Cannabis Packaging Market: An Array of Graphics and Analysis of Major TrendsPosted by Kishor on May 3rd, 2019 Global Cannabis Packaging Market: Overview Cannabis packaging is a booming industry as it offers enhanced cannabis preservation which aids, thus facilitating effective transportation. Global cannabis packaging market is expected to display a positive growth trajectory owing to the rising demand for cannabis worldwide. Moreover, penetration of cannabis in the medical industry has contributed to the market’s growth during the forecast period. Global Cannabis Packaging Market: Notable Developments Below are a few new developments aiding the growth of the global cannabis packaging market:
Prominent players in the global cannabis packaging market include Lexaria Bioscience, Dixie Elixirs & Edibles, Shatter Labels, Maple Leaf Green World, Brandy Cannabis Creative, and Kush Bottles. Request Sample for More Information @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=65216 Global Cannabis Packaging Market: Key Growth Dynamics Introduction of new active packaging solutions for cannabis is one of the major drivers in the growth of global cannabis packaging market. This type of packaging offers enhanced protection of cannabis by controlling the thermodynamic cooling and humidity. In addition, a rise in the medical cannabis packaging industry owing to increasing proliferation of cannabis in the medical industry has highly contributed to the market’s growth. Cannabis is extensively used for the treatment of several chronic diseases such as Alzheimer and epilepsy. On account of stringent environmental policies there has been a rise in production and adoption recyclable cannabis packaging solutions such as compostable pouches and metal cans. This has impacted the cannabis packaging market favourably, thus expediting its growth. Additionally, rising consumer awareness regarding sustainable and protective packaging of cannabis has propelled the global cannabis packaging market. Global Cannabis Packaging Market: Regional Outlook Geographically, North America is expected to hold a dominant position in the global cannabis packaging market. This is owing to a rise in use of cannabis for the treatment of chronic diseases and recreational purposes. The market in Asia-Pacific is expected to witness a steady growth owing to rising applications of cannabis in the treatment of mental illness. Like it? Share it!More by this author |