Market Overview:
The global cannabis storage market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the legalization of cannabis for medical and recreational use in various countries, and rising demand for cannabis products. The global cannabis storage market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into glass, plastics, aluminum foil, and others. Glass is expected to be a dominant segment in terms of revenue share during the forecast period owing to its properties such as shatterproof nature and inertness towards chemicals that are used for storing cannabis products. On the basis of application, medical use accounted for majority share in 2017 owing to increasing adoption of cannabinoids-based drugs for treatment purposes across various geographies. Recreational use is projected to grow at highest CAGR during forecast period due from growing acceptance among consumers for consumption of recreational marijuana products. Regionally North America held largest revenue share followed by Europe in 2017; however Asia Pacific region is projected witness highest growth rate over next decade due high population base coupled with increasing legalization trendof marijuana across countries including Chinaand India .
Product Definition:
Cannabis Storage is the practice of keeping cannabis in an environment that preserves its quality and potency. This can be done through various means such as using airtight containers, refrigeration, or freezing. Cannabis Storage is important to maintain the quality and potency of cannabis products as well as preserve their shelf life.
Glass:
Glass is a transparent, brittle, non-reactive material that can be used to store cannabis. It offers advantages such as low cost and inertness which makes it an ideal option for marijuana storage. The growth of the global medical cannabis market has led to an increase in demand for glass storage jars and containers among other products owing to their high quality and reliability on test results.
Plastics:
Plastics are non-toxic, lightweight and durable materials that can be used to produce cannabis storage containers. They offer advantages such as low cost & weight, high resistance to chemicals and solvents, durability and the ability to produce multiple products from a single mold making them ideal for the production of cannabis storage containers.
Application Insights:
The medical use segment dominated the overall cannabis storage market in 2017. This is attributed to the growing number of patients suffering from chronic pain and other health conditions requiring medicinal marijuana consumption. Moreover, increasing research activities for developing new applications of cannabis are also expected to boost segment growth over the forecast period.
Recreational use accounted for a smaller share in comparison with medical or medicinal purposes as most countries have not yet legalized recreational marijuana usage despite several states legalizing it. However, this trend is likely to change soon as more and more states are decriminalizing recreational weed usage, which will eventually lead to full legalization across America by 2030 according to some studies conducted by Marijuana Business Daily and Brightfield Group Ltd., respectively.
The others application segment includes personal use/home cultivation.
Regional Analysis:
North America dominated the market in 2017 owing to favorable climatic conditions and growing adoption of cannabis for medical and recreational purposes. The region is expected to maintain its dominance over the forecast period due to increasing legalization of marijuana for recreational and medical purposes. Increasing number of R&D centers engaged in developing cannabis-based medicines is also anticipated to drive regional growth over the forecast period.
Europe has been one of the most lucrative markets for cannabis investors since 2014 when it was legalized across various countries there.
Growth Factors:
- Increasing legalization of cannabis for medical and recreational purposes across the globe is expected to drive the growth of cannabis storage market.
- Growing demand for cannabis from various end-use industries is projected to fuel the growth of cannabis storage market during the forecast period.
- Rising awareness about benefits of using cannabis products is anticipated to boost the demand for cannabis storage solutions in near future.
- Technological advancements in packaging and storing solutions are likely to create new opportunities for players operating in Cannabis Storage market during forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Cannabis Storage Market Research Report
By Type
Glass, Plastics, Aluminum Foil, Others
By Application
Medical Use, Recreational Use, Others
By Companies
Kush Supply Co., STO, Funksac, Dymapak, J.L.Clark, KAYA Packaging, Pollen Gear, N2 Packaging Systems, Green Rush Packaging, ABC Packaging Direct, Impak
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
212
Number of Tables & Figures
149
Customization Available
Yes, the report can be customized as per your need.
Global Cannabis Storage Market Report Segments:
The global Cannabis Storage market is segmented on the basis of:
Types
Glass, Plastics, Aluminum Foil, Others
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.
- STO
- Funksac
- Dymapak
- J.L.Clark
- KAYA Packaging
- Pollen Gear
- N2 Packaging Systems
- Green Rush Packaging
- ABC Packaging Direct
- Impak
Highlights of The Cannabis Storage 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:
- Glass
- Plastics
- Aluminum Foil
- Others
- 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 Storage 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 storage is the process of keeping cannabis safe and secure until it can be used. This can include storing cannabis in a cool, dry place away from light and moisture.
Some of the major companies in the cannabis storage market are Kush Supply Co., STO, Funksac, Dymapak, J.L.Clark, KAYA Packaging, Pollen Gear, N2 Packaging Systems, Green Rush Packaging, ABC Packaging Direct, Impak.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cannabis Storage 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 Storage Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cannabis Storage 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 Storage 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 Storage Market Size & Forecast, 2018-2028
4.5.1 Cannabis Storage Market Size and Y-o-Y Growth
4.5.2 Cannabis Storage Market Absolute $ Opportunity
Chapter 5 Global Cannabis Storage 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 Storage Market Size Forecast by Type
5.2.1 Glass
5.2.2 Plastics
5.2.3 Aluminum Foil
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cannabis Storage 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 Storage 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 Storage 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 Storage 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 Storage Analysis and Forecast
9.1 Introduction
9.2 North America Cannabis Storage 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 Storage Market Size Forecast by Type
9.6.1 Glass
9.6.2 Plastics
9.6.3 Aluminum Foil
9.6.4 Others
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 Storage 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 Storage Analysis and Forecast
10.1 Introduction
10.2 Europe Cannabis Storage 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 Storage Market Size Forecast by Type
10.6.1 Glass
10.6.2 Plastics
10.6.3 Aluminum Foil
10.6.4 Others
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 Storage 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 Storage Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cannabis Storage 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 Storage Market Size Forecast by Type
11.6.1 Glass
11.6.2 Plastics
11.6.3 Aluminum Foil
11.6.4 Others
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 Storage 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 Storage Analysis and Forecast
12.1 Introduction
12.2 Latin America Cannabis Storage 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 Storage Market Size Forecast by Type
12.6.1 Glass
12.6.2 Plastics
12.6.3 Aluminum Foil
12.6.4 Others
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 Storage 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 Storage Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cannabis Storage 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 Storage Market Size Forecast by Type
13.6.1 Glass
13.6.2 Plastics
13.6.3 Aluminum Foil
13.6.4 Others
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 Storage 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 Storage Market: Competitive Dashboard
14.2 Global Cannabis Storage Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kush Supply Co.
14.3.2 STO
14.3.3 Funksac
14.3.4 Dymapak
14.3.5 J.L.Clark
14.3.6 KAYA Packaging
14.3.7 Pollen Gear
14.3.8 N2 Packaging Systems
14.3.9 Green Rush Packaging
14.3.10 ABC Packaging Direct
14.3.11 Impak
