About Cigarette Packaging
The Cigarette packaging is a rectangular container, generally made up of paper. The increasing concerns by the government towards evidence around tobacco promotion in general and studies that defined the impact of changes in packaging on knowledge. Australia was the first country to implement the standardized packaging of tobacco products. Around 14 percent of adults in the U.S. smoke cigarettes, which causes more than 480,000 deaths every year, according to the Centres for Disease Control and Prevention.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The global Cigarette Packaging market is highly competitive and consists of some key players. In terms of market share, few of the key players presently dominate the global market. These market players are leveraging on strategic collaborative creativities to intensification their market share and escalation their profitability. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Cigarette Packaging market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Amcor Limited (Australia), Innovia Films Ltd. (United States), Westrock (United States), ITC Limited (India), Mondi Group (Austria), Altria Group (United States), Ardagh Group (Ireland), British American Tobacco P.L.C. (United Kingdom), Reynolds American Inc. (United States), Philip Morris International Inc. (United States), Sonoco Consumer Products Europe GmbH (Germany), Siegwerk (Germany), Karelia Tobacco Co. Inc. (Greece) and Ceylon Tobacco Company (Sri Lanka) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are API Group PLC (United Kingdom), Amvig Holdings Limited (Hong Kong) and Vector Tobacco Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Cigarette Packaging market by Type (Soft Pack, Hard Pack / Hinge Lid Pack, Inner Wrapper, Inner Frame, Display Outer (Cigarette Carton), Outer Wrapper and End Label), Application (Smoking Tobacco, Smokeless Tobacco and Raw Tobacco) and Region.
On the basis of geography, the market of Cigarette Packaging has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Material, the sub-segment i.e. Paper and Paperboard {White Board, Solid Board, Chipboard, Fiber Board} will boost the Cigarette Packaging market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging , the sub-segment i.e. Primary Packaging will boost the Cigarette Packaging market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Standardized Tobacco Packaging and Increase Implementation of Plain Packs to Minimize Marketing Opportunities
Market Growth Drivers:
Increase Adoption of Cigarettes and Increasing Governments Initiative Regarding Cigarettes Packaging
Challenges:
Standardized Cigarette Packaging Is a Key Global Tobacco Control Policy Initiative and Tobacco Companies Have Aggressively Challenged Standardised Packaging Regulation
Restraints:
Increased Consumer Awareness and Regulations As Imposed By WHO
Market Leaders and their expansionary development strategies
In 2019, Turkey announced the new regulations, according to which tobacco pack should be in uniform design. The name of the brand is displayed on the side with any logo. And the amendments also ban on the use of tobacco products in television programs and other media. These new rules of plain packaging and tobacco advertising are by WHO FCTC Articles 11 and 13.
In 2019, Canada designs new cigarette packages in dark brown for packages as Australia did already. This package is having a dark color and harmful contrast with light color. These are initiatives taken by the government to increase the impact of graphic health warnings about smoking.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Atrial Fibrillation Surgery Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.