Cigarette Rolling Paper Market Report
The report on the Cigarette Rolling Paper Market is segmented By Product (High-end Cigarette Rolling Paper, Low-end Cigarette Rolling Paper), By Distribution Channel (Offline, Online), and Region. It covers the COVID-19 Impact Analysis and Forecast to 2026. This market research report provides an in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global cigarette rolling paper market. The historic years considered for the study are 2016-2019, the base year is 2020, the estimated year is 2021, and the forecast period is 2022-2026.
The report on the Cigarette Rolling Paper Market is segmented By Product (High-end Cigarette Rolling Paper, Low-end Cigarette Rolling Paper), By Distribution Channel (Offline, Online), and Region. It covers the COVID-19 Impact Analysis and Forecast to 2026. ...
Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
The Cigarette Rolling Paper Market is estimated to grow from USD xx million in 2020 to USD xx million by 2026 at a healthy CAGR of xx% during the forecast period.
Cigarette rolling paper is paper that is cut into sections that are a suitable size for assembling a cigarette. The strong tissue paper is formulated to offer enough support to contain the loose tobacco during the rolling process, but porous enough to make it possible to control the speed of burning which takes place as the cigarette is smoked.
Key players operating in the cigarette rolling paper market are-
The growing prominence of an eco-friendly cigarette rolling paper is expected to offer immense opportunities to the industry players.
The ability of cigarette rolling paper to cater to several individual needs and end uses is mainly due to its qualities, such as high opacity, high tensile & tearing strength, excellent burning speed control, low air permeability, good edge with quality cut without burns, and good runnability on high-tech cigarette manufacturing machines, thus augments the product demand in the coming years.
Based on the distribution channel, the cigarette rolling paper market is classified offline and online.
By region, the market in Europe accounted for the largest share in 2020 and is expected to grow at a substantial CAGR in the following years.
The COVID-19 outbreak has positively influenced the Cigarette Rolling Paper industry. Surging cases of coronavirus infections have resulted in social distancing and lockdown norms in various countries across the globe to curb the spread of the virus. This has resulted in a temporary shutdown of cigarette rolling paper along with supply chain disruption. Also, increasing concern to prevent getting infected from COVID-19, most of the smokers reduced smoking and some even quit, further affected the market growth.
Here is the list of the group of customers that the Cigarette Rolling Paper market hopes to have the greatest opportunity to convert-
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SWM (The U.S), Delfort (Austria), Glatz (Austria), BMJ (UK), Republic Technologies (France), Hengfeng (China), Hunan Xiangfeng, Hongta Blue Eagle Paper (China), Hangzhou Huafeng (China) and The Rolling Paper Company (Indonesia) are among the key players in the cigarette rolling paper market.
Europe accounted for the largest share in 2020 and is expected to grow at a substantial CAGR.
The offline segment is expected to grow at the highest CAGR in the cigarette rolling paper market in the coming years.
Growing prominence of an eco-friendly cigarette rolling paper, ability of cigarette rolling paper to cater to several individual needs and end uses are the factors driving the growth of cigarette rolling paper market.
Cigarette rolling paper vendors, Cigarette rolling paper retailers, Tobacco companies, Cigarette manufacturing companies are the target audience in the cigarette rolling paper market.
Cigarette rolling paper is paper that is cut into sections that are a suitable size for assembling a cigarette.