The global cigar industry is expected to reach 22.7 billion sticks by 2018. This industry has been driven by the increasing taxation on cigarettes, causing smokers to change to cigars. Common restraints on this market is the band on smoking, taxation, rising health concerns, and taxation. While consumption of tobacco has varied throughout the world, markets in Asia-Pacific, Latin America, and the Middle East has seen growth. The United States however is the single largest market for cigars worldwide followed by Europe. A collection of cigar brands and logos are outlined below from some of the top producers in the world.
The biggest producer of cigars come from the Dominican Republic and Honduras. Growth has vary in this countries, but American stands as the third largest exporter of handmade cigars. The cigar industry sees more than $3.4 billion in business with 13.3 million American consumers over the age of 12.
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