PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1587638
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1587638
According to Stratistics MRC, the Global Cigarette Paper Market is accounted for $1.8 billion in 2024 and is expected to reach $2.5 billion by 2030 growing at a CAGR of 5.2% during the forecast period. Cigarette paper is a thin, specialized paper made from wood pulp and other fibers for rolling cigarettes. It is designed to burn evenly and at a controlled rate, with additives that create "fire-safe" properties to reduce accidental ignition. The paper's porosity affects the speed of burning and smoke production. Some papers are ultra-thin, providing a smoother smoking experience, while others may have adhesive strips for sealing the cigarette. The quality and characteristics of cigarette paper significantly influence the smoking experience, affecting flavor delivery and inhalation ease.
According to WHO, the World Health Organization Framework Convention on Cigarette Control (WHO FCTC), the first international public health treaty, entered into force in 2005 and listed advertising as one of the causes of the sharp rise in tobacco use.
Rise in the global smoking population
Roll-your-own (RYO) cigarettes have become increasingly popular, which has raised demand for cigarette paper because they are more affordable than pre-rolled cigarettes, especially in lower-income areas which account for 80% of the world's smokers, making them the largest smoking populations. Since people are using cigarette paper to roll cannabis products alongside regular tobacco, the legalization of cannabis has also raised demand for the paper.
Increasing popularity of e-cigarettes
Traditional cigarette paper demand has decreased as a result of the popularity of e-cigarettes, especially among younger consumers who choose vaping goods. The main causes of this change in cigarette usage are health concerns and the allure of vaping. Due to competition from non-combustible items that employ other materials and technologies and do not require traditional cigarette paper, the market for cigarette paper is also being squeezed. Cigarette paper manufacturers are therefore seeing a decline in demand.
Increasing legalization of cannabis in various countries
Manufacturers are creating cannabis-related products to meet the increasing demand for such products. Increased sales and market expansion may result from this diversification. Additionally, there may be a dual demand for cigarette papers that may cater to both markets since cannabis users may also smoke tobacco. By legitimizing and promoting the use of cannabis, governments can indirectly boost the cigarette paper sector by encouraging safe and legal cannabis use behaviors boosting the market growth.
Strict regulations and taxes
Increased black market activity and a decline in legal sales of cigarettes and related goods like cigarette paper might result from high taxation. Customers might look for less expensive options outside of the law, which would reduce market demand. Customers may move to e-cigarettes or non-combustible goods if laws get more stringent and costs increase, which would further reduce market demand.
The COVID-19 pandemic had mixed effects on the cigarette paper market. Initially, lockdowns disrupted supply chains and reduced demand from cigarette manufacturers, leading to a decline in sales. However, as people spent more time at home, there was a notable surge in tobacco product consumption, including roll-your-own cigarettes. This shift resulted in increased demand for cigarette paper. The market began recovering as production returned to pre-pandemic levels, although ongoing economic challenges and changing consumer preferences continue to influence growth prospects.
The rolling paper segment is expected to be the largest during the forecast period
The rolling paper is expected to be the largest during the forecast period owing to manufacturers being compelled to develop and create sustainable products in response to the growing demand for eco-friendly rolling papers. Additionally, improvements in flavor and quality are being made, which will draw in a wider customer base and promote more frequent purchases, thereby expanding the market for cigarette paper.
The hemp segment is expected to have the highest CAGR during the forecast period
The hemp segment is expected to have the highest CAGR during the forecast period because Hemp's reputation as a renewable resource has grown in popularity as environmental concerns have increased. Compared to conventional crops used to make paper, hemp uses less water and fewer pesticides, which appeals to environmentally conscious consumers. The market for hemp cigarette papers is being driven by this move towards sustainable materials, which is consistent with global trends that prefer eco-friendly products.
North America is expected to have the largest market share over the projection period owing to increased by the popularity of roll-your-own (RYO) tobacco products, which are thought to be more affordable and customized. In order to address health and safety issues, manufacturers are also concentrating on producing cigarette papers that are biodegradable and environmentally benign, as well as low-ignition propensity and reduced-additive papers. The rising demand for cigarette paper in North America is a result of these causes.
Asia Pacific is anticipated to witness the highest rate of growth during the forecast period due to its strong export base and cost-effective manufacturing, Asia Pacific is a major hub for cigarette paper manufacture. Cigarette paper is supplied both domestically and outside by nations like China, Japan, and Indonesia, which promotes consistent growth. Furthermore, a new growth path for the sector is provided by the developing demand for cigarette papers in legal cannabis nations like Thailand drives the market growth in this region.
Key players in the market
Some of the key players in Cigarette Paper Market include BMJ, Delfort group AG, Glatz Feinpapiere, Hengfeng Paper , Hongta Blue Eagle Paper, Miquel y Costas & Miquel S.A, Moondust Paper Pvt. Ltd, Nippon Paper Papylia Co. Ltd., Republic Technologies , Schweitzer-Mauduit International Inc., SWM international and The Rolling Paper Company.
In October 2024, Nippon Paper Industries Co., Ltd. has expanded its SPOPS business into the South Korean market. As the first step in this business expansion, products such as shampoos and body soaps using SPOPS will be released in the South Korean market under the "ECOJE" brand of South Korean cosmetics manufacturer UCL Co., Ltd. by 2024.
In August 2024, Nippon Paper Industries Co., Ltd. has announced that the Company has agreed with A&A Material Corporation on the transfer of all shares in Daishowa Uniboard Co., Ltd. a consolidated subsidiary of the Company, and that a stock purchase agreement was concluded.
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.