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Luxury Tobacco Packaging Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Amcor, WestRock, Shenzhen Jinjia Group CO.,LTD

06 Apr, 2022 | 123 Pages
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Acknowledging the kind of traction gained by this market, recently published a study report by industry data analytics asserts the global Luxury Tobacco Packaging Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 4.2% during the review period (2022 to 2027)



Luxury Tobacco Packaging Market Overview



The market for tobacco packaging is likely to grow from USD 14.27 Billion in 2017 to reach USD 16.65 Billion by 2022, at a CAGR of 4.2%. The base year careful for the study is 2016 and the market size is projected from 2020 to 2027.The Luxury Tobacco Packaging Market Forecast Report provides details analysis of Luxury Tobacco Packaging industry which will quicken your business. Luxury Tobacco Packaging market report covers the current state of business and the growth forecasts of the universal Luxury Tobacco Packaging Market. The Luxury Tobacco Packaging market report lists the leading participants and provides the Industry negative and tests, Growth possible analysis of the main subjects inducing the market.



Tobacco packaging protects and improves the flavour and value of the tobacco from decay and corrosion during transport. Paper-boxes, paperboards, plastic based films, laminates, jute bags, metal cans, foils, are the most widely used tobacco packing things in the market. Majority and gainful packing of tobacco includes various types of packaging such as shells, hinge-lid containers, bundle wraps, slides and several types of flexible packaging material such as shrink sleeves, flip top packs, stand-up pouches, and three-sided closure bags. With the rise in the demand for tobacco products the market for tobacco packing market is likely to grow over the forecast period.



Who are the Major Players in Luxury Tobacco Packaging Market?



The Luxury Tobacco Packaging Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market includes Amcor, WestRock, Shenzhen Jinjia Group CO.,LTD., Shantou Dongfeng Printing Co., Ltd., Siegwerk, MM PACKAGING, ITC Limited, Brilliant Circle Holdings International Limited, Sichuan Jinshi Technology Co.,Ltd., Jinye Grope, Energy New Materials Group, Innovia Films(CCL), Shenzhen Yuto Packaging Technology Co.,ltd., Treofan Group, Guizhou Yongji Printing Co., Ltd., Taghleef Industries Group, SIBUR (Biaxplen), Anhui Genuine New Materials Co.,Ltd., Guangdong New Grand Long Packing Co.,Ltd., TCPL Packaging Ltd, Egem Ambalaj and others.



Recent Developments:



Apr 14, 2015 :Amcor completes Tobacco Packaging acquisition in Brazil



Souza Cruz is majority-owned by British American Tobacco plc and is the market leader in the Brazilian cigarette market. The investment is supported by a long-term supply contract between Amcor and Souza Cruz and the business is expected to achieve annual sales of approximately BRL 200 million (US$ 56 million).



 25-3-2022 :TCPL Packing informed the investors and exchanges through its regulatory filing, that the company has made capacity addition, by installing the second line at its Flexible Packaging unit located at Silvassa consisting of Rotogravure Making Press and other ancillary equipment.



The company also informed that TCPL Inn films Private Limited, a wholly-owned subsidiary of the Company, has started trial production of its Polyethylene (PE) blown film line at Silvassa.



What are the major Applications, Types and Regions for Luxury Tobacco Packaging Market?



By Type, it is segmented into




  • Paper Material

  • Thin Film Material



By Applications it is segmented into




  • Male Smokers

  • Female Smokers



By Material:




  • Paper

  • Paper boxes

  • Plastic

  • Jute

  • Others



Luxury Tobacco Packaging Market Regional Analysis



In 2016, the Asia-Pacific market reported for the largest share of the global tobacco packaging market, followed by Europe and North America. Issues such as the growing stress in work life and rising demand for cigarettes amongst women have paid to the growth in request for tobacco packaging. In adding to this, the cumulative people in these countries gifts a large customer base for tobacco products, which in turn is expected to drive the tobacco packaging market The rising trade of tobacco in the region drives the request for tobacco products, subsequently driving the tobacco packaging market.,




  • North America


    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific



  • Rest of the World

    • Middle East & Africa

    • Latin America





What is our Luxury Tobacco Packaging Market report scope?



Scope of the Report covers Luxury Tobacco Packaging Market with detailed analysis of the overall scenario for the market. It also highlights the business participants environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Luxury Tobacco Packaging Market analysis report as it has vital details to provide about regional markets, expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how worldwide market is working through efficient information graphics.























































Report Attributes



Report Details



Forecast Period 2022 to 2028 CAGR



CAGR of 4.2% during the review period (2022 to 2027).



By Type




  • Paper Material

  • Thin Film Material



By Application




  • Male Smokers

  • Female Smokers



By Companies



WestRock, Shenzhen Jinjia Group CO.,LTD., Shantou Dongfeng Printing Co., Ltd., Siegwerk, MM PACKAGING, ITC Limited, Brilliant Circle Holdings International Limited,



Regions Covered




  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World



Countries Covered




  • US

  • Canada

  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Rest of Europe

  • China

  • Japan

  • India

  • Australia

  • South Korea

  • Rest of Asia-Pacific

  • Middle East & Africa

  • Latin America



Base Year



2022



Historical Year



2017 to 2021



Forecast Year



2022 to 2027



Number of Pages



      123



Customization Available



Yes, the report can be customized as per your needs




 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



Key Takeaways from this Luxury Tobacco Packaging Report




  • Evaluate Luxury Tobacco Packaging market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.

  • Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.

  • Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.

  • Analyze the sales and distribution channels across geographies to enhance top-line revenues.

  • Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.

  • Get a quick outlook on the Luxury Tobacco Packaging market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.

  • Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.



All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.



Frequently Asked Question-



How much is the tobacco packaging market worth?



Fortune Business Visions says that the global tobacco packaging market size was USD 16.15 billion in 2020 and is likely to reach USD 20.45 billion by 2027.



What was the value of the global market in 2019?



In 2019, the market value stood at USD 16.15 billion.



What is the key factor driving the market?



Rising demand for smokeless tobacco products including snuff, gutka, gum, and chewing tobacco in advanced countries is the key factor driving the market.



Which factors are expected to drive the market?



Cumulative demand for HTUs along with increasing use of the packaging as a medium for product promotion are few factors supportive the growth of the market.



What is the leading segment in the tobacco packaging industry?



The paperboard segment is expected to be the leading segment in this market during the forecast period.


  1. INTRODUCTION

    1. MARKET DEFINATION

    2. MARKET DYNAMICS

    3. MARKET SEGMENTATION

    4. REPORT TIMLINES

    5. KEY STAKEHOLDERS



  2. RESEARCH METHODOLOGY

    1. DATA MINING

      1. SECONDARY RESEARCH

      2. PRIMARY RESEARCH

      3. SUBJECT MATTER EXPERT ADVICE



    2. QUALITY CHECK

    3. FINAL REVIEW

      1. DATA TRIANGULATION

      2. BOTTOM-UP APPROACH

      3. TOP-DOWN APPROACH



    4. RESEARCH FLOW



  3. EXECUTIVE SUMMARY

    1. INTRODUCTION

    2. GLOBAL LUXURY TOBACCO PACKAGING MARKET BY TYPES

    3. GLOBAL LUXURY TOBACCO PACKAGING MARKET BY APPLICATIONS



  4. MARKET DYNAMICS

    1. DRIVERS

      1. INCREASING DEMAND FOR LUXURY TOBACCO PACKAGING



    2. RESTRAINTS

      1. STRINGENT ENVIRONMENTAL REGUALTIONS

      2. HIGH COST ON MATERIALS



    3. OPPORTUNITIES

      1. LUXURY TOBACCO PACKAGING GROWTH

      2. APPLICATION OF LUXURY TOBACCO PACKAGING



    4. IMPACT OF COVID 19



  5. GLOBAL LUXURY TOBACCO PACKAGING MARKET, BY TYPES

    1. INTRODUCTION

    2. PAPER MATERIAL

    3. THIN FILM MATERIAL



  6. GLOBAL LUXURY TOBACCO PACKAGING MARKET, BY APPLICATION

    1. INTRODUCTION

    2. MALE SMOKERS

    3. FEMALE SMOKERS



  7. GLOBAL LUXURY TOBACCO PACKAGING MARKET, BY REGION

    1. NORTH AMERICA

      1. US

      2. CANADA

      3. MEXICO



    2. EUROPE

      1. GERMANY

      2. FRANCE

      3. UK

      4. ITALY

      5. RUSSIA

      6. REST OF EUROPE



    3. APAC

      1. CHINA

      2. SOUTH KOREA

      3. JAPAN

      4. INDIA

      5. AUSTRALIA

      6. ASEAN

      7. REST OF APAC



    4. MIDDLE EAST & AFRICA

      1. SAUDI ARABIA

      2. UAE

      3. SOUTH AFRICA

      4. TURKEY

      5. REST OF MEA



    5. SOUTH AMERICA

      1. BRAZIL

      2. REST OF MEA

      3. ARGENTINA

      4. REST OF SOUTH AMERICA





  8. COMPETITIVE LANDSCAPE

    1. MERGERS, ACQUISITIONS, JOINT VENTURES, COLLABORATIONS,

    2. AND AGREEMENTS

      1. KEY DEVELOPMENT



    3. MARKET SHARE (%) **/RANKING ANALYSIS

    4. STRATEGIES ADOPTED BY LEADING PLAYERS



  9. COMPANY PROFILES

    1. BUSINESS OVERVIEW

    2. COMPANY SNAPSHOT

    3. PRODUCT BENCHMARKING

    4. STRATEGIC INITIATIVES

      1. AMCOR

      2. WESTROCK

      3. SHENZHEN JINJIA GROUP CO.,LTD.

      4. SHANTOU DONGFENG PRINTING CO., LTD.

      5. SIEGWERK

      6. MM PACKAGING

      7. ITC LIMITED

      8. BRILLIANT CIRCLE HOLDINGS INTERNATIONAL LIMITED

      9. SICHUAN JINSHI TECHNOLOGY CO.,LTD.

      10. JINYE GROPE

      11. ENERGY NEW MATERIALS GROUP

      12. INNOVIA FILMS(CCL)

      13. SHENZHEN YUTO PACKAGING TECHNOLOGY CO.,LTD.

      14. TREOFAN GROUP

      15. GUIZHOU YONGJI PRINTING CO., LTD.

      16. TAGHLEEF INDUSTRIES GROUP

      17. SIBUR (BIAXPLEN)

      18. ANHUI GENUINE NEW MATERIALS CO.,LTD.

      19. GUANGDONG NEW GRAND LONG PACKING CO.,LTD.

      20. TCPL PACKAGING LTD

      21. EGEM AMBALAJ





SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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