December 20, 2021 10:28 ET | Source: Facts & Factors Facts & Factors
New York, United States, Dec. 20, 2021 (GLOBE NEWSWIRE) -- Facts and Factors Market Research has published a new report titled “Tobacco Paper Market By Paper Grade (Plug Wrap Paper, Rolling Paper, Tipping Base Paper, and Cigarette Tissue), By Material (Rice Straw, Flax, Wood Pulp, Sisal, Hemp, and Esparto), By Weight (Up To 10 gsm, 10 gsm ¬ 25 gsm, and More Than 25 gsm), And By Regions - Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021 – 2026.” in its research database.
“According to the most recent research study, the demand of Tobacco Paper Market size & share is predicted to be valued at approximately USD 1.1 Billion in 2020 and is expected to reach a value of around USD 1.3 Billion by 2026, at a CAGR of around 3.5% between 2021 and 2026.”
What is Tobacco Paper? How big is the Tobacco Paper Market?
Tobacco paper is the kind of cover that wraps the tobacco. The product is a special kind for industrial production as well as hand cigarette rolling. The tobacco paper along with other paper grades falls in the group of specialty papers differentiated by fulfilling specific features needed by their specific functions as well as usage.
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Global Tobacco Paper Market: Growth Factors
Basic grades of cigarette paper include cigarette tissue, plug wrap paper, and tipping paper. Cigarette tissue paper is the cover packaging the tobacco. Plug wrap paper is the cover paper that filters the inner envelope as well as envelope paper. Tipping paper filters outside the envelope and establishes a link between the filter and the cigarette paper covering the tobacco.
Cigarette tissue papers comprise a whole range of chemical additives (nearly 25% to 35%) and along with decor papers they are classified under the most advanced grades.
The banning of flavored tobacco by regulatory authorities like the U.S. FDA along with the large spectrum of product offerings as well as designing of rolling filters & papers will steer the demand for RYO tobacco items like cigarettes. This, in turn, is estimated to steer the expansion of the market during the forecast timeline.
Furthermore, the escalating popularity of eco-friendly tobacco papers is predicted to mark a new era of growth for the tobacco paper industry during the forecast period. Additionally, manufacturers are introducing environment-friendly items like treeless cigarette rolling papers as well as rolling tobacco papers made from fruits and vegetable pulps as well as cultivated cotton. Nevertheless, fire-related deaths occurring due to cigars are predicted to negatively impact the growth of the tobacco paper industry during the period from 2019 to 2027.
Global Tobacco Paper Market: Report Scope
The global tobacco paper market is segmented based on paper grade, material, weight, and regions.
The growth of the segment during the forecast timeline is owing to the massive use of the material in manufacturing the tobacco paper.
The cigarette tissue segment is set to record the highest growth rate of nearly over 2% during the forecast timeline. The segmental surge is owing to the ability of the cigarette tissues in preventing the breathing of hazardous materials and the ability to minimize the nicotine proportion breathed. In addition to this, beneficial features of cigarette tissues will steer the expansion of the segment during the forecast period.
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The growth of the regional market during the forecast timeline is owing to the large-scale usage of environment-friendly items like treeless cigar rolling papers and filter tips. Apart from this, growing environmental concerns among the end-users of the region are likely to drive industry growth in the Asia Pacific. Countries like India and China are likely to be the major regional revenue pockets during the forecast period.
Browse the full “Tobacco Paper Market By Paper Grade (Plug Wrap Paper, Rolling Paper, Tipping Base Paper, and Cigarette Tissue), By Material (Rice Straw, Flax, Wood Pulp, Sisal, Hemp, and Esparto), By Weight (Up To 10 gsm, 10 gsm ¬ 25 gsm, and More Than 25 gsm), And By Regions - Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021 – 2026” Report at https://www.fnfresearch.com/tobacco-paper-market-report
This report segments the tobacco paper market as follows:
Global Tobacco Paper Market: By Paper Grade Segment Analysis
Global Tobacco Paper Market: By Material Segment Analysis
Global Tobacco Paper Market: By Weight Segment Analysis
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