The global Glass Jars market size is expected to reach USD 23.83 Billion in 2030 and register a revenue CAGR of 25.2% over the forecast period, according to a latest report by Reports and Data. Legalization of marijuana and rising demand for medical and recreational cannabis products is expected to drive market revenue growth during the forecast period. Increasing global awareness about the medicinal properties of cannabis along with other utilities has led to legalization and decriminalization of cannabis in various countries. Colorado and Washington's state became the first states in North America to legalize marijuana for recreational purposes. Similarly, possession and consumption of marijuana is legal in various countries in Europe.

Get a sample of the report @ https://www.reportsanddata.com/download-free-sample/1035

Some Key Highlights in the Report

• Flexible segment is expected to account for largest revenue share in global Glass Jars market between 2021 and 2030, owing to legalization of marijuana and increase in number of start-ups selling various well-packaged cannabis products.  
• Recreational segment is expected to register significantly steady revenue growth over the forecast period due to rising demand for products such as cannabis-infused beer which produces feelings of relaxation and lethargy rather than intoxication caused by regular alcoholic beverages.
• Market in North America is expected to register a higher revenue growth rate in the cannabis-based beverages market over the forecast period compared to other regional markets, due to high presence of cannabis cultivators producing various strains of cannabis for both medical and recreational purposes.

 Market Overview:

The packaging industry is rapidly expanding in terms of revenue in the recent years, and is expected to register rapid revenue CAGR throughout the forecast period of 2022 to 2030. Rapid revenue growth is attributed to factors such as rising global population, changing lifestyle, increasing disposable income and rapid growth of the e-commerce sector. Increasing penetration of internet, social media, improving standard of living and rapid growth in the doorstep deliveries are some other factors boosting global market revenue growth. In addition, various manufacturers are focusing on offering sustainable packaging to cater to rising environmental concerns. Local dealers are focusing on innovative packaging to attract consumers.  

Companies profiled in the global market report include

KushCo Holdings, Inc., Cannabis Science Inc., Calyx Containers, JL Clark Inc., Maple Leaf Green World Inc., Kaya Cannabis, Lexaria Bioscience Corp, Berry Global Inc., Cannaline Glass Jars Solutions, and Green Rush Packaging.

In December 2021, KushCo Holdings, Inc. merged with Greenlane Holdings Inc. This will facilitate an increase in sales to the company's top 25 customers that include leading multi-state operators, licensed producers, and brands and will eventually become the leading global platform for the development and distribution of premium cannabis accessories and lifestyle products.

Key questions addressed in the report:

• What size is the global Glass Jars market expected to reach over the forecast period?
• Which revenue CAGR is the global market expected to register throughout the forecast period?
• Which factors are expected to hamper global market growth during the forecast period?
• Which key factors are expected to driver global Glass Jars market throughout the forecast period?
• Which application segment is expected to register fastest revenue CAGR between 2022 and 2030?
• Which region is expected to register fastest revenue CAGR throughout the forecast period?
• What are the key outcomes of Porter’s Five Forces analysis and SWOT analysis?

Request Latest Insights in this report @ https://www.reportsanddata.com/request-latest-insight/1035

Global Glass Jars Market Segmentation:

Type Outlook:

• Rigid
• Semi Rigid
• Flexible

Applications Outlook:

• Medical
• Recreational 

Regional Analysis covers:

• North America
  • S.
  • Canada
  • Mexico
• Europe
  • Germany
  • Italy
  • K.
  • Rest of EU
• Asia Pacific
  • India
  • China
  • Japan
  • South Korea
  • Rest of APAC
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America
• Middle East Africa
  • Saudi Arabia
  • South Africa
  • A.E
  • Rest of MEA

Request a customization of the report @ https://www.reportsanddata.com/request-customization-form/1035

Thank you for reading our report. We also offer report customization as per client interest. Kindly connect to know more about the customization plan and avail the best suited report.

About Reports and Data 

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Contact:

John W, Head of Business Development
Reports And Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
LinkedIn | Twitter | Blogs