombia Cigars Cigarillos Market Revenues & Volume Share, By Flavors, 2021 & 2031F |
3.7 Colombia Cigars Cigarillos Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Colombia Cigars Cigarillos Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Colombia Cigars Cigarillos Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing popularity of premium cigars among consumers in Colombia |
4.2.2 Increasing disposable income leading to higher spending on luxury items like cigars |
4.2.3 Rise in tourism and international visitors boosting demand for cigars |
4.2.4 Expansion of cigar lounges and clubs in major cities driving consumption |
4.2.5 Growing awareness and appreciation for Colombian cigar craftsmanship |
4.3 Market Restraints |
4.3.1 Stringent regulations and taxes on tobacco products impacting affordability |
4.3.2 Health concerns and anti-smoking campaigns affecting consumption |
4.3.3 Competition from other tobacco products like cigarettes and e-cigarettes |
4.3.4 Economic instability and fluctuations in currency exchange rates affecting pricing |
4.3.5 Restrictions on advertising and marketing of tobacco products limiting growth opportunities |
5 Colombia Cigars Cigarillos Market Trends |
6 Colombia Cigars Cigarillos Market, By Types |
6.1 Colombia Cigars Cigarillos Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Colombia Cigars Cigarillos Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Colombia Cigars Cigarillos Market Revenues & Volume, By Premium Cigars, 2021 - 2031F |
6.1.4 Colombia Cigars Cigarillos Market Revenues & Volume, By MassMarket Cigars, 2021 - 2031F |
6.1.5 Colombia Cigars Cigarillos Market Revenues & Volume, By Cigarillos, 2021 - 2031F |
6.2 Colombia Cigars Cigarillos Market, By Flavors |
6.2.1 Overview and Analysis |
6.2.2 Colombia Cigars Cigarillos Market Revenues & Volume, By Unflavored, 2021 - 2031F |
6.2.3 Colombia Cigars Cigarillos Market Revenues & Volume, By Flavored, 2021 - 2031F |
6.3 Colombia Cigars Cigarillos Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Colombia Cigars Cigarillos Market Revenues & Volume, By Male, 2021 - 2031F |
6.3.3 Colombia Cigars Cigarillos Market Revenues & Volume, By Female, 2021 - 2031F |
6.4 Colombia Cigars Cigarillos Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Colombia Cigars Cigarillos Market Revenues & Volume, By Tobacco Shops, 2021 - 2031F |
6.4.3 Colombia Cigars Cigarillos Market Revenues & Volume, By Online, 2021 - 2031F |
6.4.4 Colombia Cigars Cigarillos Market Revenues & Volume, By Convenience Stores, 2021 - 2031F |
7 Colombia Cigars Cigarillos Market Import-Export Trade Statistics |
7.1 Colombia Cigars Cigarillos Market Export to Major Countries |
7.2 Colombia Cigars Cigarillos Market Imports from Major Countries |
8 Colombia Cigars Cigarillos Market Key Performance Indicators |
8.1 Average price per unit of premium cigars in Colombia |
8.2 Number of new cigar lounges and clubs opening in major cities |
8.3 Percentage of international visitors purchasing cigars in Colombia |
8.4 Consumer sentiment towards Colombian cigar craftsmanship |
8.5 Adoption rate of online cigar sales platforms in the Colombian market |
9 Colombia Cigars Cigarillos Market - Opportunity Assessment |
9.1 Colombia Cigars Cigarillos Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Colombia Cigars Cigarillos Market Opportunity Assessment, By Flavors, 2021 & 2031F |
9.3 Colombia Cigars Cigarillos Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Colombia Cigars Cigarillos Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Colombia Cigars Cigarillos Market - Competitive Landscape |
10.1 Colombia Cigars Cigarillos Market Revenue Share, By Companies, 2024 |
10.2 Colombia Cigars Cigarillos Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |