| Product Code: ETC11642592 | 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 |
In 2024, Peru continues to be a key market for cigar and cigarillo imports, with top suppliers including Colombia, Dominican Republic, Cuba, Honduras, and Nicaragua. The market shows a high level of supplier concentration, with the Herfindahl-Hirschman Index (HHI) remaining at a high level in 2024. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period of 2020-2024 stands strong at 9.87%. This suggests that while there may be some fluctuations, the overall trend indicates a positive trajectory for the cigar and cigarillo import market in Peru.

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 Peru Cigars Cigarillos Market Overview |
3.1 Peru Country Macro Economic Indicators |
3.2 Peru Cigars Cigarillos Market Revenues & Volume, 2021 & 2031F |
3.3 Peru Cigars Cigarillos Market - Industry Life Cycle |
3.4 Peru Cigars Cigarillos Market - Porter's Five Forces |
3.5 Peru Cigars Cigarillos Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Peru Cigars Cigarillos Market Revenues & Volume Share, By Flavors, 2021 & 2031F |
3.7 Peru Cigars Cigarillos Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Peru Cigars Cigarillos Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Peru Cigars Cigarillos Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income among consumers in Peru |
4.2.2 Growing popularity of premium and flavored cigars among younger demographics |
4.2.3 Rising tourism industry in Peru, leading to higher demand for cigars and cigarillos |
4.3 Market Restraints |
4.3.1 Stringent regulations on tobacco advertising and packaging in Peru |
4.3.2 Health concerns and increasing awareness about the harmful effects of tobacco consumption |
4.3.3 Competition from alternative tobacco products such as e-cigarettes and vaping devices |
5 Peru Cigars Cigarillos Market Trends |
6 Peru Cigars Cigarillos Market, By Types |
6.1 Peru Cigars Cigarillos Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Peru Cigars Cigarillos Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Peru Cigars Cigarillos Market Revenues & Volume, By Premium Cigars, 2021 - 2031F |
6.1.4 Peru Cigars Cigarillos Market Revenues & Volume, By MassMarket Cigars, 2021 - 2031F |
6.1.5 Peru Cigars Cigarillos Market Revenues & Volume, By Cigarillos, 2021 - 2031F |
6.2 Peru Cigars Cigarillos Market, By Flavors |
6.2.1 Overview and Analysis |
6.2.2 Peru Cigars Cigarillos Market Revenues & Volume, By Unflavored, 2021 - 2031F |
6.2.3 Peru Cigars Cigarillos Market Revenues & Volume, By Flavored, 2021 - 2031F |
6.3 Peru Cigars Cigarillos Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Peru Cigars Cigarillos Market Revenues & Volume, By Male, 2021 - 2031F |
6.3.3 Peru Cigars Cigarillos Market Revenues & Volume, By Female, 2021 - 2031F |
6.4 Peru Cigars Cigarillos Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Peru Cigars Cigarillos Market Revenues & Volume, By Tobacco Shops, 2021 - 2031F |
6.4.3 Peru Cigars Cigarillos Market Revenues & Volume, By Online, 2021 - 2031F |
6.4.4 Peru Cigars Cigarillos Market Revenues & Volume, By Convenience Stores, 2021 - 2031F |
7 Peru Cigars Cigarillos Market Import-Export Trade Statistics |
7.1 Peru Cigars Cigarillos Market Export to Major Countries |
7.2 Peru Cigars Cigarillos Market Imports from Major Countries |
8 Peru Cigars Cigarillos Market Key Performance Indicators |
8.1 Average selling price (ASP) of cigars and cigarillos in Peru |
8.2 Consumer sentiment towards premium cigar brands in the market |
8.3 Number of new product launches and innovations in the cigar and cigarillo segment |
8.4 Percentage of market share held by flavored cigar products |
8.5 Tourism growth rate in Peru and its impact on cigar sales |
9 Peru Cigars Cigarillos Market - Opportunity Assessment |
9.1 Peru Cigars Cigarillos Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Peru Cigars Cigarillos Market Opportunity Assessment, By Flavors, 2021 & 2031F |
9.3 Peru Cigars Cigarillos Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Peru Cigars Cigarillos Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Peru Cigars Cigarillos Market - Competitive Landscape |
10.1 Peru Cigars Cigarillos Market Revenue Share, By Companies, 2024 |
10.2 Peru Cigars Cigarillos Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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