Japan Cbd Pouches Market Size & Outlook, 2023-2030
Japan cbd pouches market, 2018-2030 (US$M)
Related Markets
Japan cbd pouches market highlights
- The Japan cbd pouches market generated a revenue of USD 534.9 million in 2023 and is expected to reach USD 1,970.9 million by 2030.
- The Japan market is expected to grow at a CAGR of 20.5% from 2024 to 2030.
- In terms of segment, 10 mg -20 mg was the largest revenue generating cbd content in 2023.
- 10 mg -20 mg is the most lucrative cbd content segment registering the fastest growth during the forecast period.
Cbd pouches market data book summary
| Market revenue in 2023 | USD 534.9 million |
| Market revenue in 2030 | USD 1,970.9 million |
| Growth rate | 20.5% (CAGR from 2023 to 2030) |
| Largest segment | 10 mg -20 mg |
| Fastest growing segment | 10 mg -20 mg |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Upto 10 mg, 10 mg -20 mg |
| Key market players worldwide | Swedish Match, Metolius, Canna Flora Hemp, Canndid, Cannadips |
Other key industry trends
- In terms of revenue, Japan accounted for 0.9% of the global cbd pouches market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Thailand cbd pouches market is projected to lead the regional market in terms of revenue in 2030.
- Thailand is the fastest growing regional market in Asia Pacific and is projected to reach USD 8,818.9 million by 2030.
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CBD Pouches Market Scope
CBD Pouches Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Japan cbd pouches market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cbd pouches market will help companies and investors design strategic landscapes.
10 mg -20 mg was the largest segment with a revenue share of 49.28% in 2023. Horizon Databook has segmented the Japan cbd pouches market based on upto 10 mg, 10 mg -20 mg covering the revenue growth of each sub-segment from 2018 to 2030.
Japan has been gradually easing restrictions on CBD products, leading to increased availability, and consumer accessibility and awareness. The evolving regulatory landscape is expected to fuel the growth of the CBD pouches market in the country.
There are also no restrictions on the advertisement of CBD in this region. According to an article by Chambers and Partners, in Japan, there are no specific regulations governing the advertising of CBD products derived from mature cannabis plant stems, which fall outside the scope of the Cannabis Control Act.
As a result, advertisements for such products are not prohibited and can be observed in the country. Furthermore, there are no explicit guidelines concerning the packaging or labeling of legally permissible CBD items.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan cbd pouches market, including forecasts for subscribers. This country databook contains high-level insights into Japan cbd pouches market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan cbd pouches market report size, by cbd content, 2018-2030 (US$M)
Japan CBD Pouches Market Share, 2023 & 2030 (US$M)
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