Cannabidiol (CBD) Logistics Service Market Scope
Cannabidiol or CBD is a naturally occurring chemical found in cannabis' resinous flower. CBD is connected to tetrahydrocannabinol (THC), the psychoactive ingredient. CBD is commonly believed to have health and therapeutic characteristics, and many companies are intending to introduce CBD-infused foods and beverages. CBD is also used to treat anxiety, pain, dystonia, Parkinson's disease, Crohn's disease, and a variety of other ailments, but there is no clear scientific evidence to back up these claims.
The Cannabidiol (CBD) Logistics Service market study is segmented by Type (Airlift, Transport by Land and Ocean Shipping), by Application (Clinic, Hospital, Enterprise, Factory and Other) and major geographies with country level break-up.
ShipBob, Capacity LLC, UPS are some of the major key players, which contribute their share in the market. Corporations utilize a variety of tactics to explore the market, including mergers and acquisitions, expansions, investments, new service launches, and collaborations. To acquire a competitive advantage through synergy, players are growing and acquiring businesses in new geographies.
ShipBob (United States), Capacity LLC (United States), UPS (United States), DHL (Germany), LogiChain Solutions (United States), Amware Fulfillment LLC (United States), Mile High Labs (United States), ShipWizard (United States), APS Fulfillment Inc (United States) and DCL Logistics (United States) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global Cannabidiol (CBD) Logistics Service market by Type, Application and Region.
On the basis of geography, the market of Cannabidiol (CBD) Logistics Service has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In Oct 2021, Mitsui & Co. and Capacity LLC, a premier technology-driven provider, have formed a strategic alliance. Mitsui USA is a wholly-owned subsidiary of Mitsui & Co., one of the world's most diverse trading, investment, and organization.
Market Trend
- Increasing Legalization of Cannabis-Based Product Services
Market Drivers
- High Demand for Cannabis-Related Pharmaceutical Products services
- Rising E-Commerce and transportation Industry
Opportunities
- Growing Investment and Investors in Cannabidiol (CBD) Logistics Service
Restraints
Challenges
- Strict Government Regulations
Key Target Audience
Regulatory & Government Bodies, End Users, Downstream Vendors and Corporate Entities