Tobacco Packaging Market Forecasts to 2028 – Global Analysis By Product (Aluminium Foil Packaging), Application (Cigarette Factory, Packaging Plant), End User (Smokeless Tobacco, Raw Tobacco) and By Geography
According to Stratistics MRC, the Global Tobacco Packaging Market is accounted for $15.64 billion in 2020 and is expected to reach $23.29 billion by 2028 growing at a CAGR of 5.1% during the forecast period. Technological advancements in tobacco products, growth of the cigarette industry across the globe and use of packaging as a medium for product promotion to fuel demand are the major factors driving the market growth. However, stringent regulations on tobacco marketing and consumption to challenge growth are restraining the market growth.
Tobacco packaging denote to tobacco product packaging. It is mainly splits into two types, one is long and the other is bulk. To expedite portability, bulk cigarettes packs are generally five, seven ten, 14 and 20 cigarettes packs. The materials include a paper cigarette case, aluminium cigarette case and tinplate cigarette packs. Tobacco packaging supplant of packaging has been glaring. In reference of paper cigarette case packaging, from soft packs to ordinary white card hard packs, to glass cards, to the popular aluminium foil gold and silver cardboard in recent years, to the introduction of high-grade matte technology using PET composite cardboard.
Based on packaging type, the secondary segment is estimated to have a lucrative growth. An increase in consumption of cigarettes in social gatherings and a rise in demand for innovative cigarette boxes have boosted the market for secondary packaging. Secondary packing protects not only tobacco products but also the original packing. These packagings are useful while storage, transportation, and wholesale, thereby boosting the segment growth.
By geography, Asia Pacific is going to have high growth during forecast period due to increased stress in work life, growing demand for cigarettes among women, and the mounting population in the region presents a large customer base for tobacco products.
Some of the key players profiled in the Tobacco Packaging Market include Amcor Limited, Innovia Films Ltd, Westrock, ITC Limited, Mondi Group, Altria Group, Ardagh Group, British American Tobacco P.L.C., Reynolds American Inc, Philip Morris International Inc, Sonoco Consumer Products Europe GmbH, Siegwerk, PT Hanjaya Mandala Sampoerna Tbk, Karelia Tobacco Co. Inc and Godfrey Phillips India Ltd company.
Estimated Market Size in 2020:
Compound Annual Growth Rate (CAGR) from 2020 to 2028:
Predicted 2028 Value:
USD 2 3.29 billion
Tables, Graphs & Figures
|Product Type, Packaging Type, Material, Application, End User, Sales Channel and Region|
Core Drivers and Opportunities:
Restraining Factors & Market Threats:
Product Types Covered:
• Aluminium Foil Packaging
• Cartons Material
• Film Material
• Paper Packaging
• Tinplate Packaging
Packaging Types Covered:
• Bulk /Tertiary
• Paper and Paperboard
• Cigarette Factory
• Packaging Plant
End Users Covered:
• Smoking Tobacco
• Smokeless Tobacco
• Raw Tobacco
Sales Channels Covered:
• Direct Channel
• Distribution Channel
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years (2019, 2020, 2021, 2025, and 2028)
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
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• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Tobacco Packaging Market is majorly driven by technological advancements in tobacco products, growth of the cigarette industry across the globe and use of packaging as a medium for product promotion to fuel demand.
The secondary segment is growing at a highest CAGR owing to rise in the demand for advanced cigarette boxes and a growth in consumption of cigarettes in social get-togethers.
Middle East & Africa dominated with a significant market share due to the factors such as the rising demand for chewing tobacco, cigars, cigarettes & otherproducts and also rising trend of cigarette smoking in the region.
Asia Pacific market is growing at a highest CAGR owing to increased stress in work life, growing demand for cigarettes among women, and the mounting populationin the region.
Key players in Tobacco Packaging Market include Amcor Limited, Innovia Films Ltd, Westrock, ITC Limited, Mondi Group, Altria Group, Ardagh Group, British American Tobacco P.L.C., Reynolds American Inc, Philip Morris International Inc, Sonoco Consumer Products Europe GmbH, Siegwerk, PT Hanjaya Mandala SampoernaTbk, Karelia Tobacco Co. Inc and Godfrey Phillips India Ltd Company.
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