Global Tobacco Packaging Market 2017-2021: Technological Innovations Key – Research and Markets

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Global Tobacco Packaging Market 2017-2021: Technological Innovations Key – Research and Markets

PR Newswire

DUBLIN, May 26, 2017 /PRNewswire/ —

Research and Markets has announced the addition of the “Global Tobacco Packaging Market 2017-2021” report to their offering.

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The global tobacco packaging market to grow at a CAGR of 2.58% during the period 2017-2021.

Global Tobacco Packaging Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in market is technological innovations. Though tobacco consumption is decreasing because of stringent government regulations and increasing health awareness, there is a section of people who still consume tobacco because of addiction or habit. The tobacco product manufacturers need to concentrate on such segments to retain those buyers. The main attribute that easily grasps the attention of consumers is packaging. There is a huge scope for innovation in the packaging industry.

One of the packaging companies, MeadWestvaco, designed light-up cartons for Kent brand of cigarettes. Kent comes under the top tobacco product manufacturer, the British American Tobacco. MeadWestvaco placed a setup box with a magnetic lid that includes electronics to expose a line of text when the consumer uses the 10-pack cartons. The purpose of this packaging is to create brand awareness among the consumers and grasp the market of affluent and early adopting consumers.

According to the report, one driver in market is innovation in tobacco packaging. Innovation is the key for both tobacco manufacturers and tobacco packaging companies to remain competitive in the market faced with stringent legislative changes across countries. Innovation centers at tobacco packaging companies are working with technologies and printing. The sales of tobacco products have been showing a downward trend due to government initiatives for tobacco control.

One of the major attributes that may promote the sales is that packaging companies are coming up with various innovations in technologies by offering complex graphics design and unique structural designs. One of the notable innovations in packaging was the introduction of Skruf Moist Snuff tobacco packaging designed by Neumeister.

Further, the report states that one challenge in market is introduction of plain packaging. Plain cigarette packaging has been implemented to deter smokers from smoking. The plain packaging obliges the tobacco companies to remove logos, colors, trademarks, and any other visual aid that may promote their brands.

Key vendors

  • Amcor
  • International Paper
  • ITC
  • Phillip Morris International

Other prominent vendors

  • Bemis
  • British American Tobacco
  • Mondi
  • Novelis
  • Packaging Corporation of America
  • Reynolds Group
  • Siegwerk
  • Sonoco
  • WestRock

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Market segmentation by material used

Part 07: Geographical segmentation

Part 08: Decision framework

Part 09: Drivers and challenges

Part 10: Market trends

Part 11: Vendor landscape

Part 12: Key vendor analysis

Part 13: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/vhfn9g/global_tobacco

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-tobacco-packaging-market-2017-2021-technological-innovations-key—research-and-markets-300464573.html

SOURCE Research and Markets

Xcaliber International Announces Purchase of New Cigarette Manufacturing Line

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Xcaliber International Announces Purchase of New Cigarette Manufacturing Line

PR Newswire

PRYOR, Okla., May 24, 2017 /PRNewswire/ – Xcaliber International announces the purchase of a new cigarette manufacturing line from Hauni Maschinenbau GmbH. This new line complements similar manufacturing lines housed in their current production facility.

Xcaliber International

This new line has a rated speed of 10,000 cigarettes per minute and is expected to be operational by November 2017.  

“The decision to make an investment in a new manufacturing line underscores our confidence in Xcaliber’s growth strategy. This investment will increase capacity by approximately 30%, will provide improved manufacturing flexibility, and further supports our mission to provide top value products in the Tier Four category,” said COO Derrick Taylor.

Xcaliber International, based in Pryor, Oklahoma, is the leading Tier Four cigarette manufacturer in the United States. Xcaliber International is built on the foundation of providing the highest value products in the Tier Four category.

Contact: pr@xcaliberinternational.com

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/xcaliber-international-announces-purchase-of-new-cigarette-manufacturing-line-300463261.html

SOURCE Xcaliber International

Oettinger Davidoff AG officially opens its new factory in Danlí, Honduras

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Oettinger Davidoff AG officially opens its new factory in Danlí, Honduras

PR Newswire

BASEL, Switzerland, May 24, 2017 /PRNewswire/ – Oettinger Davidoff AG, the worldwide leading manufacturer of premium cigars, headquartered in Basel, Switzerland, announced today the official inauguration of its new factory in Danlí, Honduras.

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After acquiring tobacco plantations in the Condega region of Nicaragua and in the Jamastrán Valley in Honduras, the company purchased land in Honduras 2015 to build a new cigar factory.

The new facilities are located in the city of Danlí, Honduras’s main tobacco region: southeast of the capital, on the Panamerican Highway, a few kilometers from the border with Nicaragua.

With this strategic move, the company responds to the fast growing global demand for its key Camacho brand as well as strong USA growth on its Baccarat, La Fontana, Legendario, National brands.

Hans-Kristian Hoejsgaard, CEO and Board member of Oettinger Davidoff AG, explains: “I am proud to officially inaugurate our new factory. It is not only a milestone in the history of our company, but also reflects our global ‘crop-to-shop’ philosophy with this extension of the vertical integration of the business. Our investments mirror the strong growth on Camacho over the past five years which saw its global sales double, as well as the needed production capacity to continue expanding Camacho globally. Furthermore, I am particularly glad that we are able to make a substantial contribution to Honduras’ economic and social development by employing over 500 people in Danlí.”

“Leading and managing this splendid new factory is the greatest honor in my career thus far. In view of important future projects, combined with our focus on cost optimisation and improved working capital, this is the perfect time to consolidate and further expand the Honduran craftsmanship. It makes me very proud to see our team of Master Blenders and cigar artisans strive relentlessly to build up and continue to develop the business of Oettinger Davidoff worldwide. They are the ones who bring to life our finest quality cigars; thrilling aficionados across the globe,” adds Manuel Batista, General Director Central América, Danlí, Honduras.

Manuel Battista’s past experience in the tobacco industry, his performance and the results he has been delivering made him ideally suited to and prepared for this role.

Productivity at Oettinger Davidoff’s new factory is expected to increase dramatically and processes in cigar production are to become more efficient in the years ahead. The high quality of the company-owned tobacco plantations enables Oettinger Davidoff to supply first-class tobacco and successfully implement plans for innovation with existing and new crops.

The site of the new facilities in Danlí is just under 450’000 square feet (41,806 m2) in surface area. The factory building, designed by Honduran architect Gonzalo Núñez Díaz, has several production halls, cold rooms, loading/unloading zones, a spacious guesthouse and the refectory for employees which meet the highest standards of technology and logistics. It has been constructed on an area of more than 118’403 square feet (11,000 m2); with an additional area of 37’673 square feet (3,500 m2) for warehouses.

“Thanks to the location of the factory, near Danlí, we have access to a skilled workforce trained in manufacturing fine cigars, which, in a sense, guarantees business continuity over time. Our new facilities symbolize the momentum, the passion and enduring desire of our team to be an integral part of Oettinger Davidoff AG,” proudly explained Javier Plantada, Vice President Global Production at Oettinger Davidoff AG, Honduras.

About the “Corojo” tobacco (originally grown in Cuba
“Corojo” tobacco is the cornerstone of the Camacho brand. It gives Camacho cigars the intensity and the characteristic bold flavours that have helped make it a success. Under the watchful supervision of expert agronomists, Oettinger Davidoff has started growing “Original Corojo” leaves in the Jamastrán Valley region. This region is often compared with the renowned Vuelta Abajo in Cuba thanks to its ideal climatic conditions and the quality of its soil. The first crops are expected in June 2017.

About Oettinger Davidoff AG 
Oettinger Davidoff AG with sales of over half a billion Swiss francs and 3,600 employees around the world, traces its roots back to 1875 and remains family-owned to this day. The company is dedicated to the business of producing, marketing, distributing and retailing premium-branded cigars, tobacco products and accessories. The premium-branded cigar business includes Davidoff, AVO, Camacho, Cusano, Griffin’s, Private Stock, Zino and Zino Platinum. Oettinger Davidoff AG is also the sole agent of many brands in several countries such as Haribo in Switzerland and S.T. Dupont in the USA. Its business is anchored in a strong “crop-to-shop” philosophy, having pursued vertical integration from the tobacco fields in the Dominican Republic, Honduras and Nicaragua to its worldwide network of over 75 Davidoff Flagship Stores that complement a network of strong Appointed Merchants around the world.

For more information on Camacho: www.camachocigars.com

Media contact: 
Oettinger Davidoff AG 
Melanie Büscher 
Sr. Manager Media Relations & PR
Global Marketing & Innovation
Hochbergerstrasse 15 
CH – 4002 Basel, Switzerland 
Tel. +41 61 279 36 24 
media@oettingerdavidoff.com 
oettingerdavidoff.com

 

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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/oettinger-davidoff-ag-officially-opens-its-new-factory-in-danli-honduras-300463182.html

SOURCE Oettinger Davidoff AG