What is the current Tobacco Packaging Market size?

The Tobacco Packaging Market is projected to register a CAGR of 3.32% during the forecast period (2024-2029) Read More

Who are the key players in Tobacco Packaging Market?

WestRock Company, Amcor Limited, The International Paper Company, Smurfit Kappa Group PLC and Mondi Group are the major companies operating in the Tobacco Packaging Market. Read More

Which is the fastest growing region in Tobacco Packaging Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Tobacco Packaging Market?

In 2024, the North America accounts for the largest market share in Tobacco Packaging Market. Read More

What years does this Tobacco Packaging Market cover?

The report covers the Tobacco Packaging Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Tobacco Packaging Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Tobacco Packaging Market - Trends, Size & Share

Tobacco Packaging Industry Overview

The major companies include WestRock CompanyWest, Amcor Limited, The International Paper Company, Smurfit Kappa Group PLC, Phillip Morris International Inc., and Sonoco Products Company, among others. The market is moderate in concentration as the vendors in the market vary for market share across regions among players. Therefore market concentration will be moderate.

March 2022 - The WestRock company broke ground on a 285,000-square-foot expansion at its consumer packaging facility in Claremont. The USD 47 million investment was bolstered by a performance-based grant from the One North Carolina Fund.
February 2022 - WestRock Company announced its plans to build a new corrugated box plant in Longview, Washington, to meet the growing demand from its regional customers in the Pacific Northwest. The new corrugated box plant will serve all industry segments and markets in the Pacific Northwest.