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Global Cannabis Packaging Market to reach USD XX billion by 2028.

Global Cannabis Packaging Market Size study, by Material (Plastic, Metal, Glass, Paper) by Product (Bottles & Jars, Tubes, Tins, Pouches, Blisters & clamshells, Others) by Application (Recreational Use, Medical Use) and Regional Forecasts 2022-2028

Product Code: CMP-68750112
Publish Date: 15-05-2022
Page: 200

Global Cannabis Packaging Market is valued approximately USD XXX billion in 2021 and is anticipated to grow with a healthy growth rate of more than 28.6% over the forecast period 2022-2028. The growing popularity of cannabis among consumers due to its numerous health benefits, such as its ability to relieve chronic pain, improve lung capacity, aid weight loss, regulate and prevent diabetes, fight cancer, treat depression, and regulate seizures, is driving the market, which is expanding globally at the same time. The aforementioned health benefits of cannabis are driving consumer demand, and more people are advocating for its legalisation, at the very least for medical purposes. As a result, increased consumer awareness is expected to enhance product demand, driving cannabis packaging market growth over the forecast period. Recreational cannabis use is also on the rise, owing to government support that allows for the legal selling of recreational cannabis products on the market. As a result, as sales of these goods for adult use is on the rise, so does the demand for packaging that can avoid direct child contact. As a result, there is a growing need for kid resistance solutions on the market. According to a 2015 poll conducted by the Council on Responsible Cannabis Regulation (CRCR) and the National Cannabis Industry Association (NCIA), 58 percent of respondents supported mandatory child-resistant solutions for cannabis flower, 75% for concentrates, and 57% for non-ingestible infused products. Due to many restrictions imposed to prevent the virus’s spread, the COVID-19 pandemic has affected the growth and operation of most of the country’s industries. However, resistance in legalization of Cannabis in several countries impedes the growth of the market over the forecast period of 2021-2027.

The key regions considered for the global Cannabis Packaging Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America held the greatest market share. Because of the rising legalisation of cannabis use in the United States, the market is booming. States are also approving the use of cannabis for recreational purposes, which is boosting the market’s growth. California, Colorado, Michigan, Florida, Washington, Nevada, Oregon, Arizona, Massachusetts, and Illinois are among the most revenue-driven states in the US. These are the country’s mature markets, where the use of cannabis in the medical business has been permitted due to its health benefits. Additionally, the Asia Pacific region is anticipated to witness highest growth rate during the forecast period.

Major market player included in this report are:
Berry Global Inc.
KushCo Holdings Inc.
Pollen Gear
Cannaline Cannabis Packaging Solutions
N2 Packaging Systems, LLC
Green Rush Packaging
Norkol Packaging LLC

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Material:
By Product:
Bottles & Jars
Blisters & clamshells
By Application:
Recreational Use
Medical Use
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Cannabis Packaging Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
1.2.1. Cannabis Packaging Market, by Region, 2020-2028 (USD Billion)
1.2.2. Cannabis Packaging Market, by Material, 2020-2028 (USD Billion)
1.2.3. Cannabis Packaging Market, by Product, 2020-2028 (USD Billion)
1.2.4. Cannabis Packaging Market, by Application, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Cannabis Packaging Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Cannabis Packaging Market Dynamics
3.1. Cannabis Packaging Market Impact Analysis (2020-2028)
3.1.1. Market Drivers Increasing legalization of cannabis usage Rise in demand for recreational cannabis products
3.1.2. Market Challenges Side effects of Cannabis Ban in numerous countries
3.1.3. Market Opportunities Growing demand for child resistance solutions
Chapter 4. Global Cannabis Packaging Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Cannabis Packaging Market, by Material
6.1. Market Snapshot
6.2. Global Cannabis Packaging Market by Material, Performance – Potential Analysis
6.3. Global Cannabis Packaging Market Estimates & Forecasts by Material 2018-2028 (USD Billion)
6.4. Cannabis Packaging Market, Sub Segment Analysis
6.4.1. Plastic
6.4.2. Metal
6.4.3. Glass
6.4.4. Paper
Chapter 7. Global Cannabis Packaging Market, by Product
7.1. Market Snapshot
7.2. Global Cannabis Packaging Market by Product, Performance – Potential Analysis
7.3. Global Cannabis Packaging Market Estimates & Forecasts by Product 2018-2028 (USD Billion)
7.4. Cannabis Packaging Market, Sub Segment Analysis
7.4.1. Bottles & Jars
7.4.2. Tubes
7.4.3. Tins
7.4.4. Pouches
7.4.5. Blisters & clamshells
7.4.6. Others
Chapter 8. Global Cannabis Packaging Market, by Application
8.1. Market Snapshot
8.2. Global Cannabis Packaging Market by Application, Performance – Potential Analysis
8.3. Global Cannabis Packaging Market Estimates & Forecasts by Application 2018-2028 (USD Billion)
8.4. Cannabis Packaging Market, Sub Segment Analysis
8.4.1. Recreational Use
8.4.2. Medical Use
Chapter 9. Global Cannabis Packaging Market, Regional Analysis
9.1. Cannabis Packaging Market, Regional Market Snapshot
9.2. North America Cannabis Packaging Market
9.2.1. U.S. Cannabis Packaging Market Material breakdown estimates & forecasts, 2018-2028 Product breakdown estimates & forecasts, 2018-2028 Application breakdown estimates & forecasts, 2018-2028
9.2.2. Canada Cannabis Packaging Market
9.3. Europe Cannabis Packaging Market Snapshot
9.3.1. U.K. Cannabis Packaging Market
9.3.2. Germany Cannabis Packaging Market
9.3.3. France Cannabis Packaging Market
9.3.4. Spain Cannabis Packaging Market
9.3.5. Italy Cannabis Packaging Market
9.3.6. Rest of Europe Cannabis Packaging Market
9.4. Asia-Pacific Cannabis Packaging Market Snapshot
9.4.1. China Cannabis Packaging Market
9.4.2. India Cannabis Packaging Market
9.4.3. Japan Cannabis Packaging Market
9.4.4. Australia Cannabis Packaging Market
9.4.5. South Korea Cannabis Packaging Market
9.4.6. Rest of Asia Pacific Cannabis Packaging Market
9.5. Latin America Cannabis Packaging Market Snapshot
9.5.1. Brazil Cannabis Packaging Market
9.5.2. Mexico Cannabis Packaging Market
9.6. Rest of The World Cannabis Packaging Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Berry Global Inc. Key Information Overview Financial (Subject to Data Availability) Material Summary Recent Developments

10.2.2. KushCo Holdings Inc.
10.2.3. J.L. CLARK
10.2.4. IMPAK Corp.
10.2.5. Pollen Gear
10.2.6. Cannaline Cannabis Packaging Solutions
10.2.7. N2 Packaging Systems, LLC
10.2.8. Green Rush Packaging
10.2.9. Norkol Packaging LLC
10.2.10. MMC DEPOT
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
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Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
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