The Report Titled On “Cannabis Packaging Market” includes Market Size (Production, Consumption, Value and Volume), Upstream Situation, Market Segmentation, Cannabis Packaging Market Segmentation, Price & Cost And Industry Environment. In addition, the report outlines the factors driving industry growth and the description of market channels. The prime objective of this Cannabis Packaging market report is to help the user understand the market in terms of its Definition, Segmentation, Market Potential, Influential Trends, and the Challenges that the Market Is Facing.
The Cannabis Packaging Market profile also contains descriptions of the leading topmost manufactures/players like (Kush Bottles, Maple Leaf Green World, J.L.Clark, KAYA CANNABIS, Lexaria Bioscience)which including Capacity, Production, Price, Revenue, Cost, Gross, Gross Margin, Growth Rate, Import, Export, Market Share and Technological Developments.
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Scope of Cannabis Packaging Market: The cannabis industry in North America is 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.
This market study estimates that in terms of geographic regions, Canada will be the major revenue contributor to the cannabis packaging market 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.
On the basis of product, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each type, primarily split into-
⦿ Rigid Packaging
⦿ Flexible Packaging
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Cannabis Packaging for each application, including-
⦿ Medical Use
⦿ Recreational Use
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Geographically, the report includes the research on production, consumption, revenue, Cannabis Packaging market share and growth rate, and forecast (2020-2026) of the following regions:
- Europe (Germany, UK, France, Italy, Spain, Russia, Poland)
- Southeast Asia (Malaysia, Singapore, Philippines, Indonesia, Thailand, Vietnam)
- Central and South America (Brazil, Mexico, Colombia)
- Middle East and Africa (Saudi Arabia, United Arab Emirates, Turkey, Egypt, South Africa, Nigeria)
- United States
- Other Regions
Key Developments In The Cannabis Packaging Market:
☑ To describe Cannabis Packaging Introduction, product type and application, market overview, Cannabis Packagingbmarket analysis by countries, market opportunities, market risk, market driving force;
☑ To analyze the manufacturers of Cannabis Packaging market, with profile, main business, news, sales, price, revenue and market share in 2016 and 2020;
☑ To display the competitive situation among the top manufacturers in North America, with sales, revenue and Cannabis Packaging market share in 2016 and 2020;
☑ To show the market by type and application, with sales, price, revenue,Cannabis Packaging market share and growth rate by type and application, from 2013 to 2020;
☑ To analyze the key countries by manufacturers, Type and Application, covering United States , Canada and Mexico, with sales, revenue and Cannabis Packaging market share by manufacturers, types and applications;
☑ Cannabis Packaging market forecast, by countries, type and application, with sales, price, revenue and growth rate forecast, from 2020 to 2026;
☑ To analyze the Cannabis Packaging market manufacturing cost, key raw materials and manufacturing process etc.
☑ To analyze the industrial chain, sourcing strategy and downstream end users (buyers);
☑ To describe Cannabis Packaging market sales channel, distributors, traders, dealers etc.
☑ To describe Cannabis Packaging market Research Findings and Conclusion, Appendix, methodology and data source.
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