The tobacco packaging industry witnessed progressive growth in the past few years with the advent and the increasing popularity of smokeless tobacco firms worldwide. These products such as gutka, chewing tobacco, snus, snuff, and gum acts as substitutes for cigarettes and are smokeless. As per a recent report by Fortune Business Insights titled, “
Major objectives of the Report are:
- 360-degree overview of the market and growth parameters such as drivers, restraints, challenges, and upcoming opportunities
- Detailed segmentation of the market with names and figures of leading segments
- Major industry developments, current trends, and other interesting insights into the market
- Impact of government regulations on the tobacco packaging market
Information Source:
https://www.fortunebusinessinsights.com/tobacco-packaging-market-102865
Major Industry Developments of the Tobacco Packaging Market include:
June 2018 – A section of Nordic Packaging and Container Holdings called Powerflute was acquired by Mondi Group for USD 398 million to expand the packaging paper business unit of Mondi.
April 2019 – a manufacturing unit of folding carton products for food, tobacco, and consumer goods called Nampak Cartons Nigeria Limited was acquired by AR Packaging Group AB to expand its portfolio in the African market.
Fortune Business Insights™ lists out the names of players operating in this market. They are as follows:
- International Paper (US)
- Sonoco (US)
- Smurfit Kappa (Ireland)
- WestRock (US)
- Amcor Limited (Australia)
- Innovia Films (UK)
- Schweitzer-Mauduit International, Inc. (US)
- ITC Limited (Kolkata)
- Siegwerk Druckfarben AG & Co. KGaA (Germany)
- Mondi Group (Austria)
