Marijuana Drying & Curing Equipment Market Size, Share, Trends, Growth 2032

Marijuana Drying & Curing Equipment Industry Prospective:

The global marijuana drying & curing equipment market size was worth around USD 79.78 million in 2023 and is predicted to grow to around USD 134.79 million by 2032 with a compound annual growth rate (CAGR) of roughly 6% between 2024 and 2032.

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In order to give the users of this report a comprehensive view of the marijuana drying & curing equipment market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Marijuana Drying & Curing Equipment Market: Growth Drivers

After harvesting cannabis plants, before the curing of the buds the plants undergo a process of drying. Marijuana retains its chlorophyll even after it is harvested, which makes it unsuitable for smoking. Thus, the plants undergo the drying process. There are different processes and methods for drying marijuana plants. In all the methods, the duration of the drying process and environment quality lead to quality products. After the plant is dried, the buds then undergo curing stage, which is completely different from drying. The buds are placed in glass jars for a couple of weeks to enhance the product’s potency and flavor during the curing method.

The global marijuana drying & curing equipment market is likely to experience rapid growth, mainly in developing nations, in the future. The growing acceptance of medical marijuana is the primary factor influencing the marijuana drying & curing equipment market development. Medical marijuana utilizes marijuana chemicals to treat various medical conditions and diseases. Medical marijuana is same as recreational marijuana, but it's prescribed strictly for medical purposes. Cannabidiol (CBD) and Delta-9-tetrahydrocannabinol (THC) are two crucial chemicals that are used in medical marijuana.

Additionally, the rising legalization of cannabis/hemp in developed countries like the U.S. is positively impacting the market development. Furthermore, stringent quality control measures during cannabis cultivation are also boosting the global marijuana drying & curing equipment market. However, high initial investments needed for marijuana drying & curing equipment may hinder this global market’s growth in the future.

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The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new technology launch, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis. Moreover, the study covers price trend analysis and product portfolio of various companies according to regions.

Marijuana Drying & Curing Equipment Market: Segmentation

The study provides a decisive view of the marijuana drying & curing equipment market by segmenting it based on marijuana type, product type, application, and region.

Based on marijuana type, the marijuana drying & curing equipment market includes medical and recreational.

On the basis of product type, the market is categorized into oil, bud, and tinctures. By application, the market is bifurcated into chronic pain, mental disorders, cancer, and others.

Marijuana Drying & Curing Equipment Market: Report Scope

Marijuana Drying & Curing Equipment Market: Regional Analysis

The regional segment includes the historic and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Majority of the market revenue was contributed by North America in 2018 and is expected to continue its regional authority in the upcoming years as well. The regional market growth is attributed to the increasing consumption of medical and recreational marijuana across the region. Moreover, the growing cannabis cultivation is also expected to boost this regional market in the years ahead. The Asia Pacific marijuana drying & curing equipment market is expected to grow significantly in the future, owing to the growing acceptance of medical marijuana in the Southeast Asian nations. Thailand was the first Southeast nation to legalize the use of medical marijuana.

Marijuana Drying & Curing Equipment Market: Competitive Analysis

The global marijuana drying & curing equipment market is led by players like:

• Cann Systems
• Darwin Chambers
• Conviron
• Autocure
• Yofumo Technologies
• DHydra Technologies
• EnWave Corporation
• HARTER
• Protein Solutions

This report segments the global marijuana drying & curing equipment market into:

Global Marijuana Drying & Curing Equipment Market: Marijuana Type Analysis

• Medical
• Recreational

Global Marijuana Drying & Curing Equipment Market: Product Type Analysis

• Buds
• Oil
• Tinctures

Global Marijuana Drying & Curing Equipment Market: Application Analysis

• Chronic Pain
• Mental Disorders
• Cancer
• Others

Global Marijuana Drying & Curing Equipment Market: Regional Analysis

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa