| Product Code: ETC6652271 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Canada`s import trend for the cannabis light market experienced significant growth from 2023 to 2024, with a notable increase of 257.14%. The compound annual growth rate (CAGR) for the period of 2020 to 2024 stood at 5.74%. This surge in imports can be attributed to shifting consumer preferences towards cannabis products and favorable trade policies supporting market expansion.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Canada Cannabis Light Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Cannabis Light Market Revenues & Volume, 2022 & 2032F |
3.3 Canada Cannabis Light Market - Industry Life Cycle |
3.4 Canada Cannabis Light Market - Porter's Five Forces |
3.5 Canada Cannabis Light Market Revenues & Volume Share, By Lighting Technology, 2022 & 2032F |
3.6 Canada Cannabis Light Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Canada Cannabis Light Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing legalization of cannabis for recreational and medical use in Canada |
4.2.2 Growing consumer awareness about the benefits of cannabis light products |
4.2.3 Expansion of distribution channels and retail outlets for cannabis light products |
4.3 Market Restraints |
4.3.1 Stringent regulations and compliance requirements in the cannabis industry |
4.3.2 Limited availability of banking and financial services for cannabis businesses |
4.3.3 Intense competition among cannabis light product manufacturers and retailers |
5 Canada Cannabis Light Market Trends |
6 Canada Cannabis Light Market, By Types |
6.1 Canada Cannabis Light Market, By Lighting Technology |
6.1.1 Overview and Analysis |
6.1.2 Canada Cannabis Light Market Revenues & Volume, By Lighting Technology, 2022-2032F |
6.1.3 Canada Cannabis Light Market Revenues & Volume, By Light Emitting Diodes (LEDs), 2022-2032F |
6.1.4 Canada Cannabis Light Market Revenues & Volume, By T5 High Output Fluorescent Light, 2022-2032F |
6.1.5 Canada Cannabis Light Market Revenues & Volume, By Ceramic Metal Halide Light, 2022-2032F |
6.1.6 Canada Cannabis Light Market Revenues & Volume, By Compact Fluorescent Light, 2022-2032F |
6.1.7 Canada Cannabis Light Market Revenues & Volume, By Magnetic Induction Light, 2022-2032F |
6.1.8 Canada Cannabis Light Market Revenues & Volume, By Other Lighting Preferences, 2022-2032F |
6.2 Canada Cannabis Light Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Canada Cannabis Light Market Revenues & Volume, By Greenhouse, 2022-2032F |
6.2.3 Canada Cannabis Light Market Revenues & Volume, By Indoor, 2022-2032F |
6.2.4 Canada Cannabis Light Market Revenues & Volume, By Vertical Farming, 2022-2032F |
7 Canada Cannabis Light Market Import-Export Trade Statistics |
7.1 Canada Cannabis Light Market Export to Major Countries |
7.2 Canada Cannabis Light Market Imports from Major Countries |
8 Canada Cannabis Light Market Key Performance Indicators |
8.1 Number of new cannabis light product launches in the market |
8.2 Percentage of consumers who are aware of cannabis light products |
8.3 Growth in the number of retail outlets carrying cannabis light products |
9 Canada Cannabis Light Market - Opportunity Assessment |
9.1 Canada Cannabis Light Market Opportunity Assessment, By Lighting Technology, 2022 & 2032F |
9.2 Canada Cannabis Light Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Canada Cannabis Light Market - Competitive Landscape |
10.1 Canada Cannabis Light Market Revenue Share, By Companies, 2025 |
10.2 Canada Cannabis Light Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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