logo
logo
Sign in

Tobacco Packaging Market 2025 Report by Share, Revenue, Drivers, Trends and Influence Factors

avatar
Rahul Sharma
Tobacco Packaging Market 2025 Report by Share, Revenue, Drivers, Trends and Influence Factors

The global tobacco packaging market is estimated to reach USD 21.7 billion by 2025, according to a new report by Million Insights. The market is estimated to grow at a CAGR of 3.3% during the forecast period. Increasing demand for cigarette and tobacco products from young consumers is the key factor driving market growth. Further, the rise in the number of female smokers is positively affecting the market growth.

 

Request a Sample PDF Copy of This Report @ https://www.millioninsights.com/industry-reports/global-tobacco-packaging-market/request-sample

 

Market Synopsis of Tobacco Packaging Market:

 

The rise in tobacco consumption in China is anticipated to provide a lucrative opportunity for overall market growth. Chewing tobacco along with smokeless tobacco is gaining traction in China, which, in turn, is proliferating the demand for packaging products. Further, the growing popularity of flavored tobacco among millennials is positively driving the market growth.

 

Among different packaging types, secondary packaging occupied the largest market share, in 2018. The growing trend of cigar and cigarette consumption in social gatherings is fueling the growth of this segment. Furthermore, the increasing popularity of premium tobacco products among millennials is positively influencing the market growth. In addition, the growing number of cigar lounges in emerging countries is likely to drive the tobacco packaging market during the forecast years, 2019 to 2025.

 

Paper boxes are increasingly becoming popular owing to the growing demand for environment-friendly packaging solutions. Moreover, they are light in weight and can be carried easily from one place to another. These properties of paper boxes make them an ideal alternative to plastic.

 

Key players are emphasizing on the use of environment-friendly packaging. Amcor has increased its expenditure on the development of eco-friendly packaging, which the company is expecting to launch, in 2025. Further, manufacturers are focusing on mergers and acquisitions, partnerships and other initiatives to increase their product portfolio. Japan Tobacco Group acquired Mighty Corporation in September 2017 with an aim to increase its product offering and geographical presence.

 

View Full Table of Contents of This Report @ https://www.millioninsights.com/industry-reports/global-tobacco-packaging-market

 

Table of Contents:-

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Tobacco Packaging: Market Variables, Trends & Scope              

Chapter 4 Tobacco Packaging: Product Estimates & Trend Analysis

Chapter 5 Tobacco Packaging: Application Estimates & Trend Analysis

Chapter 6 Tobacco Packaging: End-use Estimates & Trend Analysis

Chapter 7 Tobacco Packaging: Industrial End-use Estimates & Trend Analysis

Chapter 8 Tobacco Packaging: Regional Estimates & Trend Analysis

Chapter 9 Competitive Landscape

Chapter 10 Tobacco Packaging: Manufacturers Company Profiles

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

collect
0
avatar
Rahul Sharma
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more