As per this study the Global Blunt Wrap Market was valued USD XX MN (by revenue) in 2021 and is anticipated to reach USD XX MN by 2028 with a CAGR of XX%.
Blunt wrap refers to the sheet of paper wrapper used to hold blunt together and to keep it fresh. The blunt wrap is generally made from processed tobacco that may or may not impart flavor to the blunt. In some cases, it is wrapped or rolled around the plastic tube for better holding. The advantage of a blunt wrap is it easy to roll and burns slowly and evenly.
Rising count of the smokers across the globe is the major factor driving the market growth. Availability of a wide range of flavors to impart better smoking experience is further fueling the market demand. The shift in consumer preference towards blunts over cigarette is further pushing the market demand uphill. Also, stressed lifestyle leading the rise in smoking habit among the youth is again boosting the market growth. However, rising cases of cancer due to smoking coupled with the ban imposed on usage of tobacco and marijuana by the government of various countries are expected to hinder the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of blunt wrap.
The broad blunt wrap market has been sub-grouped into flavoring, application and retail channel. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- Flavored Blunt Wraps
- Unflavored Blunt Wraps
By Retail Channel
- Recreational Marijuana
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for the blunt wrap in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Blunt Wrap Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the blunt wrap market include BnB Enterprise, Durfort Holdings S.A., Marijuana Packaging, Slimjim Online, and Smokers heaven. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.