The research includes a forecast and analysis of the worldwide and regional cannabis packaging markets. The study contains historical data from 2016 to 2018, as well as a forecast from 2020 to 2028, based on both volume (Kilotons) and revenue (USD Billion). The comprehensive analysis examines the cannabis packaging market’s key drivers and restraints. It also provides the market’s impact during the projection term. Furthermore, the paper covers the global opportunities available in the cannabis packaging business.
The cannabis packaging market is expected to increase significantly in the next years, owing to rising consumer demand for medical and recreational cannabis products. Cannabis legalisation in many nations is expected to drive the future industry.
The recreational cannabis application is projected to drive the market in the future, as it has demonstrated extraordinary growth in recent years. According to Marijuana Business Daily, the most popular type of cannabis sold in the United States is flowers. The flower is packaged in jars or flexible packing bags.
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We have included a complete value chain analysis to provide consumers with a comprehensive insight of the cannabis packaging market. An examination of Porter’s Five Forces model for the cannabis packaging business has also been included in the study to better understand the competitive landscape. The research includes a market attractiveness analysis in which all segments are benchmarked based on their market size, rate, and overall attractiveness.
The study also analyses the market share of the major players in the global cannabis packaging industry. Furthermore, the research covers the strategic development of the top competitors in the market, including acquisitions and mergers, agreements, partnerships, collaborations, and joint ventures, as well as geographical growth.
The analysis offers an important perspective on the cannabis packaging industry by segmenting it by type, application, and geography. The market has been estimated from 2020 to 2028 based on the analysis of all segments based on current and future trends. Global cannabis packaging is classified into hard packaging and flexible packaging. The global cannabis packaging market is divided into medicinal, recreational, and other categories. Furthermore, Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa are included in the regional classification. The regions are further subdivided into significant countries such as the United States, United Kingdom, Germany, Canada, France, China, Japan, and Brazil.
Some key manufacturers of the global cannabis packaging market are Laguna Blends, Lexaria Bioscience, J.L. Clark, Elevate Packaging, Kush Bottles, Brandy Cannabis Creative, Dixie Elixirs & Edibles, McKernan Packaging Clearing House, Shatter Labels, LifeLoc Technologies, Maple Leaf Green World, and Kaya Cannabis, among others.
This report segments the global cannabis packaging market into:
Global Cannabis Packaging Market: Type Analysis
Global Cannabis Packaging Market: Application Analysis
Global Cannabis Packaging Market: Regional Analysis
Middle East and Africa
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