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2021.08.26

The Legalized Cannabis Market in Thailand: Consumer Survey

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The movement to legalize cannabis (marijuana) for medical and/or recreational use is spreading across the world to a limited but expanding extent. However, what is meant by "legalization" differs greatly by country. Canada, Mexico, Uruguay and some states in the United States have legalized the recreational use of cannabis. On the other hand, many other countries have not yet permitted the use of the substance or have limited it to medical applications.

In 2019, Thailand was the first Southeast Asian country to legalize cannabis for medical purposes. The country has further loosened restrictions and now allows food and cosmetics products containing cannabis leaves, stems, stalks and roots. Cannabis is "not illegal" anymore in Thailand, but there are still certain limitations on its use. This has made companies hold back from an accelerated entrance into the market. Consumer preferences also remain unknown.

To uncover the latest consumers' intentions and attitudes towards the deregulation of cannabis products, Nikkei Research conducted a survey targeting people aged 20 to 59 in Greater Bangkok, Thailand. A total of 700 responses were collected through an online survey in June 2021, and the data was weighted by age group for analysis.

Nearly 90% (the cumulative total of "I am very aware" and "I have heard about it but don't know the details") knew about the recent deregulations allowing cannabis in herbal cosmetics, food products and medical products in Thailand.

Among respondents, 64% are willing to try products containing low levels of tetrahydrocannabinol (THC), a psychoactive substance found in cannabis, within the legal range. Over 70% can be said to be "intenders," including those who are willing to use it if it is recommended by friends or family (7%).

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The survey reveals the people's expectations for cannabis products, preferred product types, how frequently they would like to use the substance, reasons they wouldn't want to use it and what elements they think are attractive.

Evaluated product types

Cosmetics Food
Body oil / lotion / cream Powders (to add to drinks or meals)
Facial oil / lotion / cream Supplements
Hair oil / lotion / cream Dietary oil
Lip cream Readymade meals
Soap / shower gel Snacks
Oral spray Tea
Toothpaste Beverages (except for tea)

Read further details from the below article.
Over 70% Welcome Cannabis for Cosmetics/Food in Thailand

Please contact our Thai office if you have any questions or inquiries.

Nikkei Research & Consulting (Thailand)
https://www.nikkei-rc.com/
info@nikkei-rc.com

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NIKKEI Research

We help to satisfy your research needs and derive meaningful insights. Our overseas offices in Thailand and the United States provide you with support globally. With over 50 years of experience, we specialize in numerous areas across industries and are involved in both BtoC- and BtoB-related endeavors. We cover a variety of topics, from market validation, employee engagement and customer experience to branding, complex analysis and beyond.

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