The invention relates to the technical field of a cigarette holder, in particular to a cigarette holder capable of regulating the smoke gas concentration. The cigarette holder comprises an outer protection separation layer (3) and an inner filter core (4), wherein an air inlet hole (5) is arranged in the outer protection separation layer (3), an outer regulating ring (6) is sheathed on the air inlet hole (5) part in the outer protection separation layer (3), the outer regulating ring (6) and the outer protection separation layer (3) are rotatablely connected, and a regulating hole (7) matched with the air inlet hole (5) is arranged in the outer regulating ring (6). Compared with the prior art, the cigarette holder has the advantages that the structure is simple and novel, the manufacture cost is low, and in addition, the smoke gas concentration and the mouth feeling can be regulated at any time according to the preference, the habit, the mood, the physical and mental conditions of smokers, so the body health of the smokers is effectively protected, and people can favorably give up smoking. In addition, the cigarette holder can be applied to filter-tipped cigarettes and can also be applied to external independent cigarettes, the use is very flexible and wide, and the cigarette holder is worth of being popularized.