Tobacco Packaging Market Share

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.