Allied Market Research published a new report, titled, “Cigarette Paper Market By Application, By Type, By Material: Global Opportunity Analysis and Industry Forecast, 2021-2031″. The cigarette paper market size was valued at $1.6 billion in 2021 and is estimated to reach $2.2 billion by 2031, growing at a CAGR of 3.2% from 2022 to 2031.

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The market for Cigarette Papers is mostly driven by the increasing number of smokers. Over the past few years, there has been an increase in the number of smoking. Moreover, the frequency of smoking is also rising rapidly. This is because of consumers’ hectic and stressful lifestyles. The rising standard of living and adoption of smoking as a fashion have diversified the scope of cigarette paper manufacturers. Consumer disposable incomes have been rising in several developing regions, such as the Asia Pacific, creating many development prospects for cigarette producers to raise their product prices and transfer smokers to premium cigarettes.

Instead of using cigarettes, nicotine replacement therapy is a procedure that has been recommended by doctors. It helps people stop smoking cigarettes or chewing tobacco. By drastically reducing cravings, nicotine replacement therapy can end the mental dependence on tobacco-based goods. Growing public awareness about the high rate of success of nicotine replacement therapy, including patches, lozenges, gum, and other items, is limiting the cigarette paper market growth.

On the basis of product type, the market is bifurcated into tipping paper, rolling paper, and plug wrap paper. The rolling paper segment accounted for a major share of the cigarette paper market in 2021 and is expected to grow at a significant CAGR during the forecast period. Rolling papers are accessible in a few structures, which incorporate straightforward, shaded, and enhanced assortments.

By material, the cigarette paper market is segmented into flex fibers, hemp, rice straw, sisal, and esparto. The hemp segment is accounted for a major cigarette paper market share in 2021 and it is expected to grow at a significant CAGR during the cigarette paper market forecast period. Paper delivered from hemp fiber requires fewer synthetic substances for handling when contrasted with paper created from wood pulps. In this manner, the rising mindfulness levels about the item benefits are projected to help the market development.

As per application, the global cigarette paper market is segmented into hand-made cigarette paper and machine-made cigarette paper. The machine-made cigarette paper segment accounted for a major share of the market in 2021 and it is expected to grow at a significant CAGR during the forecast period. Machine-Made Cigarette Papers have fewer risks than handmade and packed rolling papers. Cases of unhygienic handling or contamination are totally eliminated in a fully automatic process and consumers are able to get a more quality paper at the best possible price.

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The major players analyzed for global Cigarette Paper industry are Schweitzer-Mauduit International, Inc., Delfortgroup AG, Nippon paper papylia co. ltd., Miquel y Costas & Miquel, S.A., The Rolling Paper Company, Republic Technologies, Glatz Feinpapiere, Bukit Muria Jaya (BMJ) Hengfeng paper, and Moondust paper pvt. Ltd.

Key Benefits For Stakeholders:

○ This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the cigarette paper market size from 2021 to 2031 to identify the prevailing cigarette paper market opportunity.
○ The market research is offered along with information related to key drivers, restraints, and opportunities.
○ Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
○ In-depth analysis of the cigarette paper market segmentation assists to determine the prevailing market opportunities.
○ Major countries in each region are mapped according to their revenue contribution to the global market.
○ Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.

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Related Reports:

○ Electronic Cigarette Market is projected to reach $94,316.6 million by 2031
○ Menthol Cigarette Market to Witness a Pronounce Growth During 2022-2031
○ Electric Pocket Lighter Market by Manufacturer, Region, Type and Application Forecast to 2027

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.


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