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Cannabis Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global cannabis packaging market reached a value of US$ 982.4 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 3949.6 Million by 2027, exhibiting a CAGR of 25.40% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Cannabis is a psychoactive drug derived from the Cannabis sativa plant and used for medical as well as recreational purposes. It can be taken through different forms, such as capsules, tinctures, dermal patches, dermal sprays and edibles. It assists in weight loss and treating chronic pain, muscle spasms, nausea, diabetes, depression, inflammatory bowel diseases (IBD), attention deficit hyperactivity disorder (ADHD), glaucoma, and seizures. It is packed in jars, bottles, bags, pouches, tubes, and metal tins to prevent damage while transporting, handling, and storing. At present, the legalization of cannabis in several countries worldwide on account of increasing job growth and investment opportunities are catalyzing the demand for cannabis packaging.

Cannabis Packaging Market Trends:

The growing utilization of cannabis in the healthcare industry represents one of the major factors driving the market. It is used in medical conditions, such as cancer, arthritis, migraines, epilepsy, Alzheimer’s, post-traumatic stress disorder (PTSD), Parkinson’s and Tourette’s, due to its therapeutic benefits. In addition, there is a rise in the application of cannabis in the food and beverage (F&B) industry to manufacture nutritional supplements, sparkling water, and confectionery and bakery products, which is offering lucrative growth opportunities to the end users and investors. Besides this, the increasing adoption of automation in cannabis packaging to focus on sustainability, regulations, and branding is contributing to the growth of the market. Additionally, there is a rise in the prevalence of stress among individuals due to the overuse of social media and poor sleeping habits. This, in turn, is stimulating the growth of the market. Furthermore, stringent regulations imposed by governments of various countries on the packaging of cannabis are propelling key players to offer tamper-evident, child-resistant, re-sealable, and opaque packaging for edible cannabis products. They are also introducing recyclable packaging variants, such as compostable pouches, biodegradable cellophane bags and metal cans, which are projected to bolster the growth of the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global cannabis packaging market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, packaging material and application.

Breakup by Type:

  • Rigid
  • Semi Rigid
  • Flexible
     

Breakup by Packaging Material:

  • Metal
  • Plastic
  • Cardboard Containers
  • Glass
  • Others
     

Breakup by Application:

  • Medical Use
  • Recreational Use
  • Others
     

Breakup by Region:

  • North America
  • Europe
  • Others
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Berry Global Inc., Cannabis Science Inc., Cannaline Cannabis Packaging Solutions, Diamond Packaging, Dymapak, Elevate Packaging Inc., Green Rush Packaging, Greenlane Holdings Inc., Kaya Packaging, KushCo Holdings Inc., Maple Leaf Green World Inc. and N2 Packaging Systems LLC.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Type, Packaging Material, Application, Region
Region Covered North America, Europe
Companies Covered Berry Global Inc., Cannabis Science Inc., Cannaline Cannabis Packaging Solutions, Diamond Packaging, Dymapak, Elevate Packaging Inc., Green Rush Packaging, Greenlane Holdings Inc., Kaya Packaging, KushCo Holdings Inc., Maple Leaf Green World Inc. and N2 Packaging Systems LLC.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global cannabis packaging market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global cannabis packaging market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the packaging material?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global cannabis packaging market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Cannabis Packaging Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    Rigid
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Semi Rigid
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Flexible
        6.3.1 Market Trends
        6.3.2 Market Forecast
7    Market Breakup by Packaging Material
    7.1    Metal
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Plastic
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Cardboard Containers
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Glass
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Others
        7.5.1 Market Trends
        7.5.2 Market Forecast
8    Market Breakup by Application
    8.1    Medical Use
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Recreational Use
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Others
        8.3.1 Market Trends
        8.3.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Europe
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Others
        9.3.1 Market Trends
        9.3.2 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Berry Global Inc.
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
           14.3.1.3 Financials
           14.3.1.4 SWOT Analysis
        14.3.2    Cannabis Science Inc.
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
        14.3.3    Cannaline Cannabis Packaging Solutions
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
        14.3.4    Diamond Packaging
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
        14.3.5    Dymapak
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
        14.3.6    Elevate Packaging Inc.
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
        14.3.7    Green Rush Packaging
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
        14.3.8    Greenlane Holdings Inc.
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
           14.3.8.3 Financials
        14.3.9    Kaya Packaging
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
        14.3.10    KushCo Holdings Inc.
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
        14.3.11    Maple Leaf Green World Inc.
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
           14.3.11.3 Financials
        14.3.12    N2 Packaging Systems LLC
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio

List of Figures

Figure 1: Global: Cannabis Packaging Market: Major Drivers and Challenges
Figure 2: Global: Cannabis Packaging Market: Sales Value (in Million US$), 2016-2021
Figure 3: Global: Cannabis Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: Global: Cannabis Packaging Market: Breakup by Type (in %), 2021
Figure 5: Global: Cannabis Packaging Market: Breakup by Packaging Material (in %), 2021
Figure 6: Global: Cannabis Packaging Market: Breakup by Application (in %), 2021
Figure 7: Global: Cannabis Packaging Market: Breakup by Region (in %), 2021
Figure 8: Global: Cannabis Packaging (Rigid) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Cannabis Packaging (Rigid) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Cannabis Packaging (Semi Rigid) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Cannabis Packaging (Semi Rigid) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Cannabis Packaging (Flexible) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Cannabis Packaging (Flexible) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Cannabis Packaging (Metal) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Cannabis Packaging (Metal) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Cannabis Packaging (Plastic) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Cannabis Packaging (Plastic) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Cannabis Packaging (Cardboard Containers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Cannabis Packaging (Cardboard Containers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Cannabis Packaging (Glass) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Cannabis Packaging (Glass) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Cannabis Packaging (Other Packaging Materials) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Cannabis Packaging (Other Packaging Materials) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Cannabis Packaging (Medical Use) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Cannabis Packaging (Medical Use) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Cannabis Packaging (Recreational Use) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Cannabis Packaging (Recreational Use) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Cannabis Packaging (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Cannabis Packaging (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: North America: Cannabis Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: North America: Cannabis Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Europe: Cannabis Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Europe: Cannabis Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Others: Cannabis Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Others: Cannabis Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Cannabis Packaging Industry: SWOT Analysis
Figure 37: Global: Cannabis Packaging Industry: Value Chain Analysis
Figure 38: Global: Cannabis Packaging Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Cannabis Packaging Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Cannabis Packaging Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Cannabis Packaging Market Forecast: Breakup by Packaging Material (in Million US$), 2022-2027
Table 4: Global: Cannabis Packaging Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Cannabis Packaging Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Cannabis Packaging Market: Competitive Structure
Table 7: Global: Cannabis Packaging Market: Key Players

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