Tobacco Packaging Market to Witness 3.7% CAGR During 2020–2030
The increasing consumption of various tobacco-based products such as cigarettes, cigars, smokeless tobacco, water pipes/shishas, and bidis, on account of the increasing disposable income of the people, rising stress of jobs, peer pressure, unemployment, and various other stress-inducing factors, is boosting the global tobacco packaging market. Due to these factors, the market attained a revenue of $19,134.6 million in 2019 and is predicted to demonstrate a CAGR of 3.7% between 2020 and 2030.
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