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FMI, in its upcoming business report, elaborates the historical and current scenario of the global Tobacco Pouch market in terms of production, consumption, volume, and value. The report scrutinizes the market into various segments, regions and players on the basis of demand pattern and growth prospects.
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Crucial information and forecast statistics covered in the Tobacco Pouch market report will arm both existing and emerging market players with necessary insights to craft long-term strategies as well as maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.
COVID-19 Impact Analysis on Tobacco Pouch Market
The recent outbreak of the COVID-19 has adversely affected various markets in the packaging industry, and the Tobacco Pouch market is no exception. Products which are deemed ‘essential’ continue to experience significant sales, while non-essential items faced a sharp decline in demand.
Following government’s measures, particularly social distancing norms and stay-at-home orders, companies operating in the Tobacco Pouch market have put their production on a halt. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace. Several market players are further planning to relocate their supply chain from China – the first epicenter of the COVID-19.
The FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on the Tobacco Pouch market. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.
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Competitive Landscape
The key players are in the tobacco pouch market:
- Amcor Limited (Austria)
- Innovia Films (UK)
- Siegwerk Druckfarben AG & Co. KGaA (Germany)
- Sonoco (US)
- Smurfit Kappa (Ireland)
- China National Tobacco corporation (China)
- ITC Limited (India)
- Phillip Morris International (US)
- WestRock Company (US)
- Reynolds Group (US)
- Oracle Packaging
- Japan Tobacco International (Japan)
- Mondi Group (England)
- Others
Tobacco Pouch: Market Drivers
The increase in consumption of tobacco products directly increases the consumption of tobacco packing pouch. Since it has been observed that increase consumption of cigarettes and tobacco products in youth, packaging is required for protecting the authenticity of product and quality to extend its shelf life.
Tobacco pouch: Segmentation
Based on Material Used:
- Paperboards
- Paper boxes
- Plastics
- Jute
- Metal
- Others
Based on Packaging Type:
- Bulk Packaging
- Secondary packaging
- Primary Packaging
Based on End-use:
- Smoking Tobacco
- Cigarettes
- Cigars
- Raw Tobacco
- Chewing Tobacco
- Dissolvable Tobacco
- Others
Important Questions Answered in the Tobacco Pouch Market Report
- Which end user remains the top revenue contributor in different regional markets?
- At what rate has the global Tobacco Pouch market been expanding during the forecast period?
- How will the global Tobacco Pouch market look like by the end of the forecast period?
- What innovative strategies are adopted by Tobacco Pouch market players to stay ahead of the pack?
- What are the restraints affecting the growth of the global Tobacco Pouch market?
Key Offerings of the Report
- Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
- Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
- Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
- Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
- Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Tobacco Pouch market