Guatemala Cigar & Cigarillos Market (2025-2031) | Forecast, Analysis, Companies, Competitive Landscape, Growth, Trends, Value, Share, Industry, Segmentation, Size & Revenue, Outlook

Market Forecast By Product (Mass, Premium), By Flavor (Tobacco/No Flavor, Flavored) And Competitive Landscape
Product Code: ETC7388480 Publication Date: Sep 2024 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Sumit Sagar No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Guatemala Cigar & Cigarillos Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The Guatemala cigar and cigarillos import market continued to see significant growth in 2024, with top exporting countries including Cuba, Nicaragua, Honduras, Dominican Republic, and Denmark. The High Herfindahl-Hirschman Index (HHI) indicates a market concentration, reflecting strong competition among these key players. The impressive Compound Annual Growth Rate (CAGR) of 25.98% from 2020 to 2024 underscores the increasing demand for these products in Guatemala. Additionally, the growth rate of 8.2% from 2023 to 2024 demonstrates a positive trend for the industry, suggesting continued opportunities for expansion and market penetration.

Guatemala Cigar & Cigarillos Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Guatemala Cigar & Cigarillos Market Outlook
  • Market Size of Guatemala Cigar & Cigarillos Market, 2024
  • Forecast of Guatemala Cigar & Cigarillos Market, 2031
  • Historical Data and Forecast of Guatemala Cigar & Cigarillos Revenues & Volume for the Period 2021- 2031
  • Guatemala Cigar & Cigarillos Market Trend Evolution
  • Guatemala Cigar & Cigarillos Market Drivers and Challenges
  • Guatemala Cigar & Cigarillos Price Trends
  • Guatemala Cigar & Cigarillos Porter's Five Forces
  • Guatemala Cigar & Cigarillos Industry Life Cycle
  • Historical Data and Forecast of Guatemala Cigar & Cigarillos Market Revenues & Volume By Product for the Period 2021- 2031
  • Historical Data and Forecast of Guatemala Cigar & Cigarillos Market Revenues & Volume By Mass for the Period 2021- 2031
  • Historical Data and Forecast of Guatemala Cigar & Cigarillos Market Revenues & Volume By Premium for the Period 2021- 2031
  • Historical Data and Forecast of Guatemala Cigar & Cigarillos Market Revenues & Volume By Flavor for the Period 2021- 2031
  • Historical Data and Forecast of Guatemala Cigar & Cigarillos Market Revenues & Volume By Tobacco/No Flavor for the Period 2021- 2031
  • Historical Data and Forecast of Guatemala Cigar & Cigarillos Market Revenues & Volume By Flavored for the Period 2021- 2031
  • Guatemala Cigar & Cigarillos Import Export Trade Statistics
  • Market Opportunity Assessment By Product
  • Market Opportunity Assessment By Flavor
  • Guatemala Cigar & Cigarillos Top Companies Market Share
  • Guatemala Cigar & Cigarillos Competitive Benchmarking By Technical and Operational Parameters
  • Guatemala Cigar & Cigarillos Company Profiles
  • Guatemala Cigar & Cigarillos Key Strategic Recommendations

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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 Guatemala Cigar & Cigarillos Market Overview

3.1 Guatemala Country Macro Economic Indicators

3.2 Guatemala Cigar & Cigarillos Market Revenues & Volume, 2021 & 2031F

3.3 Guatemala Cigar & Cigarillos Market - Industry Life Cycle

3.4 Guatemala Cigar & Cigarillos Market - Porter's Five Forces

3.5 Guatemala Cigar & Cigarillos Market Revenues & Volume Share, By Product, 2021 & 2031F

3.6 Guatemala Cigar & Cigarillos Market Revenues & Volume Share, By Flavor, 2021 & 2031F

4 Guatemala Cigar & Cigarillos Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing disposable income of consumers in Guatemala

4.2.2 Growing popularity of premium cigar and cigarillos among the younger population

4.2.3 Rise in tourism and hospitality industry in Guatemala

4.3 Market Restraints

4.3.1 Stringent government regulations on tobacco advertising and sales

4.3.2 Health concerns and anti-smoking campaigns impacting consumption

4.3.3 Competition from alternative tobacco products such as e-cigarettes

5 Guatemala Cigar & Cigarillos Market Trends

6 Guatemala Cigar & Cigarillos Market, By Types

6.1 Guatemala Cigar & Cigarillos Market, By Product

6.1.1 Overview and Analysis

6.1.2 Guatemala Cigar & Cigarillos Market Revenues & Volume, By Product, 2021- 2031F

6.1.3 Guatemala Cigar & Cigarillos Market Revenues & Volume, By Mass, 2021- 2031F

6.1.4 Guatemala Cigar & Cigarillos Market Revenues & Volume, By Premium, 2021- 2031F

6.2 Guatemala Cigar & Cigarillos Market, By Flavor

6.2.1 Overview and Analysis

6.2.2 Guatemala Cigar & Cigarillos Market Revenues & Volume, By Tobacco/No Flavor, 2021- 2031F

6.2.3 Guatemala Cigar & Cigarillos Market Revenues & Volume, By Flavored, 2021- 2031F

7 Guatemala Cigar & Cigarillos Market Import-Export Trade Statistics

7.1 Guatemala Cigar & Cigarillos Market Export to Major Countries

7.2 Guatemala Cigar & Cigarillos Market Imports from Major Countries

8 Guatemala Cigar & Cigarillos Market Key Performance Indicators

8.1 Average selling price of premium cigars and cigarillos

8.2 Number of new entrants or expansions in the cigar and cigarillos market

8.3 Tourism growth rate in Guatemala

8.4 Percentage of young adults (18-35 years) consuming cigars and cigarillos

8.5 Number of tobacco control policies implemented by the government

9 Guatemala Cigar & Cigarillos Market - Opportunity Assessment

9.1 Guatemala Cigar & Cigarillos Market Opportunity Assessment, By Product, 2021 & 2031F

9.2 Guatemala Cigar & Cigarillos Market Opportunity Assessment, By Flavor, 2021 & 2031F

10 Guatemala Cigar & Cigarillos Market - Competitive Landscape

10.1 Guatemala Cigar & Cigarillos Market Revenue Share, By Companies, 2024

10.2 Guatemala Cigar & Cigarillos Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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