Cannabis packaging termed as marijuana packaging, which keeps freshness as well as aroma sealed inside, to protect it from outer contaminated components such as moisture, oxygen, and UV light. Earlier, cannabis was packaged and distributed in tiny, discreet plastic bags but nowadays most of the businesses have adopted cannabis packaging solution which offers various colours, graphics, and designs. Vials and Bottles have become a widely used form of medical cannabis packaging. This kind of protective packaging is not only obtainable to keep medical marijuana pristine, but it is also used by firms creating cannabis-infused coffee and tea to keep leaves and grounds fresh.This growth is primarily driven by Growing cannabis sales, An innovation of new product varieties and Regulatory recommendations in cannabis packaging and labeling.
Major Vendors, such as Kush Bottles (United States), LifeLoc Technologies (United States), Maple Leaf Green World (Canada), Lexaria Bioscience (Canada), KAYA CANNABIS (Jamaica), J.L.Clark (United States), Sana Packaging Inc. (United States) and Oceanworks Inc. (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
On 10 Jan 2019, US-based sustainable and compliant packaging solutions firm Sana Packaging has established a partnership with Oceanworks to introduce a new line of reclaimed ocean plastic cannabis packaging. The new product line is made using 100% plant-based and chemical-free hemp plastic. The company will introduce the products this year.
In late 2015, the Council on Responsible Cannabis Regulation (CRCR) and the National Cannabis Industry Association (NCIA) joined forces on a project designed to address the need for best practices and greater consistency in state regulation of cannabis packaging and labeling. The central goal was to generate detailed regulatory recommendations for cannabis packaging and labeling for state regulators based on feedback from a diverse working group of subject-matter experts, stakeholder surveys and input, as well as an examination of federal standards for similar products and lessons from legal cannabis states.
- Growing cannabis sales
- An innovation of new product varieties
- Regulatory recommendations in cannabis packaging and labeling
- Stringent Government Regulations
OpportunitiesEmerging Demand from Economies
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the ReportAMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Cannabis Packaging Study Sheds Light on The Cannabis Packaging Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Cannabis Packaging industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Cannabis Packaging industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.