Market Overview:
The global cannabis packaging material market is expected to grow at a CAGR of 10.8% from 2018 to 2030. The growth in the market can be attributed to the increasing legalization of cannabis for medical and recreational use, and the growing demand for premium packaging solutions. The global cannabis packaging material market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into rigid packaging material and flexible packaging material. Rigid packaging materials are further sub-segmented into glass containers, metal cans, plastic bottles & jars, while flexible packaging materials are further sub-segmented into pouches & bags, sacks & wraps. On the basis of application, medical use accounted for majority share in 2017 owing to its benefits such as longer shelf life and tamper resistance properties over recreational use; however recreational use is projected to grow at a higher CAGR during forecast period due to increasing legalization across different countries worldwide.
Product Definition:
Cannabis packaging material is a type of packaging that is used to store cannabis. It is important because it helps to protect the cannabis from damage and also helps to keep it fresh.
Rigid Packaging Material:
Rigid Packaging Material is a packaging material that exhibits properties such as strength, durability, and resistance to abrasion. It can be made from paper & paperboard; plastic; aluminum foil; metal foils including stainless steel and polyester; glassine & gelatin and several other materials. The primary function of rigid packaging in the cannabis industry is to protect the product from external damage during transportation and storage.
Flexible Packaging Material:
Flexible packaging material is a type of packaging that allows for greater design flexibility and functionality. Flexible packaging can be used to wrap around or fill the interior of a product, such as cannabis. It offers protection from external environmental factors like humidity, temperature, microorganisms and light; all while maintaining visibility for the product on retail shelves.
The global market size was valued at USD 3 billion in 2018.
Application Insights:
The others application segment accounted for the largest revenue share of 29.0% in 2017 and is expected to witness significant growth over the forecast period. The growing use of cannabis products for recreational purposes has led to an increase in demand packaging materials, such as paper tubes, aluminum cans and steel drums among others.
Medical use is projected to be the fastest-growing application segment owing to increasing government initiatives toward legalization of medical marijuana across various countries including Australia, Brazil, Canada Chile, Colombia Germany Italy Mexico New Zealand Poland Portugal Spain United Kingdom U.S., where it is legal only in some states whereas illegal but permitted usage prevails in other states according its classification under federal law enforcement agencies such as Drug Enforcement Administration (DEA).
Regional Analysis:
North America dominated the market in 2017 owing to the presence of key companies such as HempMy Pet, Canna-Pet, and ProVet Packaging Materials. The increasing legalization of cannabis across U.S. is also expected to drive demand for these products over the forecast period.
Europe accounted for a significant share of revenue generation owing to high product adoption by CBD manufacturers operating within this region coupled with rising R&D initiatives undertaken by various players operating within this industry aimed at developing advanced products suitable for medical.
Growth Factors:
- Increasing legalization of cannabis for medical and recreational purposes across the globe is expected to drive the demand for cannabis packaging material market over the forecast period.
- Growing awareness about the benefits of using cannabis packaging material is anticipated to boost market growth.
- Stringent regulations regarding use and disposal of traditional plastics are projected to fuel demand for biodegradable and compostable materials, which in turn is expected to benefit the cannabis packaging material market growth during forecast period.
- Rising investment by key players in research and development activities aimed at enhancing product offerings is likely to propel market expansion over next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Cannabis Packaging Material Market Research Report
By Type
Rigid Packaging Material, Flexible Packaging Material
By Application
Medical Use, Recreational Use, Others
By Companies
Kush Supply Co., J.L.Clark, KAYA Packaging, Impak, Funksac, Dymapak, Pollen Gear, N2 Packaging Systems, Green Rush Packaging, ABC Packaging Direct
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
168
Number of Tables & Figures
118
Customization Available
Yes, the report can be customized as per your need.
Global Cannabis Packaging Material Market Report Segments:
The global Cannabis Packaging Material market is segmented on the basis of:
Types
Rigid Packaging Material, Flexible Packaging Material
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Medical Use, Recreational Use, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Kush Supply Co.
- J.L.Clark
- KAYA Packaging
- Impak
- Funksac
- Dymapak
- Pollen Gear
- N2 Packaging Systems
- Green Rush Packaging
- ABC Packaging Direct
Highlights of The Cannabis Packaging Material Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Rigid Packaging Material
- Flexible Packaging Material
- By Application:
- Medical Use
- Recreational Use
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cannabis Packaging Material Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cannabis packaging material is made up of a variety of materials, including paper, plastic, and metal.
Some of the major players in the cannabis packaging material market are Kush Supply Co., J.L.Clark, KAYA Packaging, Impak, Funksac, Dymapak, Pollen Gear, N2 Packaging Systems, Green Rush Packaging, ABC Packaging Direct.
The cannabis packaging material market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cannabis Packaging Material Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cannabis Packaging Material Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cannabis Packaging Material Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cannabis Packaging Material Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cannabis Packaging Material Market Size & Forecast, 2018-2028
4.5.1 Cannabis Packaging Material Market Size and Y-o-Y Growth
4.5.2 Cannabis Packaging Material Market Absolute $ Opportunity
Chapter 5 Global Cannabis Packaging Material Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Cannabis Packaging Material Market Size Forecast by Type
5.2.1 Rigid Packaging Material
5.2.2 Flexible Packaging Material
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cannabis Packaging Material Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Cannabis Packaging Material Market Size Forecast by Applications
6.2.1 Medical Use
6.2.2 Recreational Use
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cannabis Packaging Material Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cannabis Packaging Material Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Cannabis Packaging Material Analysis and Forecast
9.1 Introduction
9.2 North America Cannabis Packaging Material Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Cannabis Packaging Material Market Size Forecast by Type
9.6.1 Rigid Packaging Material
9.6.2 Flexible Packaging Material
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Cannabis Packaging Material Market Size Forecast by Applications
9.10.1 Medical Use
9.10.2 Recreational Use
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Cannabis Packaging Material Analysis and Forecast
10.1 Introduction
10.2 Europe Cannabis Packaging Material Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Cannabis Packaging Material Market Size Forecast by Type
10.6.1 Rigid Packaging Material
10.6.2 Flexible Packaging Material
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Cannabis Packaging Material Market Size Forecast by Applications
10.10.1 Medical Use
10.10.2 Recreational Use
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Cannabis Packaging Material Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cannabis Packaging Material Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Cannabis Packaging Material Market Size Forecast by Type
11.6.1 Rigid Packaging Material
11.6.2 Flexible Packaging Material
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Cannabis Packaging Material Market Size Forecast by Applications
11.10.1 Medical Use
11.10.2 Recreational Use
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Cannabis Packaging Material Analysis and Forecast
12.1 Introduction
12.2 Latin America Cannabis Packaging Material Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Cannabis Packaging Material Market Size Forecast by Type
12.6.1 Rigid Packaging Material
12.6.2 Flexible Packaging Material
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Cannabis Packaging Material Market Size Forecast by Applications
12.10.1 Medical Use
12.10.2 Recreational Use
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Cannabis Packaging Material Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cannabis Packaging Material Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Cannabis Packaging Material Market Size Forecast by Type
13.6.1 Rigid Packaging Material
13.6.2 Flexible Packaging Material
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Cannabis Packaging Material Market Size Forecast by Applications
13.10.1 Medical Use
13.10.2 Recreational Use
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cannabis Packaging Material Market: Competitive Dashboard
14.2 Global Cannabis Packaging Material Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kush Supply Co.
14.3.2 J.L.Clark
14.3.3 KAYA Packaging
14.3.4 Impak
14.3.5 Funksac
14.3.6 Dymapak
14.3.7 Pollen Gear
14.3.8 N2 Packaging Systems
14.3.9 Green Rush Packaging
14.3.10 ABC Packaging Direct
