Explains recent industry trends, growth, demand and analysis – SMU Daily Mustang


According to the latest report from the IMARC group, entitled Cannabis Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027. » the global cannabis packaging market reached a value of US$982.4 million in 2021. Looking ahead, IMARC Group expects the market to reach a value of US$3949.6 million by 2027, presenting a CAGR of 25.40% over the period 2022-2027. Cannabis represents a psychoactive drug derived from the cannabis sativa plant that is used for medical and recreational purposes. It can be taken in many forms, such as tinctures, capsules, dermal patches, dermal sprays, edibles, and more. Cannabis helps with weight loss and treats muscle spasms, chronic pain, inflammatory bowel disease (IBD), nausea, diabetes, depression, attention deficit hyperactivity disorder (ADHD), glaucoma, seizures, etc. It is usually packed in bottles, jars, bags, sachets, tubes, metal boxes, etc., to avoid damage during handling, transport and storage.

We regularly monitor the direct effect of COVID-19[feminine] in the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.

Request a sample PDF of this report: https://www.imarcgroup.com/cannabis-packaging-market/requestsample

The growing prevalence of stress among individuals, owing to poor sleeping habits and hectic lifestyles, is primarily driving the cannabis packaging market. Additionally, the implementation of several stringent regulations by government agencies is pushing major manufacturers to develop tamper-evident, child-resistant, resealable, and opaque packaging for cannabis edibles, further catalyzing growth. of the market. Additionally, the growing demand for cannabis in the production of nutritional supplements, sparkling water, confectionery and bakery items, etc., acts as another significant growth driver. Additionally, the growing adoption of cannabis packaging automation to focus on sustainability and branding is also positively influencing the global market. Apart from this, the introduction of recyclable variants including compostable pouches, biodegradable cellophane bags, metal cans, etc. are expected to fuel the cannabis packaging market over the forecast period.

Competitive landscape with key players:

  • Bay Global Inc.
  • Cannabis Science Inc.
  • Cannaline Cannabis Packaging Solutions
  • Diamond packaging
  • Dymapak
  • Elevation Packaging Inc.
  • Green Rush Packaging
  • Greenlane Holdings Inc.
  • Kaya packaging
  • KushCo Holdings Inc.
  • Maple Leaf Green World Inc.
  • N2 Packaging Systems LLC.

Key Market Segmentation:

Breakdown by type:

  • Rigid
  • Semi-rigid
  • Soft

Breakdown by packaging material:

  • Metal
  • Plastic
  • Cardboard containers
  • Glass
  • Others

Breakdown by application:

  • Medical use
  • Recreational use
  • Others

Breakdown by region:

  • North America
  • Europe
  • Others

Ask the analyst for a customization and explore the full report with table of contents and list of figures: https://www.imarcgroup.com/request?type=report&id=4934&flag=C

To note: We update our reports, if you want the report with the latest primary and secondary data (2022-2027), including industry trends, market size and competitive landscape etc. Click request a free sample report, the published report will be delivered to you in PDF format via email within 24-48 hours.

Main highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Market trends
  • Market drivers and success factors
  • Impact of COVID-19
  • Value chain analysis
  • Complete mapping of the competitive landscape

If you need specific information that is not currently covered in the report, we will provide it to you as part of the customization.

About Us

The IMARC Group is a leading market research firm providing management strategies and market research worldwide. We partner with clients across all industries and geographies to identify their most important opportunities, address their most critical challenges and transform their businesses.

IMARC’s information products include major business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and new processing methods are at the top of the list. company expertise.

Our offerings include comprehensive market information in the form of research reports, production cost reports, feasibility studies and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our client base, ranging from small and medium-sized businesses to Fortune 1000 companies.

Contact us:

IMARC Group

30 N Gould St Ste R

Sheridan, Wyoming 82801 USA – Wyoming

Email: Sales@imarcgroup.com

Such. :(D) +91 120 433 0800

Americas: – +1 631 791 1145 | Africa and Europe: – +44-702-409-7331 | Asia: +91-120-433-0800

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