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Global Cannabis Packaging Market Projected To Reach $22.10 Billion By 2034

Written by Johnny Green on . Posted in Business.

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The worldwide cannabis packing market is projected to reach $22.10 billion in value by 2034 according to a recent study conducted by Precedent Statistics. The market analysis values the cannabis packaging market at $3.49 billion in 2025.

“The market was estimated at USD 2.85 billion in 2024 and is projected to expand at a double-digit CAGR of 22.74% between 2024 and 2034.” the analysts stated.

cannabis packaging market projection 2024 to 2034

“The cannabis packaging market revolves around strong and tamper-evident packaging which provides child-resistance protection. Along with this, providing accurate information with labels and providing temperature and humidity resistance are the leading objectives of the market.” Precedent Statistics stated. The market researchers also determined the following:

  • North America holds the largest share and dominates the market due to its well-established regulations and advancement in cannabis packaging
  • Europe is a significant and mature market that drives the cannabis packaging industry by focusing on improving and adopting child-resistant features
  • Asia-Pacific is the fastest-growing market due to its versatile use and demand for the cannabis packaging market

The cannabis packaging sector of the emerging legal cannabis market is one of the most promising sectors due to every legal market requiring that cannabis products be in compliant packaging that includes such labeling information as cannabinoid content, harvest date, and/or production source.