| Product Code: ETC8152673 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The luxury cigar import market in the Maldives continued to thrive in 2024, with top exporting countries including the Philippines, Indonesia, Greece, Pakistan, and Metropolitan France. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, reflecting the dominance of these key players. With a steady compound annual growth rate (CAGR) of 2.04% from 2020 to 2024 and a growth rate of 2.13% in 2024, the Maldives luxury cigar import industry shows resilience and potential for further expansion in the coming years.

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 Maldives Luxury Cigar Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Luxury Cigar Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Luxury Cigar Market - Industry Life Cycle |
3.4 Maldives Luxury Cigar Market - Porter's Five Forces |
3.5 Maldives Luxury Cigar Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Maldives Luxury Cigar Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Maldives Luxury Cigar Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Maldives Luxury Cigar Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing tourism industry in the Maldives, attracting high-end tourists who seek luxury experiences including premium cigars. |
4.2.2 Rising disposable income levels among affluent individuals in the region, leading to increased spending on luxury goods such as cigars. |
4.2.3 Exclusive events and occasions in the Maldives, creating demand for premium cigars as a symbol of sophistication and indulgence. |
4.3 Market Restraints |
4.3.1 Strict regulations on tobacco products in the Maldives, potentially limiting the availability and accessibility of luxury cigars. |
4.3.2 High import duties and taxes on luxury goods, increasing the overall cost of premium cigars for consumers in the Maldives. |
5 Maldives Luxury Cigar Market Trends |
6 Maldives Luxury Cigar Market, By Types |
6.1 Maldives Luxury Cigar Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Luxury Cigar Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Maldives Luxury Cigar Market Revenues & Volume, By Hand Rolled, 2021- 2031F |
6.1.4 Maldives Luxury Cigar Market Revenues & Volume, By Machine Rolled, 2021- 2031F |
6.2 Maldives Luxury Cigar Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Maldives Luxury Cigar Market Revenues & Volume, By Male Smokers, 2021- 2031F |
6.2.3 Maldives Luxury Cigar Market Revenues & Volume, By Female Smokers, 2021- 2031F |
6.3 Maldives Luxury Cigar Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Maldives Luxury Cigar Market Revenues & Volume, By Online, 2021- 2031F |
6.3.3 Maldives Luxury Cigar Market Revenues & Volume, By Offline, 2021- 2031F |
7 Maldives Luxury Cigar Market Import-Export Trade Statistics |
7.1 Maldives Luxury Cigar Market Export to Major Countries |
7.2 Maldives Luxury Cigar Market Imports from Major Countries |
8 Maldives Luxury Cigar Market Key Performance Indicators |
8.1 Average spending per tourist on luxury experiences, indicating the potential demand for premium cigars among high-end visitors. |
8.2 Number of luxury hotels and resorts offering cigar lounges or exclusive cigar experiences, reflecting the growth of the luxury cigar market in the Maldives. |
8.3 Attendance at high-profile events and celebrations where premium cigars are prominently featured, showcasing the popularity and acceptance of luxury cigars in the market. |
9 Maldives Luxury Cigar Market - Opportunity Assessment |
9.1 Maldives Luxury Cigar Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Maldives Luxury Cigar Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Maldives Luxury Cigar Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Maldives Luxury Cigar Market - Competitive Landscape |
10.1 Maldives Luxury Cigar Market Revenue Share, By Companies, 2024 |
10.2 Maldives Luxury Cigar Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |