APAC Cannabis Market, Market Segmented, by Product Type (Buds, Oil, Tinctures, Others), by Usage (Medical, and Recreational), by Crop Variety (Cannabis Indica, Cannabis Sativa, Others), and by Distribution Channel (Physical, Digital, Others)- Growth, Trends and Forecast, 2019-2028
- Published Date: 2022-12-26
- Report ID: 138326
- Pages: 200
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Format:
Report Overview
The APAC Cannabis market size stood at around USD $xx billion in 2019 and is projected to reach USD xx billion by 2028, exhibiting a CAGR of xx% during the forecast period
Cannabis is a type of drug that is obtained from plants such as cannabis indica and cannabis sativa. The active chemical present in the plant is tetrahydrocannabinol (THC). Cannabis plant has several medical as well as recreational usages. In medical, cannabis is reported to treat nausea, vomiting, chronic pains, asthma and many more diseases. The plant also has psychoactive and physiological effects when taken into the body
Market Drivers
Rising acceptance of medical cannabis, increasing discretionary expenses, and increasing expenses towards healthcare are positive signs to the growth rate of the market. Strict government laws in Asia-pacific countries such as India, China, and Japan to manufacture medical cannabis is a significant obstacle to the growth rate of the market to unleash completely
1. APAC Cannabis Market Overview
A. Market Size
2. APAC Cannabis Growth Drivers and Restraints
A. Rising acceptance of medical cannabis, increasing discretionary expenses, and increasing expenses towards healthcare
B. Strict government laws in Asia-pacific countries such as India, China, and Japan to manufacture medical cannabis
3. APAC Cannabis Segmentation
A. By Product Type
I. Buds
II. Oil
III. Tinctures
IV. Others
B. By Usage
I. Medical
II. Recreational
C. By Crop Variety
I. Cannabis Indica
II. Cannabis Sativa
III. Others
D. By Distribution Channel
I. Physical
II. Digital
III. Others
4. APAC Cannabis Market Share
A. Market Analysis, Insights and Forecast by Revenue
5. Competitive Landscape
A. Major Players
B. Products in Pipeline
6. Key Company Profiles..
A. O.penVAPE Shop, Company overview, Product & Services, Strategies & Financials
B. The Cronos Group, Company overview, Product & Services, Strategies & Financials
C. Tilray, Company overview, Product & Services, Strategies & Financials
7. Healthcare Policies and Regulatory Landscape.
A. Policy Changes and Reimbursement Scenario
8. Factors Driving Market Growth
A. Key Industry Developments
B. Mergers and Acquisitions
9. Potential Growth Opportunities
A. Market Opportunities
B. Future Trends
10. Conclusion
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