Product Code: ETC396773 | Publication Date: Jul 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 250 | No. of Figures: 50 | No. of Tables: 25 |
The Europe Tobacco Pouch Market is expected to grow at a CAGR of approximately 3% from 2021 to 2027. The European tobacco pouch market has seen positive growth in the last few years, with more consumers preferring to use pouches for their convenience and cost-effectiveness, compared to other packaging formats. This steady increase will be bolstered by the Covid-19 pandemic, as people are increasingly opting for pouch packaging instead of loose cigarettes due to its portability and low price point.
The major drivers of growth in this market are increasing consumer preference for convenience, rising disposable incomes, and continuous product innovation by manufacturers. Consumers prefer convenient products that can fit into pockets or bags easily; hence pouch packaging offers considerable advantages over other traditional forms such as metal tins or cardboard boxes. Additionally, consumer spending power is growing in many countries across Europe which gives them scope for indulging in luxury items including premium quality tobacco products packaged attractively in pouches. Moreover, these preferences have also been studied extensively by industry players who keep innovating new flavors and sizes according to customer tastes through R&D investments regularly thereby driving sales further up.
However, there are certain challenges faced by the market too such as stringent regulations on tobacco consumption along with associated taxes imposed by governments across various countries within the Europe region which act as hindrances towards the expansion of this market significantly since it affects the affordability of these products amongst consumers resulting into decline in overall demand eventually leading into decreased revenues for stakeholders concerned herewith. In addition, environmental concerns related to the nonbiodegradable nature of the plastic used oftentimes during the manufacturing process pose another significant challenge herewith.
Some key players operating within this space include Philip Morris International Inc., Japan Tobacco International (JTI), British American Tobacco plc (BAT) Imperial Brands Plc., Scandinavian Tobacco Group A/S, Swisher International Inc., Scandback Nordic AB, etc among others. These companies make concerted efforts towards product innovations while simultaneously focusing upon expanding geographical footprints thereof so as ensure sustained levels of profitability amidst changing landscapes internally & externally.
Due to Covid 19 pandemic, restrictions on movement have been enforced drastically worldwide thereby pushing a huge population indoors which implies reduced opportunities available out there concerning socializing activities like going out smoking etc consequently curtailing demand here significantly nevertheless some amount of stability was provided with little support from online ordering.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Europe Tobacco Pouch Market Overview |
3.1 Europe Regional Macro Economic Indicators |
3.2 Europe Tobacco Pouch Market Revenues & Volume, 2020 & 2027F |
3.3 Europe Tobacco Pouch Market - Industry Life Cycle |
3.4 Europe Tobacco Pouch Market - Porter's Five Forces |
3.5 Europe Tobacco Pouch Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Europe Tobacco Pouch Market Revenues & Volume Share, By Material Used, 2020 & 2027F |
3.7 Europe Tobacco Pouch Market Revenues & Volume Share, By Packaging Type, 2020 & 2027F |
3.8 Europe Tobacco Pouch Market Revenues & Volume Share, By End-use, 2020 & 2027F |
4 Europe Tobacco Pouch Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Europe Tobacco Pouch Market Trends |
6 Europe Tobacco Pouch Market, 2017 - 2027 |
6.1 Europe Tobacco Pouch Market, Revenues & Volume, By Material Used, 2017 - 2027 |
6.2 Europe Tobacco Pouch Market, Revenues & Volume, By Packaging Type, 2017 - 2027 |
6.3 Europe Tobacco Pouch Market, Revenues & Volume, By End-use, 2017 - 2027 |
7 Germany Tobacco Pouch Market, 2017 - 2027 |
7.1 Germany Tobacco Pouch Market, Revenues & Volume, By Material Used, 2017 - 2027 |
7.2 Germany Tobacco Pouch Market, Revenues & Volume, By Packaging Type, 2017 - 2027 |
7.3 Germany Tobacco Pouch Market, Revenues & Volume, By End-use, 2017 - 2027 |
8 United Kingdom Tobacco Pouch Market, 2017 - 2027 |
8.1 United Kingdom Tobacco Pouch Market, Revenues & Volume, By Material Used, 2017 - 2027 |
8.2 United Kingdom Tobacco Pouch Market, Revenues & Volume, By Packaging Type, 2017 - 2027 |
8.3 United Kingdom Tobacco Pouch Market, Revenues & Volume, By End-use, 2017 - 2027 |
9 France Tobacco Pouch Market, 2017 - 2027 |
9.1 France Tobacco Pouch Market, Revenues & Volume, By Material Used, 2017 - 2027 |
9.2 France Tobacco Pouch Market, Revenues & Volume, By Packaging Type, 2017 - 2027 |
9.3 France Tobacco Pouch Market, Revenues & Volume, By End-use, 2017 - 2027 |
10 Italy Tobacco Pouch Market, 2017 - 2027 |
10.1 Italy Tobacco Pouch Market, Revenues & Volume, By Material Used, 2017 - 2027 |
10.2 Italy Tobacco Pouch Market, Revenues & Volume, By Packaging Type, 2017 - 2027 |
10.3 Italy Tobacco Pouch Market, Revenues & Volume, By End-use, 2017 - 2027 |
11 Russia Tobacco Pouch Market, 2017 - 2027 |
11.1 Russia Tobacco Pouch Market, Revenues & Volume, By Material Used, 2017 - 2027 |
11.2 Russia Tobacco Pouch Market, Revenues & Volume, By Packaging Type, 2017 - 2027 |
11.3 Russia Tobacco Pouch Market, Revenues & Volume, By End-use, 2017 - 2027 |
12 Spain Tobacco Pouch Market, 2017 - 2027 |
12.1 Spain Tobacco Pouch Market, Revenues & Volume, By Material Used, 2017 - 2027 |
12.2 Spain Tobacco Pouch Market, Revenues & Volume, By Packaging Type, 2017 - 2027 |
12.3 Spain Tobacco Pouch Market, Revenues & Volume, By End-use, 2017 - 2027 |
13 Rest of Europe Tobacco Pouch Market, 2017 - 2027 |
13.1 Rest of Europe Tobacco Pouch Market, Revenues & Volume, By Material Used, 2017 - 2027 |
13.2 Rest of Europe Tobacco Pouch Market, Revenues & Volume, By Packaging Type, 2017 - 2027 |
13.3 Rest of Europe Tobacco Pouch Market, Revenues & Volume, By End-use, 2017 - 2027 |
14 Europe Tobacco Pouch Market Key Performance Indicators |
15 Europe Tobacco Pouch Market - Opportunity Assessment |
15.1 Europe Tobacco Pouch Market Opportunity Assessment, By Countries, 2020 & 2027F |
15.2 Europe Tobacco Pouch Market Opportunity Assessment, By Material Used, 2020 & 2027F |
15.3 Europe Tobacco Pouch Market Opportunity Assessment, By Packaging Type, 2020 & 2027F |
15.4 Europe Tobacco Pouch Market Opportunity Assessment, By End-use, 2020 & 2027F |
16 Europe Tobacco Pouch Market - Competitive Landscape |
16.1 Europe Tobacco Pouch Market Revenue Share, By Companies, 2020 |
16.2 Europe Tobacco Pouch Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |