Tobacco Packaging Market size was over USD 15.42 billion in 2023 and is anticipated to cross USD 22.93 billion by 2036, witnessing more than 3.1% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of tobacco packaging is estimated at USD 15.8 billion.
There are a wide range of tobacco products available in the market such as cigarettes, cigars, chewing or dipping e-cigarette & smokeless tobacco, dissolvable tobacco, pipe, hookah-cigarettes and others, which requires smart packaging concepts. Growth of population and the rise in per capita income in developed countries has led to a change in lifestyle, increased workload and stress which is more prevalent in urban areas. People are inclined towards the use of stimulants and anti-depressants such as tobacco products to manage stress levels. Currently, different production technologies are being used for tobacco packaging namely hot-foil stamping and rotogravure & offset printing.
Growth Drivers
Challenges
Base Year |
2023 |
Forecast Year |
2024-2036 |
CAGR |
3.1% |
Base Year Market Size (2023) |
USD 15.42 billion |
Forecast Year Market Size (2036) |
USD 22.93 billion |
Regional Scope |
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The market is segmented by type into primary, secondary and bulk, out of which, the primary segment is anticipated to hold the largest market share in tobacco packaging market on account of an increase in demand for safe and secure packaging. Primary packaging serves the main purpose of fully sealing the substance and removing the risk of food leakage by internal or external interferences. It also serves the goal of increasing the product's shelf life, making it suitable for prolonged consumption. A reliable primary packaging avoids damage to the substance during shipping. Other related characteristics, such as ease of handling and storage, are anticipated to increase the growth of the market.
Our in-depth analysis of the global market includes the following segments
By Type |
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By Packaging Material |
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By End Use |
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On the basis of regional analysis, the tobacco packaging market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Asia Pacific emerged with the highest market share in 2019 and is anticipated to see the highest growth over the forecast period. On account of the growing intake of cigarettes and chewing tobacco, the region is expected to be the leading market for tobacco packaging in the world. Additionally, presence of numerous small, medium and large players operating in the market in this region is also anticipated to drive the market growth.
On September 8, 2020, Amcor confirmed its membership of the "HolyGrail 2.0" Digital Watermarks Program, which brings together over 85 businesses and associations, including core consumers and major business player, around the packaging value chain. It partners in pioneering packaging technology to improve recycling. HolyGrail 2.0 is a pilot project facilitated by the European Brands Association (EBA) Target, which seeks to show the effectiveness of automated watermarking technology for detailed sorting and better-quality recycling.
Author Credits: Abhishek Anil
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