The rising consumption of tobacco-based products is one of the main factors propelling the demand for tobacco packaging solutions across the world. In many countries, the consumption of tobacco has increased significantly over the last few years, mainly because of the increasing work-pressure and other stress-inducing activities. Tobacco consists of many psychoactive mood-altering chemicals such as nicotine, which releases dopamine in the human body and creates a feeling of pleasure and relaxation. As per the World Health Organization (WHO), 1.337 billion people in the world consumed tobacco in 2018 as a means to deal with stress.
The other crucial factors fuelling the rise in the need for tobacco packaging solutions are the soaring popularity of premium tobacco-based products and soaring disposable income of people in several countries all around the world. Due to these factors, the global tobacco packaging market generated a revenue of $19,134.6 million in 2019 and is predicted to progress at a CAGR of 3.7% during the forecast period (2020—2030). Cigarettes, bidis, cigars, shisha/water pipes, and smokeless tobacco are some of the tobacco-based products requiring packaging.
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The packaging of tobacco-based products is done via two methods— primary and secondary packaging. Of these, the secondary packaging solutions recorded higher usage in the last few years and this trend is expected to continue during the forecast period as well. The secondary packaging type is mainly adopted, on account of the fact that this type of packaging provides the products protection against various environmental factors such as aroma dissipation and moisture before they are delivered to the customers.
Globally, Asia-Pacific (APAC) is predicted to record the highest growth in the adoption of tobacco packaging solutions during the forecast period. This is primarily credited to the heavy consumption and production of tobacco and the increasing disposable income of the people in China. As per the WHO, there were 300 million smokers in China in 2019. Moreover, the China National Tobacco Corporation produces nearly a third of the total number of cigarettes produced across the world. Due to these factors, the tobacco packaging market is expected to register rapid progress in China in future.