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.
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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.
Product Types Covered:
• Aluminium Foil Packaging
• Cartons Material
• Film Material
• Paper Packaging
• Tinplate Packaging
Packaging Types Covered:
• Primary
• Bulk /Tertiary
• Secondary
Materials Covered:
• Paper and Paperboard
• Wood
• Jute
• Metals
• Plastic
Applications Covered:
• Cigarette Factory
• Packaging Plant
End Users Covered:
• Smoking Tobacco
• Smokeless Tobacco
• Raw Tobacco
Sales Channels Covered:
• Direct Channel
• Distribution Channel
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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