banding vs cigar band

banding and cigar band both are nouns.

Word	Noun	Adjective	Verb	Adverb
banding	Yes	No	No	No
cigar band	Yes	No	No	No

As nouns, cigar band is a hyponym of banding; that is, cigar band is a word with a more specific, narrower meaning than banding:

banding: an adornment consisting of a strip of a contrasting color or material
cigar band: a narrow paper band around a cigar

Other hyponyms of banding include hatband, neckband, pinstripe, cap band.

banding (noun)	cigar band (noun)
an adornment consisting of a strip of a contrasting color or material	a narrow paper band around a cigar
a stripe or stripes of contrasting color