The number of users in the cannabis market in Thailand was forecast to continuously increase between 2024 and 2029 by in total 688.9 thousand users (+19.8 percent). After the tenth consecutive increasing year, the number of users is estimated to reach 4.2 million users and therefore a new peak in 2029. Notably, the number of users of the cannabis market was continuously increasing over the past years.
Data provided by Statista Market Insights are estimates.
Definition: The Cannabis market covers products derived from the cannabis plant used for medical or recreational purposes. These products may include dried flowers, oils, edibles, tinctures, and topicals. Depending on the regulations in each country or state, these products are provided by dispensaries, pharmacies, and/or online platforms. They may be consumed in the form of smoking, vaporizing, eating, or applying topically.
Structure: The market includes Medical, Pharmaceutical, and Recreational Cannabis as well as CBD Products. The Medical and Pharmaceutical Cannabis markets include products used to treat conditions such as chronic pain, mental disorders, and other medical conditions. The Recreational Cannabis and the the CBD Products markets include products used for personal enjoyment or leisure purposes. All cannabis markets include various forms of cannabis such as flowers, concentrates, edibles, and topicals.
Additional information: Market values represent the revenues generated by retail prices paid to vendors, either directly or through distribution channels (excluding VAT). Reported market revenues include spending by consumers (B2C), companies (B2B), and governments (B2G).
Company examples: Canopy Growth Corporation, Aurora Cannabis, Curaleaf Holdings, Tilray, Green Thumb Industries, Trulieve Cannabis, Verano Holdings.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Statista. (March 26, 2024). Number of cannabis users in Thailand from 2019 to 2029 (in millions) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1456403/thailand-number-of-cannabis-users
Statista. "Number of cannabis users in Thailand from 2019 to 2029 (in millions)." Chart. March 26, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1456403/thailand-number-of-cannabis-users
Statista. (2024). Number of cannabis users in Thailand from 2019 to 2029 (in millions). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1456403/thailand-number-of-cannabis-users
Statista. "Number of Cannabis Users in Thailand from 2019 to 2029 (in Millions)." Statista, Statista Inc., 26 Mar 2024, https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1456403/thailand-number-of-cannabis-users
Statista, Number of cannabis users in Thailand from 2019 to 2029 (in millions) Statista, https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1456403/thailand-number-of-cannabis-users (last visited November 10, 2024)
Number of cannabis users in Thailand from 2019 to 2029 (in millions) [Graph], Statista, March 26, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1456403/thailand-number-of-cannabis-users