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2021 Cannabis Market Outlook and Opportunities in the Post Covid Recovery - What's Next for Companies, Demand, Cannabis Market Size, Strategies, and Countries to 2028

  • ID: 5388463
  • Report
  • July 2021
  • Region: Global
  • 110 pages
  • VPA Research
UP TO OFF
until Oct 31st 2021
The Cannabis market size is forecast to increase at a Compounded Annual Growth Rate (CAGR) of 24% over the forecast period from 2021 to 2028. The market report analyses Cannabis companies, market size outlook across types, applications, countries along with competitive strategies, Cannabis trends, drivers, opportunities and market developments. The base year for the Cannabis study is 2020.

The global Cannabis market is poised to register optimistic growth rates throughout 2021 and 2022 as positive momentum builds in the world economy, though some differences remain among geographies. The pace of change will accelerate in the Cannabis industry and companies quickly re-aligning their strategies will emerge stronger from the unprecedented changes. However, the COVID-19 pandemic remains a major threat for most Cannabis market outlook in addition to concerns of inflation, supply-chain disruptions, and weak consumer demand.

Global Cannabis Market- Post COVID-19 Recovery Scenarios and Impact Analysis


The COVID-19 pandemic had a significant impact on the regional and country-level Cannabis markets worldwide. The report presents three outlook scenarios for the global Cannabis market size for 2021 and 2022.
  • Low Growth: Economic recovery will be slow, supply-chain disruptions continue to pose challenges, and consumer demand remains weak.
  • Medium Growth: Economic recovery will be fast, supply-chain disruptions continue, and consumer demand recovers moderately.
  • High Growth: Rapid economic recovery, supply-chain disruptions handled, and consumer demand will be strong
The outlook for economic progress across most countries is optimistic for 2021. Assuming localized recurrences of the Coronavirus, economic growth accelerates in the second half of 2021, and consumption returning to pre-pandemic levels in 2021, Chinese real GDP growth is estimated at 7.9% and 8.4% in 2021 and 2022 respectively. Similarly, the US is likely to register 4% growth in 2021 and 3% in 2022 while the European real GDP growth is estimated at 2.7% for 2021 and 5.1% for 2022.

Cannabis Market Driving Factors, Restraints, and Opportunities


The global Cannabis market has significant market potential and offers diverse opportunities across countries. Strategic and financial investors are racing to capture the strong potential in the industry. In this report, we examine the main Cannabis trends that will likely influence the future of Cannabis markets. The Cannabis report also identifies promising investment opportunities and offers a view of how players might successfully pursue them. The pandemic led to a widening divide between rural and urban communities, and companies must overcome challenges in the Cannabis industry. Acting with determination and speed is one of the critical success factors in the near to medium future. Detailed analyses of challenges faced by Cannabis companies operating in the market are included in the report.

Cannabis Market Segmentation Analysis and Outlook


The report scope encompasses major Cannabis types and major Cannabis applications worldwide and presents a detailed analysis and outlook of each specific Cannabis type and application. Forecasts of individual types and applications are provided at the global level and also analyzed for North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In each region, the largest and fastest-growing market types and applications are analyzed. The base year is 2020 and the forecast period is from 2021 to 2028 for all segments.

Geographic Analysis: Asia Pacific countries are among the fastest-growing markets globally


We hold an optimistic outlook for both the consumption and market size outlook for Asia Pacific countries. With most countries in the Asia Pacific witnessing their currencies appreciate against the US dollar over 2021, the short-term outlook remains robust across markets. Further, over the long run, driven by attractive demographics profile in the Asia Pacific and an increasing number of middle-to-upper income households, countries in the Asia Pacific Cannabis market will register a strong growth outlook throughout the forecast period. Consumers are also quickly re-prioritizing their spending away from essentials, which will support the Cannabis market growth in the Asia Pacific.

In addition to the Asia Pacific, the report also analyzes the short-term and long-term outlook of North America Cannabis market, Europe Cannabis market, Latin America Cannabis market, Middle East, and Africa Cannabis markets. Countries covered in the scope of the Cannabis study include United States, Canada, Mexico, Brazil, Argentina, Germany, United Kingdom, France, Spain, Italy, China, India, Japan, South Korea, Middle East, Africa, and others.

Competitive Landscape: Cannabis Market Companies


The global Cannabis market is facing intense competitive conditions as more companies continue to target specific customer bases. The recovery from the pandemic is not uniquely spread across geographies and accordingly, most companies are opting for focused strategies to localized market conditions since the start of the pandemic. For instance, the majority of European consumers continue to emphasize seeking brands with strong purpose and good values while there has been a fundamental shift from essential goods in some Asia Pacific markets. The report analyses five leading Cannabis companies including their business operations, SWOT Analysis, and financial profile.

Scope of the Cannabis Study

  • Historic and Forecast period considered for the study is from 2018 to 2028
  • Base Year for the study is 2020, while the forecast period is from 2021 to 2028
  • The Cannabis market size is presented in value terms, in US Dollars
  • Strategic Analysis Review including Trends, Drivers, Restraints, Key competitive strategies, and porter's five forces analysis
  • Segments covered include types, applications, and countries/regions
  • Cannabis Countries covered include US, Canada, Mexico, China, India, Japan, South Korea, Germany, United Kingdom, France, Spain, Italy, Brazil, Argentina, Other Asia/Oceania, Other Europe, Other Latin America, Middle East, Africa, and others
  • Cannabis Companies including five key players in the industry and their business overview, SWOT, and financial profiles are detailed.

Reasons to Buy

  • The report assists in finding the right investment opportunity through a deep understanding of specific segments, and geographies
  • Gain reliable current market information and long term market outlooks
  • Data accessible in excel formats to support your organization with strategic analysis and economic modeling
  • Improve your planning and forecasting by understanding potential opportunities, market trends, and restraints
  • Stay ahead of the curve with market intelligence on 15 countries and five companies worldwide

Key questions answered

  • What are the possible scenarios of Cannabis market growth outlook in the post-pandemic period?
  • Who are the major end-user industries of Cannabis?
  • The impact of buyer and supplier bargaining power, the threat of new players and substitutes, and competitive rivalry?
  • Which countries will gain market size in the medium to long term future?
  • What are the promising trends and drivers of Cannabis markets?
  • Who are the leading players and how is the competition?
Note: Product cover images may vary from those shown
1. INTRODUCTION TO CANNABIS MARKET
1.1 Executive Summary
1.2 Cannabis Market Size Outlook, US$ Million, 2020-2028
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Study Objectives
1.4.2 Market Scope and Assumptions
1.5 Abbreviations

2. OVERVIEW OF CANNABIS MARKET
2.1 Current market information, 2021
2.2 Major Companies in Cannabis Industry
2.3 Cannabis Market Drivers
2.4 Cannabis Market Restraints
2.5 Cannabis Market Opportunities
2.6 Five Forces Analysis

3. BEYOND THE PANDEMIC: CANNABIS MARKET OUTLOOK SCENARIOS
3.1 Low Growth: Economic recovery will be slow, supply-chain disruptions continue to pose challenges and consumer demand remains weak
3.2 Medium Growth: Economic recovery will be fast, supply-chain disruptions continue and consumer demand recovers moderately
3.3 High Growth: Rapid economic recovery, supply-chain disruptions handled and consumer demand will be strong

4. MACROECONOMIC AND DEMOGRAPHIC OUTLOOK
4.1 Global Economic Analysis and Outlook, 2020-2030
4.2 Demographic Profiles of Select Countries, 2020-2030

5. CANNABIS MARKET OUTLOOK, BY TYPE
5.1 Current Market Information
5.2 Dominant Cannabis Market Types in 2021
5.3 Types with Fastest Growth Potential between 2021 and 2028

6. CANNABIS MARKET OUTLOOK, BY APPLICATION
6.1 Current Market Information
6.2 Dominant Cannabis Market Applications in 2021
6.3 Applications with Fastest Growth Potential between 2021 and 2028

7. NORTH AMERICA CANNABIS MARKET SIZE ANALYSIS AND FORECASTS
7.1 Key facts about the North America Cannabis Markets
7.2 North America Cannabis Trends and Opportunities
7.3 Long-term Market Outlooks: North America Cannabis Market by Type
7.4 Long-term Market Outlooks: North America Cannabis Market by Application
7.5 Long-term Market Outlooks: North America Cannabis Market by Country
7.6 United States Cannabis Market Size Outlook, US$ Million, 2020-2028
7.7 Canada Cannabis Market Size Outlook, US$ Million, 2020-2028
7.8 Mexico Cannabis Market Size Outlook, US$ Million, 2020-2028

8. EUROPE CANNABIS MARKET SIZE ANALYSIS AND FORECASTS
8.1 Key facts about the Europe Cannabis Markets
8.2 Europe Cannabis Trends and Opportunities
8.3 Long-term Market Outlooks: Europe Cannabis Market by Type
8.4 Long-term Market Outlooks: Europe Cannabis Market by Application
8.5 Long-term Market Outlooks: Europe Cannabis Market by Country
8.6 Germany States Cannabis Market Size Outlook, US$ Million, 2020-2028
8.7 France Cannabis Market Size Outlook, US$ Million, 2020-2028
8.8 United Kingdom Cannabis Market Size Outlook, US$ Million, 2020-2028
8.9 Spain Cannabis Market Size Outlook, US$ Million, 2020-2028
8.10 Italy Cannabis Market Size Outlook, US$ Million, 2020-2028
8.11 Other Europe Cannabis Market Size Outlook, US$ Million, 2020-2028

9. ASIA PACIFIC CANNABIS MARKET SIZE ANALYSIS AND FORECASTS
9.1 Key facts about the Asia Pacific Cannabis Markets
9.2 Asia Pacific Cannabis Trends and Opportunities
9.3 Long-term Market Outlooks: Asia Pacific Cannabis Market by Type
9.4 Long-term Market Outlooks: Asia Pacific Cannabis Market by Application
9.5 Long-term Market Outlooks: Asia Pacific Cannabis Market by Country
9.6 China Cannabis Market Size Outlook, US$ Million, 2020-2028
9.7 India Cannabis Market Size Outlook, US$ Million, 2020-2028
9.8 Japan Cannabis Market Size Outlook, US$ Million, 2020-2028
9.9 Japan Cannabis Market Size Outlook, US$ Million, 2020-2028
9.10 South Korea Cannabis Market Size Outlook, US$ Million, 2020-2028
9.11 Other Asia Pacific Cannabis Market Size Outlook, US$ Million, 2020-2028

10. LATIN AMERICA CANNABIS MARKET SIZE ANALYSIS AND FORECASTS
10.1 Key facts about the Latin America Cannabis Markets
10.2 Latin America Cannabis Trends and Opportunities
10.3 Long-term Market Outlooks: Latin America Cannabis Market by Type
10.4 Long-term Market Outlooks: Latin America Cannabis Market by Application
10.5 Long-term Market Outlooks: Latin America Cannabis Market by Country
10.6 Brazil Cannabis Market Size Outlook, US$ Million, 2020-2028
10.7 Argentina Cannabis Market Size Outlook, US$ Million, 2020-2028
10.8 Other Latin America Cannabis Market Size Outlook, US$ Million, 2020-2028

11. MIDDLE EAST AND AFRICA CANNABIS MARKET SIZE ANALYSIS AND FORECASTS
11.1 Key facts about the Middle East and Africa America Cannabis Markets
11.2 Middle East and Africa Cannabis Trends and Opportunities
11.3 Long-term Market Outlooks: Middle East and Africa Cannabis Market by Type
11.4 Long-term Market Outlooks: Middle East and Africa Cannabis Market by Application
11.5 Long-term Market Outlooks: Middle East and Africa Cannabis Market by Country
11.6 Middle East Cannabis Market Size Outlook, US$ Million, 2020-2028
11.7 Africa Cannabis Market Size Outlook, US$ Million, 2020-2028

12. GLOBAL Cannabis MARKETS-COMPETITIVE LANDSCAPE
12.1 Key Five Players Operating in the Cannabis Industry
12.2 Business Operations
12.3 SWOT Analysis
12.4 Financial Profiles

13. APPENDIX
13.1 About VPA Research
13.2 Sources and Research Methodology
13.3 Copyright and Disclaimer
Note: Product cover images may vary from those shown
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