Major Group SIC 2121 - Cigars| iCFO

SIC 2121 - Cigars

SIC 21 - Tobacco Products
SIC 01 - Agricultural Production Crops SIC 02 - Agricultural Production Livestock And Animal Specialties SIC 07 - Agricultural Services SIC 08 - Forestry SIC 09 - Fishing, Hunting, And Trapping SIC 10 - Metal Mining SIC 12 - Coal Mining SIC 13 - Oil And Gas Extraction SIC 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels SIC 15 - Building Construction General Contractors And Operative Builders SIC 16 - Heavy Construction Other Than Building Construction Contractors SIC 17 - Construction Special Trade Contractors SIC 20 - Food And Kindred Products SIC 21 - Tobacco Products SIC 22 - Textile Mill Products SIC 23 - Apparel And Other Finished Products Made From Fabrics And Similar Materials SIC 24 - Lumber And Wood Products, Except Furniture SIC 25 - Furniture And Fixtures SIC 26 - Paper And Allied Products SIC 27 - Printing, Publishing, And Allied Industries SIC 28 - Chemicals And Allied Products SIC 29 - Petroleum Refining And Related Industries SIC 30 - Rubber And Miscellaneous Plastics Products SIC 31 - Leather And Leather Products SIC 32 - Stone, Clay, Glass, And Concrete Products SIC 33 - Primary Metal Industries SIC 34 - Fabricated Metal Products, Except Machinery And Transportation Equipment SIC 35 - Industrial And Commercial Machinery And Computer Equipment SIC 36 - Electronic And Other Electrical Equipment And Components, Except Computer Equipment SIC 37 - Transportation Equipment SIC 38 - Measuring, Analyzing, And Controlling Instruments Photographic, Medical And Optical Good SIC 39 - Miscellaneous Manufacturing Industries SIC 40 - Railroad Transportation SIC 41 - Local And Suburban Transit And Interurban Highway Passenger Transportation SIC 42 - Motor Freight Transportation And Warehousing SIC 44 - Water Transportation SIC 45 - Transportation By Air SIC 46 - Pipelines, Except Natural Gas SIC 47 - Transportation Services SIC 48 - Communications SIC 49 - Electric, Gas, And Sanitary Services SIC 50 - Wholesale Trade-durable Goods SIC 51 - Wholesale Trade-non-durable Goods SIC 52 - Building Materials, Hardware, Garden Supply, And Mobile Home Dealers SIC 53 - General Merchandise Stores SIC 54 - Food Stores SIC 55 - Automotive Dealers And Gasoline Service Stations SIC 56 - Apparel And Accessory Stores SIC 57 - Home Furniture, Furnishings, And Equipment Stores SIC 58 - Eating And Drinking Places SIC 59 - Miscellaneous Retail SIC 60 - Depository Institutions SIC 61 - Non-depository Credit Institutions SIC 62 - Security And Commodity Brokers, Dealers, Exchanges, And Services SIC 63 - Insurance Carriers SIC 64 - Insurance Agents, Brokers, And Service SIC 65 - Real Estate SIC 67 - Holding And Other Investment Offices SIC 70 - Hotels, Rooming Houses, Camps, And Other Lodging Places SIC 72 - Personal Services SIC 73 - Business Services SIC 75 - Automotive Repair, Services, And Parking SIC 76 - Miscellaneous Repair Services SIC 78 - Motion Pictures SIC 79 - Amusement And Recreation Services SIC 80 - Health Services SIC 81 - Legal Services SIC 82 - Educational Services SIC 83 - Social Services SIC 84 - Museums, Art Galleries, And Botanical And Zoological Gardens SIC 86 - Membership Organizations or Unions And Similar Labor Organizations SIC 87 - Engineering, Accounting, Research, Management, And Related Services SIC 89 - Services, Not Elsewhere Classified SIC 96 - Administration Of Economic Programs
- SIC 212 - Cigars
  SIC 211 - Cigarettes SIC 212 - Cigars SIC 213 - Chewing And Smoking Tobacco And Snuff SIC 214 - Tobacco Stemming And Redrying SIC 214 - Tobacco Stemming And Redrying
  - SIC 2121 - Cigars
    SIC 2121 - Cigars

Establishments primarily engaged in manufacturing cigars.

Industry trends:

The cigar industry, classified under SIC 2121, is experiencing a resurgence driven by a blend of tradition and innovation. One of the prevailing trends is the increasing consumer interest in premium hand-rolled cigars, often perceived as luxury products. This interest is fueled by a growing appreciation for artisanal goods and a desire for unique experiences, particularly among millennials and Gen Z consumers who are exploring upscale leisure activities.

Another trend is the expanding market for flavored cigars. These products cater to a younger demographic seeking alternative taste experiences, contributing to expanding customer bases beyond traditional cigar aficionados. However, this is met with regulatory scrutiny in some regions, as flavored tobacco products face bans and restrictions due to public health concerns.

Environmentally conscious consumers are also pushing the demand for sustainably sourced tobacco and eco-friendly packaging. Companies are responding by adopting sustainable practices in production and investing in biodegradable materials, aligning with global trends toward environmental responsibility.

In terms of forecasts, the cigar market is expected to continue growing, with a particular focus on e-commerce as consumers increasingly prefer online shopping for convenience and access to a wider variety of products. The luxury cigar segment is poised for expansion, particularly in emerging markets where disposable incomes are rising. Innovation in packaging and direct-to-consumer marketing strategies are likely to play crucial roles in reaching these new customer bases.

Overall, while the cigar industry faces challenges related to health regulations and shifting consumer demographics, it benefits from an image of exclusivity and tradition that continues to attract a diverse range of customers worldwide.

This industry is comprised of:

Cigarillos

Cigars

Stogies

Explore related industries:

SIC 0132 - Tobacco SIC 2067 - Chewing Gum SIC 5993 - Tobacco Stores And Stands

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