Global Cannabis Packaging Market SWOT Analysis by Key Players : Kush Bottles, J.L.Clark, KAYA CANNABIS, Lexaria Bioscience

Qyresearchreports include new market research report “Global Cannabis Packaging Market Size, Status and Forecast 2025” to its huge collection of research reports.

The cannabis industry inNorth Americais like other legal consumer goods industries, such as food, tobacco or alcohol. Some cannabis-infused products already look strikingly similar to existing consumer products. In addition to ‘flower’ which is the smokable leaf that most people usually associate with cannabis, there are many cannabis-infused products that range from edibles such as snacks and meals, to concentrates such as pills and oils, and beverages.

One of the major drivers for this market is the growing cannabis sales market. The North American cannabis market posted a revenue of $6700 million in 2016, marking about 30% increase from the 2015 figures. Cannabis sales are expected to grow at a CAGR of 10.40% during the forecast period when the North American market is expected to reach $8900 million in 2021. In the case of the cannabis boom, legalization is bringing new users to the market. In Colorado, Washington, and Oregon, recreational use was legal before 2016, with the consumer spending on cannabis about 62% during 2015-2016. Seven US states legalized cannabis in some form on the Election Day. The sudden popularity of alternative ingestion techniques, such as weed-laced topical sprays and edibles fueled the growth of the growing cannabis market in North America, thereby subsequently boosting the cannabis packaging market in North America.

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This market study estimates that in terms of geographic regions, Canada will be the major revenue contributor to thecannabis packagingmarket in North America throughout the forecast period. The legalization of cannabis and relaxed regulatory norms for mass manufacturing of cannabis will drive the growth of this market in Canada.

In 2017, the global Cannabis Packaging market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.

This report focuses on the global top players, covered
Kush Bottles
Maple Leaf Green World
J.L.Clark
KAYA CANNABIS
Lexaria Bioscience
…

Market segment by Type, the product can be split into
Rigid Packaging
Flexible Packaging

Market segment by Application, split into
Medical Use
Recreational Use
Others

The study objectives of this report are:

To study and forecast the market size of Cannabis Packaging in global market.
To analyze the global key players, SWOT analysis, value and global market share for top players.
To define, describe and forecast the market by type, end use and region.
To analyze and compare the market status and forecast between China and major regions, namely, United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.

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Key Stakeholders
Cannabis Packaging Manufacturers
Cannabis Packaging Distributors/Traders/Wholesalers
Cannabis Packaging Subcomponent Manufacturers
Industry Association
Downstream Vendors

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