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The infographic below contains key findings from our tobacco packaging market research report
See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.
The tobacco packaging market will register a CAGR of nearly 3% during the forecast period. Innovation in tobacco packaging is one of the primary drivers of market growth. To stay competitive, tobacco packaging companies have employed several technologies and printing strategies and are providing innovative complex graphic design and exclusive structural designs. Moreover, technology implementation and innovation are one-time investments with steady revenue returns, thus emphasizing the need for tobacco packaging companies to be unique in their product offerings. For Instance, the launch of Skruf Moist Snuff tobacco packaging designed by Neumeister, a smokeless tobacco product with a white packaging giving a brand sense of uniqueness and luxury.
One of the latest trends that will gain traction in the global tobacco packaging market is the emergence of sustainable packaging. Packaging solutions providers are now concentrating on staying creative with stability to attain energy efficiency, lower emissions, and transition to move renewable resources. Moreover, the investments on R&D and recycle of the packaging products are also rising, and numerous companies are working closely with the clients to evaluate the complete environmental effects of packaging.
The global tobacco packaging market is mainly driven by the rising disposable incomes, innovations in the packaging technology, and rising tobacco consumption among women. Moreover, tobacco manufacturers are using packaging as a medium to target the women segment. Factors such as stringent regulations, government actions for tobacco control, and rising health awareness among people is anticipated to affect the market’s growth.
Some of the companies covered in this report are:
During 2016, the paper box packaging segment led the tobacco packaging market and is expected to continue its dominance over the next four years as well. Factors such as environment-friendliness, cost-effectiveness, and light-weight feature contribute to the segment’s growth globally.
In terms of geography, APAC dominated the global tobacco packaging market during 2016 and is foreseen to dominate the market during the forecast period. The presence of numerous low-income countries with liberal taxation will be a major factor fueling the growth of the market in this region in the next few years.
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PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by material used
PART 07: Geographical segmentation
PART 08: Decision framework
PART 09: Drivers and challenges
PART 10: Market trends
PART 11: Vendor landscape
PART 12: Key vendor analysis
PART 13: Appendix
Tags: smokeless tobacco, cigarette packaging, blister packaging, protective packaging, transportation and logistics market trends, packaging industry outlook,
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