The recreational marijuana grow kits market caters to enthusiasts seeking to cultivate cannabis at home. These kits typically include essential components such as seeds, soil, nutrients, and equipment for indoor cultivation. Tailored for recreational users, these kits allow individuals to experience the entire growth process, from planting to harvest, fostering a deeper connection with the plant. They provide a convenient and educational solution for those interested in cultivating their own cannabis for personal enjoyment and relaxation.
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Data Bridge Market Research analyses that the North America Marijuana Grow Kits for Recreational Market which was USD 24.54 billion in 2022, is expected to reach USD 58.20 billion by 2030, and is expected to undergo a CAGR of 11.40% during the forecast period 2023 to 2030. Cultivating cannabis at home using grow kits ensures a discreet and private experience, empowering individuals to enjoy recreational marijuana with confidentiality and control over their cultivation practices
Key Findings of the Study
Usage of marijuana in the medical field is expected to drive the market's growth rate
With the increasing acceptance of marijuana for medicinal purposes, numerous manufacturers invest in indoor cultivation due to legal constraints. In many countries where marijuana is still illegal, companies acquire land for secure and discreet indoor production. This strategic shift enables them to harness marijuana's therapeutic properties for medicinal products while navigating legal restrictions. The medical field's embrace of marijuana has spurred a trend in indoor cultivation, providing a controlled environment for cultivating cannabis for pharmaceutical applications.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Product (Hydroponic LED Light Growing System, Grow Tent, Cloner Kit, Marijuana Plants Pots, Spectrum Hydroponic Light Bulb, Hanging Drying Rack, Others), End-User (Residential and Commercial)
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Countries Covered
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U.S., Canada and Mexico in North America
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Market Players Covered
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VIVOSUN (U.S.), Pretty Green Budz (U.S.), Gorilla Grow Tent (U.S.), California LightWorks (U.S.), BESTVA LED (U.S.), Black Dog Grow Technologies, Inc (U.S.), Mars Hydro (China), The Bud Grower (U.S.), TopoGrow (U.S.), ViparSpectra (Canada), Goldleaf Hydroponics (U.S.), BC Northern Lights (Canada), HTG Supply (U.S.), Grobo (Canada), Kind LED Grow Lights (U.S.)
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Segment Analysis:
The North America marijuana grow kits for recreational market is segmented on the basis of product and end-user.
- On the basis of product, the North America marijuana grow kits for recreational market is segmented into hydroponic LED light growing system, grow tent, cloner kit, marijuana plants pots, spectrum hydroponic light bulb, hanging drying rack, and others.
- On the basis of end-user, the North America marijuana grow kits for recreational market is segmented into residential and commercial
Major Players
Data Bridge Market Research recognizes the following companies as the major North America marijuana grow kits for recreational market players in North America marijuana grow kits for recreational market are ViparSpectra (Canada), Goldleaf Hydroponics (U.S.), BC Northern Lights (Canada), HTG Supply (U.S.), Grobo (Canada), Kind LED Grow Lights (U.S.)
Market Developments
- In April 2020, California LightWorks launched SaniPure UVC, an innovative sanitizing UVC light designed to safeguard plants from diseases. This strategic launch aims to expand the company's product portfolio within the market, demonstrating a commitment to providing cutting-edge solutions for plant health. SaniPure UVC represents a significant addition, enhancing California LightWorks' offerings and reinforcing its position in the industry
- In December 2019, Black Dog Grow Technologies, a Canadian LED grow lighting manufacturer, secured a substantial USD 250,000 investment from Florida-based private equity group, Fieldstone Equity. This funding injection facilitated product expansion, empowering the company to diversify its offerings in the rapidly growing market for advanced and efficient lighting solutions tailored to the unique needs of indoor cannabis cultivation
Regional Analysis
Geographically, the countries covered in the North America marijuana grow kits recreational market report are U.S., Canada and Mexico in North America.
As per Data Bridge Market Research analysis:
U.S. is the dominant country in North America marijuana grow kits for recreational market during the forecast period 2023-2030
U.S. dominates the North America marijuana grow kits recreational market in market share and CAGR. With marijuana legalization across states, many consumers opt for personal cultivation, steering clear of third-party retailers. This preference reflects a desire for self-sufficiency and uninterrupted access to marijuana, driving the U.S. to the forefront of the regional market for recreational grow kits.
For more detailed information about the North America marijuana grow kits for recreational market report, click here – https://www.databridgemarketresearch.com/ru/reports/north-america-marijuana-grow-kits-market
