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Cannabis Packaging Market Analysis By Type, By Material, By Applications, By Regions And Segment Forecasts, 2017-2026

  • ID: 5206632
  • Report
  • September 2020
  • Region: Global
  • 269 pages
  • Reports and Data

FEATURED COMPANIES

  • Cannabis Science Inc.
  • Cannaline.
  • J.L.Clark
  • JL Clark
  • KAYA CANNABIS
  • Kush Bottles
The legalization of cannabis for medical use and recreational purposes in several countries across the globe is propelling market growth.

Market Size - USD 1.75 billion in 2019, Market Growth - CAGR of 26.4%, Market Trends -Legalization of medical marijuana in several states

The Global Cannabis Packaging Market size is estimated to reach USD 6.57 billion, from USD 1.75 billion in 2019, delivering a CAGR of 26.4% through 2027, according to a recent analysis. The market growth is driven by the increasing legalization of cannabis and hemp-based CBD products across several countries, which, in turn, is bolstering the demand for cannabis packaging. With the legalization of medical marijuana on the rise, the global cannabis industry has grown over 310% in the past four years.

Currently, cannabis packing has so many formats, including plastic jars, glass, decorative tins, cartons, rigid tubes, bottles, and flexible pouches, among others. There are several other fast-growing products in the sector like shatter, wax, tinctures, and the more recent cannabis-infused wine and cannabis-dissolving mouth strips.

As per the Association for Packaging and Processing Technologies, cannabis legalization is pending in more than 13 states, while on some level, it has already been legalized in over 28 states in the United States. The rise in the number of self-funded small organizations is contributing to this exponential growth of the industry. A report by New Frontier Data, an analytics company specializing in cannabis, estimates that the cannabis market is expected to be worth USD 24.5 billion in the U.S. alone, with USD 11.2 billion generated by the recreational use of the products. In 2017, nearly 89% of customers preferred cannabis flowers, and estimates suggest that about 61% of the customers would prefer flowers, processed weed, and alternatively concentrated format by the end of 2020.

The rising trend of green packing is prompting industry players to roll out packaging for marijuana and CBD products that is biodegradable, compostable, and recyclable. Moreover, the growing focus on the adoption of specific labels and child-resistant packaging as per government regulations will support the expansion of the cannabis packaging market over the forecast period.

Further key findings from the report suggest
  • The plastic segment is estimated to reach the valuation of USD 1.22 billion in the cannabis packaging market, delivering a growth rate of 18.4% through the forecast period.
  • The film, sheet, and plastic resins together accounted for more than 69% of the materials used in the United States' flexible packaging in 2016. Flexible packaging is estimated to witness a growth rate of 1.5% over the forecast period.
  • In the regional landscape, North America is forecast to be a major contributor to the cannabis packaging market share through 2027. The U.S. is expected to witness a notable growth rate of 18% over the period on account of the extent of legalization of marijuana in the region. The consumption of cannabis for recreational purposes in Canada is estimated to be around 770000 kg annually, which accounts for USD 6.1 billion in terms of revenue. Additionally, more states are legalizing medical marijuana, which is likely to further bolster regional industry growth.
  • The Uruguay cannabis packaging market is forecast to exhibit a CAGR of 18.8% through 2027. The consumption of cannabis in the region has quadrupled from 2011 to 2016 and is estimated to grow in the coming years. The rigid packaging segment is estimated to reach 1.6 billion in Uruguay by 2027.
  • Key players operating in the global cannabis packaging market landscape are Cannabis Science Inc., Kush Bottles, Medical Marijuana Corp, Maple Leaf Green World, JL Clark, J.L.Clark, Lexaria Bioscience, Cannaline, and KAYA CANNABIS, among others.
  • On 5th March 2019, Sana Packaging, a U.S.-based startup offering compliant and sustainable packaging solutions for the cannabis industry, announced the launch of a new line of fully reclaimed ocean plastic marijuana packaging in partnership with a leading player in recycled ocean plastic, Oceanworks.
For this study, Reports and Data has segmented the Cannabis Packaging Market on the basis of packaging type, packaging material, application, and region:

Packaging Type Outlook (Revenue, USD Million; 2017-2027)
  • Rigid
  • Trays
  • Plastic Tubes
  • Others
  • Semi-Rigid
  • Box Inserts
  • Others
  • Flexible
  • Blisters
  • Clamshells
  • Shatter Containers
  • Others
Packaging Material Outlook (Revenue, USD Million; 2017-2027)
  • Plastics
  • Jars
  • Vials
  • Hinge-Top Containers
  • Boxes
  • Bags
  • Tubes
  • Tails
  • Others
  • Metals
  • Glass
  • Cardboard Containers
  • Others
Application Outlook (Revenue, USD Million; 2017-2027)
  • Medical Use
  • Recreational Use
  • Others
Regional Outlook (Revenue, USD Million; 2017-2027)
  • U.S.
  • Canada
  • Uruguay
  • Others
Reasons to Buy the Report
  • A robust analysis and estimation of the Cannabis Packaging Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
  • A holistic competitive landscape of the all the major players in the Cannabis Packaging market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
  • Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
  • Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
  • Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Cannabis Science Inc.
  • Cannaline.
  • J.L.Clark
  • JL Clark
  • KAYA CANNABIS
  • Kush Bottles
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique

Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018-2026

Chapter 3. Indicative Metrics

Chapter 4. Cannabis Packaging Market Segmentation & Impact Analysis
4.1. Cannabis Packaging Segmentation Analysis
4.2. Industrial Outlook
4.3. Regulatory Framework
4.4. Cannabis Packaging Market Impact Analysis
4.4.1. Market driver analysis
4.4.2. Market restraint analysis
4.5. Key opportunities prioritized
4.6. ETOP Analysis
4.7. Porter’s Five Forces Analysis
4.8. Competitive Metric Space Analysis
4.9. Price trend Analysis

Chapter 5. Cannabis Packaging Market By Type Insights & Trends
5.1. Type Dynamics & Market Share, 2018 & 2026
5.2. Rigid
5.2.1. Market estimates and forecast, 2016 - 2026 (USD Million)
5.2.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
5.2.3. Trays
5.2.3.1. Market estimates and forecast, 2016 - 2026 (USD Million)
5.2.3.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
5.2.4. Plastic Tubes
5.2.4.1. Market estimates and forecast, 2016 - 2026 (USD Million)
5.2.4.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
5.2.5. Others
5.2.5.1. Market estimates and forecast, 2016 - 2026 (USD Million)
5.2.5.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
5.3. Semi-Rigid
5.3.1. Market estimates and forecast, 2016 - 2026 (USD Million)
5.3.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
5.3.3. Box Inserts
5.3.3.1. Market estimates and forecast, 2016 - 2026 (USD Million)
5.3.3.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
5.3.4. Others
5.3.4.1. Market estimates and forecast, 2016 - 2026 (USD Million)
5.3.4.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
5.4. Flexible
5.4.1. Market estimates and forecast, 2016 - 2026 (USD Million)
5.4.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
5.4.3. Blisters
5.4.3.1. Market estimates and forecast, 2016 - 2026 (USD Million)
5.4.3.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
5.4.4. Clamshells
5.4.4.1. Market estimates and forecast, 2016 - 2026 (USD Million)
5.4.4.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
5.4.5. Shatter Containers
5.4.5.1. Market estimates and forecast, 2016 - 2026 (USD Million)
5.4.5.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
5.4.6. Others
5.4.6.1. Market estimates and forecast, 2016 - 2026 (USD Million)
5.4.6.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)

Chapter 6. Cannabis Packaging Market By Material Insights & Trends
6.1. Material Dynamics & Market Share, 2018 & 2026
6.2. Metals
6.2.1. Market estimates and forecast, 2016 - 2026 (USD Million)
6.2.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
6.3. Plastics
6.2.1. Market estimates and forecast, 2016 - 2026 (USD Million)
6.2.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
6.3.3. Jars
6.3.3.1. Market estimates and forecast, 2016 - 2026 (USD Million)
6.3.3.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
6.3.4. Vials
6.3.4.1. Market estimates and forecast, 2016 - 2026 (USD Million)
6.3.4.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
6.3.5. Hinge-Top Containers
6.3.5.1. Market estimates and forecast, 2016 - 2026 (USD Million)
6.3.5.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
6.3.6. Boxes
6.3.6.1. Market estimates and forecast, 2016 - 2026 (USD Million)
6.3.6.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
6.3.7. Bags
6.3.7.1. Market estimates and forecast, 2016 - 2026 (USD Million)
6.3.7.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
6.3.8. Tubes
6.3.8.1. Market estimates and forecast, 2016 - 2026 (USD Million)
6.3.8.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
6.3.9. Tails
6.3.9.1. Market estimates and forecast, 2016 - 2026 (USD Million)
6.3.9.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
6.3.10. Others
6.3.10.1. Market estimates and forecast, 2016 - 2026 (USD Million)
6.3.10.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
6.4. Glass
6.4.1. Market estimates and forecast, 2016 - 2026 (USD Million)
6.4.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
6.5. Cardboard Containers
6.5.1. Market estimates and forecast, 2016 - 2026 (USD Million)
6.5.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
6.6. Others
6.6.1. Market estimates and forecast, 2016 - 2026 (USD Million)
6.6.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)

Chapter 7. Cannabis Packaging Market By Applications Insights & Trends
7.1. Applications Dynamics & Market Share, 2018 & 2026
7.2. Medical Use
7.2.1. Market estimates and forecast, 2016 - 2026 (USD Million)
7.2.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
7.3. Recreational Use
7.3.1. Market estimates and forecast, 2016 - 2026 (USD Million)
7.3.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
7.4. Others
7.4.1. Market estimates and forecast, 2016 - 2026 (USD Million)
7.4.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)

Chapter 8. Cannabis Packaging Market Regional Outlook
8.1. Cannabis Packaging Market share by region, 2018 & 2026
8.2. North America
8.2.1. North America Cannabis Packaging Market estimates and forecast, 2016 - 2026, (USD Million)
8.2.2. North America Cannabis Packaging Market estimates and forecast By Type, 2016 -2026, (USD Million)
8.2.3. North America Cannabis Packaging Market estimates and forecast By Material, 2016 -2026, (USD Million)
8.2.4. North America Cannabis Packaging Market estimates and forecast by Application, 2016 -2026, (USD Million)
8.2.5. U.S.
8.2.5.1. U.S. Cannabis Packaging Market estimates and forecast, 2016 - 2026, (USD Million)
8.2.5.2. U.S. Cannabis Packaging Market estimates and forecast By Type, 2016 -2026, (USD Million)
8.2.5.3. U.S. Cannabis Packaging Market estimates and forecast By Material, 2016 -2026, (USD Million)
8.2.5.4. U.S. Cannabis Packaging Market estimates and forecast by Application, 2016 -2026, (USD Million)
8.3. Latin America
8.3.1. Latin America Cannabis Packaging Market estimates and forecast, 2016 - 2026, (USD Million)
8.3.2. Latin America Cannabis Packaging Market estimates and forecast By Type, 2016 -2026, (USD Million)
8.3.3. Latin America Cannabis Packaging Market estimates and forecast By Material, 2016 -2026, (USD Million)
8.3.4. Latin America Cannabis Packaging Market estimates and forecast by Application, 2016 -2026, (USD Million)
8.3.5. Uruguay
8.3.5.1. Uruguay Cannabis Packaging Market estimates and forecast, 2016 - 2026, (USD Million)
8.3.5.2. Uruguay Cannabis Packaging Market estimates and forecast By Type, 2016 -2026, (USD Million)
8.3.5.3. Uruguay Cannabis Packaging Market estimates and forecast By Material, 2016 -2026, (USD Million)
8.3.5.4. Uruguay Cannabis Packaging Market estimates and forecast by Application, 2016 -2026, (USD Million)

Chapter 9. Competitive Landscape
9.1. Market Revenue Share by Manufacturers
9.2. Manufacturing Cost Breakdown Analysis
9.3. Mergers & Acquisitions
9.4. Market positioning
9.5. Strategy Benchmarking
9.6. Vendor Landscape

Chapter 10. Company Profiles
10.1. Kush Bottles
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. Type Insights
10.1.4. Strategic Initiatives
10.2. Cannabis Science Inc.
10.2.1. Company Overview
10.2.2. Financial Performance
10.2.3. Type Insights
10.2.4. Strategic Initiatives
10.3. Medical Marijuana Corp
10.3.1. Company Overview
10.3.2. Financial Performance
10.3.3. Type Insights
10.3.4. Strategic Initiatives
10.4. JL Clark
10.4.1. Company Overview
10.4.2. Financial Performance
10.4.3. Type Insights
10.4.4. Strategic Initiatives
10.5. Maple Leaf Green World
10.5.1. Company Overview
10.5.2. Financial Performance
10.5.3. Type Insights
10.5.4. Strategic Initiatives
10.6. J.L.Clark
10.6.1. Company Overview
10.6.2. Financial Performance
10.6.3. Type Insights
10.6.4. Strategic Initiatives
10.7. KAYA CANNABIS
10.7.1. Company Overview
10.7.2. Financial Performance
10.7.3. Type Insights
10.7.4. Strategic Initiatives
10.8. Lexaria Bioscience
10.8.1. Company Overview
10.8.2. Financial Performance
10.8.3. Type Insights
10.8.4. Strategic Initiatives
10.9. Cannaline
10.9.1. Company Overview
10.9.2. Financial Performance
10.9.3. Type Insights
10.9.4. Strategic Initiatives
Note: Product cover images may vary from those shown
  • Kush Bottles
  • Cannabis Science Inc.
  • Medical Marijuana Corp
  • JL Clark
  • Maple Leaf Green World
  • J.L.Clark
  • KAYA CANNABIS
  • Lexaria Bioscience
  • Cannaline.
Note: Product cover images may vary from those shown
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