[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Cannabis Tourism Market Size, Share & Trends Analysis Report By Age Group (18 to 24, 25 to 44, 45 years+), By Distribution Channel (Privately Owned, Government-owned, Grocery/Supermarket, Pharmacies), By Country, And Segment Forecasts, 2024 - 2030

July 2024 | 145 pages | ID: C5316EAC154EEN
Grand View Research, Inc.

US$ 5,950.00

E-mail Delivery (PDF)

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
This report can be delivered to the clients within 6 Business Days

Cannabis Tourism Market Growth & Trends

The cannabis tourism market size is anticipated t%li%reach USD 23.73 billion by 2030, registering a CAGR of 12.38% during the forecast period, according t%li%a new report by Grand View Research, Inc. The growing number of cannabis users, particularly among the younger demographic, is expected t%li%drive the market. For instance, the cannabis survey from Canada showed that cannabis usage was reported by 38.4% of adults aged 18 t%li%24 and 34.5% of those aged 25 t%li%44 in 2023; in contrast, only 15.5% of individuals aged 45 and older reported using cannabis. In addition, daily or almost daily cannabis use was reported by 8.7% of the 18 t%li%24 age group and 10.3% of the 25 t%li%44 age group, compared t%li%4.8% of adults aged 45 and older. Thus, such a growing number of cannabis users is expected t%li%drive the market growth over the forecast period.

Destinations are capitalizing on this trend by introducing a variety of cannabis-centric offerings, such as farm visits, 'bud and breakfast' accommodations, cannabis-centric festivals, and culinary events. This sector is expected t%li%see sustained growth as more countries move towards legalizing cannabis, further expanding the market.

Moreover, the cannabis tourism market is expected t%li%experience substantial growth as the legalization of cannabis continues t%li%spread globally. In countries such as Uruguay, where cannabis consumption has increased since legalization, more people are turning t%li%cannabis for both recreational and medicinal purposes. The shift towards acceptance and normalization of cannabis use has reduced reliance on the illicit market, providing legal access t%li%a broader range of products for consumers. This changing attitude towards cannabis is expected t%li%drive the growth of the cannabis tourism industry in the coming years.

Cannabis Tourism Market Report Highlights
          • Based on the age group, the 25 t%li%44 segment dominated the market in 2023 and is likely t%li%witness the fastest CAGR from 2024 t%li%2030 due t%li%their high rates of cannabis consumption, rising disposable income, and acceptance of cannabis as part of their travel & leisure activities
      • The privately owned distribution channel segment accounted for the largest revenue share in 2023 and is expected t%li%witness the fastest CAGR during the forecast period. Privately owned dispensaries and tour operators offer a more personalized and customized experience for cannabis tourists, catering t%li%their preferences and needs
    • The U.S. held the largest market share in 2023 due t%li%the favorable cultivation norms in major cannabis-producing states like Florida, Oregon, Nevada, California, Washington, and Colorado, along with the legalization of recreational marijuana
CHAPTER 1. METHODOLOGY AND SCOPE

1.1. Market Segmentation & Scope
1.2. Segment Definitions
1.3. Estimates and Forecast Timeline
1.4. Research Methodology
1.5. Information Procurement
  1.5.1. Purchased Database
  1.5.2. GVR’s Internal Database
  1.5.3. Secondary Sources
  1.5.4. Primary Research
1.6. Information Analysis
  1.6.1. Data Analysis Models
1.7. Market Formulation & Data Visualization
1.8. Model Details
  1.8.1.Volume Price Analysis
1.9. List of Secondary Sources
1.10. Objectives

CHAPTER 2. EXECUTIVE SUMMARY

2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot

CHAPTER 3. MARKET VARIABLES, TRENDS, & SCOPE

3.1. Market Lineage Outlook
3.2. Market Dynamics
  3.2.1. Market Driver Analysis
    3.2.1.1. Increasing legalization of cannabis across the globe
    3.2.1.2. Changing consumer attitudes
    3.2.1.3. Emergence of cannabis-friendly accommodations and experience
    3.2.1.4. Rising number of cannabis farms or cultivators due to legalization
  3.2.2. Market Restraint Analysis
    3.2.2.1. Stigma and negative perceptions
    3.2.2.2.Regulatory challenges
3.3. Business Environment Analysis
  3.3.1. Porter’s Five Forces Analysis
    3.3.1.1. Supplier power
    3.3.1.2. Buyer power
    3.3.1.3. Substitution threat
    3.3.1.4. Threat of new entrant
    3.3.1.5. Competitive rivalry
  3.3.2. PESTEL Analysis

CHAPTER 4. AGE GROUP BUSINESS ANALYSIS

4.1. Age Group Market Share, 2023 & 2030
4.2. Age Group Segment Dashboard
4.3. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
4.4. 18 to
  4.4.1. 18 to 24 Market, 2018 – 2030 (USD Million)
4.5. 25 to
  4.5.1. 25 to 44 Market, 2018 – 2030 (USD Million)
4.6. 45 years +
  4.6.1. 45 years + Market, 2018 – 2030 (USD Million)

CHAPTER 5. DISTRIBUTION CHANNEL BUSINESS ANALYSIS

5.1. Distribution Channel Market Share, 2023 & 2030
5.2. Distribution Channel Segment Dashboard
5.3. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
5.4. Privately Owned
  5.4.1. Privately Owned Market, 2018 – 2030 (USD Million)
5.5. Government-owned
  5.5.1. Government-owned Market, 2018 – 2030 (USD Million)
5.6. Grocery /Supermarket
  5.6.1. Grocery/Supermarket Market, 2018 – 2030 (USD Million)
5.7. Pharmacies
  5.7.1. Pharmacies Market, 2018 – 2030 (USD Million)

CHAPTER 6. COUNTRY BUSINESS ANALYSIS

6.1. Country Market Share Analysis, 2023 & 2030
6.2. Country Market Dashboard
6.3. Market Size, & Forecasts Trend Analysis, 2018 to 2030:
6.4. U.S.
  6.4.1. Key Country Dynamic
  6.4.2. Regulatory Framework
  6.4.3. Competitive Insights
  6.4.4. U.S. Cannabis Tourism Market, 2018 - 2030 (USD Million)
6.5. Canada
  6.5.1. Key Country Dynamic
  6.5.2. Regulatory Framework
  6.5.3. Competitive Insights
  6.5.4. Canada Cannabis Tourism Market, 2018 - 2030 (USD Million)
6.6. Germany
  6.6.1. Key Country Dynamic
  6.6.2. Regulatory Framework
  6.6.3. Competitive Insights
  6.6.4. Germany Cannabis Tourism Market, 2018 - 2030 (USD Million)
6.7. Jamaica
  6.7.1. Key Country Dynamic
  6.7.2. Regulatory Framework
  6.7.3. Competitive Insights
  6.7.4. Jamaica Cannabis Tourism Market, 2018 - 2030 (USD Million)
6.8. Malta
  6.8.1. Key Country Dynamic
  6.8.2. Regulatory Framework
  6.8.3. Competitive Insights
  6.8.4. Malta Cannabis Tourism Market, 2018 - 2030 (USD Million)
6.9. Uruguay
  6.9.1. Key Country Dynamic
  6.9.2. Regulatory Framework
  6.9.3. Competitive Insights
  6.9.4. Uruguay Cannabis Tourism Market, 2018 - 2030 (USD Million)
6.10. Luxembourg
  6.10.1. Key Country Dynamic
  6.10.2. Regulatory Framework
  6.10.3. Competitive Insights
  6.10.4. Luxembourg Cannabis Tourism Market, 2018 - 2030 (USD Million)
6.11. South Africa
  6.11.1. Key Country Dynamic
  6.11.2. Regulatory Framework
  6.11.3. Competitive Insights
  6.11.4. South Africa Cannabis Tourism Market, 2018 - 2030 (USD Million)
6.12. The Netherlands
  6.12.1. Key Country Dynamic
  6.12.2. Regulatory Framework
  6.12.3. Competitive Insights
  6.12.4. The Netherlands Cannabis Tourism Market, 2018 - 2030 (USD Million)
6.13. Thailand
  6.13.1. Key Country Dynamic
  6.13.2. Regulatory Framework
  6.13.3. Competitive Insights
  6.13.4. Thailand Cannabis Tourism Market, 2018 - 2030 (USD Million)

CHAPTER 7. COMPETITIVE LANDSCAPE

7.1. Participant Overview
7.2. Company Market Position Analysis
7.3. Company Categorization
7.4. Strategy Mapping
7.5. Company Profiles/Listing
  7.5.1. Discover Southern Humboldt
    7.5.1.1. Overview
    7.5.1.2. Financial Performance
    7.5.1.3. Service Benchmarking
    7.5.1.4. Strategic Initiatives
  7.5.2. Bud and Breakfast
    7.5.2.1. Overview
    7.5.2.2. Financial Performance
    7.5.2.3. Service Benchmarking
    7.5.2.4. Strategic Initiatives
  7.5.3. Emerald Farm Tours, LLC.
    7.5.3.1. Overview
    7.5.3.2. Financial Performance
    7.5.3.3. Service Benchmarking
    7.5.3.4. Strategic Initiatives
  7.5.4. Niagara Weed & Wine.
    7.5.4.1. Overview
    7.5.4.2. Financial Performance
    7.5.4.3. Service Benchmarking
    7.5.4.4. Strategic Initiatives
  7.5.5. Okanagan Cannabis Tours
    7.5.5.1. Overview
    7.5.5.2. Financial Performance
    7.5.5.3. Service Benchmarking
    7.5.5.4. Strategic Initiatives
  7.5.6. Victoria Cannabis Tours Ltd.
    7.5.6.1. Overview
    7.5.6.2. Financial Performance
    7.5.6.3. Service Benchmarking
    7.5.6.4. Strategic Initiatives
  7.5.7. GanjaVacations
    7.5.7.1. Overview
    7.5.7.2. Financial Performance
    7.5.7.3. Service Benchmarking
    7.5.7.4. Strategic Initiatives
  7.5.8. USA Weed.org
    7.5.8.1. Overview
    7.5.8.2. Financial Performance
    7.5.8.3. Service Benchmarking
    7.5.8.4. Strategic Initiatives
  7.5.9. Del Mundo Cannabis
    7.5.9.1. Overview
    7.5.9.2. Financial Performance
    7.5.9.3. Service Benchmarking
    7.5.9.4. Strategic Initiatives
  7.5.10. Canopy Growth Corp
    7.5.10.1. Overview
    7.5.10.2. Financial Performance
    7.5.10.3. Service Benchmarking
    7.5.10.4. Strategic Initiatives
  7.5.11. VISIT MODESTO
    7.5.11.1. Overview
    7.5.11.2. Financial Performance
    7.5.11.3. Service Benchmarking
    7.5.11.4. Strategic Initiatives
  7.5.12. TPCO Holding Corp.
    7.5.12.1. Overview
    7.5.12.2. Financial Performance
    7.5.12.3. Service Benchmarking
    7.5.12.4. Strategic Initiatives
LIST OF TABLES


Table 1. List of secondary sources
Table 2. List of abbreviations
Table 3. Cannabis tourism market, by age group, 2018 - 2030 (USD Million)
Table 4. Cannabis tourism market, by distribution channel, 2018 - 2030 (USD Million)
Table 5. Cannabis tourism market, by country, 2018 - 2030 (USD Million)
Table 6. U.S. cannabis tourism market, by age group, 2018 - 2030 (USD Million)
Table 7. U.S. cannabis tourism market, by distribution channel, 2018 - 2030 (USD Million)
Table 8. Canada cannabis tourism market, by age group, 2018 - 2030 (USD Million)
Table 9. Canada cannabis tourism market, by distribution channel, 2018 - 2030 (USD Million)
Table 10. Germany cannabis tourism market, by age group, 2018 - 2030 (USD Million)
Table 11. Germany cannabis tourism market, by distribution channel, 2018 - 2030 (USD Million)
Table 12. Jamaica cannabis tourism market, by age group, 2018 - 2030 (USD Million)
Table 13. Jamaica cannabis tourism market, by distribution channel, 2018 - 2030 (USD Million)
Table 14. Malta cannabis tourism market, by age group, 2018 - 2030 (USD Million)
Table 15. Malta cannabis tourism market, by distribution channel, 2018 - 2030 (USD Million)
Table 16. Uruguay cannabis tourism market, by age group, 2018 - 2030 (USD Million)
Table 17. Uruguay cannabis tourism market, by distribution channel, 2018 - 2030 (USD Million)
Table 18. Luxembourg cannabis tourism market, by age group, 2018 - 2030 (USD Million)
Table 19. Luxembourg cannabis tourism market, by distribution channel, 2018 - 2030 (USD Million)
Table 20. South Africa cannabis tourism market, by age group, 2018 - 2030 (USD Million)
Table 21. South Africa cannabis tourism market, by distribution channel, 2018 - 2030 (USD Million)
Table 22. The Netherlands cannabis tourism market, by age group, 2018 - 2030 (USD Million)
Table 23. The Netherlands cannabis tourism market, by distribution channel, 2018 - 2030 (USD Million)
Table 24. Thailand cannabis tourism market, by age group, 2018 - 2030 (USD Million)
Table 25. Thailand cannabis tourism market, by distribution channel, 2018 - 2030 (USD Million)
LIST OF FIGURES


Fig. 1 Market segmentation
Fig. 2 Information procurement
Fig. 3 Data analysis models
Fig. 4 Market formulation and validation
Fig. 5 Data validating & publishing
Fig. 6 Market snapshot
Fig. 7 Segmental outlook -Location, and Service
Fig. 8 Competitive Outlook
Fig. 9 Pipeline integrity management market outlook, 2018 - 2030 (Kilotons)
Fig. 10 Value chain analysis
Fig. 11 Market dynamics
Fig. 12 Porter’s Analysis
Fig. 13 PESTEL Analysis
Fig. 14 Pipeline integrity management market, by location: Key takeaways
Fig. 15 Pipeline integrity management market, by location: Market share, 2023 & 2030
Fig. 16 Pipeline integrity management market, by service: Key takeaways
Fig. 17 Pipeline integrity management market, by service: Market share, 2023 & 2030
Fig. 18 Pipeline integrity management market, by region: Key takeaways
Fig. 19 Pipeline integrity management market: Regional analysis, 2023 & 2030


More Publications