Quick Summary:
In the dynamic and evolving landscape of the Global Tobacco Packaging Market, staying ahead of the curve demands substantial, accurate, and contemporary insights. Our extensive market research report offers just that. Projected to reach $23.5 Billion by 2030, the market offers opportunities ripe for exploration, from emerging segments to significant geographical markets.
Venture deeper into understanding this sophisticated market with a special focus on dominant trends, growth patterns, and key players in the market space like Altria Group Inc., Amcor Ltd., and British American Tobacco PLC. Our report provides succinct analysis, strategic insights, and forecast data to help you drive effective decision-making. With added benefits such as a year's worth of complimentary updates and online interactive peer-to-peer bespoke updates, this report serves as your comprehensive guide to navigating the future of the Tobacco Packaging Market.
Global Tobacco Packaging Market to Reach $23.5 Billion by 2030
The global market for Tobacco Packaging estimated at US$17.8 Billion in the year 2022, is projected to reach a revised size of US$23.5 Billion by 2030, growing at a CAGR of 3.5% over the analysis period 2022-2030. Paper Boxes, one of the segments analyzed in the report, is projected to record 3.9% CAGR and reach US$16.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Plastic segment is readjusted to a revised 2.5% CAGR for the next 8-year period.The U.S. Market is Estimated at $4.8 Billion, While China is Forecast to Grow at 5.7% CAGR
The Tobacco Packaging market in the U.S. is estimated at US$4.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.8 Billion by the year 2030 trailing a CAGR of 5.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.1% and 3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.6% CAGR.Select Competitors (Total 41 Featured) -
- Altria Group, Inc.
- Amcor Ltd.
- Amvig Holdings Limited
- API Group PLC
- Ardagh Group SA
- British American Tobacco PLC
- Bulgartabac-Holding AD
- Carreras Limited (Jamaica)
- Ceylon Tobacco Company
- Godfrey Phillips India Ltd.
- Innovia Films Ltd.
- ITC Ltd.
- Karelia Tobacco Company Inc.
- Marden Edwards Ltd.
- Mondi PLC
- ntc industries limited
- Oracle Packaging
- PGP Tobacco Packaging
- Philip Morris International Inc.
- Pt Hanjaya Mandala Sampoerna Tbk.
- Reynolds American Inc.
- Siegwerk Druckfarben AG & Co. KGaA
- Sonoco Consumer Products Europe GmbH
- WestRock Company
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Tobacco Packaging?
What is the growth rate of the Global Market for Tobacco Packaging?
What is the forecasted size of the Global Market for Tobacco Packaging?
Who are the key companies in the Global Market for Tobacco Packaging?
Report Attribute | Details |
---|---|
No. of Pages | 273 |
Published | December 2023 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 17.8 Billion |
Forecasted Market Value ( USD | $ 23.5 Billion |
Compound Annual Growth Rate | 3.5% |
Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Altria Group, Inc.
- Amcor Ltd.
- Amvig Holdings Limited
- API Group PLC
- Ardagh Group SA
- British American Tobacco PLC
- Bulgartabac-Holding AD
- Carreras Limited (Jamaica)
- Ceylon Tobacco Company
- Godfrey Phillips India Ltd.
- Innovia Films Ltd.
- ITC Ltd.
- Karelia Tobacco Company Inc.
- Marden Edwards Ltd.
- Mondi PLC
- ntc industries limited
- Oracle Packaging
- PGP Tobacco Packaging
- Philip Morris International Inc.
- Pt Hanjaya Mandala Sampoerna Tbk.
- Reynolds American Inc.
- Siegwerk Druckfarben AG & Co. KGaA
- Sonoco Consumer Products Europe GmbH
- WestRock Company