Cannabis Packaging Market, By Material Type, By Packaging Type, By Application, By Geography

Description

Global cannabis packaging market is expected to reach US$ 13.17 billion by 2030, from US$ 2.64 billion in 2023, at a CAGR of 25.8% during the forecast period.

Report Coverage		Report Details
Base Year:	2022	Market Size in 2023:	US$ 2.64 Bn
Historical Data for:	2018 to 2021	Forecast Period:	2023 - 2030
Forecast Period 2023 to 2030 CAGR:	25.80%	2030 Value Projection:	US$ 13.17 Bn

Figure 1. Global Cannabis Packaging Market Share (%), By Region, 2023

Cannabis, also known as marijuana, is gaining widespread recognition as a versatile natural remedy for various ailments. Due to growing acceptance and legalization of cannabis in several countries, the demand for cannabis products has increased. However, in any consumer product, effective packaging plays a crucial role in ensuring the safety, quality, and appeal of cannabis products. Global cannabis packaging market has evolved significantly to cater to the unique requirements of this industry.

Market Dynamics:

Global cannabis packaging market growth is driven by various factors like increasing legalization of cannabis for medical and recreational use boosts demand for cannabis packaging. As more countries and states legalize the use of cannabis, the market is expected to witness significant growth. The emerging trend of using cannabis for various wellness applications and increasing number of cannabis-based products boosts demand for innovative and sustainable packaging solutions.

There are some restraints affecting the market growth. One of the key challenges faced by the cannabis packaging industry is the lack of standardized regulations. As each region and country has its own set of regulations regarding cannabis packaging, manufacturers need to ensure compliance with a complex web of rules and guidelines. Moreover, the stigma associated with cannabis continues to pose challenges for the market, as it affects consumer perceptions and limits the wider adoption of cannabis products.

Despite these challenges, the global cannabis packaging market presents significant opportunities for growth. As the industry matures and regulations become more standardized, there is an increasing need for specialized packaging solutions that ensure product safety, child resistance, and proper dosage control. Moreover, growing demand for sustainable packaging options presents an opportunity for manufacturers to develop eco-friendly solutions that align with consumers' increasing preference for environmentally responsible products.

Key features of the study:

The report provides in-depth analysis of Global cannabis market, including market size (US$ Bn) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), with 2022 as the base year.
The study delves into the potential revenue opportunities and provides attractive investment proposition matrices for the market
The report highlights the key drivers, restraints, and opportunities influencing the cannabis packaging market. It also explores market trends, new product launches or approvals, regional outlook, and the competitive strategies adopted by key players
The study profiles key players in the global cannabis packaging market, providing insights into their company highlights, product portfolio, financial performance, and strategies
The report covers prominent companies in the global cannabis packaging market including Kush Supply Co., J.L.Clark, KAYA Packaging, Impak Corporation, Pollen Gear, Maple Leaf Green World, Lexaria Bioscience, Cannaline Cannabis Packaging Solutions, Green Rush Packaging, Berry Global, Pacific Packaging, Sun Grown Packaging, Sana Packaging, SKS Bottle & Packaging, SWAGPLUG, HLP Klearfold, N2 Packaging Systems, Dymapak, and Funksac.
The insights from this study would enable marketers and management authorities to make informed decisions regarding product launches, market expansion, and marketing tactics. It caters to various stakeholders in the industry, including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts.
Stakeholders can benefit from the strategy matrices used in analyzing the cannabis packaging market, which would facilitate decision-making processes

Detailed Segmentation

By Material Type
- Plastics
- Paper
- Glass
- Metal
- Cardboard
- Others (Foils, Hemp Plastic)
By Packaging Type
- Rigid Packaging
- Flexible Packaging
- Semi-rigid Packaging
- Others (Cans, Boxes)
By Application
- Food
- Beverages
- Pharmaceuticals
- Cosmetics
- Others (Automotive, Electronics)
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Top companies in Global Cannabis Packaging Market:
- Kush Supply Co.
- L.Clark
- KAYA Packaging
- Impak Corporation
- Pollen Gear
- Maple Leaf Green World
- Lexaria Bioscience
- Cannaline Cannabis Packaging Solutions
- Green Rush Packaging
- Berry Global
- Pacific Packaging
- Sun Grown Packaging
- Sana Packaging
- SKS Bottle & Packaging
- SWAGPLUG
- HLP Klearfold
- N2 Packaging Systems
- Dymapak
- Funksac

Product Code: CMI6383

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Material Type
- Market Snippet, By Packaging Type
- Market Snippet, By Application
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
Increasing legalization of cannabis for medical products
- Restraints
The lack of standardized regulations
- Opportunities
Growing demand for sustainable packaging options
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Global Cannabis Packaging Market - Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Global Cannabis Packaging Market, By Material Type, 2019-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
Plastics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Paper
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Glass
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Metal
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Cardboard
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Others (Foils, Hemp Plastic)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)

6. Global Cannabis Packaging Market, By Packaging Type, 2023-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019- 2030
- Segment Trends
Rigid Packaging
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Flexible Packaging
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Semi-rigid Packaging
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Others (Cans, Boxes)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)

7. Global Cannabis Packaging Market, By Application, 2023-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019- 2030
- Segment Trends
Food
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Beverages
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Pharmaceuticals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Cosmetics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)

8. Global Cannabis Packaging Market, By Region, 2023-2030, (US$ Bn)

Introduction
- Market Share Analysis, By Region, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Region, 2019-2030
- Country Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2023-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Packaging Type, 2023-2030 ,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030, (US$ Bn)
U.S.
Canada
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2023-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Packaging Type, 2023-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030, (US$ Bn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2023-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Packaging Type, 2023-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030, (US$ Bn)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2023-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Packaging Type, 2023-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030, (US$ Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2023-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Packaging Type, 2023-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030, (US$ Bn)
GCC Countries
Israel
South Africa
North Africa
Central Africa
Rest of Middle East

9. Competitive Landscape

Kush Supply Co.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
L.Clark
KAYA Packaging
Impak Corporation
Pollen Gear
Maple Leaf Green World
Lexaria Bioscience
Cannaline Cannabis Packaging Solutions
Green Rush Packaging
Berry Global
Pacific Packaging
Sun Grown Packaging
Sana Packaging
SKS Bottle & Packaging
SWAGPLUG
HLP Klearfold
N2 Packaging Systems
Dymapak
Funksac
Analyst Views

10. Section

Research Methodology
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