Global Tobacco Packaging Markets, 2012-2019 & 2020-2027

Dublin, Feb. 15, 2021 (GLOBE NEWSWIRE) -- The "Tobacco Packaging - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Tobacco Packaging Market to Reach $16.5 Billion by 2027

Amid the COVID-19 crisis, the global market for Tobacco Packaging estimated at US$14.6 Billion in the year 2020, is projected to reach a revised size of US$16.5 Billion by 2027, growing at a CAGR of 1.8% over the analysis period 2020-2027.

Paper, one of the segments analyzed in the report, is projected to record a 2.2% CAGR and reach US$4.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Paper Boxes segment is readjusted to a revised 2.2% CAGR for the next 7-year period.

The U.S. Market is Estimated at $4 Billion, While China is Forecast to Grow at 3.6% CAGR

The Tobacco Packaging market in the U.S. is estimated at US$4 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.2 Billion by the year 2027 trailing a CAGR of 3.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.2% and 1.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 0.7% CAGR.

Plastic Segment to Record 1.5% CAGR

In the global Plastic segment, USA, Canada, Japan, China and Europe will drive the 1.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$2.1 Billion in the year 2020 will reach a projected size of US$2.2 Billion by the close of the analysis period.

China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2.2 Billion by the year 2027, while Latin America will expand at a 2.2% CAGR through the analysis period.

The 380-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Global Competitor Market Shares

• Tobacco Packaging Competitor Market Share Scenario Worldwide (in %): 2019 & 2025

• Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

• Altria Group, Inc.

• Amcor Ltd.

• Amvig Holdings Limited

• API Group PLC

• Ardagh Group SA

• British American Tobacco PLC

• Bulgartabac-Holding AD

• Carreras Limited (Jamaica)

• Ceylon Tobacco Company

• Godfrey Phillips India Ltd.

• Innovia Films Ltd.

• ITC Ltd.

• Karelia Tobacco Company Inc.

• Marden Edwards Ltd.

• Mondi PLC

• ntc industries limited

• Oracle Packaging

• PGP Tobacco Packaging

• Philip Morris International Inc.

• Pt Hanjaya Mandala Sampoerna Tbk.

• Reynolds American Inc.

• Siegwerk Druckfarben AG & Co. KGaA

• Sonoco Consumer Products Europe GmbH

• WestRock Company

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

• Market Facts & Figures

• US Tobacco Packaging Market Share (in %) by Company: 2019 & 2025

• Market Analytics

CANADA

JAPAN

CHINA

EUROPE

• Market Facts & Figures

• European Tobacco Packaging Market: Competitor Market Share Scenario (in %) for 2019 & 2025

• Market Analytics

FRANCE

GERMANY

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC

AUSTRALIA

INDIA

SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA

ARGENTINA

BRAZIL

MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

IRAN

ISRAEL

SAUDI ARABIA

UNITED ARAB EMIRATES

REST OF MIDDLE EAST

AFRICA

IV. COMPETITION

Total Companies Profiled: 41

For more information about this report visit https://www.researchandmarkets.com/r/78c6vg

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