FEATURED COMPANIES
- Cannabis Science Inc.
- Cannaline. Cannaline
- J.L.Clark
- KAYA CANNABIS
- Kush Bottles
- Lexaria Bioscience
Growing demand for consumption of recreational and medical cannabis, and increasing number of countries legalizing cannabis products in various developed and developing countries are key factors driving market revenue growth.
Market Size - USD 2.20 Billion in 2020, Market Growth - CAGR of 26.4%, Market Trends - Rising trend of using green, recyclable, bio-degradable, and compostable cannabis packaging materials, and offering customized packaging and designs by major players.
The global cannabis packaging market size is expected to reach USD 14.34 Billion in 2028, and register a CAGR of 26.4% during the forecast period. Increasing demand for cannabis and related products in the medical sector for treating muscle spasm, pain, nausea, seizure disorder, and weight loss, among others, rising need for packaging of these products in jars, bottles, tubes, bags and pouches, and metal tins, etc., are some of the major factors expected to drive growth of the global cannabis packaging market.
Packaging for cannabis-infused products need to be according to the stringent regulations enforced by regulatory bodies of various countries across the globe. Thus, packaging of these products need to be given importance by manufacturers. This is another major factor boosting demand for cannabis packaging, thereby driving market growth to a significant extent. According to certain basic rules, packaging of cannabis products should be tamper-evident, re-sealable, child-resistant, as well as opaque, especially for edible cannabis items.
Some Key Findings From the Report:
For the purpose of this report, the global cannabis packaging market is segmented on the basis of packaging type, packaging material, application, and region:
Packaging Type Outlook (Revenue, USD Billion; 2018 - 2028)
Packaging Material Outlook (Revenue, USD Billion; 2018 - 2028)
Application Outlook (Revenue, USD Billion; 2018 - 2028)
Region Outlook (Revenue, USD Billion; 2018 - 2028)
Reasons to Buy the Report
Market Size - USD 2.20 Billion in 2020, Market Growth - CAGR of 26.4%, Market Trends - Rising trend of using green, recyclable, bio-degradable, and compostable cannabis packaging materials, and offering customized packaging and designs by major players.
The global cannabis packaging market size is expected to reach USD 14.34 Billion in 2028, and register a CAGR of 26.4% during the forecast period. Increasing demand for cannabis and related products in the medical sector for treating muscle spasm, pain, nausea, seizure disorder, and weight loss, among others, rising need for packaging of these products in jars, bottles, tubes, bags and pouches, and metal tins, etc., are some of the major factors expected to drive growth of the global cannabis packaging market.
Packaging for cannabis-infused products need to be according to the stringent regulations enforced by regulatory bodies of various countries across the globe. Thus, packaging of these products need to be given importance by manufacturers. This is another major factor boosting demand for cannabis packaging, thereby driving market growth to a significant extent. According to certain basic rules, packaging of cannabis products should be tamper-evident, re-sealable, child-resistant, as well as opaque, especially for edible cannabis items.
Some Key Findings From the Report:
- Among the type segments, the rigid segment accounted for the largest revenue share of 41.0% in 2020.
- North America market accounted for significantly high revenue share in 2020, followed by Europe market.
- In 2020, the Asia Pacific market size was USD 324.7 Million, due to rising awareness regarding medicinal benefits of cannabis and cannabis-infused products among healthcare professionals in countries in the region.
- Key players profiled in the report include Kush Bottles, Cannabis Science Inc., Medical Marijuana Corp, Maple Leaf Green World, J.L.Clark, KAYA CANNABIS, Lexaria Bioscience, and Cannaline. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.
For the purpose of this report, the global cannabis packaging market is segmented on the basis of packaging type, packaging material, application, and region:
Packaging Type Outlook (Revenue, USD Billion; 2018 - 2028)
- Rigid
- Trays
- Plastic Tubes
- Others
- Semi-Rigid
- Box Inserts
- Others
- Flexible
- Blisters
- Clamshells
- Shatter Containers
- Others
Packaging Material Outlook (Revenue, USD Billion; 2018 - 2028)
- Plastics
- Jars
- Vials
- Hinge-Top Containers
- Boxes
- Bags
- Tubes
- Tails
- Others
- Metals
- Glass
- Cardboard Containers
- Others
Application Outlook (Revenue, USD Billion; 2018 - 2028)
- Medical Use
- Recreational Use
- Others
Region Outlook (Revenue, USD Billion; 2018 - 2028)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
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. Cannaline
- J.L.Clark
- KAYA CANNABIS
- Kush Bottles
- Lexaria Bioscience
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 4. Cannabis Packaging Market Segmentation & Impact Analysis
Chapter 5. Cannabis Packaging Market By Type Insights & Trends
Chapter 6. Cannabis Packaging Market By Material Insights & Trends
Chapter 7. Cannabis Packaging Market By Applications Insights & Trends
Chapter 8. Cannabis Packaging Market Regional Outlook
Chapter 9. Competitive Landscape
Chapter 10. Company Profiles
Note: Product cover images may vary from those shown
- Kush Bottles
- Cannabis Science Inc.
- Medical Marijuana Corp
- Maple Leaf Green World
- J.L.Clark
- KAYA CANNABIS
- Lexaria Bioscience
- Cannaline. Cannaline
Note: Product cover images may vary from those shown
