Tobacco Paper Market to Reach USD 1.58 Billion by 2028;

Pune, April 12, 2022 (GLOBE NEWSWIRE) — According to report published by The Brainy Insights, the global tobacco paper market is expected to grow from USD 1.23 billion in 2020 to USD 1.58 billion by 2028 at a CAGR of 3.04% over the forecast period 2021-2028.

Rising demand for treeless cigarette rolling papers, popularity of self-rolling (RYO) cigarettes among the younger generation are some of the factors driving the tobacco paper market.

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Tobacco paper vendors are now focusing on environmentally friendly cigarette papers. They now offer eco-friendly products, for example, tree-free cigarette paper and filter tips. Different fruit pulps and vegetable pulps are now used for rolling papers instead of trees by tobacco paper manufacturers. Manufacturers are into such practices because eco-friendly products are in high demand, even in the case of tobacco paper. Tobacco paper manufacturers also offer different additional features to attract more customers, such as slow burning, giving less smoke and odor. These features are really driving the tobacco paper market. Technological advancements over time have led to tobacco paper rolls, with which very little effort is required for rolling the paper, which increases the efficiency of the rolling process. This factor is also propelling the tobacco paper market. Strict regulations from government regulators on e-cigarettes limit its sales, which also forces the e-cigarette population to turn to Roll your own cigarettes side. In addition, RYO products are cheaper than factory-made cigarettes. This factor is fueling the demand for RYO products and thus propelling the tobacco paper market.

High demand for e-cigarettes is acting as a drag for the market, but strict government regulations are limiting e-cigarette sales in many regions. Additionally, growing health awareness will also hamper the activity during the forecast period. But tobacco paper makers are coming up with a new strategy, just as vendors are now focusing on environmentally friendly cigarette papers. They now offer eco-friendly products, for example, tree-free cigarette paper and filter tips. Tobacco paper manufacturers now make the rolling paper from organic sources such as fruit and vegetable pulp, cultivated cotton, etc. All these factors propel the tobacco paper market.

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The major players in the global tobacco paper market are Bukit Muria Jaya, Delfortgroup AG, GlatzFeinpapiere, Hangzhou Huafeng Paper Co., Ltd., Mudanjiang Hengfeng Paper Co., Ltd., Republic Technologies (UK) Ltd, Schweitzer-Mauduit International, Inc. and The Rolling Paper Company among others.

• The major players are now focusing on implementing strategies such as adoption of new technologies, product innovations, mergers and acquisitions, joint ventures, alliances and partnerships to improve their position in the software market. global tobacco paper industry. For example, Snail Custom Rolling Papers has offered over 2,000 unique designs of rolling papers for around 1,000 different customers, including artists, festivals, clubs, bands, bars, and more.

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Cigarette paper segment would have the highest market share of 43.15% in 2020

Paper grades of cigarette paper include cigarette paper, wrapping paper and butt paper. The cigarette paper segment held the highest market share of 43.15% in 2020. This is widely demanded as it prevents the inhalation of hazardous materials.

Pulp segment led the market with the highest market value of USD 352.05 million in 2020

The Materials segment includes hemp, wood pulp, rice, flax, flax and sisal. The wood pulp segment accounts for the highest market value of USD 352.05 million in 2020. People’s environmental awareness has increased the demand for eco-friendly products. Now, vendors are focusing much more on making cigarette paper from organic sources, such as fruit and vegetable pulp and cultivated cotton. These factors dominate the wood pulp segment.

The 10 gsm – 25 gsm segment dominated the market with the highest market value of USD 507.86 million in 2020

The weight segment includes up to 10 gsm, 10 gsm to 25 gsm and over 25 gsm. 10 gsm – 25 gsm represents the highest market value of USD 507.86 million in 2020, as this weight segment is used as light and ultra-light papers for making RYO cigarette rolling papers.

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Regional Segment Analysis of Tobacco Paper Market

• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, rest of APAC)
• South America (Brazil and rest of South America)
• Middle East and Africa (UAE, South Africa, Rest of MEA)

Regions analyzed for the market include North America, Europe, South America, Asia-Pacific, Middle East & Africa. Asia-Pacific is considered to have the highest market share in 2020 as there is an increase in the disposable income of people in developing economies like India and China. The increase in the per capita income of people in emerging economies in this region has changed their way of life. Moreover, India has the youngest population; these are the reason for the highest market share in the region. Europe has the second highest market share because here vendors offer rolling papers with innovative designs. In addition, there is a great demand for environmentally friendly tobacco paper. Also, the demand for RYO cigarettes is increasing but with a high demand for e-cigarettes, but the strict government regulations limit the sales of e-cigarettes in this region. This shifted the e-cigarette population to the Roll Your Own Cigarette side.

About the report:

The global tobacco paper market is analyzed on the basis of value (USD billion). All segments have been analyzed on a global, regional and country basis. The study includes analysis of more than 30 countries for each segment. The report offers an in-depth analysis of the drivers, opportunities, restraints and challenges to obtain key market insights. The study includes Porter’s Five Forces Model, Attractiveness Analysis, Commodity Analysis, Supply, Demand Analysis, Competitor Position Grid Analysis, analysis of distribution and marketing channels.

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About The Brainy Insights:

The Brainy Insights is a market research company, aiming to provide businesses with actionable insights through data analytics to improve their business acumen. We have a robust forecasting and estimating model to meet customers’ high-quality production goals in a short period of time. We provide custom (customer specific) and syndicated reports. Our union reporting repository is diverse across all domain categories and subcategories. Our customized solutions are designed to meet customer requirements, whether they are looking to expand or planning to launch a new product in the global market.

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