Cannabis in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Cannabis refers to a group of three psychoactive plants: Cannabis sativa, Cannabis indica, and Cannabis ruderalis. Our market scope includes both recreational and medicinal uses of cannabis, which are governed by regulated operations. This encompasses licensing, taxation, and strict adherence to safety standards. Market value refers to revenue generated by market players in a specific year.
- The Asia-Pacific cannabis market recorded revenues of $882.2 million in 2024, representing a compound annual growth rate (CAGR) of 25.1% between 2019 and 2024.
- The medical use segment accounted for the market's largest proportion in 2024, with total revenues of $879.8 million, equivalent to 99.7% of the market's overall value.
- The Asia-Pacific cannabis market witnessed a strong growth during 2019-24, driven by the increasing consumer acceptance of cannabis for medical and recreational use, and a rise in disposable income.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the cannabis market in Asia-Pacific
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the cannabis market in Asia-Pacific
- Leading company profiles reveal details of key cannabis market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Asia-Pacific cannabis market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Asia-Pacific cannabis market by value in 2024?
- What will be the size of the Asia-Pacific cannabis market in 2029?
- What factors are affecting the strength of competition in the Asia-Pacific cannabis market?
- How has the market performed over the last five years?
- Who are the top competitiors in Asia-Pacific's cannabis market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AusCann Group Holdings Ltd
- Tilray Brands Inc
- Cann Group Ltd
- Aurora Cannabis Inc
