Oct 15, 2024, 8:30 PM
Oct 14, 2024, 11:00 AM

Global cannabis packaging market to surge by 2034

Highlights
  • The global cannabis packaging market is projected to grow significantly, reaching USD 22.10 billion by 2034.
  • This growth is driven by the demand for secure, sustainable packaging solutions and compliance with regulations.
  • The market's evolution presents opportunities for innovation and adaptation to consumer preferences.
Story

In Canada, a recent study predicts significant growth in the global cannabis packaging market, estimating an increase from USD 3.49 billion in 2025 to approximately USD 22.10 billion by 2034. This growth is attributed to the rising demand for secure packaging solutions that prevent product degradation and comply with government regulations. Rigid containers, such as jars and plastic vials, are favored for their durability and moisture resistance, while glass containers are valued for their ability to preserve product integrity. The legalization of cannabis has also spurred interest in sustainable packaging options, including plant-based plastics and biodegradable materials. Additionally, the market is seeing a shift towards child-resistant and tamper-evident packaging, which enhances product safety and integrity. As consumer preferences evolve, the cannabis packaging market is expected to adapt, presenting opportunities for innovation and growth in the coming years.

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