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Demand for Global Tobacco Paper Market Is Expected to Exhibit a Promising CAGR of 2.5 % Over the Assessment Period 2021-2030 | Bukit Muria Jaya, Delfortgroup AG, Glatz Feinpapiere, Hangzhou Huafeng Paper Co., Ltd.

08-28-2021 02:43 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Absolute Markets Insights

Global Tobacco Paper market

Global Tobacco Paper market

Absolute Markets Insights published report titled: Global Tobacco Paper Market contains Size and Analysis maintains boosted dynamics and is overshadowed by a top player across the globe. The research report provides Global Tobacco Paper Market Growth and information corresponding to market segments such as geographies, type, application, and end-use industry. This report offers most recent Global Tobacco Paper Market research techniques and tools to assemble widespread and precise marketing research reports. A detailed outlook about Global Tobacco Paper Market size and share were combined in this report which gives a complete analysis of different factors regarding business growth and development.

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The global tobacco paper market is expected to gain significant lift with the escalation in the popularity of roll-your own (RYO) cigarettes, especially among millennials. Cheap cost associated with RYO products, sometimes including the rolling papers or cigarette tubes as compared to the factory-made cigarettes is among the major driving factors propelling the tobacco paper market. Increasing adoption of electronic cigarettes, especially among teens is presumed to hamper the growth of tobacco paper market. However, stringent regulations mandated by the government regulatory bodies on limiting or restricting the sale of flavored electronic cigarettes is pushing electronic cigarette smokers to switch from their smoking methods to RYO smoking practices.

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Key Findings of the Report:

• In terms of revenue, global tobacco paper market was evaluated at US$ 1,210.52 Mn in 2021 and is expected to reach US$ 1,564.76 Mn by 2030, growing at a CAGR of 2.5%.

• On the basis of material, wood pulp segment accounted for the largest market share in 2021. However, hemp segment is projected to be evaluated as fastest growing market by 2030.
• On the basis of weight, 10 gsm - 25 gsm accounted for the largest market share in 2018. However, 25 gsm & above is expected to grow at the fastest rate over the forecast period.

Some of the players operating in the global tobacco paper market:

Bukit Muria Jaya, Delfortgroup AG, Glatz Feinpapiere, Hangzhou Huafeng Paper Co., Ltd., Mudanjiang Hengfeng Paper Co., Ltd., Republic Technologies (UK) Ltd, Schweitzer-Mauduit International, Inc., and The Rolling Paper Company amongst others.

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Global Tobacco Paper Market segmentation:

By Weight:
• Up to 10 gsm
• 10 gsm - 25 gsm
• 25 gsm & above

By Material:
• Hemp
• Wood Pulp
• Rice
• Flax
• Linen
• Sisal

By Paper Grade:
• Cigarette Tissue
• Plug Wrap Paper
• Tipping Base Paper

By Geography
• North America
• U.S
• Canada
• Mexico
• Rest of North America
• Europe
• France
• The UK
• Spain
• Germany
• Italy
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• New Zealand
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia Pacific
• Middle East and Africa
• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Rest of Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

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About Us:
Absolute Markets Insights assists in providing accurate and latest trends related to consumer demand, consumer behavior, sales, and growth opportunities, for the better understanding of the market, thus helping in product designing, featuring, and demanding forecasts. Our experts provide you the end-products that can provide transparency, actionable data, cross-channel deployment program, performance, accurate testing capabilities and the ability to promote ongoing optimization.
From the in-depth analysis and segregation, we serve our clients to fulfill their immediate as well as ongoing research requirements. Minute analysis impact large decisions and thereby the source of business intelligence (BI) plays an important role, which keeps us upgraded with current and upcoming market scenarios.

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