Cannabis Packaging Market In North America 2024-2028
The cannabis packaging market in North America is forecasted to grow by USD 5403.9 mn during 2023-2028, accelerating at a CAGR of 35.11% during the forecast period. The report on the cannabis packaging market in North America provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by legalization of cannabis in North America, increasing popularity of CBD products, and branding and differentiation strategies of market vendors.
Technavio's cannabis packaging market in North America is segmented as below:
By Material
- Glass
- Metal
- Plastics
- Cardboard containers
By Type
- Rigid packaging
- Flexible packaging
By Geographical Landscape
This study identifies the rising use of sustainable and eco-friendly packaging as one of the prime reasons driving the cannabis packaging market in North America growth during the next few years. Also, customization and branding in cannabis packaging and integration of advanced technology in cannabis packaging will lead to sizable demand in the market.
The report on the cannabis packaging market in North America covers the following areas:
- Cannabis packaging market in North America sizing
- Cannabis packaging market in North America forecast
- Cannabis packaging market in North America industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cannabis packaging market in North America vendors that include Berry Global Inc., Cannabis Promotions, Cannaline, CannaPack Solutions Inc., Diamond Packaging, Dymapak Quark Distribution Inc., Elevate Packaging Inc., Green Rush Packaging, Greenlane Holdings Inc., Grow Cargo, IMPAK Corp., KacePack, Kaya Packaging, Kynd Packaging LLC, MMC Depot, N2 Packaging Systems LLC, Parker Hannifin Corp., Sana Packaging, Smokus Focus, and Stink Sack. Also, the cannabis packaging market in North America analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.