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Cannabis in Asia-Pacific

Publisher GlobalData
Published Aug 07, 2025
Length 42 Pages
SKU # GBDT20492630

Description

Cannabis in Asia-Pacific

Summary

Cannabis in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • Cannabis refers to a group of three psychoactive plants: Cannabis sativa, Cannabis indica, and Cannabis ruderalis. Our market scope includes both recreational and medicinal uses of cannabis, which are governed by regulated operations. This encompasses licensing, taxation, and strict adherence to safety standards. Market value refers to revenue generated by market players in a specific year.
  • The Asia-Pacific cannabis market recorded revenues of $882.2 million in 2024, representing a compound annual growth rate (CAGR) of 25.1% between 2019 and 2024.
  • The medical use segment accounted for the market's largest proportion in 2024, with total revenues of $879.8 million, equivalent to 99.7% of the market's overall value.
  • The Asia-Pacific cannabis market witnessed a strong growth during 2019-24, driven by the increasing consumer acceptance of cannabis for medical and recreational use, and a rise in disposable income.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the cannabis market in Asia-Pacific
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the cannabis market in Asia-Pacific
  • Leading company profiles reveal details of key cannabis market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Asia-Pacific cannabis market with five year forecasts by both value and volume
Reasons to Buy
  • What was the size of the Asia-Pacific cannabis market by value in 2024?
  • What will be the size of the Asia-Pacific cannabis market in 2029?
  • What factors are affecting the strength of competition in the Asia-Pacific cannabis market?
  • How has the market performed over the last five years?
  • Who are the top competitiors in Asia-Pacific's cannabis market?

Table of Contents

42 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the recent developments in the market?
8 Company Profiles
8.1. AusCann Group Holdings Ltd
8.2. Tilray Brands Inc
8.3. Cann Group Ltd
8.4. Aurora Cannabis Inc
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related GlobalData research
10.4. About GlobalData
List of Tables
Table 1: Asia-Pacific cannabis market value: $ million, 2019-24
Table 2: Asia-Pacific cannabis market category segmentation: % share, by value, 2019-24
Table 3: Asia-Pacific cannabis market category segmentation: $ million, 2019-24
Table 4: Asia-Pacific cannabis market geography segmentation: $ million, 2024
Table 5: Asia-Pacific cannabis market value forecast: $ million, 2024-29
Table 6: AusCann Group Holdings Ltd: Key Facts
Table 7: AusCann Group Holdings Ltd: key employees
Table 8: Tilray Brands Inc: Key Facts
Table 9: Tilray Brands Inc: annual financial ratios
Table 10: Tilray Brands Inc: key employees
Table 11: Cann Group Ltd: Key Facts
Table 12: Cann Group Ltd: annual financial ratios
Table 13: Cann Group Ltd: key employees
Table 14: Aurora Cannabis Inc: Key Facts
Table 15: Aurora Cannabis Inc: annual financial ratios
Table 16: Aurora Cannabis Inc: key employees
Table 17: Asia-Pacific Exchange Rate, 2019-24
List of Figures
Figure 1: Asia-Pacific cannabis market value: $ million, 2019-24
Figure 2: Asia-Pacific cannabis market category segmentation: $ million, 2019-24
Figure 3: Asia-Pacific cannabis market geography segmentation: % share, by value, 2024
Figure 4: Asia-Pacific cannabis market value forecast: $ million, 2024-29
Figure 5: Forces driving competition in the cannabis market in Asia-Pacific, 2024
Figure 6: Drivers of buyer power in the cannabis market in Asia-Pacific, 2024
Figure 7: Drivers of supplier power in the cannabis market in Asia-Pacific, 2024
Figure 8: Factors influencing the likelihood of new entrants in the cannabis market in Asia-Pacific, 2024
Figure 9: Factors influencing the threat of substitutes in the cannabis market in Asia-Pacific, 2024
Figure 10: Drivers of degree of rivalry in the cannabis market in Asia-Pacific, 2024

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