South East Asia Legalized Cannabis Market Size & Outlook, 2025-2033

South East Asia Legalized Cannabis Market Insights

Reed Intelligence analysis indicates that the South East Asia Legalized Cannabis Market size, valued at USD 589.22 Million in 2024, is expected to expand to USD 3945.4 Million by 2033.
The South East Asia market is forecasted to expand at a CAGR of 23.48% spanning 2025–2033.
Medical held the leading position among By Usage segments in 2024, based on market size.
Medical is projected to post the fastest growth rate, sustaining its position as the most attractive By Usage segment during the forecast horizon.

Other Key Findings

In 2024, South East Asia represented 1.73% of the overall global Legalized Cannabis Market size.
United States is projected to lead the global Legalized Cannabis Market size by 2033.
Across Asia Pacific, China is anticipated to hold the dominant position in market size by 2033.
Taiwan is forecasted to expand at the fastest pace in Asia Pacific, attaining USD 2542.69 Million by 2033.

Report Summary

Report Scope	Details
Base Year for Study	2024
Study Period	2021-2033
Historical Period	2021-2023
Forecast Period	2025-2033
Market Size In 2024	USD 589.22 Million
Market Size In 2033	USD 3945.4 Million
Largest segment	Medical
Units	Revenue in USD Million
CAGR	23.48% (2025-2033)
Segmnetation Covered
By Usage	Medical Recreational Industrial Hemp
By Form	Bud Oil Tincture
By Application	Chronic Pain Mental Disorders Cancer Others
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

South East Asia Legalized Cannabis Market By Usage 2025-2033 (USD Million)

By Usage	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Medical	XX.x	XX.x	XX.x	290.78	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Recreational	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
Industrial Hemp	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: RI Analysis Company Publications, Primary Interviews.

South East Asia Legalized Cannabis Market By Form 2025-2033 (USD Million)

By Form	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Bud	XX.x	XX.x	XX.x	280.46	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Oil	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
Tincture	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: RI Analysis Company Publications, Primary Interviews.

South East Asia Legalized Cannabis Market By Application 2025-2033 (USD Million)

By Application	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Chronic Pain	XX.x	XX.x	XX.x	260.67	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Mental Disorders	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
Cancer	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
Others	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: RI Analysis Company Publications, Primary Interviews.

Author :

Reed Intelligence Research Team

The Reed Intelligence Research Team brings together over 15+ years of collective experience in market research, data analytics, and strategic consulting. Comprising seasoned analysts, economists, and industry specialists, the team delivers precise, data-driven insights across sectors including technology, healthcare, energy, manufacturing, and consumer goods. By combining domain expertise with modern analytical tools, they ensure each report meets the highest standards of accuracy and relevance.