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

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Cannabis Packaging Outlook 2022-2027:

The latest report by IMARC, titled “Cannabis Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global cannabis packaging market size has reached US$ 982.4 Million by 2021.

Cannabis refers to a psychoactive drug obtained from the Cannabis Sativa plant, which is used for medical and recreational purposes. numerous can be consumed in numerous forms, such as tinctures, capsules, dermal sprays, dermal patches, edibles, and dermal sprays. It aids in weight loss, muscle spasms, curing chronic pain, diabetes, nausea, depression, inflammatory bowel diseases (IBD), attention deficit hyperactivity disorder (ADHD), glaucoma, and seizures.

Cannabis packaging plays a crucial role in preventing damage while handling, transporting, and storing cannabis in bottles, jars, pouches, tubes, bags, and metal tins. In recent years, the demand for cannabis packaging has been escalating due to the legalization of cannabis in numerous nations to increase job growth and investment opportunities.

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Global Cannabis Packaging Drivers/Constraints:

One of the primary factors driving the market is the extensive employment of cannabis in the healthcare sector. Additionally, its utilization for the treatment of numerous medical conditions, including arthritis, cancer, migraines, Alzheimer, epilepsy, post-traumatic stress disorder (PTSD), Parkinson’s, and Tourette’s is creating a positive market outlook. Other than this, cannabis is also used in the food and beverage (F&B) industry for the purpose of manufacturing sparkling water, nutritional supplements, and confectionary and bakery products.

Along with this, the rising usage of social media has led to the prevalence of stress among the masses, which is increasing the demand for cannabis packaging. Furthermore, stringent regulations imposed by the governments of numerous nations on the packaging of cannabis are enabling key players to provide child-resistant, tamper-evident, re-sealable, and opaque packaging. Moreover, the introduction of recyclable packaging variants, including biodegradable cellophane bags, compostable pouches, and metal cans, is another major growth-inducing factor.

Looking forward, IMARC Group expects the market value to reach US$ 3,949.6 Million by 2027, expanding at a CAGR of 25.40% during the forecast period (2022-2027).

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Berry Global

Science

Cannaline

Dymapak, Elevate Packaging

Green Rush Packaging

Greenlane Holdings Inc.

Kaya Packaging, KushCo Holdings Inc.

Maple Leaf Green World Inc.

N2 Packaging Systems LLC.

Report Description Key Questions Answered in the Report

1. What was the size of the global cannabis packaging market in 2021?

2. What is the expected growth rate of the global cannabis packaging market during 2022-2027?

3. What are the key factors driving the global cannabis packaging market?

4. What has been the impact of COVID-19 on the global cannabis packaging market?

5. What is the breakup of the global cannabis packaging market based on the type?

What is the breakup of the global cannabis packaging market based on the packaging material?

7. What is the breakup of the global cannabis packaging market based on the packaging material?

Report Description Table of Contents

Report Description Table of Contents

A partial List of our Clients

A partial List of our Clients

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