Tobacco Packaging Sector: Growth Drivers and Challenges
Growth Drivers
- Increasing Consumption Of Tobacco Products
According to World Health Organization (WHO), there are about 1.337 billion smokers in 2018 with 244 million female and 1.093 billion males.
The increasing smoking habits among end users can be attributed to the chaotic life styles, increased workload and hectic work schedules. Nicotine mimics several neurotransmitters and increases signaling of the brain. It also activates dopamine signals, creating a pleasurable sensation on the brain. Moreover, the trends of hookah bar and pub culture has led to an increase in the consumption of tobacco, thereby raising the need amongst tobacco manufacturers to opt for innovative packaging solutions, which in turn is anticipated to drive the growth of the market. - Increasing Need For Packaging Amongst Manufacturers
There has been an increasing importance on tobacco packaging by advertisers to distinguish between competing brands in order to gain greater consumer share, to help launch new tobacco products and further gain greater brand loyalty. Moreover, primary packaging helps in conserving the shelf life of the product, and secondary packaging facilitates the distribution channel for optimal transport effectiveness and cost efficiency. Such factors are anticipated to drive the growth of market during the forecast period.
Challenges
- Raising Awareness For Ill Effects Of Tobacco
Government and NGO's of various nations are organizing anti-tobacco drives to increase awareness about the ill effects of consuming tobacco, resulting in a reduction in its consumption. In addition, the World Health Organization (WHO) has already initiated several campaigns such as mAwareness & mSmoke-free to monitor cigarette consumption.
Tobacco Packaging Market: Key Insights
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
3.1% |
|
Base Year Market Size (2024) |
USD 15.9 billion |
|
Forecast Year Market Size (2037) |
USD 23.65 billion |
|
Regional Scope |
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Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of tobacco packaging is estimated at USD 16.32 billion.
Tobacco Packaging Market size was over USD 15.9 billion in 2024 and is anticipated to cross USD 23.65 billion by 2037, witnessing more than 3.1% CAGR during the forecast period i.e., between 2025-2037.
Asia Pacific industry is anticipated to account for largest revenue share by 2037, on account of growing intake of cigarettes and chewing tobacco in the region
The major players in the market are Amcor plc, R.J. Reynolds Vapor Company, ITC Limited, Innovia Films, WestRock Company, Mondi plc, Novelis, British American Tobacco plc, Sonoco Products Company, Philips Morris Products S.A., and others.