Product Code: ETC8836901 | Publication Date: Sep 2024 | Updated Date: May 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The cannabis light market, centered on low-THC, high-CBD products, is expanding in response to rising interest in wellness and relaxation without intoxication. This segment appeals to health-conscious consumers and could grow as awareness increases.
The Cannabis Light Market in the Philippines refers to products made with low-THC, high-CBD cannabis strains, which offer wellness benefits without psychoactive effects. This segment has seen rapid growth globally, particularly in countries with partial legalization. In the Philippines, it holds promise as a wellness trend if regulations adapt to allow the marketing and sale of CBD products.
The cannabis light market in the Philippines encounters challenges related to its legal status, as cannabis products with low THC content are still subject to restrictive regulations. The lack of clarity in the legal framework around cannabis light products prevents companies from fully capitalizing on market opportunities. Additionally, there is limited awareness among consumers regarding the benefits and safety of cannabis light products, which hampers demand. The high cost of production and difficulty in sourcing quality hemp or cannabis materials further complicate the markets development.
The cannabis light market in the Philippines is an emerging opportunity driven by the increasing demand for low-THC cannabis products. As cannabis regulations evolve, the market for cannabis light, which offers the therapeutic benefits of CBD without the psychoactive effects of THC, is expanding. Investments in the production and distribution of cannabis light products could offer significant returns as consumer awareness and demand for these products grow.
Cannabis light products, often containing very low THC, are also subject to Philippine drug laws. The DDB and PDEA do not differentiate between low-THC and high-THC cannabis under current regulations, making all cannabis-based products illegal. Changes in this area would require amendments to national drug policies and clear guidelines from the DOH.
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 Philippines Cannabis Light Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Cannabis Light Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Cannabis Light Market - Industry Life Cycle |
3.4 Philippines Cannabis Light Market - Porter's Five Forces |
3.5 Philippines Cannabis Light Market Revenues & Volume Share, By Lighting Technology, 2021 & 2031F |
3.6 Philippines Cannabis Light Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Cannabis Light Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Cannabis Light Market Trends |
6 Philippines Cannabis Light Market, By Types |
6.1 Philippines Cannabis Light Market, By Lighting Technology |
6.1.1 Overview and Analysis |
6.1.2 Philippines Cannabis Light Market Revenues & Volume, By Lighting Technology, 2021- 2031F |
6.1.3 Philippines Cannabis Light Market Revenues & Volume, By Light Emitting Diodes (LEDs), 2021- 2031F |
6.1.4 Philippines Cannabis Light Market Revenues & Volume, By T5 High Output Fluorescent Light, 2021- 2031F |
6.1.5 Philippines Cannabis Light Market Revenues & Volume, By Ceramic Metal Halide Light, 2021- 2031F |
6.1.6 Philippines Cannabis Light Market Revenues & Volume, By Compact Fluorescent Light, 2021- 2031F |
6.1.7 Philippines Cannabis Light Market Revenues & Volume, By Magnetic Induction Light, 2021- 2031F |
6.1.8 Philippines Cannabis Light Market Revenues & Volume, By Other Lighting Preferences, 2021- 2031F |
6.2 Philippines Cannabis Light Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Cannabis Light Market Revenues & Volume, By Greenhouse, 2021- 2031F |
6.2.3 Philippines Cannabis Light Market Revenues & Volume, By Indoor, 2021- 2031F |
6.2.4 Philippines Cannabis Light Market Revenues & Volume, By Vertical Farming, 2021- 2031F |
7 Philippines Cannabis Light Market Import-Export Trade Statistics |
7.1 Philippines Cannabis Light Market Export to Major Countries |
7.2 Philippines Cannabis Light Market Imports from Major Countries |
8 Philippines Cannabis Light Market Key Performance Indicators |
9 Philippines Cannabis Light Market - Opportunity Assessment |
9.1 Philippines Cannabis Light Market Opportunity Assessment, By Lighting Technology, 2021 & 2031F |
9.2 Philippines Cannabis Light Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Cannabis Light Market - Competitive Landscape |
10.1 Philippines Cannabis Light Market Revenue Share, By Companies, 2024 |
10.2 Philippines Cannabis Light Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |