Global Tobacco Paper Market Size 2021 Expeditious Growth, Oppor

  • Tobacco Paper Market Size Overview

    Global Tobacco Paper Market Size was estimated to be US$ 1,210.52 Mn in 2018 and is expected to reach US$ 1,564.76 Mn by 2030 growing at a CAGR of 2.5% over the Forecast Period Owing to The Popularity of Roll-your-own Cigarettes, says Absolute Markets Insights

    The global Tobacco Paper Market Size is expected to gain significant lift with the escalation in the popularity of roll-your own (RYO) cigarettes, especially among millennials. Cheap cost associated with RYO products, sometimes including the rolling papers or cigarette tubes as compared to the factory-made cigarettes is among the major driving factors propelling the Tobacco Paper Market Size. Increasing adoption of electronic cigarettes, especially among teens is presumed to hamper the growth of Tobacco Paper Market Size. However, stringent regulations mandated by the government regulatory bodies on limiting or restricting the sale of flavored electronic cigarettes is pushing electronic cigarette smokers to switch from their smoking methods to RYO smoking practices. For instance, in 2018, the U.S. Food and Drug Administration (FDA) restricted the sale of flavored electronic cigarettes in retail stores and gas stations with an aim to decrease the prevalence of vaping. This resulted in the shifting preferences of electronic smokers towards RYO smoking methods as the RYO products are comparatively cheaper as compared to traditional methods of smoking.

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    Top Key Venders of Market:

    Some of the players operating in the global tobacco paper Bukit Muria Jaya, Delfortgroup AG, Glatz Feinpapiere, Hangzhou Huafeng Paper Co., Ltd., Mudanjiang Hengfeng Paper Co., Ltd.

    Key Findings of the Report:

    On the basis of weight, 10 gsm - 25 gsm accounted for the largest market share in 2018. However, 25 gsm & above is expected to grow at the fastest rate over the forecast period. 

    On the basis of material, wood pulp segment accounted for the largest market share in 2018. However, hemp segment is projected to be evaluated as fastest growing market by 2030.

    Some of the players operating in the global tobacco paper Bukit Muria Jaya, Delfortgroup AG, Glatz Feinpapiere, Hangzhou Huafeng Paper Co., Ltd., Mudanjiang Hengfeng Paper Co., Ltd., Republic Technologies (UK) Ltd, Schweitzer-Mauduit International, Inc., and The Rolling Paper Company amongst others.

    Market Segmentation

    By Weight

    Up to 10 gsm

    10 gsm - 25 gsm

    25 gsm & above

    By Material

    Hemp

    Wood Pulp

    Rice

    Flax

    Linen

    Sisal

    By Paper Grade

    Cigarette Tissue

    Plug Wrap Paper

    Tipping Base Paper

    By Geography

    North America

    U.S

    Canada

    Mexico

    Rest of North America

    Europe

    France

    The UK

    Spain

    Germany

    Italy

    Nordic Countries

    Denmark

    Finland

    Iceland

    Sweden

    Norway

    Benelux Union

    Belgium

    The Netherlands

    Luxembourg

    Rest of Europe

    Asia Pacific

    China

    Japan

    India

    New Zealand

    Australia

    South Korea

    Southeast Asia

    Indonesia

    Thailand

    Malaysia

    Singapore

    Rest of Southeast Asia

    Rest of Asia Pacific

    Middle East and Africa

    Saudi Arabia

    UAE

    Egypt

    Kuwait

    South Africa

    Rest of Middle East & Africa

    Latin America

    Brazil

    Argentina

    Rest of Latin America

     

    Contact us:

    Shreyas Tanna

    Phone: +91-740-024-2424

    Absolute Markets Insights

    Email: sales@absolutemarketsinsights.com