Cannabis Packaging Opportunities
US demand for cannabis product packaging is set to increase 31% per year from 2019 to $1.1 billion in 2024. Strong advances in domestic marijuana and hemp product sales will boost packaging demand. Packaging value will also be supported by a continued emphasis on product differentiation through custom packaging, high-quality materials, and eye-catching graphics.
This report covers cannabis packaging by packaging type and container type. In addition, cannabis retail sales are presented in terms of product type and delivery format. Data are presented in dollar value. Marijuana and hemp production volumes are reported in pounds.
Packaging types covered in this study include:
product containers
labels
shipping containers
caps and closures
exit packaging
Product containers are further segmented by:
jars
bottles
folding cartons
bags and pouches
metal tins
tubes
vials
Cannabis retail sales are presented in terms of type:
medical marijuana
adult-use marijuana
hemp-based CBD products
hemp seed oil
Cannabis retail sales are also segmented by delivery format in terms of:
flower
vaporizer cartridges
tinctures
edibles
pills and capsules
topicals
ingestible oils
Scope of the Report
This report covers the scope, size, and growth of the US cannabis packaging market, including key trends in cannabis retail sales by product and delivery format. Historical data are provided for 2018, with forecasts for 2019 and 2024, with year by year historical market volatility also addressed. Data are provided in dollar value. The study also provides analysis on industry competitors, including key cannabis packaging producers and distributors
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