Cannabis Packaging Market in North America 2023-2027

Description

List of Tables

The cannabis packaging market in North America is forecasted to grow by USD 2673.37 mn during 2022-2027, accelerating at a CAGR of 25.96% during the forecast period. The report on the cannabis packaging market in North America provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by legalization of cannabis in North America, increasing popularity of cbd products, and branding and differentiation strategies of market vendors.

Technavio's cannabis packaging market in North America is segmented as below:

Market Scope
Base Year	2022
End Year	2027
Series Year	2023-2027
Growth Momentum	Accelerate
YOY 2023	25.33%
CAGR	25.96%
Incremental Value	$2673.37mn

By Material

Glass
Metal
Plastics
Cardboard containers

By Type

Rigid packaging
Flexible packaging

This study identifies the rising use of sustainable and eco-friendly packaging as one of the prime reasons driving the cannabis packaging market in North America growth during the next few years. Also, customization and branding in cannabis packaging and integration of advanced technology in cannabis packaging will lead to sizable demand in the market.

The report on the cannabis packaging market in North America covers the following areas:

Cannabis packaging market in North America sizing
Cannabis packaging market in North America forecast
Cannabis packaging market in North America industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cannabis packaging market in North America vendors that include Berry Global Inc., Cannabis Promotions, Cannaline, CannaPack Solutions Inc., Diamond Packaging, Dymapak Quark Distribution Inc., Elevate Packaging Inc., Green Rush Packaging, Greenlane Holdings Inc., Grow Cargo, KacePack, Kaya Packaging, Kynd Packaging LLC, MMC Depot, N2 Packaging Systems LLC, Parker Hannifin Corp., Sana Packaging, Smokus Focus, Stink Sack, and IMPAK Corp.. Also, the cannabis packaging market in North America analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR76435

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary €" Chart on Market Overview
Exhibit 02: Executive Summary €" Data Table on Market Overview
Exhibit 03: Executive Summary €" Chart on Country Market Characteristics
Exhibit 04: Executive Summary €" Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary €" Chart on Market Segmentation by Material
Exhibit 06: Executive Summary €" Chart on Market Segmentation by Type
Exhibit 07: Executive Summary €" Chart on Incremental Growth
Exhibit 08: Executive Summary €" Data Table on Incremental Growth
Exhibit 09: Executive Summary €" Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Regional - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on North America: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Regional - Market size and forecast 2022-2027 ($ million)

4 Historic Market Size

4.1 Cannabis packaging market in North America 2017 - 2021
Exhibit 18: Historic Market Size €" Data Table on cannabis packaging market in north America 2017 - 2021 ($ million)
4.2 Material Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size €" Material Segment 2017 - 2021 ($ million)
4.3 Type Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size €" Type Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size €" Geography Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 22: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 23: Chart on Bargaining power of buyers €" Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 24: Bargaining power of suppliers €" Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 25: Threat of new entrants €" Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 26: Threat of substitutes €" Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 27: Threat of rivalry €" Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 28: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Material

6.1 Market segments
Exhibit 29: Chart on Material - Market share 2022-2027 (%)
Exhibit 30: Data Table on Material - Market share 2022-2027 (%)
6.2 Comparison by Material
Exhibit 31: Chart on Comparison by Material
Exhibit 32: Data Table on Comparison by Material
6.3 Glass - Market size and forecast 2022-2027
Exhibit 33: Chart on Glass - Market size and forecast 2022-2027 ($ million)
Exhibit 34: Data Table on Glass - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Chart on Glass - Year-over-year growth 2022-2027 (%)
Exhibit 36: Data Table on Glass - Year-over-year growth 2022-2027 (%)
6.4 Metal - Market size and forecast 2022-2027
Exhibit 37: Chart on Metal - Market size and forecast 2022-2027 ($ million)
Exhibit 38: Data Table on Metal - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Chart on Metal - Year-over-year growth 2022-2027 (%)
Exhibit 40: Data Table on Metal - Year-over-year growth 2022-2027 (%)
6.5 Plastics - Market size and forecast 2022-2027
Exhibit 41: Chart on Plastics - Market size and forecast 2022-2027 ($ million)
Exhibit 42: Data Table on Plastics - Market size and forecast 2022-2027 ($ million)
Exhibit 43: Chart on Plastics - Year-over-year growth 2022-2027 (%)
Exhibit 44: Data Table on Plastics - Year-over-year growth 2022-2027 (%)
6.6 Cardboard containers - Market size and forecast 2022-2027
Exhibit 45: Chart on Cardboard containers - Market size and forecast 2022-2027 ($ million)
Exhibit 46: Data Table on Cardboard containers - Market size and forecast 2022-2027 ($ million)
Exhibit 47: Chart on Cardboard containers - Year-over-year growth 2022-2027 (%)
Exhibit 48: Data Table on Cardboard containers - Year-over-year growth 2022-2027 (%)
6.7 Market opportunity by Material
Exhibit 49: Market opportunity by Material ($ million)
Exhibit 50: Data Table on Market opportunity by Material ($ million)

7 Market Segmentation by Type

7.1 Market segments
Exhibit 51: Chart on Type - Market share 2022-2027 (%)
Exhibit 52: Data Table on Type - Market share 2022-2027 (%)
7.2 Comparison by Type
Exhibit 53: Chart on Comparison by Type
Exhibit 54: Data Table on Comparison by Type
7.3 Rigid packaging - Market size and forecast 2022-2027
Exhibit 55: Chart on Rigid packaging - Market size and forecast 2022-2027 ($ million)
Exhibit 56: Data Table on Rigid packaging - Market size and forecast 2022-2027 ($ million)
Exhibit 57: Chart on Rigid packaging - Year-over-year growth 2022-2027 (%)
Exhibit 58: Data Table on Rigid packaging - Year-over-year growth 2022-2027 (%)
7.4 Flexible packaging - Market size and forecast 2022-2027
Exhibit 59: Chart on Flexible packaging - Market size and forecast 2022-2027 ($ million)
Exhibit 60: Data Table on Flexible packaging - Market size and forecast 2022-2027 ($ million)
Exhibit 61: Chart on Flexible packaging - Year-over-year growth 2022-2027 (%)
Exhibit 62: Data Table on Flexible packaging - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Type
Exhibit 63: Market opportunity by Type ($ million)
Exhibit 64: Data Table on Market opportunity by Type ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 65: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 66: Chart on Market share By Geographical Landscape - 2022-2027 (%)
Exhibit 67: Data Table on Market share By Geographical Landscape - 2022-2027 (%)
9.2 Geographic comparison
Exhibit 68: Chart on Geographic comparison
Exhibit 69: Data Table on Geographic comparison
9.3 US - Market size and forecast 2022-2027
Exhibit 70: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 71: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 72: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 73: Data Table on US - Year-over-year growth 2022-2027 (%)
9.4 Canada - Market size and forecast 2022-2027
Exhibit 74: Chart on Canada - Market size and forecast 2022-2027 ($ million)
Exhibit 75: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
Exhibit 76: Chart on Canada - Year-over-year growth 2022-2027 (%)
Exhibit 77: Data Table on Canada - Year-over-year growth 2022-2027 (%)
9.5 Mexico - Market size and forecast 2022-2027
Exhibit 78: Chart on Mexico - Market size and forecast 2022-2027 ($ million)
Exhibit 79: Data Table on Mexico - Market size and forecast 2022-2027 ($ million)
Exhibit 80: Chart on Mexico - Year-over-year growth 2022-2027 (%)
Exhibit 81: Data Table on Mexico - Year-over-year growth 2022-2027 (%)
9.6 Market opportunity By Geographical Landscape
Exhibit 82: Market opportunity By Geographical Landscape ($ million)
Exhibit 83: Data Table on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 84: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 85: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 86: Overview on factors of disruption
11.4 Industry risks
Exhibit 87: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 88: Vendors covered
12.2 Market positioning of vendors
Exhibit 89: Matrix on vendor position and classification
12.3 Berry Global Inc.
Exhibit 90: Berry Global Inc. - Overview
Exhibit 91: Berry Global Inc. - Business segments
Exhibit 92: Berry Global Inc. - Key news
Exhibit 93: Berry Global Inc. - Key offerings
Exhibit 94: Berry Global Inc. - Segment focus
12.4 Cannaline
Exhibit 95: Cannaline - Overview
Exhibit 96: Cannaline - Product / Service
Exhibit 97: Cannaline - Key offerings
12.5 Diamond Packaging
Exhibit 98: Diamond Packaging - Overview
Exhibit 99: Diamond Packaging - Product / Service
Exhibit 100: Diamond Packaging - Key offerings
12.6 Dymapak Quark Distribution Inc.
Exhibit 101: Dymapak Quark Distribution Inc. - Overview
Exhibit 102: Dymapak Quark Distribution Inc. - Product / Service
Exhibit 103: Dymapak Quark Distribution Inc. - Key offerings
12.7 Elevate Packaging Inc.
Exhibit 104: Elevate Packaging Inc. - Overview
Exhibit 105: Elevate Packaging Inc. - Product / Service
Exhibit 106: Elevate Packaging Inc. - Key offerings
12.8 Green Rush Packaging
Exhibit 107: Green Rush Packaging - Overview
Exhibit 108: Green Rush Packaging - Product / Service
Exhibit 109: Green Rush Packaging - Key offerings
12.9 Greenlane Holdings Inc.
Exhibit 110: Greenlane Holdings Inc. - Overview
Exhibit 111: Greenlane Holdings Inc. - Business segments
Exhibit 112: Greenlane Holdings Inc. - Key offerings
Exhibit 113: Greenlane Holdings Inc. - Segment focus
12.10 Grow Cargo
Exhibit 114: Grow Cargo - Overview
Exhibit 115: Grow Cargo - Product / Service
Exhibit 116: Grow Cargo - Key offerings
12.11 IMPAK Corp.
Exhibit 117: IMPAK Corp. - Overview
Exhibit 118: IMPAK Corp. - Product / Service
Exhibit 119: IMPAK Corp. - Key offerings
12.12 KacePack
Exhibit 120: KacePack - Overview
Exhibit 121: KacePack - Product / Service
Exhibit 122: KacePack - Key offerings
12.13 Kaya Packaging
Exhibit 123: Kaya Packaging - Overview
Exhibit 124: Kaya Packaging - Product / Service
Exhibit 125: Kaya Packaging - Key offerings
12.14 MMC Depot
Exhibit 126: MMC Depot - Overview
Exhibit 127: MMC Depot - Product / Service
Exhibit 128: MMC Depot - Key offerings
12.15 N2 Packaging Systems LLC
Exhibit 129: N2 Packaging Systems LLC - Overview
Exhibit 130: N2 Packaging Systems LLC - Product / Service
Exhibit 131: N2 Packaging Systems LLC - Key offerings
12.16 Parker Hannifin Corp.
Exhibit 132: Parker Hannifin Corp. - Overview
Exhibit 133: Parker Hannifin Corp. - Business segments
Exhibit 134: Parker Hannifin Corp. - Key news
Exhibit 135: Parker Hannifin Corp. - Key offerings
Exhibit 136: Parker Hannifin Corp. - Segment focus
12.17 Sana Packaging
Exhibit 137: Sana Packaging - Overview
Exhibit 138: Sana Packaging - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 139: Inclusions checklist
Exhibit 140: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 141: Currency conversion rates for US$
13.4 Research methodology
Exhibit 142: Research methodology
Exhibit 143: Validation techniques employed for market sizing
Exhibit 144: Information sources
13.5 List of abbreviations
Exhibit 145: List of abbreviations