Freedonia In The News

Article Title: Cannabis product packaging set to grow 31% per year to 2024
By: Anne Marie Mohan
Publication: Packaging World, 10/16/2019
Freedonia Study: Cannabis Packaging Opportunities (3773)

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Demand for cannabis product packaging is anticipated to reach $278 million in 2019, increasing 31% per year to $1.1 billion in 2024. That’s according to a new study from The Freedonia Group, “Cannabis Packaging Opportunities,” which notes that primary and secondary containers, including jars, bottles, and folding cartons, will continue to account for the largest share of packaging demand at 62% of sales in 2024. These containers account for the bulk of unit packaging costs, as they must meet government regulations while also offering aesthetic and performance advantages.
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