Global Tobacco Packaging Market, By Product (Primary, Secondary and Bulk), Material (Paper and Paperboard, Metal, Jute, Plastics and Others), End User (Smoking Tobacco, Smokeless Tobacco and Raw Tobacco) and Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The tobacco packaging market is expected to witness market growth at a rate of 3.31% in the forecast period of 2021 to 2028. Data Bridge Market Research report on the tobacco packaging market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while impacting the market’s growth. The rise in the penetration of e-cigarettes is escalating the growth of tobacco packaging market.
Tobacco packaging is referred to as the several varieties of packaging products that are created to protect the tobacco products from having any negative environmental influence on the environment.
Major factors that are expected to boost the growth of the tobacco packaging market in the forecast period are the rise in the need for cigarettes amongst female smokers. Furthermore, the rise in the workload and stress mostly in urban areas is further anticipated to propel the growth of the tobacco packaging market. Moreover, the accessibility of smokeless tobacco and e-cigarettes is further estimated to cushion the growth of the tobacco packaging market. On the other hand, the rise in the alertness amongst the consumers related to the substantial negative influence of smoking is further projected to impede the growth of the tobacco packaging market in the timeline period.
In addition, the substantial influences related to the advertising on product will further provide potential opportunities for the growth of the tobacco packaging market in the coming years. However, the rise in the incidence of several cancerous diseases and different forms of cancer might further challenge for the growth of the tobacco packaging market in the near future.
This tobacco packaging market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on tobacco packaging market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.
Global Tobacco Packaging Market Scope and Market Size
The tobacco packaging market is segmented on the basis of product, material, and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product, the tobacco packaging market is segmented into primary, secondary and bulk.
- On the basis of material, the tobacco packaging market is segmented into paper and paperboard, metal, jute, plastics and others. Paper boxes is further sub segmented into white board, solid board, chipboard and fiber board. Plastics is further sub segmented into low-density polyethylene (LDPE), linear low-density polyethylene (LLDPE), high-density polyethylene (HDPE), biaxially oriented polypropylene (BOPP), cast propylene (CPP) and polyvinyl chloride (PVC).
- On the basis of end user, the tobacco packaging market is segmented into smoking tobacco, smokeless tobacco and raw tobacco. Smoking tobacco is further sub segmented into cigarettes and cigars. Smokeless tobacco is further sub segmented into chewing tobacco, snuff, dissolvable tobacco and others.
Tobacco Packaging Market Country Level Analysis
The tobacco packaging market is analyzed, and market size, volume information is provided by country, product, material, and end user as referenced above.
The countries covered in the tobacco packaging market report are the U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, rest of the Middle East and Africa (M.E.A.) as a part of the Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the tobacco packaging market due to the being the largest tobacco manufacture and exporter. Furthermore, the rise in the consumption of cigarettes and chewing tobacco will further boost the growth of the tobacco packaging market in the region during the forecast period. Middle East and Africa are projected to observe significant growth in the tobacco packaging market due to the rise in the need to use water pipes or shishas. Moreover, the increase in the popularity of smoking a variety of cigarettes is further anticipated to propel the growth of the tobacco packaging market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as consumption volumes, production sites, and volumes, import-export analysis, price trend analysis, cost of raw materials, downstream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Tobacco Packaging Market Share Analysis
The tobacco packaging market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to the tobacco packaging market.
The major players covered in the tobacco packaging market report are WestRock Company, Amcor plc, ITC Limited, British American Tobacco, Mondi, International Paper., Smurfit Kappa, Innovia Films, Sonoco Products Company, Siegwerk Druckfarben AG & Co. KGaA, JT International AG, Altria Group, Inc., Tekni-Plex., AMVIG Holdings Limited., Marden Edwards Ltd and PGP among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (M.E.A.) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.