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Global Tobacco Packaging Market

  • 4100.00 Dollar US$
  • Published date: April 17, 2019
    • Pune, Pune, Maharashtra, India [ Ads Views - 5 ]

Global Tobacco Packaging Market was valued at US$ 14.3 Bn in 2017 and is expected to reach US$ 18.8 Bn by 2026, at a CAGR of 3.48% during a forecast period. Based on the material type, the paper box segment is projected to drive the global tobacco packaging market during the forecast period as it has features such as eco-friendly and cost-effectiveness.
Growing awareness regarding issues of the non-biodegradable nature of plastic and metal packaging, which is influencing demand for the paper box packaging across the globe. On the basis of type, secondary segment held the largest share in 2016 and also expected to continue its dominance in forecast period as growth in consumption of cigarettes in social gatherings and increased demand for the innovative cigarette boxes, which are boosting demand for the secondary packaging solutions across the globe.

This report is submitted by @Maximize market research pvt ltd

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Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

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