USD 13.7 billion
Tobacco Packaging Market Size, Share, Growth Analysis, By Material(Paper, Boxes, Plastic, Other), By Packaging(Primary, Secondary), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG30J2026 |
Region:
Global |
Published Date: July, 2036
Pages:
165
|Tables:
63
|Figures:
75
Tobacco Packaging Market Insights
Global Tobacco Packaging Market size was valued at USD 16.65 billion in 2022 and is poised to grow from USD 17.18 billion in 2023 to USD 22.11 billion by 2031, growing at a CAGR of 3.2% in the forecast period (2024-2031).
The term "tobacco packaging" refers to the various types of packaging materials designed to shield tobacco products from having any unfavourable environmental effects. An agricultural commodity called tobacco is made by curing tobacco leaves. It is used to make a variety of goods, including cigarettes, cigars, and chewing tobacco, and includes the highly addictive stimulant nicotine. The packing is a crucial element because it protects the tobacco from odour and acts as a barrier against moisture microorganisms, degradation, and transmission.
The idea of simple packaging is used by several nations to control tobacco use in each nation separately. As a result, manufacturers of tobacco packaging have very little room to innovate and create new items to be packaged. Nevertheless, the packaging goods are the only means of promotion for tobacco items. As a result, packaging businesses look at every chance to create appealing packaging for goods that complies with all legal requirements.
US Tobacco Packaging Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Paper
Fastest Growth
Paper
Growth Rate
3.2% CAGR
Global Tobacco Packaging Market 2022-2028 ($ Bn)
Country Share for Asia-Pacific Region- 2021 (%)
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Tobacco Packaging Market Segmental Analysis
The global tobacco packaging market has been segmented based on material, packaging, and region. By material, the market is segmented into paper, boxes, plastic and others. Based on the Packaging is classified as primary and secondary. Based on region the tobacco packaging market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.
Tobacco Packaging Market Analysis by Material
Paper packaging has a significant market share of 63.8% in 2021 and is anticipated to increase at the highest rate during the projected period. Paper boxes are used to make almost all tobacco packs, which has helped the industry thrive. Most tobacco products are discovered to be packaged in paper boxes. Over the projected period, it is expected that this will in turn increase demand for paper boxes.
In the tobacco packing sector, paper boxes are frequently used. It is becoming more and more popular because it is economical and environmentally beneficial. Paper box packaging includes a barrier of plastic or foil to prevent damage to cigarettes or tobacco, which may spur market expansion in the years to come. One of the things that may be driving the industry is the paper boxes' extremely low weight and ease of portability. The growing problems brought on by non-biodegradable or non-recyclable packaging, such as plastic packaging, could spur market expansion. People prefer to use things made of paper since plastic causes many health conditions, such as skin cancer. It can be one of the factors driving the expansion of the market on a global scale. Many nations have outlawed the use of plastic due to strict governmental laws, thus producers are producing biodegradable packaging like jute boxes. Over the projected period, this is anticipated to increase demand for secondary packaging.
Global Tobacco Packaging Market By Material, 2021 (%)
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Tobacco Packaging Market Regional Insights
Asia Pacific is the most dominating region capturing the fastest-growing region in the global tobacco market. The top three nations for tobacco product production are China, India, and Japan. The increase is linked to the expanding cigarette demand, which also presents the market in this area with lucrative growth potential. Russia, Germany, and the UK are the three major donors to Europe, which is the second-largest area. Due to the strict restrictions placed on the use of tobacco, this region's expansion is, however, slowing down. Additionally, the region's market for tobacco products is dropping as e-cigarette use increases. Due to the growing popularity of tobacco products including cigars, cigarettes, and chewing tobacco in nations like Egypt, South Africa, and Turkey, the Middle East & Africa is the third-largest region in the world. The demand for the market in this area has increased as a result.
Global Tobacco Packaging Market By Geography, 2022-2028
- Largest
- Fastest
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Tobacco Packaging Market Dynamics
Tobacco Packaging Market Driver
- The demand for smokeless tobacco has increased due to the growing negative consequences of tobacco smoke on smokers, both active and passive, and particularly on youngsters. Snuff, snus, gutka, gum, and chewing tobacco are among the smokeless goods that people use as an alternative to cigarettes. Products for specialised packing absorb warmth and moisture from the environment. The demand for tobacco packaging will also rise as snus marketing efforts intensify. This enables companies to promote smokeless tobacco products as safe, thereby boosting the consumption of tobacco and its packaging products.
- The market will grow as packaging is more used to advertise tobacco goods. In this sector, packaging serves as a powerful marketing tool for advertising, raising consumer knowledge of brands, and promoting goods by offering overall information regarding the item. Due to the limitations, the government has placed restrictions on the Cigarette products promoted through other forms of advertising These limitations restrict product promotion to the package alone. This is why the packaging of To increase the company's brand value in consumers' views, tobacco is handled in a certain way without altering governmental regulations, consumers. Numerous businesses continually made investments to create appealing packaging options to keep the customer base to attract new clients.
Tobacco Packaging Market Restraint
- The marketing of tobacco products is subject to tight regulations in nations like the US, Canada, India, China, and the ASEAN nations. where the goods should be located and produced in basic packaging, with between 50 and 90 % of the surface area covered with health information warnings, which make cigarette products less alluring. Moreover, tobacco causes lung conditions and cancer in people, which hurts these products' sales. These characteristics could discourage customers from buying the product, causing market problems.
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Tobacco Packaging Market Competitive Landscape
The top 15 companies account for the majority of the market share at the moment, with the competitive landscape of the market showing a semi-fragmented structure. Important players have made significant investments in the development of various tobacco packing products and manufacturing methods. The market leaders' main advantages include a broad range of products, innovative and safe technological development, outstanding operational effectiveness, and a robust end-user distribution network. In addition, players have used tactics including territorial expansion, the creation of new products, mergers and acquisitions, and others to broaden their regional reach and product offering.
Tobacco Packaging Market Top Player's Company Profiles
- Amcor Plc
- Innovia Films Ltd.
- WestRock Co.
- International Paper Co.
- Mondi Group
- Smurfit Kappa Group Plc
- DS Smith Plc
- Reynolds American Inc.
- Sonoco Products Co.
- Altria Group Inc.
- Ardagh Group S.A.
- Berry Global Group Inc.
- Huhtamaki Oyj
- Ball Corporation
- Graphic Packaging International LLC
- Glatfelter Corporation
- Mayr-Melnhof Karton AG
- Stora Enso Oyj
- Essentra plc
- Svenska Cellulosa Aktiebolaget SCA
Tobacco Packaging Market Recent Development
- In June 2021, Mondi, had a semi-chemical fluting plant in Kuopio, Finland, where it intended to invest roughly US$ 148 million. This will modernise the company's wood yard, evaporation plant, fibre line, and paper machine and enhance mill capacity by about 55 KT annually. This growth will aid the corporation in improving product quality, bolstering the mill's environmental performance, providing cost-competitiveness, and meeting the expanding client needs.
- In June 2021, Smurfit Kappa Group acquired Cartoons del Pacifico, a Peruvian paper-based packaging business, that is expanding its influence throughout Latin America. Through improved operational procedures, design and innovation capabilities, and procurement strategies, this acquisition will present chances for the group to grow its business and satisfy the demands of customers in the agricultural and industrial sectors.
Tobacco Packaging Key Market Trends
- The demand for tobacco packaging has been spurred by the transition in consumer demand from smoking tobacco to smokeless tobacco, primarily heated tobacco units (HTU). The increased consumer awareness of the negative health impacts of smoking tobacco products is blamed for the rise in heated tobacco unit use. Companies including British American Tobacco (BAT), Japan Tobacco International (JTI), and Philip Morris International (PMI) are investing in and promoting their HTU products. thus are in high demand from various nations, including the United States, Germany, and Japan. As a result, the market will expand globally thanks to the growing demand for HTU.
Tobacco Packaging Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected using Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis, by material type, the paper box dominated the global Tobacco Packaging market in 2021 and is anticipated to maintain its dominance throughout the forecast period. In 2021, Asia Pacific dominated the globe due to the Tobacco Packaging market owing to the region's high population along with people buying behaviour.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 16.65 billion |
| Market size value in 2031 | USD 22.11 billion |
| Growth Rate | 3.2% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Tobacco Packaging Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Tobacco Packaging Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Tobacco Packaging Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Tobacco Packaging Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Tobacco Packaging Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Tobacco Packaging Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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