© 2017 Global Market Insights, Inc. USA. All Rights Reserved Tobacco Packaging Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Russia, Spain, China, India, Japan, Australia, Brazil, Mexico, GCC, South Africa), Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2024 Tobacco Packaging Market to Witness A Phenomenal Growth over 2018 to 2024

Global Market Scenario of Tobacco Packaging Market © 2017 Global Market Insights, Inc. USA. All Rights Reserved  Tobacco Packaging Market will be chiefly driven by increasing worldwide cigarette sales. Tobacco and paper are hygroscopic materials and are affected by the ambient humidity.  If ambient humidity is high, they will tend to absorb moisture whereas if humidity is low, moisture will be drawn from the materials, drying them out and degrading their properties.  Developments in the global cigarette industry will augment the tobacco packaging market during the forecast period.  The cigarette industry is one of the most profitable industry in the world generating retail sales worth more than USD 680 billion in  In the same year more than 5.5 trillion cigarettes were sold worldwide with global volumes sales increasing by 1.3% from 2002 to  The industry is also witnessing shifting of sales from traditional developed markets such as North America and Western Europe to emerging markets such as Asia Pacific and Africa.

© 2017 Global Market Insights, Inc. USA. All Rights Reserved Product Analysis:- The tobacco packaging market has been segmented, based on material, into paper, paper box, plastic, jute, and others. Paper box will be a key material segment that is likely to occupy a substantial share of the market during the forecast period. Almost all cigarette packets are made of paper box materials and the high volume of cigarette sales will be the major contributor for the paper box material segment’s growth in coming years. Plastic material segment is likely to register a fast growth rate as they are extensively used for wrapping cigarette packets for protection against the adverse effects of moisture. Regional Trends:- Asia Pacific is likely to be the most significant tobacco packaging market owing to shifting consumption trends, increasing production volumes for raw product as well as increasing cigarette production in the region. Europe will also be a key tobacco packing market which will occupy a significant share. Middle East & Africa region is likely to witness fast growth rates during the forecast timeframe owing to the rising trend of cigarette smoking in the region.

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© 2017 Global Market Insights, Inc. USA. All Rights Reserved Competitive Trends: Some of the key market participants in the global tobacco packaging market includes Amcor, ITC, International Paper, Bemis, Phillip Morris International, British American Tobacco, Novelis, Mondi, Packaging Corporation of America, Siegwerk, Reynolds Group, WestRock, Sonoco, etc.

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