Global Market Size, Forecast, and Trend Highlights Over 2025-2037
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. In the year 2025, the industry size of tobacco packaging is estimated at USD 16.32 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.
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 |
|
Tobacco Packaging Segmentation
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 |
|
By Packaging Material |
|
By End Use |
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Customize this ReportTobacco Packaging Industry - Regional Synopsis
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 industry is anticipated to account for largest revenue share by 2037, 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.
Companies Dominating the Tobacco Packaging Landscape
- Amcor plc
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- 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.
In the News
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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
- Report ID: 2768
- Published Date: Dec 24, 2024
- Report Format: PDF, PPT