Thursday 26 April 2018

Market Insights: Global Cigar Tubes Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

Researchmoz added Most up-to-date research on "Cigar Tubes Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025" to its huge collection of research reports.

A cigar tube offers an easy option to carry the cigar. It is a rolled package of dried and inflamed tobacco leaf to be smoked, and produced in a variety of sizes and types. Cigars are made through a combination of moisture and temperature. Cigar tubes offer protection to cigars as the cigar is an organic product and sensitive to the surroundings. Cigar tubes are handy that people can carry with them in their pockets anytime. There are various cigar tube products with different styles in the market. Numerous companies are primarily focusing on providing stylish cigar tubes due to changing lifestyles.

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Growing demand for aluminum cigar tubes is the prime factor driving the growth of the global cigar tubes market. Aluminum cigar tubes can preserve the flavor of the cigar for longer time. Additionally, aluminum cigar tubes are lightweight and provide suitable protection to the cigar from getting dry.  The market for cigar tubes is gaining impetus due to growing demand among young adults. Moreover, various flavors of cigar available in the market are attracting consumers to buy these products. The market is gaining huge momentum due to the rising interest and taste of cigars. This is expected to fuel the growth of cigar tubes during the forecast period. Increasing youth population across the world is also responsible for the growth of the global cigar tubes market. Premiumization of cigars is boosting the demand for various types of cigars, thereby increasing the demand for cigar tubes. However, storing and keeping the cigars in cigar tubes for longer time and growing health awareness and smoking bans are some factors that may hamper the growth of the global cigar tubes market.

The global cigar tubes market can be segmented by type, end use, and geography. In terms of type, the market can be segmented by plastic cigar tubes, metal cigar tubes, flask cigar tubes and other. Metal cigar tubes segment is expected to expand at a significant rate during the forecast period owing to the characteristics of metal cigar tubes of providing proper shielding for long term use. On the basis of end use, the global cigar tubes market can be segmented by male and female. Male segment is anticipated to continue its dominance in the market during the forecast period due to the increasing consumption of cigar among men. Also, the increasing number of women consumers of cigars is likely to contribute to growth of the global cigar tubes market. On the basis of geography, the global cigar tubes market can be segmented by North America, Europe, Asia Pacific, Middle East & Africa, and South America. Rising consumption of cigars in the U.S. is expected to present favorable growth opportunities in the North America cigar tubes market over the forecast period. The market in Asia Pacific is also anticipated to grow at a significant rate owing to the increasing population and demand for various cigar tubes in China and India. Middle East & Africa, and South America are likely to emerge as two of the fastest growing markets in the near future.

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The global cigar tubes market includes various players. Some of the key players are NEW SONG YI ALUMINIUM CAN MANUFACTORY CO., LTD., Phoenix Glass, LLC, Shenzhen Junen packing Group, Adelphi Healthcare Packaging, ECMI LTD, Montebello, Keefar International Limited, In Reach Enterprise Co. Ltd, Pacific Vial Manufacturing Inc., Walsen International Inc., ViSipak, and CCL Container.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis

The regional analysis covers:

- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

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A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market

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