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Global CBD Product Packaging Market Set to Reach USD 2.5 Billion by 2031, Fueled by Rising Consumer Awareness | Future Market Insights, Inc.

L4 Staff ~ 10/6/2024
North America is expected to dominate the market and have rapid growth throughout the assessment period . North America is expected to be the worldwide industry 's pivot because to the world 's largest federally permitted adult usage of CBD in Canada , along with a legalized framework in the

North America is expected to dominate the market and have rapid growth throughout the assessment period. North America is expected to be the worldwide industry's pivot because to the world's largest federally permitted adult usage of CBD in Canada, along with a legalized framework in the United States.

NEWARK, Del, Sept. 23, 2024 (GLOBE NEWSWIRE) -- The global CBD product packaging market is experiencing significant growth, with global sales estimated to be worth USD 1.3 billion in 2021. According to market analysis, the market is projected to reach a value of USD 2.5 billion by 2031, expanding at a CAGR of 7.1% over the forecast period from 2021 to 2031. In 2020, the revenue generated by the CBD product packaging sector stood at USD 1.2 billion.

This remarkable growth is being driven by the increasing demand for CBD products, as consumer awareness of their health benefits continues to rise. The surge in demand for these products is also pushing brands to innovate, creating sustainable and compliant packaging solutions that align with regulatory standards while appealing to eco-conscious consumers.

As the market evolves, brands are focusing on incorporating secure, tamper-evident packaging designs, especially with the growing influence of e-commerce and direct-to-consumer sales channels. These channels have become vital in shaping packaging trends, emphasizing the need for reliable and protective packaging solutions to meet consumer expectations for safety and transparency.

The boom in the CBD product packaging market reflects broader trends in consumer preferences, with increasing emphasis on environmentally friendly materials and packaging that resonates with health-conscious individuals.

Rising Demand for CBD Product Packaging Driven by Growth in Pharmaceutical Sector and CBD-Infused Medicines

The growing pharmaceutical sector, combined with the increasing trend of CBD-infused medicines, is projected to significantly boost demand for CBD product packaging. According to a recent report by the International Monetary Fund (IMF), spending on the healthcare sector is expected to rise by 6% year-over-year, reflecting the current GDP forecast. As the healthcare industry currently accounts for 10% of global GDP, this gradual uptrend is poised to benefit the packaging industry over the forecast period.

The surge in demand for packaging products stems from the global legalization and approval of CBD for both recreational and therapeutic purposes. In the United States, thirty-four states, including Washington, DC, have legalized CBD for therapeutic use, with ten states extending legalization for both recreational and medicinal applications.

"The CBD product packaging market is rapidly evolving with growing demand for sustainable, eco-friendly solutions. Brands are focusing on innovative designs to enhance product visibility while adhering to regulatory standards. It's an exciting space for both creativity and compliance!" says a Lead Consultant Ismail Sutaria in Packaging at Future Market Insights (FMI).

CBD Product Packaging Market Key Takeaways and Projections

  • The USA is expected to lead the North America CBD Product Packaging market, projecting the fastest growth in the region between 2021 and 2031
  • Germany and the UK are expected to, collectively, hold the largest share in the Europe market over the assessment period.
  • China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
  • India is expected to emerge as a highly remunerative market in South Asia, contributing a significant revenue share in the region through 2031.

Explore In-Depth Analysis—Click Here to Access the Report!

Competitive Landscape Analysis

The market survey conducted by FMI identifies major trends and difficulties in the packaging industry, as well as their impact on the CBD Product Packaging market. The study includes a complete market share analysis to provide an in-depth understanding of the current competition.

Who are the Key Players in the CBD Product Packaging Market?

Some of the leading manufacturers and suppliers operating at a global scale are

  • Blue Box Packaging
  • Hollingsworth
  • Berlin Packaging
  • Diamond Packaging
  • LF OF AMERICA
  • Assemblies Unlimited
  • Precise Packaging
  • Grow Packer
  • Blueline Labels
  • Marijuana Packaging Solution.

Key Segmentations

By End-Use Product:

  • CBD Oils and Tinctures
  • Pet Care Products
  • Cosmetics and Personal Care
  • Beverages
  • Supplements
  • Snacks

By Packaging Type:

  • Folding Cartons
  • Tubes
  • Jars
  • Metal Tins
  • Bottles
  • Bags & Pouches

By Packaging Material:

  • Metal
  • Plastic
  • Cloth
  • Paperboard
  • Glass

By Sales Channel:

  • Modern Trade
  • Franchised Outlets
  • Specialty Store
  • Online Channel

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa

Authored by:

Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.

Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analystsworldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:     

Future Market Insights Inc.Christiana Corporate, 200 Continental Drive,Suite 401, Newark, Delaware - 19713, USAT: +1-845-579-5705For Sales Enquiries: [email protected]Website: https://www.futuremarketinsights.comLinkedInTwitterBlogs | YouTube

German Translation-

Der globale Markt für CBD-Produktverpackungen verzeichnet ein erhebliches Wachstum, wobei der weltweite Umsatz im Jahr 2021 auf 1,3 Mrd. USD geschätzt wird. Laut Marktanalyse wird der Markt bis 2031 voraussichtlich einen Wert von 2,5 Mrd. USD erreichen und im Prognosezeitraum von 2021 bis 2031 mit einer CAGR von 7,1 % wachsen. Im Jahr 2020 belief sich der Umsatz mit dem Verpackungssektor von CBD-Produkten auf 1,2 Milliarden US-Dollar.

Dieses bemerkenswerte Wachstum wird durch die steigende Nachfrage nach CBD-Produkten angetrieben, da das Bewusstsein der Verbraucher für ihre gesundheitlichen Vorteile weiter steigt. Der Anstieg der Nachfrage nach diesen Produkten zwingt die Marken auch zu Innovationen und schafft nachhaltige und konforme Verpackungslösungen, die den gesetzlichen Standards entsprechen und gleichzeitig umweltbewusste Verbraucher ansprechen.

Da sich der Markt weiterentwickelt, konzentrieren sich Marken auf sichere, manipulationssichere Verpackungsdesigns, insbesondere angesichts des wachsenden Einflusses von E-Commerce und Direktvertriebskanälen. Diese Kanäle sind bei der Gestaltung von Verpackungstrends von entscheidender Bedeutung geworden und unterstreichen den Bedarf an zuverlässigen und schützenden Verpackungslösungen, um die Erwartungen der Verbraucher an Sicherheit und Transparenz zu erfüllen.

Der Boom auf dem Markt für CBD-Produktverpackungen spiegelt breitere Trends in den Verbraucherpräferenzen wider, wobei der Schwerpunkt zunehmend auf umweltfreundlichen Materialien und Verpackungen liegt, die bei gesundheitsbewussten Menschen Anklang finden.

Steigende Nachfrage nach CBD-Produktverpackungen, angetrieben durch Wachstum im Pharmasektor und CBD-infundierte Medikamente

Es wird prognostiziert, dass der wachsende Pharmasektor in Kombination mit dem zunehmenden Trend zu CBD-infundierten Medikamenten die Nachfrage nach CBD-Produktverpackungen erheblich ankurbeln wird. Einem aktuellen Bericht des Internationalen Währungsfonds (IWF) zufolge dürften die Ausgaben für den Gesundheitssektor im Vergleich zum Vorjahr um 6 % steigen, was die aktuelle BIP-Prognose widerspiegelt. Da die Gesundheitsbranche derzeit 10 % des weltweiten BIP ausmacht, dürfte dieser allmähliche Aufwärtstrend der Verpackungsindustrie im Prognosezeitraum zugute kommen.

Der Anstieg der Nachfrage nach Verpackungsprodukten ist auf die weltweite Legalisierung und Zulassung von CBD sowohl für Freizeit- als auch für therapeutische Zwecke zurückzuführen. In den Vereinigten Staaten haben vierunddreißig Bundesstaaten, darunter Washington, DC, CBD für therapeutische Zwecke legalisiert, wobei zehn Staaten die Legalisierung sowohl für Freizeit- als auch für medizinische Anwendungen ausgeweitet haben.

"Der Markt für CBD-Produktverpackungen entwickelt sich rasant und die Nachfrage nach nachhaltigen, umweltfreundlichen Lösungen wächst. Die Marken konzentrieren sich auf innovative Designs, um die Sichtbarkeit der Produkte zu verbessern und gleichzeitig die gesetzlichen Standards einzuhalten. Es ist ein spannender Raum für Kreativität und Compliance!" Sagt ein leitender Berater Ismail Sutaria im Bereich Verpackung bei Future Market Insights (FMI).

Markt für CBD-Produktverpackungen: Wichtige Erkenntnisse und Prognosen

  • Es wird erwartet, dass die USA auf dem nordamerikanischen Markt für CBD-Produktverpackungen führend sein werden und zwischen 2021 und 2031 das schnellste Wachstum in der Region prognostizieren
  • Es wird erwartet, dass Deutschland und das Vereinigte Königreich im Bewertungszeitraum zusammen den größten Anteil am europäischen Markt halten werden.
  • China wird den ostasiatischen Markt dominieren und im Prognosezeitraum den größten Nachfrageanteil ausmachen.
  • Es wird erwartet, dass sich Indien zu einem äußerst lukrativen Markt in Südasien entwickeln und bis 2031 einen erheblichen Umsatzanteil in der Region beitragen wird.

Analyse der Wettbewerbslandschaft

Die von FMI durchgeführte Marktstudie identifiziert die wichtigsten Trends und Schwierigkeiten in der Verpackungsindustrie sowie deren Auswirkungen auf den Markt für CBD-Produktverpackungen. Die Studie umfasst eine vollständige Marktanteilsanalyse, um ein tiefgreifendes Verständnis des aktuellen Wettbewerbs zu vermitteln.

Wer sind die Hauptakteure auf dem Markt für CBD-Produktverpackungen?

Einige der führenden Hersteller und Zulieferer, die auf globaler Ebene tätig sind, sind

  • Blue-Box-Verpackung
  • Hollingsworth
  • Berlin Verpackung
  • Diamant-Verpackung
  • LF VON AMERIKA
  • Baugruppen Unbegrenzt
  • Präzise Verpackung
  • Grow Packer
  • Blueline-Beschriftungen
  • Marihuana-Verpackungslösung.

Wichtige Segmentierungen

Nach Endprodukt:

  • CBD-Öle und -Tinkturen
  • Produkte für die Tierpflege
  • Kosmetik und Körperpflege
  • Getränke
  • Ergänzungen
  • Schnellimbisse

Nach Verpackungstyp:

  • Faltschachteln
  • Rohre
  • Krüge
  • Metalldosen
  • Flaschen
  • Taschen & Beutel

Nach Verpackungsmaterial:

  • Metall
  • Plastik
  • Stoff
  • Pappe
  • Glas

Nach Vertriebskanälen:

  • Moderner Handel
  • Franchise-Filialen
  • Fachgeschäft
  • Online-Kanal

Nach Region:

  • Nordamerika
  • Lateinamerika
  • Europa
  • Ostasien
  • Südasien
  • Ozeanien
  • Naher Osten und Afrika

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September 24, 2024, 00:30 GMT

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Global CBD Product Packaging Market Set to Reach USD 2.5 Billion by 2031, Fueled by Rising Consumer Awareness | Future Market Insights, Inc.

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