Cigarette Paper Market Size worth US$ 552.8 million by 2034: Exclusive Report by FMI
The global cigarette paper market is anticipated to reach US$ 407.3 million in 2024, with a projected CAGR of 3.10% from 2024 to 2034, culminating in a total market value of US$ 552.8 million by 2034.
Roll-your-own (RYO) cigarettes are gaining immense popularity among smokers due to their cost-effectiveness and customization options. The substantial savings achieved by purchasing loose tobacco in larger quantities, compared to pre-packaged cigarettes, is a primary driver of their surge in demand. This cost-conscious approach has led to an increased need for reliable and convenient cigarette papers to cater to the growing community of RYO enthusiasts.
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Analysis of Cigarette Paper Consumption
Roll-your-own cigarette enthusiasts represent a substantial portion of the cigarette paper market’s consumer base. This group actively chooses to roll their own cigarettes, considering it their preferred smoking method.
Budget-conscious consumers form another significant contributor to the cigarette paper market. Opting for roll-your-own cigarettes, they perceive it as a more affordable alternative compared to pre-packaged cigarettes.
A noteworthy consumer segment is comprised of individuals concerned about potential health risks associated with additives in pre-packaged cigarettes. This group opts to roll their own cigarettes using natural or additive-free tobacco, reflecting a preference for a more health-conscious smoking approach.
Key Takeaways
- India: The Indian cigarette paper market is poised for substantial growth, with an anticipated CAGR of 6.70% over the forecast period from 2024 to 2034.
- China: The Chinese cigarette paper market is expected to experience remarkable growth, projecting a CAGR of 5.90% over the forecast period from 2024 to 2034.
- Japan: Anticipating significant expansion, the cigarette paper market in Japan is poised for a noteworthy CAGR of 5.20% over the forecast period.
- Australia: The Australian cigarette paper market is forecasted to rise at a 4.40% CAGR over the period from 2024 to 2034, reflecting a steady growth trajectory.
- United Kingdom: In the United Kingdom, the cigarette paper market is expected to grow at a CAGR of 2.80% from 2024 to 2034, indicating a moderate yet consistent growth rate.
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Opportunities
Major players in the cigarette paper market are actively pursuing chemical-free alternatives to cater to a niche audience.
Concurrently, efforts are underway to enhance affordability and personalization, targeting the younger demographic.
Market Key Players
- Schweitzer-Mauduit International, Inc.
- Delfort Group AG
- Republic Technologies International
- Richer Paper Co., Ltd.
- Pura Group
- The Rolling Paper Company
- Glatz Group
- Hangzhou Huafeng Paper Co., Ltd.
- Miquel Y Costas
- Nippon Paper Papylia Co., Ltd.
- Mudanjiang Hengfeng Paper Co., Ltd.
- Moondust Paper Pvt. Ltd.
Key Segments of Cigarette Paper Industry Research
By Type:
- Cigarette Tissues
- 1¼
- 1½
- Single Wide
- Double Wide
- King Size
- Plug Wrap Paper
- Tipping Paper
- Rolling Paper
By Pulp Material:
- Flax
- Wood Pulp
- Hemp
- Rice Straws
- Esparto
- Mixed
By Basis Weight Range:
- 23 to 40 GSM
- 17 to 28 GSM
- 28 to 40 GSM
- 12 to 27 GSM
By Application:
- Cigarette Manufacturing
- Roll Your Own
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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Table of Content
- Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
- Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
- Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
…….Continued
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