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The cannabis packaging market is forecasted to grow by USD 12.18 billion during 2023-2028, accelerating at a CAGR of 35.11% during the forecast period. The report on the cannabis packaging market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
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 growing millennial purchasing power in key cannabis industry, rising number of countries decriminalizing and legalizing cannabis, and increasing medicinal application of cannabis.
The cannabis packaging market is segmented as below:
By Material
- Glass
- Metal
- Plastics
- Cardboard containers
By Type
- Rigid packaging
- Flexible packaging
By Geography
- North America
- APAC
- Europe
- South America
- Middle East and Africa
The report on the cannabis packaging market covers the following areas:
- Cannabis packaging market sizing
- Cannabis packaging market forecast
- Cannabis packaging market industry analysis
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 report 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.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Material
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
360 degree market analysis
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global cannabis packaging market: Berry Global Inc., Cannabis Promotions, Cannaline, Diamond Packaging, Drug Plastics Group, Dymapak Quark Distribution Inc., Elevate Packaging Inc., Green Rush Packaging, Greenlane Holdings Inc., Kaya Packaging, Kynd Packaging LLC, Max Bright Packaging Ltd., MMC Depot, N2 Packaging Systems LLC, Norkol Inc., Packaging Bee, RXD Co., Sana Packaging, StoreSac, and The Boxmaker Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is emergence of smart packaging of cannabis."
According to the report, one of the major drivers for this market is the growing millennial purchasing power in key cannabis industry.
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 a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Berry Global Inc.
- Cannabis Promotions
- Cannaline
- Diamond Packaging
- Drug Plastics Group
- Dymapak Quark Distribution Inc.
- Elevate Packaging Inc.
- Green Rush Packaging
- Greenlane Holdings Inc.
- Kaya Packaging
- Kynd Packaging LLC
- Max Bright Packaging Ltd.
- MMC Depot
- N2 Packaging Systems LLC
- Norkol Inc.
- Packaging Bee
- RXD Co.
- Sana Packaging
- StoreSac
- The Boxmaker Inc.