Regional Analysis
Marijuana Cigarette Market Regional Insights
- North America is the largest market for marijuana cigarettes, accounting for over 40% of the global market share in 2022. This is due to the legalization of recreational and medical marijuana in several states in the U.S., as well as the growing popularity of vaping and other alternative smoking methods.
- Europe is the second largest market for marijuana cigarettes, with a market share of over 25% in 2022. The market in Europe is expected to grow at a CAGR of over 6% during the forecast period, driven by the legalization of marijuana in several countries, such as The Netherlands, and Portugal.
- Asia Pacific is the third largest market for marijuana cigarettes, with a market share of over 15% in 2022. The market in Asia Pacific is expected to grow at a CAGR of over 8% during the forecast period, driven by the increasing disposable income of consumers, the growing popularity of Western culture, and the legalization of marijuana in several countries, such as Thailand, South Korea, and India.
Geographies covered: |
- North America: U.S. and Canada
- Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
- Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
- Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
- Middle East & Africa: GCC Countries, Israel, South Africa, North Africa, Central Africa, and Rest of Middle East
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India : 