Market revenue in 2023 | USD 1,627.0 million |
Market revenue in 2030 | USD 8,818.9 million |
Growth rate | 27.3% (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 |
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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 50.76% in 2023. Horizon Databook has segmented the Thailand cbd pouches market based on upto 10 mg, 10 mg -20 mg covering the revenue growth of each sub-segment from 2018 to 2030.
Thailand has made significant strides in legalizing and regulating CBD products. In 2020, Thailand removed hemp with a THC content of less than 0.2% from its list of controlled substances, paving the way for the legal sale and consumption of CBD products.
This regulatory clarity has boosted consumer confidence and market growth. Factors such as urbanization, work pressure, and lifestyle changes have contributed to increased stress levels among the population in Thailand. CBD pouches are being sought after as a convenient and discreet way to manage stress and anxiety, driving their popularity in the market.
Horizon Databook provides a detailed overview of country-level data and insights on the Thailand cbd pouches market, including forecasts for subscribers. This country databook contains high-level insights into Thailand cbd pouches market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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