Medical Cannabis (CBD) Packaging Market Size, Trends and Insights By Material (Plastic, Glass, Metal, Paper), By Product (Tubes, Jars and bottles, Pouches, Tins, Clamshells and blisters, Others), By Application (Medical Use, Recreational Use), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
| Study Period: | 2024-2033 |
| Fastest Growing Market: | Asia-Pacific |
| Largest Market: | Europe |
Major Players
- L. CLARK
- IMPAK Corp.
- Berry Global Inc.
- KushCo Holdings Inc.
- Others
Reports Description
Industry Synopsis
According to a Custom Market Insights (CMI) report, the global medical Cannabis packaging market has grown to USD 992.21 million in 2021 and is expected to reach USD 1,103.21 million in 2022 and is forecast to record a growth of USD 2,742.34 million by 2030, at a compound annual growth rate of 15.7%. Many countries worldwide have legalized the demand and supply of medical cannabis, which has also boosted the packaging industry’s market.
The huge number of benefits that are obtained from the use of cannabis and its products has helped the market to record considerable growth over the period. The products which are manufactured using cannabis and its components have wide use in treating multiple chronic diseases all over the world. Cannabinoids are used to manufacture medicines that are mainly used for treating cancer and neurological disorders. The use of cannabis and its products for recreational purposes has experienced tremendous growth in the market, which is expected to continue similarly during the forecast period.
Legal permission has been granted to the use of cannabis, and hence the packaging industry has directed a special focus toward this product. Proper packaging provided for Cannabis products helps to maintain the integrity of the material and its properties. Many countries are encouraging the use of cannabis and the products made out of it.
The rate at which the Cannabis packaging market is developing is tremendous due to the increasing demand for its products which has been experienced from all over the world. Several health benefits are obtained from cannabis and its components which provide faster relief, especially in chronic diseases, by managing the complications such as pain. These products also facilitate weight loss and help prevent diabetes in many patients.
Depression can be treated with the help of these medicines as they have active principles that directly impact the nervous system. Hence a great effect has been shown, and the patients suffer from seizures and other neurological disorders. The use of cannabis and its components in treating chronic diseases among the people belonging to the geriatric population has greatly boosted the market’s growth. The increasing awareness regarding the health benefits which are obtained by using the products obtained from cannabis has boosted the growth of the market tremendously.
The usage of Cannabis products in the field of recreation has made a major impact on the growth of the market. The support provided by the government by legalizing the distribution and production of these products has helped the packaging industry of medical cannabis to a great extent.
The pandemic outbreak had a major impact on the sales and distribution of cannabis and affected the packaging industry. The various guidelines and rules imposed by the government regarding lockdown and restricted movement hindered the growth of the medical Cannabis packaging market to a great extent. During the later stages of the pandemic, as the government relaxed the lockdowns, the demand and supply of Cannabis products gained speed equally and boosted the market’s growth to a great extent. A shortage of disposable income available to the people during the pandemic hampered the market’s growth to a great extent.
Growth Factors
The huge number of benefits that are obtained from medical cannabis has increased the demand for this product in the market to a great extent. The key market players have considered advanced packaging options to maintain the product’s integrity and expected properties. The various packaging options present in the market provide a great level of protection to the inner content, making it a fast-growing sector. A proper packaging technique helps to protect the material from external environmental impressions of extreme climatic change, water, air and temperature.
A proper packaging technique also helps to inform the individuals informed in the delivery process to take the necessary precautions to protect the product from getting damaged. The huge number of diseases that are treated with the help of medical cannabis has boosted the demand for these products in the healthcare industry. The support provided by the government in the form of legalization and licensing has emerged as a major driving force for the medical Cannabis market, which has boosted quality packaging procedures.
A proper packaging method helps attract potential consumers by enlisting all the required properties in the products, which provides the consumer with a complete picture of the internal content. A proper packaging method imposes an additional cost on the main product obtained from cannabis which the key market players avoid by using packaging materials made out of plastic and glass, which are reusable to a certain extent if recycled properly.
The rapidly increasing number of chronic diseases and the complaints of pain have boosted the market for the medical Cannabis packaging industry. These multiple reasons emerge as the growth factors for the medical Cannabis packaging industry.
Segmental Insights
Segmentation of the medical Cannabis packaging market based on material
Based on material, the segment of plastics has emerged as the largest sector due to its extensive consumption by the packaging industry. The high flexibility ability of good-quality plastics has helped boost this segment greatly.
The cost-effective features provided by the use of plastics for packaging have helped the market to record considerable revenue over the period. This is the property of plastic to bear extreme climatic conditions has made it a leading segment of the packaging industry. It protects the original product from external impressions to a great extent and hence is the first choice for the manufacturer.
Segmentation of the medical Cannabis packaging market based on product
Based on product, the segment of jars and bottles has emerged as the largest segment, forcing it to continue its position during the forecast period. Many products are available for packaging Cannabis products, making it a leading segment under this category. Using high-quality hiking products with varying shapes and sizes has helped manufacturers opt for suitable products for packaging. The next segment which has captured the market considerably is glass packaging.
The option of glass packaging has provided excellent benefits for maintaining the integrity of the product. The barriers to gas and moisture provided by glass packaging have helped boost the market considerably. The airtight feature provided by glass packaging has also made this tough segment competition for jars and bottles.
The material used to manufacture glass packaging products opts from hygienic high-grade materials. The odor-resistant properties of glass packaging products have also helped the market tremendously. The increasing demand for all these obtained from cannabis has boosted the glass packaging industry. Glass packaging is usually airtight and prevents leakage, making it a first choice for the industry.
Segmentation of the medical Cannabis packaging market based on application
Based on application, the recreation segment has emerged as the fastest-growing market during the forecast period. Many governments have legalized the use of Cannabis products for recreation; hence, the segment has experienced tremendous demand from the present market. Many governments have legalized recreational use, which encourages people to use these products on a large scale. This has also encouraged people to cultivate small amounts of cannabis within their vicinity and conduct sales with the help of a legal license provided by the government.
Packaging has been provided for the dry formats of cannabis, mainly used for recreational purposes. It mixes brown and shredded green flowers along with stems and leaves. The next segment that has proved itself dominant is the medical sector.
The medical use of cannabis has increased tremendously all over the world. Many states across the United States of America have legalized this product for use for medical purposes. The FDA has also approved using such products to treat diseases related to the central nervous system. The use of cannabis in its products for medical purposes has boosted the packaging industry to create extent as the maintenance of the integrity of the products becomes a major factor in obtaining maximum benefits from the medicine.
Report Scope
| Feature of the Report | Details |
| Market Size in 2021 | USD 992.21 million |
| Projected Market Size in 2030 | USD 2,742.34 million |
| CAGR Growth Rate | 15.7% CAGR (2022-2030) |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Prominent Players | J.L. CLARK, IMPAK Corp., Berry Global Inc., KushCo Holdings Inc., Pollen Gear, Cannaline Cannabis Packaging Solutions, Norkol Packaging LLC, N2 Packaging Systems, LLC, Green Rush Packaging, MMC DEPOT, and Others |
| Key Segment | By Material, Product, Application, and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Regional Insights
Based on geography, the region of North America has emerged as the largest market for the medical Cannabis packaging industry due to the legalization of these products in the market.
The key market players have set up special packaging industries to provide attractive packages to encourage potential consumers. A huge number of people are using cannabis and its products to obtain numerous health benefits from this product. The rapid use of cannabis in the healthcare sector has encouraged people regarding its benefits. The European nations have emerged as the next largest sector for the medical Cannabis packaging industry.
The existence of the key market players in these regions has boosted the economy of the medical Cannabis packaging industry. Many countries have imposed restrictions on the demand and supply of cannabis, which also hampers the growth of the packaging industry. Lack of awareness regarding the health benefits of cannabis in these regions has been a major restraining factor for the market’s growth.
Recent Developments
- In September 2021 – Grip N lock boxes were introduced by Green rush packaging, which is usually available in different sizes that help the manufacturer and consumer to choose according to the size of the product. These products are certified by the 16 CFR 1700, which increases their demand among the key market players. The water resistance properties provided by these gloss boxes help maintain the attractive exterior design of the box.
Key Market Players
- L. CLARK
- IMPAK Corp.
- Berry Global Inc.
- KushCo Holdings Inc.
- Pollen Gear
- Cannaline Cannabis Packaging Solutions
- Norkol Packaging LLC
- N2 Packaging Systems, LLC
- Green Rush Packaging
- MMC DEPOT
Segments covered in this report
On the basis of Material
- Plastic
- Glass
- Metal
- Paper
On the basis of the Product
- Tubes
- Jars and bottles
- Pouches
- Tins
- Clamshells and blisters
- Others
On the basis of the Application
- Medical use
- Recreational use
On the basis of Geography
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market research methodology
- Chapter 2. Executive Summary
- 2.1 Global Medical Cannabis Packaging Market, (2022 – 2030) (USD Million)
- 2.2 Global Medical Cannabis Packaging Market: snapshot
- Chapter 3. Global Medical Cannabis Packaging Market – Industry Analysis
- 3.1 Medical Cannabis Packaging Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 the Rapidly increasing number of chronic diseases
- 3.2.2 Growing demand for Medical Cannabis
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market attractiveness analysis By Material
- 3.7.2 Market attractiveness analysis By Product
- 3.7.3 Market attractiveness analysis By Application
- Chapter 4. Global Medical Cannabis Packaging Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Medical Cannabis Packaging Market: company market share, 2021
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, collaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Medical Cannabis Packaging Market – Material Analysis
- 5.1 Global Medical Cannabis Packaging Market overview: By Material
- 5.1.1 Global Medical Cannabis Packaging Market share, By Material, 2021 and 2030
- 5.2 Plastic
- 5.2.1 Global Medical Cannabis Packaging Market by Plastic, 2022 – 2030 (USD Million)
- 5.3 Glass
- 5.3.1 Global Medical Cannabis Packaging Market by Glass, 2022 – 2030 (USD Million)
- 5.4 Metal
- 5.4.1 Global Medical Cannabis Packaging Market by Metal, 2022 – 2030 (USD Million)
- 5.5 Paper
- 5.5.1 Global Medical Cannabis Packaging Market by Paper, 2022 – 2030 (USD Million)
- 5.1 Global Medical Cannabis Packaging Market overview: By Material
- Chapter 6. Global Medical Cannabis Packaging Market – Product Analysis
- 6.1 Global Medical Cannabis Packaging Market overview: By Product
- 6.1.1 Global Medical Cannabis Packaging Market share, By Product, 2021 and 2030
- 6.2 Tubes
- 6.2.1 Global Medical Cannabis Packaging Market by Tubes, 2022 – 2030 (USD Million)
- 6.3 Jars and bottles
- 6.3.1 Global Medical Cannabis Packaging Market by Jars and bottles, 2022 – 2030 (USD Million)
- 6.4 Pouches
- 6.4.1 Global Medical Cannabis Packaging Market by Pouches, 2022 – 2030 (USD Million)
- 6.5 Tins
- 6.5.1 Global Medical Cannabis Packaging Market by Tins, 2022 – 2030 (USD Million)
- 6.6 Clamshells and blisters
- 6.6.1 Global Medical Cannabis Packaging Market by Clamshells and blisters, 2022 – 2030 (USD Million)
- 6.7 Others
- 6.7.1 Global Medical Cannabis Packaging Market by Others, 2022 – 2030 (USD Million)
- 6.1 Global Medical Cannabis Packaging Market overview: By Product
- Chapter 7. Global Medical Cannabis Packaging Market – Application Analysis
- 7.1 Global Medical Cannabis Packaging Market overview: By Application
- 7.1.1 Global Medical Cannabis Packaging Market share, By Application, 2021 and 2030
- 7.2 Medical Use
- 7.2.1 Global Medical Cannabis Packaging Market by Medical Use, 2022 – 2030 (USD Million)
- 7.3 Recreational Use
- 7.3.1 Global Medical Cannabis Packaging Market by Recreational Use, 2022 – 2030 (USD Million)
- 7.1 Global Medical Cannabis Packaging Market overview: By Application
- Chapter 8. Medical Cannabis Packaging Market – Regional Analysis
- 8.1 Global Medical Cannabis Packaging Market Regional Overview
- 8.2 Global Medical Cannabis Packaging Market Share, by Region, 2021 & 2030 (USD Million)
- 8.3. North America
- 8.3.1 North America Medical Cannabis Packaging Market, 2022 – 2030 (USD Million)
- 8.3.1.1 North America Medical Cannabis Packaging Market, by Country, 2022 – 2030 (USD Million)
- 8.3.1 North America Medical Cannabis Packaging Market, 2022 – 2030 (USD Million)
- 8.4 North America Medical Cannabis Packaging Market, by Material, 2022 – 2030
- 8.4.1 North America Medical Cannabis Packaging Market, by Material, 2022 – 2030 (USD Million)
- 8.5 North America Medical Cannabis Packaging Market, by Product, 2022 – 2030
- 8.5.1 North America Medical Cannabis Packaging Market, by Product, 2022 – 2030 (USD Million)
- 8.6 North America Medical Cannabis Packaging Market, by Application, 2022 – 2030
- 8.6.1 North America Medical Cannabis Packaging Market, by Application, 2022 – 2030 (USD Million)
- 8.7. Europe
- 8.7.1 Europe Medical Cannabis Packaging Market, 2022 – 2030 (USD Million)
- 8.7.1.1 Europe Medical Cannabis Packaging Market, by Country, 2022 – 2030 (USD Million)
- 8.7.1 Europe Medical Cannabis Packaging Market, 2022 – 2030 (USD Million)
- 8.8 Europe Medical Cannabis Packaging Market, by Material, 2022 – 2030
- 8.8.1 Europe Medical Cannabis Packaging Market, by Material, 2022 – 2030 (USD Million)
- 8.9 Europe Medical Cannabis Packaging Market, by Product, 2022 – 2030
- 8.9.1 Europe Medical Cannabis Packaging Market, by Product, 2022 – 2030 (USD Million)
- 8.10 Europe Medical Cannabis Packaging Market, by Application, 2022 – 2030
- 8.10.1 Europe Medical Cannabis Packaging Market, by Application, 2022 – 2030 (USD Million)
- 8.11. Asia Pacific
- 8.11.1 Asia Pacific Medical Cannabis Packaging Market, 2022 – 2030 (USD Million)
- 8.11.1.1 Asia Pacific Medical Cannabis Packaging Market, by Country, 2022 – 2030 (USD Million)
- 8.11.1 Asia Pacific Medical Cannabis Packaging Market, 2022 – 2030 (USD Million)
- 8.12 Asia Pacific Medical Cannabis Packaging Market, by Material, 2022 – 2030
- 8.12.1 Asia Pacific Medical Cannabis Packaging Market, by Material, 2022 – 2030 (USD Million)
- 8.13 Asia Pacific Medical Cannabis Packaging Market, by Product, 2022 – 2030
- 8.13.1 Asia Pacific Medical Cannabis Packaging Market, by Product, 2022 – 2030 (USD Million)
- 8.14 Asia Pacific Medical Cannabis Packaging Market, by Application, 2022 – 2030
- 8.14.1 Asia Pacific Medical Cannabis Packaging Market, by Application, 2022 – 2030 (USD Million)
- 8.15. Latin America
- 8.15.1 Latin America Medical Cannabis Packaging Market, 2022 – 2030 (USD Million)
- 8.15.1.1 Latin America Medical Cannabis Packaging Market, by Country, 2022 – 2030 (USD Million)
- 8.15.1 Latin America Medical Cannabis Packaging Market, 2022 – 2030 (USD Million)
- 8.16 Latin America Medical Cannabis Packaging Market, by Material, 2022 – 2030
- 8.16.1 Latin America Medical Cannabis Packaging Market, by Material, 2022 – 2030 (USD Million)
- 8.17 Latin America Medical Cannabis Packaging Market, by Product, 2022 – 2030
- 8.17.1 Latin America Medical Cannabis Packaging Market, by Product, 2022 – 2030 (USD Million)
- 8.18 Latin America Medical Cannabis Packaging Market, by Application, 2022 – 2030
- 8.18.1 Latin America Medical Cannabis Packaging Market, by Application, 2022 – 2030 (USD Million)
- 8.19. The Middle-East and Africa
- 8.19.1 The Middle-East and Africa Medical Cannabis Packaging Market, 2022 – 2030 (USD Million)
- 8.19.1.1 The Middle-East and Africa Medical Cannabis Packaging Market, by Country, 2022 – 2030 (USD Million)
- 8.19.1 The Middle-East and Africa Medical Cannabis Packaging Market, 2022 – 2030 (USD Million)
- 8.20 The Middle-East and Africa Medical Cannabis Packaging Market, by Material, 2022 – 2030
- 8.20.1 The Middle-East and Africa Medical Cannabis Packaging Market, by Material, 2022 – 2030 (USD Million)
- 8.21 The Middle-East and Africa Medical Cannabis Packaging Market, by Product, 2022 – 2030
- 8.21.1 The Middle-East and Africa Medical Cannabis Packaging Market, by Product, 2022 – 2030 (USD Million)
- 8.22 The Middle-East and Africa Medical Cannabis Packaging Market, by Application, 2022 – 2030
- 8.22.1 The Middle-East and Africa Medical Cannabis Packaging Market, by Application, 2022 – 2030 (USD Million)
- Chapter 9. Company Profiles
- 9.1 J.L. CLARK
- 9.1.1 Overview
- 9.1.2 Financials
- 9.1.3 Product Portfolio
- 9.1.4 Business Strategy
- 9.1.5 Recent Developments
- 9.2 IMPAK Corp.
- 9.2.1 Overview
- 9.2.2 Financials
- 9.2.3 Product Portfolio
- 9.2.4 Business Strategy
- 9.2.5 Recent Developments
- 9.3 Berry Global Inc.
- 9.3.1 Overview
- 9.3.2 Financials
- 9.3.3 Product Portfolio
- 9.3.4 Business Strategy
- 9.3.5 Recent Developments
- 9.4 KushCo Holdings Inc.
- 9.4.1 Overview
- 9.4.2 Financials
- 9.4.3 Product Portfolio
- 9.4.4 Business Strategy
- 9.4.5 Recent Developments
- 9.5 Pollen Gear
- 9.5.1 Overview
- 9.5.2 Financials
- 9.5.3 Product Portfolio
- 9.5.4 Business Strategy
- 9.5.5 Recent Developments
- 9.6 Cannaline Cannabis Packaging Solutions
- 9.6.1 Overview
- 9.6.2 Financials
- 9.6.3 Product Portfolio
- 9.6.4 Business Strategy
- 9.6.5 Recent Developments
- 9.7 Norkol Packaging LLC
- 9.7.1 Overview
- 9.7.2 Financials
- 9.7.3 Product Portfolio
- 9.7.4 Business Strategy
- 9.7.5 Recent Developments
- 9.8 N2 Packaging Systems LLC
- 9.8.1 Overview
- 9.8.2 Financials
- 9.8.3 Product Portfolio
- 9.8.4 Business Strategy
- 9.8.5 Recent Developments
- 9.9 Green Rush Packaging
- 9.9.1 Overview
- 9.9.2 Financials
- 9.9.3 Product Portfolio
- 9.9.4 Business Strategy
- 9.9.5 Recent Developments
- 9.10 MMC DEPOT
- 9.10.1 Overview
- 9.10.2 Financials
- 9.10.3 Product Portfolio
- 9.10.4 Business Strategy
- 9.10.5 Recent Developments
- 9.1 J.L. CLARK
List Of Figures
Figures No 1 to 28
List Of Tables
Tables No 1 to 77
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2030
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
| Perspective | Primary research | Secondary research |
| Supply-side |
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| Demand-side |
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Market Analysis Matrix
| Qualitative analysis | Quantitative analysis |
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FAQs
The “North America” region will lead the global Medical Cannabis Packaging market from 2022 to 2030.
Huge number of benefits that are obtained from medical cannabis have increased the demand for this product in the market to a great extent. The key market players have considered advanced packaging options to maintain the product’s integrity and expected properties.
The key players operating in the Medical Cannabis Packaging market are J.L. CLARK, IMPAK Corp., Berry Global Inc., KushCo Holdings Inc., Pollen Gear, Cannaline Cannabis Packaging Solutions, Norkol Packaging LLC, N2 Packaging Systems, LLC, Green Rush Packaging, MMC DEPOT, and Others.
The global Medical Cannabis Packaging market is expanding with a CAGR of approximately 11.7% during the forecast period (2022 to 2030).
The global Medical Cannabis Packaging market was valued at USD 151 Million in 2021, and it is projected to reach around USD 356.3 Million by 2030.