Cannabis Packaging Market in North America 2017-2021

  • ID: 4416655
  • Report
  • Region: America, North America, United States
  • 68 pages
  • TechNavio
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FEATURED COMPANIES

  • J.L.Clark
  • KAYA CANNABIS
  • Kush Bottles
  • Laguna Blends
  • Lexaria Bioscience
  • LifeLoc Technologies
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

About Cannabis Packaging

The cannabis industry in North America is like other legal consumer goods industries, such as food, tobacco or alcohol. Some cannabis-infused products already look strikingly similar to existing consumer products. In addition to 'flower' which is the smokable leaf that most people usually associate with cannabis, there are many cannabis-infused products that range from edibles such as snacks and meals, to concentrates such as pills and oils, and beverages.

The cannabis packaging market in North America has undergone significant growth, and various companies have recently launched recyclable packaging solutions such as compostable cellophane bags, metal cans, and compostable pouches. Product marketing through packaging is a focus area for packaging companies, but meeting local and federal laws is critical for success.

The analysts forecast the cannabis packaging market in North America to grow at a CAGR of 10.40% during the period 2017-2021 .

Covered in this report
The report covers the present scenario and the growth prospects of the cannabis packaging market in North America for 2017-2021 . To calculate the market size, the report considers the revenue generated from the sales of cannabis packaging.

The market is divided into the following segments based on geography:
  • Canada
  • Mexico
  • The US
The report, Cannabis Packaging Market in North America 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.

Key vendors
  • Kush Bottles
  • Laguna Blends
  • Maple Leaf Green World
  • J.L.Clark
Other prominent vendors
  • KAYA CANNABIS
  • Lexaria Bioscience
  • LifeLoc Technologies
Market drivers
  • Growing cannabis sales market
  • For a full, detailed list, view the full report
Market challenges
  • Unpredictable market conditions
  • For a full, detailed list, view the full report
Market trends
  • Growing popularity toward sustainable packaging
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • J.L.Clark
  • KAYA CANNABIS
  • Kush Bottles
  • Laguna Blends
  • Lexaria Bioscience
  • LifeLoc Technologies
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION
  • Market outline
PART 05: MARKET LANDSCAPE
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: MARKET SEGMENTATION BY PACKAGING TYPE
  • Cannabis packaging market in North America by packaging type
  • Cannabis packaging market in North America by rigid packaging
  • Cannabis packaging market in North America by flexible packaging
PART 07: REGIONAL LANDSCAPE
  • Geographical segmentation
  • Regional comparison
  • Canada – market size and forecast
  • The US – market size and forecast
  • Mexico – market size and forecast
  • Market opportunity
PART 08: DECISION FRAMEWORK

PART 09: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 10: MARKET TRENDS
  • Growing popularity toward sustainable packaging
  • Introduction of active packaging in cannabis packaging
  • Shifting of focus areas in cannabis packaging
PART 11: VENDOR LANDSCAPE
  • Competitive scenario
  • Kush Bottles
  • Laguna Blends
  • Maple Leaf Green World
  • J.L. Clark
  • Other prominent vendors
PART 12: APPENDIX
  • List of abbreviations
List of Exhibits
Exhibit 01: Cannabis packaging market in North America 2016-2021
Exhibit 02: Cannabis packaging market in North America 2016-2021 ($ millions)
Exhibit 03: Five forces analysis
Exhibit 04: Cannabis packaging market in North America by packaging type 2016 ($ millions)
Exhibit 05: Cannabis packaging market in North America by packaging type 2021 ($ millions)
Exhibit 06: Cannabis packaging market in North America by packaging type 2016-2021 ($ millions)
Exhibit 07: Cannabis packaging market in North America by rigid 2016-2021 ($ millions)
Exhibit 08: Cannabis packaging market in North America by flexible 2016-2021 ($ millions)
Exhibit 09: Cannabis packaging market in North America – market size and forecast 2016-2021 (%)
Exhibit 10: Regional comparison
Exhibit 11: Canada – market size and forecast 2016-2021 ($ millions)
Exhibit 12: Canada – Year-over-year growth 2017-2021
Exhibit 13: The US – market size and forecast 2016-2021 ($ millions)
Exhibit 14: The US – Year-over-year growth 2017-2021 ($ millions)
Exhibit 15: Mexico – Year-over-year growth 2017-2021
Exhibit 16: Cannabis market in North America 2015 and 2016
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FEATURED COMPANIES

  • J.L.Clark
  • KAYA CANNABIS
  • Kush Bottles
  • Laguna Blends
  • Lexaria Bioscience
  • LifeLoc Technologies
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

New Report Released: – Cannabis Packaging Market in North America 2017-2021

The author of the report recognizes the following companies as the key players in the cannabis packaging market in North America Kush Bottles, Laguna Blends, Maple Leaf Green World, and J.L.Clark :

Other Prominent Vendors in the market are: KAYA CANNABIS, Lexaria Bioscience, and LifeLoc Technologies.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Growing popularity toward sustainable packaging. The trade-off for cannabis market to become sustainable is cost. Kush Bottles has established a recycling program at Colorado for pop-top containers, and some consumers try to decrease the surface area on barrier bags when possible. Recyclable paperboard choices are becoming accessible, and reusable materials like metal and glass are popular. J.L. Clark has the advantage of its large base of existing metal bodies which don’t require tooling, producing metal cannabis packed containers with the flexibility of decorated plastic child-resistant lids.”

According to the report, one of the major drivers for this market is Growing cannabis sales market. The North American cannabis market posted a revenue of $6700 million in 2016, marking about 30% increase from the 2015 figures. Cannabis sales are expected to grow at a CAGR of 10.40% during the forecast period when the North American market is expected to reach $8900 million in 2021. In the case of the cannabis boom, legalization is bringing new users to the market. In Colorado, Washington, and Oregon, recreational use was legal before 2016, with the consumer spending on cannabis about 62% during 2015-2016. Seven US states legalized cannabis in some form on the Election Day. The sudden popularity of alternative ingestion techniques, such as weed-laced topical sprays and edibles fueled the growth of the growing cannabis market in North America, thereby subsequently boosting the cannabis packaging market in North America.

Further, the report states that one of the major factors hindering the growth of this market is Unpredictable market conditions. The cannabis packaging market witnesses the presence of a number of small owners and operators. Operations and sales must take place within states. The retail licenses are only granted to state residents. This does not prove beneficial for large companies. A major hurdle for the industry is the lack of credit. Despite legalization, credit card companies and federally regulated banks steer clear of the cannabis packaging industry.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

  • Kush Bottles
  • Laguna Blends
  • Maple Leaf Green World
  • J.L.Clark
  • KAYA CANNABIS
  • Lexaria Bioscience
  • LifeLoc Technologies
Note: Product cover images may vary from those shown
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