Opportunities in the Global Tobacco and Tobacco Products Packaging Industry 2024

Opportunities in the Global Tobacco and Tobacco Products Packaging Industry 2024

Summary

Volumes in the global tobacco and tobacco products packaging industry declined from 252 billion units in 2018 to 223.3 billion units in 2023, declining at a negative CAGR of 2.4% during 2018-23. Volumes will decline to 202.7 billion units in 2028, posting a negative CAGR of 1.9% during 2023-28. Paper and board was the most used pack material, accounting for a 96.7% volume share, followed by flexible packaging with a 1.9% share.

It is set to decline to 202.7 billion units in 2028, reflecting a negative CAGR of 1.9% during 2023-28. In 2023, paper and board was the most used pack material globally, with a 96.7% share of total volumes. It will continue to dominate through 2028 as the most used pack material in the tobacco and tobacco products packaging industry

Scope

This report brings together multiple data sources to provide a comprehensive overview of packaging in the global tobacco and tobacco products industry. It includes analysis on the following -

• Global overview: Provides an overview of the packaging industry at the global level. The analysis also provides an overview across five regions-Asia-Pacific, Middle East and Africa, the Americas, Western Europe, and Eastern Europe-highlighting key sectors and growth drivers.
• Country deep dive: Provides an overview of the pack materials across sectors in the tobacco and tobacco products industry in select countries in each region.
• Market overview: Provides an overview of the usage of different pack materials across the tobacco and tobacco products industry in terms of the number of units, packaging share, and growth rates during 2018-28, in addition to key packaging innovations for the pack materials analyzed. The report also provides an overview of the shift in utilization of various pack materials across sectors during 2023-28.
• Key pack materials: Includes data and analysis-number of units (millions) and growth rates-for five key pack materials, namely rigid plastics, rigid metal, paper and board, flexible packaging, and other pack materials during 2018-28. It also includes data and analysis for pack materials other than the previously mentioned five. Additionally, the section covers:
• Pack sub-type: Includes aerosol - metal, box - rigid plastic, carton - carton board, box - liquid packaging board, box - other material, foil - aluminum, pod - paper, flexible plastic, tray - aluminum, tube - flexible plastic, other flexible packaging pack types - all sub-types, HDPE, PET, etc.
• Pack type: Includes aerosol, bag-in-box, bag/sachet, blister pack, bottle, box, bubble top, can, carton-folding, carton-liquid, clamshell, etc.
• Closure material: Includes metal, plastic, natural cork, synthetic cork, and others.
• Closure type: Includes cap, crown, dispenser, film, flip/snap top, foil, lever closure, plastic tie, prize off, screw top, sports cap, stopper, and twist off.
• Primary outer material: Includes flexible packaging, board, rigid plastic, and others.
• Primary outer type: Includes bag, blister pack, carton-folding, shrink wrap, sleeve, and others.

Reasons to Buy

• Manufacturers and retailers seek latest information on how the market is evolving to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the industry globally. The report provides a detailed analysis of the countries in specific regions, covering the key challenges, and future growth opportunities that can help companies gain insight into the country/region specific nuances. The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, which can help companies in revenue expansion.

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