Cannabis Packaging Equipment - Market Scope
Customers are more likely to choose one cannabis or CBD product over another if the packaging is appealing and high-quality. Attractive packaging elicited more intense activity in impulsivity-related regions of the brain than neutral packaging. When compared to neutral packaging, both unattractive and attractive packaging cause less activity in areas of the brain responsible for reflective contemplation. Attractive packaging elicited reward responses in the brain, but unattractive packaging elicited negative emotion-related responses.
The Cannabis Packaging Equipment - market study is segmented by Type (Automatic and Semi-Automatic), by Application (Medical Use, Recreational Use and Other) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies
Dura-Pack, Paxiom, Canapa Solutions, ActionPac Scales and Automation, Ohlson Packaging, All-Fill Inc., Viking Masek Global Packaging and WeighPack Systems are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global Cannabis Packaging Equipment - market by Type, Application and Region.
On the basis of geography, the market of Cannabis Packaging Equipment - has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Trend
- Automation in Packaging Equipment
Market Drivers
- Growing Use of Vacuum Sealing Machines
- Increasing Consumption of Cannabis
Opportunities
- Development in Custom Packaging
Restraints
- Restraining Factor in During Packaging
- Complex Regulatory Challenges
Challenges
- Crucial Supply Chain
- Variety Seeking Attitude of Consumers Towards Eatable Products
Key Target Audience
Cannabis Packaging Equipment Manufactures, Cannabis Packaging Equipment Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others