Australia Cannabis Market Size & Outlook, 2026-2034
Australia Cannabis Market Insights
- According to Deep Market Insights analysis, the Australia Cannabis Market size was USD 2073.8 Million in 2025 and is projected to reach USD 27264.8 Million by 2034.
- The Australia market is projected to grow at a CAGR of 33.39% between 2026 and 2034.
- By segment, Dispensaries emerged as the largest in terms of market size in 2025.
- Specialty stores is anticipated to remain the most attractive segment, recording the fastest growth during the forecast period.
Source: DMI Analysis Company Publications, Primary Interviews.
Other Key Findings
- Australia accounted for 1.49% of the global Cannabis Market size in 2025.
- By 2034, United States is expected to remain the top global market in terms of size.
- Within Asia Pacific, China is forecasted to dominate the regional Cannabis Market size by 2034.
- Singapore will be the fastest-growing market in Asia Pacific, projected to achieve USD 14258.52 Million by 2034.
Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2025 |
| Study Period | 2022-2034 |
| Historical Period | 2022-2024 |
| Forecast Period | 2026-2034 |
| Market Size In 2025 | USD 2073.8 Million |
| Market Size In 2034 | USD 27264.8 Million |
| Largest segment | Dispensaries |
| Units | Revenue in USD Million |
| CAGR | 33.39% (2026-2034) |
| Segmnetation Covered | |
| |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Australia Cannabis Market 2026-2034 (USD Million)
| 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dispensaries | XX.x | XX.x | XX.x | 832.63 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Online retail | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Pharmacies | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Specialty stores | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.