Cannabis Packaging Market in North America 2024-2028

Description

List of Tables

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:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	27.5%
CAGR	35.11%
Incremental Value	$5403.9mn

By Material

Glass
Metal
Plastics
Cardboard containers

By Type

Rigid packaging
Flexible packaging

By Geographical Landscape

North America

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.

Product Code: IRTNTR76435

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Country Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Material
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on Regional - Market size and forecast 2023-2028 ($ million)
- Chart on North America: Year-over-year growth 2023-2028 (%)
- Data Table on Regional - Market size and forecast 2023-2028 ($ million)

4 Historic Market Size

4.1 Cannabis Packaging Market in North America 2018 - 2022
- Historic Market Size - Data Table on Cannabis Packaging Market in North America 2018 - 2022 ($ million)
4.2 Material segment analysis 2018 - 2022
- Historic Market Size - Material Segment 2018 - 2022 ($ million)
4.3 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Material

6.1 Market segments
- Chart on Material - Market share 2023-2028 (%)
- Data Table on Material - Market share 2023-2028 (%)
6.2 Comparison by Material
- Chart on Comparison by Material
- Data Table on Comparison by Material
6.3 Glass - Market size and forecast 2023-2028
- Chart on Glass - Market size and forecast 2023-2028 ($ million)
- Data Table on Glass - Market size and forecast 2023-2028 ($ million)
- Chart on Glass - Year-over-year growth 2023-2028 (%)
- Data Table on Glass - Year-over-year growth 2023-2028 (%)
6.4 Metal - Market size and forecast 2023-2028
- Chart on Metal - Market size and forecast 2023-2028 ($ million)
- Data Table on Metal - Market size and forecast 2023-2028 ($ million)
- Chart on Metal - Year-over-year growth 2023-2028 (%)
- Data Table on Metal - Year-over-year growth 2023-2028 (%)
6.5 Plastics - Market size and forecast 2023-2028
- Chart on Plastics - Market size and forecast 2023-2028 ($ million)
- Data Table on Plastics - Market size and forecast 2023-2028 ($ million)
- Chart on Plastics - Year-over-year growth 2023-2028 (%)
- Data Table on Plastics - Year-over-year growth 2023-2028 (%)
6.6 Cardboard containers - Market size and forecast 2023-2028
- Chart on Cardboard containers - Market size and forecast 2023-2028 ($ million)
- Data Table on Cardboard containers - Market size and forecast 2023-2028 ($ million)
- Chart on Cardboard containers - Year-over-year growth 2023-2028 (%)
- Data Table on Cardboard containers - Year-over-year growth 2023-2028 (%)
6.7 Market opportunity by Material
- Market opportunity by Material ($ million)
- Data Table on Market opportunity by Material ($ million)

7 Market Segmentation by Type

7.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
7.3 Rigid packaging - Market size and forecast 2023-2028
- Chart on Rigid packaging - Market size and forecast 2023-2028 ($ million)
- Data Table on Rigid packaging - Market size and forecast 2023-2028 ($ million)
- Chart on Rigid packaging - Year-over-year growth 2023-2028 (%)
- Data Table on Rigid packaging - Year-over-year growth 2023-2028 (%)
7.4 Flexible packaging - Market size and forecast 2023-2028
- Chart on Flexible packaging - Market size and forecast 2023-2028 ($ million)
- Data Table on Flexible packaging - Market size and forecast 2023-2028 ($ million)
- Chart on Flexible packaging - Year-over-year growth 2023-2028 (%)
- Data Table on Flexible packaging - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape - 2023-2028 (%)
- Data Table on Market share By Geographical Landscape - 2023-2028 (%)
9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
9.3 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
9.4 Canada - Market size and forecast 2023-2028
- Chart on Canada - Market size and forecast 2023-2028 ($ million)
- Data Table on Canada - Market size and forecast 2023-2028 ($ million)
- Chart on Canada - Year-over-year growth 2023-2028 (%)
- Data Table on Canada - Year-over-year growth 2023-2028 (%)
9.5 Mexico - Market size and forecast 2023-2028
- Chart on Mexico - Market size and forecast 2023-2028 ($ million)
- Data Table on Mexico - Market size and forecast 2023-2028 ($ million)
- Chart on Mexico - Year-over-year growth 2023-2028 (%)
- Data Table on Mexico - Year-over-year growth 2023-2028 (%)
9.6 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Table on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview
11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
- Overview on factors of disruption
11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered
12.2 Market positioning of companies
- Matrix on companies position and classification
12.3 Berry Global Inc.
- Berry Global Inc. - Overview
- Berry Global Inc. - Business segments
- Berry Global Inc. - Key news
- Berry Global Inc. - Key offerings
- Berry Global Inc. - Segment focus
12.4 Cannaline
- Cannaline - Overview
- Cannaline - Product / Service
- Cannaline - Key offerings
12.5 Diamond Packaging
- Diamond Packaging - Overview
- Diamond Packaging - Product / Service
- Diamond Packaging - Key offerings
12.6 Dymapak Quark Distribution Inc.
- Dymapak Quark Distribution Inc. - Overview
- Dymapak Quark Distribution Inc. - Product / Service
- Dymapak Quark Distribution Inc. - Key offerings
12.7 Elevate Packaging Inc.
- Elevate Packaging Inc. - Overview
- Elevate Packaging Inc. - Product / Service
- Elevate Packaging Inc. - Key offerings
12.8 Green Rush Packaging
- Green Rush Packaging - Overview
- Green Rush Packaging - Product / Service
- Green Rush Packaging - Key offerings
12.9 Greenlane Holdings Inc.
- Greenlane Holdings Inc. - Overview
- Greenlane Holdings Inc. - Business segments
- Greenlane Holdings Inc. - Key offerings
- Greenlane Holdings Inc. - Segment focus
12.10 Grow Cargo
- Grow Cargo - Overview
- Grow Cargo - Product / Service
- Grow Cargo - Key offerings
12.11 IMPAK Corp.
- IMPAK Corp. - Overview
- IMPAK Corp. - Product / Service
- IMPAK Corp. - Key offerings
12.12 KacePack
- KacePack - Overview
- KacePack - Product / Service
- KacePack - Key offerings
12.13 Kaya Packaging
- Kaya Packaging - Overview
- Kaya Packaging - Product / Service
- Kaya Packaging - Key offerings
12.14 MMC Depot
- MMC Depot - Overview
- MMC Depot - Product / Service
- MMC Depot - Key offerings
12.15 N2 Packaging Systems LLC
- N2 Packaging Systems LLC - Overview
- N2 Packaging Systems LLC - Product / Service
- N2 Packaging Systems LLC - Key offerings
12.16 Parker Hannifin Corp.
- Parker Hannifin Corp. - Overview
- Parker Hannifin Corp. - Business segments
- Parker Hannifin Corp. - Key news
- Parker Hannifin Corp. - Key offerings
- Parker Hannifin Corp. - Segment focus
12.17 Sana Packaging
- Sana Packaging - Overview
- Sana Packaging - Product / Service
- Sana Packaging - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
13.3 Currency conversion rates for US$
- Currency conversion rates for US$
13.4 Research methodology
- Research methodology
13.5 Data procurement
- Information sources
13.6 Data validation
- Data validation
13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
13.8 Data synthesis
- Data synthesis
13.9 360 degree market analysis
- 360 degree market analysis
13.10 List of abbreviations
- List of abbreviations