U.S. Cannabis Packaging Market Size Is Projected To Reach USD 9.3 Billion By 2030
San Francisco, 30 March 2022: The Report U.S. Cannabis Packaging Market Size, Share & Trends Analysis Report By Material (Plastic, Paper), By Product (Bottles & Jars, Blisters & Clamshells), By Application (Recreational, Medical), And Segment Forecasts, 2022 - 2030 The U.S. cannabis packaging market size is expected to reach USD 9.3 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 30.6% over the forecast period. Cannabis is the most consumed drug other than alcohol and tobacco. According to the National Institute on Drug Abuse, more than 11.8 million young adults reported consumption of marijuana in 2018. The growing support of U.S. citizens for the use of medical cannabis will also fuel the market growth. With the rising popularity of vaping devices, teens have started vaping THC and nearly 4.0% of 12th graders respond they vape THC on daily basis. These numbers are projected to increase in the futur