Sweden Cbd Pouches Market Size & Outlook, 2023-2030
Sweden cbd pouches market, 2018-2030 (US$M)
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Sweden cbd pouches market highlights
- The Sweden cbd pouches market generated a revenue of USD 2,165.1 million in 2023 and is expected to reach USD 11,621.9 million by 2030.
- The Sweden market is expected to grow at a CAGR of 27.1% 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 2,165.1 million |
| Market revenue in 2030 | USD 11,621.9 million |
| Growth rate | 27.1% (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, Sweden accounted for 3.5% 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 Europe, UK cbd pouches market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 24,950.2 million by 2030.
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CBD Pouches Market Scope
CBD Pouches Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Sweden 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 49.29% in 2023. Horizon Databook has segmented the Sweden cbd pouches market based on upto 10 mg, 10 mg -20 mg covering the revenue growth of each sub-segment from 2018 to 2030.
Sweden's approach to CBD and its legal status significantly impacts the market. The country aligns with EU regulations, which allow for the sale of CBD products with THC levels below 0.3%. This regulatory framework has enabled companies to operate in a relatively stable environment, focusing on innovation and compliance.
For instance, Cannadips Europe, a company known for its CBD-infused pouches, has been able to enter and expand within the Swedish market by adhering to these regulations. The increasing consumer focus on health and wellness is a significant driver.
Many Swedes are looking for natural and alternative solutions for pain relief, anxiety, and other health issues. CBD pouches are perceived as a convenient and discreet way to consume CBD and address these concerns.
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Horizon Databook provides a detailed overview of country-level data and insights on the Sweden cbd pouches market, including forecasts for subscribers. This country databook contains high-level insights into Sweden cbd pouches market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Sweden cbd pouches market report size, by cbd content, 2018-2030 (US$M)
Sweden CBD Pouches Market Share, 2023 & 2030 (US$M)
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