Cigarette Packaging Market Scope
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.
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. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Cigarette Packaging market throughout the predicted period.
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 are API Group PLC (United Kingdom), Amvig Holdings Limited (Hong Kong) and Vector Tobacco Inc. (United States).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
The study have 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), by Application (Smoking Tobacco, Smokeless Tobacco and Raw Tobacco) and Region with country level break-up.
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).
In May 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.
In Mar 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.
- Standardized Tobacco Packaging
- Increase Implementation of Plain Packs to Minimize Marketing Opportunities
- Increase Adoption of Cigarettes
- Increasing Governments Initiative Regarding Cigarettes Packaging
- Increased Consumer Awareness and Regulations As Imposed By WHO
- Standardized Cigarette Packaging Is a Key Global Tobacco Control Policy Initiative
- Tobacco Companies Have Aggressively Challenged Standardised Packaging Regulation
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
Frequently Asked Questions (FAQ):1. What are the key segments playing vital role in Cigarette Packaging Market?
The Cigarette Packaging study can be customized to meet your requirements. The market size breakdown by type [Soft Pack, Hard Pack / Hinge Lid Pack, Inner Wrapper, Inner Frame, Display Outer (Cigarette Carton), Outer Wrapper and End Label], by end use application [Smoking Tobacco, Smokeless Tobacco and Raw Tobacco]. 2. How big is the Cigarette Packaging Market?
The Cigarette Packaging Market is gaining popularity and expected to see strong valuation by 2026.3. What is expected growth rate in Cigarette Packaging Market?
According to AMA, the Global Cigarette Packaging market is expected to see growth rate of %.