Tobacco Packaging Market Report 2021-26: Key Players Analysis, Industry growth and Forecast Trends

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According to the latest report by IMARC Group, titled “Tobacco Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global tobacco packaging market exhibited moderate growth during 2015-2020. Tobacco is a plant that belongs to the nightshade or Solanaceae plant family and is rich in nicotine content. The leaves of the plant are dried and fermented to be used in various tobacco products, such as cigars, cigarettes, snuff, bidis, and dissolvable tobacco. Efficient packaging solutions, such as foils, films, cartons, paper, boards, laminates, are utilized to protect the flavor and quality of these products from deterioration and aroma transmission during transportation and storage. They also ensure proper protection of the packaged products from bacterial contamination, moisture and other external impacts. These packaging solutions also function as an essential marketing tool as they provide consumers with important product information.

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Global Tobacco Packaging Market Trends:

The global market is primarily driven by the increasing number of smokers, which has facilitated the uptake of cigarettes across the globe. This can be attributed to the hectic schedules, long working hours and a considerable increase in workload among the working professionals, which, in turn, have resulted in stress and related mental health concerns among the majority. Since nicotine acts as an effective stimulant that assists individuals in combating daily stress, this is boosting tobacco consumption across the globe, thereby providing a thrust to the market growth. Moreover, the rising trend of product premiumization has led to the escalating demand for premium quality tobacco products. Supported by the inflating per capita income levels of the masses and easy product availability through online and offline retail channels, this is acting as another major growth-inducing factor. The market is further driven by the launch of various innovative and attractive packaging in the market. Packaging solutions with effect and spot finishing, ultraviolet (UV) colors and coatings, and blind and hot foil embossing and window films are gaining widespread prominence among the masses. This, coupled with the emergence of advanced printing technologies, including rotogravure, UV sheetfed offset and flexographic printing, is anticipated to create a positive outlook for the market. Looking forward, IMARC Group expects the global tobacco packaging market to grow at a CAGR of 3.2% during 2021-2026.

Market Breakup by Material Type:

  • Paperboards
  • Paper Boxes
  • Plastic
  • Jute
  • Metal
  • Others

Market Breakup by Packaging Type:

  • Primary Packaging
  • Secondary Packaging
  • Bulk Packaging

Market Breakup by End-Use:

  • Smoking Tobacco
    • Cigarettes
    • Cigars
  • Smokeless Tobacco
    • Chewing Tobacco
    • Snuff
    • Dissolvable Tobacco
    • Others
  • Raw Tobacco

Market Breakup by Region:

Asia Pacific holds the leading position in the market. Other major regions include Europe, North America, Middle East and Africa, and Latin America.

Competitive Landscape with Key Player:

  • Amcor plc
  • China National Tobacco Corporation
  • Innovia Films
  • Philip Morris International Inc.
  • ITC Limited, International Paper Company Japan Tobacco International
  • Siegwerk Druckfarben AG & Co. KGaA
  • WestRock Company, Sonoco Products Company
  • Smurfit Kappa Group plc
  • Mondi Group
  • Reynolds Group Holdings Limited
  • Oracle Packaging.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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