Vaporizer Market for Cannabis Consumption Size, Share, 2032

The size of the worldwide cannabis vaporiser market was estimated at USD 5.67 billion in 2023 and is expected to increase at a compound annual growth rate (CAGR) of around 14.4% between 2024 and 2032, reaching USD 19.03 billion. The report offers historical data from 2018 to 2022 as well as a revenue-based estimate from 2024 to 2032 (USD billion). The study includes a forecast and a regional and worldwide analysis of the cannabis vaporisers industry.

✈👉Get a Free Sample: 🚀https://www.zionmarketresearch.com/sample/cannabis-vaporizers-market

Abstract:

The Cannabis Vaporizers Market has experienced significant growth driven by increasing consumer demand for healthier and more discreet methods of cannabis consumption. Vaporizers offer a cleaner, more controlled experience compared to traditional smoking, making them particularly popular among medical cannabis users and recreational consumers. This article examines the key trends, market dynamics, and technological advancements driving the cannabis vaporizers market, with a focus on regional growth opportunities, challenges, and forecasts for the period 2024–2030.

Introduction

Overview of Cannabis Vaporizers: Cannabis vaporizers are devices designed to heat cannabis or cannabis extracts to a temperature where active compounds such as THC and CBD are released as vapor without combustion. Vaporizers can be used with dry herbs, concentrates, or oils, making them a versatile choice for cannabis consumers.
Market Definition: The Cannabis Vaporizers Market encompasses the production, sale, and use of devices designed for vaporizing cannabis products. These devices are used in both medical and recreational cannabis consumption and are available in various types, including portable vaporizers, desktop vaporizers, and vape pens.

Overview of the Global Cannabis Vaporisers Market

A device that vaporises cannabis for inhalation is called a cannabis vaporiser or vape. Waxy concentrates and cannabis oil that has been taken from the plant can also be inhaled with cannabis vaporisers. The oil is occasionally combined with propylene and polyethylene glycol to reduce its viscosity. Both medical and recreational uses are made of cannabis vaporisers.

Growth Factors for the Global Cannabis Vaporiser Market

The market for cannabis vaporisers is expanding rapidly on a global scale. The global market for cannabis vaporisers is expanding due to factors like the legalisation of cannabis usage, the widespread availability of concentrated cannabis for vaping, and the increasing body of research on the drug’s potential medical applications. Because they are inconspicuous and simple to use, cannabis vaporisers are becoming more and more popular every year. The cannabis vaporisers used to be solitary shooters since each time they were used, they had to be loaded. As cannabis vaporiser technology has advanced over time, leaking issues have decreased and the hazardous metals, glues, and fibres of the first vaporisers have been replaced. Additionally, THC and other cannabinoids — the beneficial compounds released by the cannabis flower that relieve pain, nausea, anxiety, and inflammation — are released when the cannabis is heated in vaporisers. The global market is expanding because to all of these variables as well as the increased focus of brands on improving vape formulas, cartridge technology, and extraction procedures so that consumers may enjoy the cannabis vaping experience.

Furthermore, the market is expanding due to a number of important factors, including the growing popularity of cannabis vaporisers over smoking, the fact that vapes can produce the same effects with less cannabis, the ease with which they can be purchased online, and the rising demand for portable vapes. Additionally, expanding marketing plans and successful advertising by the major players, together with technological developments in the vape, could open up a lot of doors for the global cannabis vaporiser market to expand throughout the projection period. Cannabis is only permitted for research and medical purposes prescribed by medical practitioners in certain nations, where it is still illegal to use the drug.

This could impede the expansion of the worldwide market for cannabis vaporisers. During the pandemic, sales of cannabis vaporisers have increased dramatically. Interest in vapes and cannabis is growing. Manufacturers are attempting to introduce the greatest vaporisers to the market as a result of the national legalisation of cannabis usage and the increase in customer acceptability. The market is somewhat impacted by supply limitations, but manufacturers are making an effort to maintain it. The market gained substantial impetus as a result of manufacturers ramping up manufacturing of vapes following the global crisis, as well as changes in government policies regarding cannabis and increased manpower to fulfil demand.

Market Segmentation for Cannabis Vaporisers Worldwide

Utilisation, type, heating method, ingredients, distribution channel, and geography are the factors used to categorise the worldwide cannabis vaporiser market. The worldwide market for cannabis vaporisers is divided into two segments based on usage: medicinal and recreational. The worldwide market is separated into two segments based on type: desktop and portable/handheld. Induction vaporisers, conduction vaporisers, and convection vaporisers make up the two divisions of the heating method section. The market is divided into three categories based on the ingredients: dried herbs, cannabis oil, and wax. The market is divided into offline and online segments based on the distribution channel.

✈👉Directly Purchase a copy of the report with TOC: 🚀https://www.zionmarketresearch.com/toc/cannabis-vaporizers-market

Market Analysis of Cannabis Vaporisers: Report Scope

Regional Analysis of the Global Cannabis Vaporiser Market

In terms of value, the global market for cannabis vaporisers is anticipated to be greatest in North America. The legalisation of cannabis usage for both medical and recreational uses, rising demand for portable vaporisers, and rising consumer spending on luxury goods are some of the drivers driving the market’s expansion in this area. It is anticipated that the Asia Pacific market will expand significantly. This is explained by the government’s shifting position on cannabis, rising knowledge of its therapeutic benefits, and attempts by large firms to grow their operations in this area.

Market Dynamics

Drivers:
Restraints:
Opportunities:

Market Segmentation

By Type of Vaporizer:
By Product Type:
By Application:
By Region:

Competitive Landscape

The Cannabis Vaporizers Market is competitive, with several key players focusing on product innovation, quality, and consumer experience. Some of the prominent companies in this market include:

Pax Labs, Inc.
Storz & Bickel
Vapium Inc.
Firefly Vapor
Grenco Science
Kandypens
Da Vinci Vapor
Cloud Vapes

These companies are focused on expanding their product offerings, improving vaporizer technology, and increasing their market presence through strategic partnerships and distribution networks.

Technological Trends

Temperature Control and Customization: Modern vaporizers come equipped with advanced temperature control settings, allowing users to adjust the vaporization temperature for a more customized experience, which can optimize flavor and potency.
Smart Features and Connectivity: Some vaporizers now feature Bluetooth connectivity, allowing users to control settings through mobile apps and monitor their usage.
Enhanced Battery Life: The push for longer-lasting, faster-charging batteries is a key focus for manufacturers, as consumers demand more convenience and less downtime.

Market Outlook and Forecast

The Cannabis Vaporizers Market is expected to grow at a compound annual growth rate (CAGR) of 10–12% from 2024 to 2030. Key growth drivers include increased legalization, rising consumer demand for healthier consumption methods, and the continuous evolution of vaporizer technology. The medical cannabis segment is expected to see the highest growth due to the increasing number of patients seeking cannabis for therapeutic purposes.

Conclusion

The Cannabis Vaporizers Market is set for substantial growth as more consumers opt for healthier and more efficient ways to consume cannabis. With continued advancements in technology and growing acceptance of cannabis use worldwide, the market is expected to expand significantly in the coming years. The increasing focus on product innovation, regulatory clarity, and consumer awareness will continue to shape the landscape of this rapidly evolving market.

✈👉Enquiry for buying: 🚀https://www.zionmarketresearch.com/inquiry/cannabis-vaporizers-market