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Cannabis Packaging Market

Cannabis Packaging Market

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Cannabis Packaging Market

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  1. Cannabis Packaging Market: Comprehensive Evaluation by Strategically Analyzing Industry Drivers

  2. Global Market Scenario of Cannabis Packaging Industry The cannabis packaging market size worldwide is expected to touch an annual valuation of over USD 356.3 million by 2028. In recent years, most product suppliers are placing significant emphasis on effective and customizable packaging options to help with the clear and consistent branding of their products. Other than highlighting the protection and preservation of products inside, the main purpose of packaging across key industries is to cultivate a loyal consumer base. Hence the growing demand for brand-ability in the swiftly expanding cannabis space will positively influence the cannabis packaging market development in the near future. With the legalization of cannabis products in several regions for both medical and recreational use, the packaging of these commodities has turned into the most effective vehicle for promoting and defining a brand. The strong presence of innumerable laws and regulations has urged cannabis businesses to strictly adhere to these restrictions, subsequently guaranteeing effective packaging solutions.

  3. Continue:- Increasing focus on offering differentiation and the greater demand for child-resistant marijuana packaging will further outline the growth of this market space. For instance, in July 2020, Pollen Gear, a renowned innovative cannabis packaging solutions provider, introduced SoftSquare Jar, its new recyclable child-resistant compliant packaging product. This novelty comes with a wide mouth and rounded edges for offering product freshness, intactness, and expanded shelf life. In addition to these aspects, below is a glimpse of some prominent material types that are expected to shape the growth curvature of the cannabis packaging market avenue. Plastic packaging Plastic records prolific usage in the packaging of cannabis to keep the product fresh. Bottles and closures that are made of high- & low-density polyethene, polypropylene, and polyethene terephthalate are widely accepted as packaging options in the cannabis industry. In fact, plastic vials are preferred for packaging single cannabis cigarettes, as well as smaller quantities of cannabis flowers and leaves. These vials are also used for medical cannabis products as they are easy to label. The higher prevalence of single-sale plastic packaging and the increasing popularity of post-consumer recycled (PCR) plastics may also help in the growth of the cannabis packaging industry.

  4. Request for sample copy of this research report@ https://www.gminsights.com/request-sample/detail/5284

  5. 360° Industry Analysis Request for customization:https://www.gminsights.com/roc/5284 Glass packaging Glass is widely preferred for packaging cannabis products which are mainly in the form of flowers and leaves as it enables customers to view the product before opening them. In fact, glass packaging has gained attention as a reliable and smart option when it comes to storage given its nonporous nature upon interaction with the cannabis compounds. As this material does not react to most chemicals, there are lower chances of THC or other active chemicals leeching into this category of packaging. To add further, glass offers important sustainability benefits in comparison to other packaging materials.

  6. Competitive Analysis: Metal packaging The rising adoption of metal containers that are made from aluminum and stainless steel to offer excellent protection against oxygen, moisture, and other gases will positively impact the cannabis packaging market growth. Lately, custom-printed metal tins have gained immense popularity as secure and protective packaging solutions for marijuana products. Adding further, folding cartons, these days, have emerged as the most customizable and effective cannabis packaging options as they are ensuring the development of distinct brand appearances. These cartons, which could be made of paper or plastic, are assembled on-site to be filled with the products. The rising popularity of paper & paperboard packaging solutions will also add to the market growth in the years ahead.

  7. Title Latest Research Report On Cannabis Packaging Market@ https://www.gminsights.com/industry-analysis/cannabis-packaging-market Request for sample of this research report@ https://www.gminsights.com/request-sample/detail/5284 Request for customization: https://www.gminsights.com/roc/5284

  8. Stay In Touch You can visit us at: www.gminsights.com THANK YOU

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