According to a market report by Lucintel, the future of the global tobacco packaging market looks promising with opportunities in the the smoking tobacco, smokeless tobacco, and raw tobacco markets. The global tobacco packaging market is expected to reach an estimated $23 billion by 2030 from $18 billion in 2024 at a CAGR of 4.6% from 2024 to 2030. The major drivers for this market are increasing rates of urbanization, people busy schedules and workloads, young cigarette consumption, and the development of sophisticated printing technologies.
A more than 150-page report to
understand trends, opportunity and
forecast in tobacco packaging market to 2030 by type (primary, secondary, and bulk), material
(paper, paper boxes, plastic, jute, and others), end use (smoking tobacco,
smokeless tobacco, raw tobacco, and others), and region (North America, Europe,
Asia Pacific, and the Rest of the World).
Lucintel
forecasts that secondary will remain the largest segment over the forecast
period due to rising cigarette consumption in social settings and innovative
cigarette box demand.
APAC is
expected to witness highest growth over the forecast period due to rising
levels of stress in the workplace and rising cigarette consumption among women
in this region.
Download
sample by clicking on tobacco packaging
market.
Amcor,
Innovia Films, WestRock, ITC, Mondi, Altria, Ardagh, British American Tobacco,
Reynolds American, Philip Morris are the
major suppliers in the tobacco
packaging market.
This unique research report
will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
Explore Our Latest Publications
No comments:
Post a Comment