DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Tobacco Packaging Market by Material (Paper, Paper Boxes, Plastic, Jute), Type (Primary, Secondary, Bulk), End Use (Smoking Tobacco, Smokeless Tobacco, Raw Tobacco), and Region - Global Forecast to 2022" report to their offering.
The tobacco packaging market size is projected to grow at a CAGR of 3.1% during the forecast period of 2017-2022 and reach USD 16.65 billion by 2022.
Tobacco packaging is used for the packaging of tobacco leaves, tobacco products, or raw tobacco. Applications of tobacco packaging include cigarettes, cigars, pipes, chewing gums, dissolvable tobacco, and snuff. The growth in primary packaging will drive the market for tobacco packaging. Companies requiring massive investments in research activities to come up with new and innovative packaging means and stringent laws on cigarette packing are the major restrains hindering the growth of the market.
The secondary segment, by type, dominated the tobacco packaging market in 2016, and is projected to retain the leading position through 2022. This growth can be attributed to the innovative technology to make cigarette boxes and printing solutions, which can be customized based on the consumers' preferences.
Companies Mentioned
- API Group PLC
- Altria Group
- Amcor Limited
- Amvig Holdings Limited
- Ardagh Group
- British American Tobacco P.L.C.
- Bulgartabac-Holding Ad
- Carreras Limited
- Ceylon Tobacco Company
- Godfrey Phillips India Ltd
- ITC Limited.
- Innovia Films Ltd
- Karelia Tobacco Co. Inc.
- Marden Edwards
- Mondi Group
- NTC Industries Limited
- Oracle Packaging
- PGP Precision
- PT Hanjaya Mandala Sampoerna Tbk.
- Philip Morris International Inc.
- Reynolds American Inc.
- Siegwerk
- Sonoco Consumer Products Europe GmbH
- Vector Tobacco Inc.
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Westrock
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Tobacco Packaging Market, By Material
7 Tobacco Packaging Market, By Type
8 Tobacco Packaging Market, By End Use
9 Tobacco Packaging Market, By Region
10 Competitive Landscape
11 Company Profile
For more information about this report visit http://www.researchandmarkets.com/research/zxqfl5/tobacco_packaging
