Industry Analysis & Industry Trends
Industry Report - Industry Key Buyers Chapter
Market share concentration within the Cigar Lounges industry is low. There are no major companies that dominate the landscape or account for more than 5.0% of industry revenue. In fact, no company accounts for more than 1.0% of industry revenue. The industry consists primarily of small, specialty establishments that cater to local and regional markets. Many of these lounges or bars are sole proprietorships that operate only one location with only a small number of employees. Some firms may operate multiple establishments in different cities or regions. The widespread nature of the industry adds to its low market share concentration. This industry has historically exhibited a low level of industry concentration, and IBISWorld expects concentration to remain low over the next five years... purchase to read more