Cannabis Vaporizer Market
Cannabis Vaporizer Market By Product Type (Portable, Table Top), By Ingredients (Dry Herbs, Cannabis Oil, Wax), By Usage (Medical Purposes, Recreational Purposes), By Heating Type (Convection Vaporizers, Conduction Vaporizers), By Distribution Channel (Online, Offline)- Global Market Insights 2021 to 2031
Analysis of Cannabis Vaporizer market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
About the Report
The global cannabis vaporizer market is projected to expand 3.5X its value from 2021 to 2031, with demand for temperature-controlled cannabis vaporizers rising as the years go by.
Cannabis vaporizers are devices used to heat concentrates or cannabis flowers at temperatures that can turn them into vapour. Cannabis vaporizers are mainly used for medical and recreational purposes. Legalization of vaping for medical and recreational uses in many countries will foster market growth over the coming years.
The recreational industry, which includes pubs and bars, following regional policies, will drive demand for cannabis vaporizers. With recreational avenues fairly popular among young people, cannabis vaporizers are the preferred choice and resonate with the growth of the recreational industry.
Legalization of cannabis in many countries and changes in regional policies are key to the growth of the market. Additionally, consumerism, supply chain, and other factors regarding cannabis vaporizers have been discussed in the recently published report by Fact.MR. Insights have been streamlined in the report in the form of a timeline, where the report is drafted in historical (2016 to 2020) and forecast terms (2021 to 2031).
Historical Trends Vs. Future Market Projections
Emerging penetration of easy to use portable cannabis vaporizers with growing recreational industries has increased the demand for cannabis vaporizers over the last half-decade. Moreover, the legalization of cannabis recently in many countries such as Canada, Georgia, South Africa, and Uruguay has pushed the growth of the cannabis vaporizer market.
In FY 2020, COVID-19 hit the recreation industry very badly with bans on pubs and bars impacting the demand and supply of cannabis vaporizers as well. The decline in demand for cannabis vaporizers can be aligned with reduced spending on recreational activities.
Since many countries are still struggling with the rise in COVID cases, pubs and bars remain shut in many regions. However, rapid increase in the usage of portable cannabis vaporizers and changes in regional policies is set to foster growth in the coming years.
Forecast period assessment could be done by breaking down the period into three assessable periods i.e., Short-run, medium-run and long-run
Short-Run: COVID-19 has affected the overall recreational industry, and the demand for cannabis vaporizers is set to recover by Q4 of FY2021.
Medium-Run: Increase in usage of portable vaporizers and normalized spending in recreational activities will have a positive effect on the cannabis vaporizers demand.
Long-Run: Economic cycles, inflation rate, technological changes and regional policies for cannabis vaporizers are set to impact the overall market, which has been discussed in detail in the recently published report by Fact.MR.
Country-wise Analysis
Why is the United States an Attractive Market for Cannabis Vaporizer?
The United States is an emerging market for cannabis vaporizers due to the strong positive network externalities of the regional consumers. Apart from consumerism, regional policies have a strong effect on this market.
As of 2022, 12 states in the U.S. have legalized the use of cannabis for recreational purposes, and the demand to legalize the use of cannabis in other states is also rising. Growth of the market in the U.S. is set to mirror the growth of the market in North America.
What Makes Canada a Lucrative Market for Cannabis Vaporizer?
Canada also has a significant role in driving demand for cannabis vaporizers. Since the legalization of cannabis usage in Canada for both recreational and medicinal purposes, the market has seen a boom in the country. The USA and Canada combined now hold a major share in the global market in terms of revenue, making the North America region hold 49.2% of the market as of 2020.
With new technological advancements in cannabis vaporizers, Canada is only going to see a surge in the demand for cannabis vaporizers for both recreational and medicinal purposes.
Why are Sales of Cannabis Vaporizers Increasing across the U.K.?
The United Kingdom will play a major role in the growth of the market in Europe. The United Kingdom has legalized the medicinal use of cannabis vaporizers, which is set to drive the market for the same. Other European countries are also likely to follow suit, as Georgia has already legalized cannabis use and is set to witness high demand for cannabis vaporizers.
Category-Wise Insights
Why are Portable Cannabis Vaporizers Preferred Over Table Top Versions?
Portable cannabis vaporizers hold a larger share of the demand pie as they are easy to carry and allow personalized use for vaporizing herbs and substances. Additionally, technological advancements in portable cannabis vaporizers such as temperature control vaporizers, through which users can control the temperature for optimum taste, will help portable vaporizers dominate the market.
The dominance of portable cannabis vaporizers due to the above-stated reasons and changing regional policies will ensure higher significance of portable cannabis vaporizers over the long-term forecast.
Why Will Convection Vaporizers Experience Higher CAGR Even Though Conduction Holds Higher Market Share?
Conduction vaporizers have a higher market share due to being less expensive than convection vaporizers. However, with new technological advancements and the introduction of new convection cannabis vaporizers, which not only stop the substance from burning but also help in temperature control, the demand for convection cannabis vaporizers is increasing.
On the other hand, induction vaporizers are seeing modest growth even though the segment has the least market share in terms of revenue.
What are the Key Barriers for Cannabis Vaporizer Manufacturers?
Cannabis and cannabis extract consumption is still illegal in most countries. Moreover, several countries only legalize the use of cannabis vaporizers for medicinal purposes, which is impacting overall demand.
In addition to the above factors, strict lockdown rules in several countries have limited recreational activities, impacting the demand for cannabis vaporizers.
Cannabis vaporizers, being expensive, and traditional smoking methods still being prevalent in the market, will also act as a barriers to market expansion.
Key Segments Covered
-
By Product Type:
- Portable/Handheld Cannabis Vaporizers
- Table Top Cannabis Vaporizers
-
By Ingredient:
- Cannabis Dry Herb Vaporizers
- Cannabis Oil Vaporizers
- Butane Hash Oil (BHO)
- CO2 Oil
- Rick Simpson Oil (RSO)
- Others
- Cannabis Wax Vaporizers
- Shatter Wax
- Honeycomb Wax
- Others
-
By Heating Method:
- Convection Cannabis Vaporizers
- Conduction Cannabis Vaporizers
- Induction Cannabis Vaporizers
-
By Usage:
- Cannabis Vaporizers for Medical Purposes
- Cannabis Vaporizers for Recreational Purposes
-
By Distribution Channel:
- Cannabis Vaporizers Sold through Online Channels
- Cannabis Vaporizers Sold through Offline Channels
-
By Region:
- North America
- Europe
- Asia Pacific
- Middle East & Africa (MEA)
- South America
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Market Risks and Trends Assessment
- 4. Market Background and Foundation Data Points
- 5. Key Success Factors
- 6. Global Market Demand Analysis 2016 to 2020 and Forecast, 2021 to 2031
- 7. Global Market - Pricing Analysis
- 8. Global Market Demand (US$ Mn) Analysis 2016 to 2020 and Forecast, 2021 to 2031
- 9. Global Market Analysis 2016 to 2020 and Forecast 2021 to 2031, by Product Type
- 9.1. Portable/Handheld
- 9.2. Table Top
- 10. Global Market Analysis and Forecast, by Ingredients
- 10.1. Dry Herbs
- 10.2. Cannabis Oil
- 10.2.1. Butane Hash Oil (BHO)
- 10.2.2. CO2 Oil
- 10.2.3. Rick Simpson Oil (RSO)
- 10.2.4. Others
- 10.3.Wax
- 10.3.1. Shatter Wax
- 10.3.2. Honeycomb Wax
- 10.3.3. Others
- 11. Global Market Analysis and Forecast, by Usage
- 11.1. Medical Purposes
- 11.2. Recreational Purposes
- 12. Global Market Analysis 2016 to 2020 and Forecast 2021 to 2031, by Heating Type
- 12.1. Convection Vaporizers
- 12.2. Conduction Vaporizers
- 12.3. Induction Vaporizers
- 13. Global Market Analysis and Forecast, by Distribution Channel
- 13.1. Online
- 13.2. Offline
- 14. Global Market Analysis 2016 to 2020 and Forecast 2021 to 2031, by Region
- 14.1. North America
- 14.2. Europe
- 14.3. Asia Pacific
- 14.4. Rest of the World
- 15. North America Market Analysis 2016 to 2020 and Forecast 2021 to 2031
- 16. Europe Market Analysis 2016 to 2020 and Forecast 2021 to 2031
- 17. Asia Pacific Market Analysis 2016 to 2020 and Forecast 2021 to 2031
- 18. Rest of the World Market Analysis 2016 to 2020 and Forecast 2021 to 2031
- 19. Market Analysis 2016 to 2020 and Forecast 2021 to 2031, Key Country Analysis
- 20. Market Structure Analysis
- 21. Competition Analysis
- 21.1. PAX Labs Inc.
- 21.2. STORZ & BICKEL GmbH & Co. KG
- 21.3. Arizer
- 21.4. Apollo Vaporizers Inc.
- 21.5. KandyPens, Inc.
- 21.6. SLANG Worldwide Inc.
- 21.7. DaVinci
- 21.8. Ghost Herbal Concepts Ltd.
- 21.9. Grenco Science
- 21.10. Boundless Technology LLC
- 22. Assumptions and Acronyms Used
- 23. Research Methodology
List Of Table
Table 1: Global Market, Volume Size and Forecast, By Type, Thousand Units, 2021 to 2031
Table 2: Global Market, Value Size and Forecast, By Type, US$ Million, 2021 to 2031
Table 3: Global Market, Volume Size and Forecast, By Heating Method, Thousand Units, 2021 to 2031
Table 4: Global Market, Value Size and Forecast, By Heating Method, US$ Million, 2021 to 2031
Table 5: Global Market, Volume Size and Forecast, By Ingredients, Thousand Units, 2021 to 2031
Table 6: Global Market, Value Size and Forecast, By Ingredients, US$ Million, 2021 to 2031
Table 7: Global Market, Volume Size and Forecast, By Usage, Thousand Units, 2021 to 2031
Table 8: Global Market, Value Size and Forecast, By Usage, US$ Million, 2021 to 2031
Table 9: Global Market, Volume Size and Forecast, By Distribution Channel, Thousand Units, 2021 to 2031
Table 10: Global Market, Value Size and Forecast, By Distribution Channel, US$ Million, 2021 to 2031
Table 11: Global Market, Volume Size and Forecast, By Region, Thousand Units, 2021 to 2031
Table 12: Global Market, Value Size and Forecast, By Region, US$ Million, 2021 to 2031
Table 13: North America Market, Volume Size and Forecast, By Type, Thousand Units, 2021 to 2031
Table 14: North America Market, Value Size and Forecast, By Type, US$ Million, 2021 to 2031
Table 15: North America Market, Volume Size and Forecast, By Heating Method, Thousand Units, 2021 to 2031
Table 16: North America Market, Value Size and Forecast, By Heating Method, US$ Million, 2021 to 2031
Table 17: North America Market, Volume Size and Forecast, By Ingredients, Thousand Units, 2021 to 2031
Table 18: North America Market, Value Size and Forecast, By Ingredients, US$ Million, 2021 to 2031
Table 19: North America Market, Volume Size and Forecast, By Usage, Thousand Units, 2021 to 2031
Table 20: North America Market, Value Size and Forecast, By Usage, US$ Million, 2021 to 2031
Table 21: North America Market, Volume Size and Forecast, By Distribution Channel, Thousand Units, 2021 to 2031
Table 22: North America Market, Value Size and Forecast, By Distribution Channel, US$ Million, 2021 to 2031
Table 23: North America Market, Volume Size and Forecast, By Country, Thousand Units, 2021 to 2031
Table 24: North America Market, Value Size and Forecast, By Country, US$ Million, 2021 to 2031
Table 25: U.S. Market, Volume Size and Forecast, By Type, Thousand Units, 2021 to 2031
Table 26: U.S. Market, Value Size and Forecast, By Type, US$ Million, 2021 to 2031
Table 27: U.S. Market, Volume Size and Forecast, By Heating Method, Thousand Units, 2021 to 2031
Table 28: U.S. Market, Value Size and Forecast, By Heating Method, US$ Million, 2021 to 2031
Table 29: U.S. Market, Volume Size and Forecast, By Ingredients, Thousand Units, 2021 to 2031
Table 30: U.S. Market, Value Size and Forecast, By Ingredients, US$ Million, 2021 to 2031
Table 31: U.S. Market, Volume Size and Forecast, By Usage, Thousand Units, 2021 to 2031
Table 32: U.S. Market, Value Size and Forecast, By Usage, US$ Million, 2021 to 2031
Table 33: U.S. Market, Volume Size and Forecast, By Distribution Channel, Thousand Units, 2021 to 2031
Table 34: U.S. Market, Value Size and Forecast, By Distribution Channel, US$ Million, 2021 to 2031
Table 35: Europe Market, Volume Size and Forecast, By Type, Thousand Units, 2021 to 2031
Table 36: Europe Market, Value Size and Forecast, By Type, US$ Million, 2021 to 2031
Table 37: Europe Market, Volume Size and Forecast, By Heating Method, Thousand Units, 2021 to 2031
Table 38: Europe Market, Value Size and Forecast, By Heating Method, US$ Million, 2021 to 2031
Table 39: Europe Market, Volume Size and Forecast, By Ingredients, Thousand Units, 2021 to 2031
Table 40: Europe Market, Value Size and Forecast, By Ingredients, US$ Million, 2021 to 2031
Table 41: Europe Market, Volume Size and Forecast, By Usage, Thousand Units, 2021 to 2031
Table 42: Europe Market, Value Size and Forecast, By Usage, US$ Million, 2021 to 2031
Table 43: Europe Market, Volume Size and Forecast, By Distribution Channel, Thousand Units, 2021 to 2031
Table 44: Europe Market, Value Size and Forecast, By Distribution Channel, US$ Million, 2021 to 2031
Table 45: Europe Market, Volume Size and Forecast, By Country, Thousand Units, 2021 to 2031
Table 46: Europe Market, Value Size and Forecast, By Country, US$ Million, 2021 to 2031
Table 47: Asia Pacific Market, Volume Size and Forecast, By Type, Thousand Units, 2021 to 2031
Table 48: Asia Pacific Market, Value Size and Forecast, By Type, US$ Million, 2021 to 2031
Table 49: Asia Pacific Market, Volume Size and Forecast, By Heating Method, Thousand Units, 2021 to 2031
Table 50: Asia Pacific Market, Value Size and Forecast, By Heating Method, US$ Million, 2021 to 2031
Table 51: Asia Pacific Market, Volume Size and Forecast, By Ingredients, Thousand Units, 2021 to 2031
Table 52: Asia Pacific Market, Value Size and Forecast, By Ingredients, US$ Million, 2021 to 2031
Table 53: Asia Pacific Market, Volume Size and Forecast, By Usage, Thousand Units, 2021 to 2031
Table 54: Asia Pacific Market, Value Size and Forecast, By Usage, US$ Million, 2021 to 2031
Table 55: Asia Pacific Market, Volume Size and Forecast, By Distribution Channel, Thousand Units, 2021 to 2031
Table 56: Asia Pacific Market, Value Size and Forecast, By Distribution Channel, US$ Million, 2021 to 2031
Table 57: Asia Pacific Market, Volume Size and Forecast, By Country, Thousand Units, 2021 to 2031
Table 58: Asia Pacific Market, Value Size and Forecast, By Country, US$ Million, 2021 to 2031
Table 59: Middle East & Africa Market, Volume Size and Forecast, By Type, Thousand Units, 2021 to 2031
Table 60: Middle East & Africa Market, Value Size and Forecast, By Type, US$ Million, 2021 to 2031
Table 61: Middle East & Africa Market, Volume Size and Forecast, By Heating Method, Thousand Units, 2021 to 2031
Table 62: Middle East & Africa Market, Value Size and Forecast, By Heating Method, US$ Million, 2021 to 2031
Table 63: Middle East & Africa Market, Volume Size and Forecast, By Ingredients, Thousand Units, 2021 to 2031
Table 64: Middle East & Africa Market, Value Size and Forecast, By Ingredients, US$ Million, 2021 to 2031
Table 65: Middle East & Africa Market, Volume Size and Forecast, By Usage, Thousand Units, 2021 to 2031
Table 66: Middle East & Africa Market, Value Size and Forecast, By Usage, US$ Million, 2021 to 2031
Table 67: Middle East & Africa Market, Volume Size and Forecast, By Distribution Channel, Thousand Units, 2021 to 2031
Table 68: Middle East & Africa Market, Value Size and Forecast, By Distribution Channel, US$ Million, 2021 to 2031
Table 69: Middle East & Africa Market, Volume Size and Forecast, By Country, Thousand Units, 2021 to 2031
Table 70: Middle East & Africa Market, Value Size and Forecast, By Country, US$ Million, 2021 to 2031
Table 71: South America Market, Volume Size and Forecast, By Type, Thousand Units, 2021 to 2031
Table 72: South America Market, Value Size and Forecast, By Type, US$ Million, 2021 to 2031
Table 73: South America Market, Volume Size and Forecast, By Heating Method, Thousand Units, 2021 to 2031
Table 74: South America Market, Value Size and Forecast, By Heating Method, US$ Million, 2021 to 2031
Table 75: South America Market, Volume Size and Forecast, By Ingredients, Thousand Units, 2021 to 2031
Table 76: South America Market, Value Size and Forecast, By Ingredients, US$ Million, 2021 to 2031
Table 77: South America Market, Volume Size and Forecast, By Usage, Thousand Units, 2021 to 2031
Table 78: South America Market, Value Size and Forecast, By Usage, US$ Million, 2021 to 2031
Table 79: South America Market, Volume Size and Forecast, By Distribution Channel, Thousand Units, 2021 to 2031
Table 80: South America Market, Value Size and Forecast, By Distribution Channel, US$ Million, 2021 to 2031
Table 81: South America Market, Volume Size and Forecast, By Country, Thousand Units, 2021 to 2031
Table 82: South America Market, Value Size and Forecast, By Country, US$ Million, 2021 to 2031
List Of Figures
Figure 1: Global Market, Volume Size and Forecast, By Type, Thousand Units, 2021 to 2031
Figure 2: Global Market, Value Size and Forecast, By Type, US$ Million, 2021 to 2031
Figure 3: Global Market, Incremental Opportunity, By Type, US$ Million, 2021 to 2031
Figure 4: Global Market, Volume Size and Forecast, By Heating Method, Thousand Units, 2021 to 2031
Figure 5: Global Market, Value Size and Forecast, By Heating Method, US$ Million, 2021 to 2031
Figure 6: Global Market, Incremental Opportunity, By Heating Method, US$ Million, 2021 to 2031
Figure 7: Global Market, Volume Size and Forecast, By Ingredients, Thousand Units, 2021 to 2031
Figure 8: Global Market, Value Size and Forecast, By Ingredients, US$ Million, 2021 to 2031
Figure 9: Global Market, Incremental Opportunity, By Ingredients, US$ Million, 2021 to 2031
Figure 10: Global Market, Volume Size and Forecast, By Usage, Thousand Units, 2021 to 2031
Figure 11: Global Market, Value Size and Forecast, By Usage, US$ Million, 2021 to 2031
Figure 12: Global Market, Incremental Opportunity, By Usage, US$ Million, 2021 to 2031
Figure 13: Global Market, Volume Size and Forecast, By Distribution Channel, Thousand Units, 2021 to 2031
Figure 14: Global Market, Value Size and Forecast, By Distribution Channel, US$ Million, 2021 to 2031
Figure 15: Global Market, Incremental Opportunity, By Distribution Channel, US$ Million, 2021 to 2031
Figure 16: Global Market, Volume Size and Forecast, By Region, Thousand Units, 2021 to 2031
Figure 17: Global Market, Value Size and Forecast, By Region, US$ Million, 2021 to 2031
Figure 18: Global Market, Incremental Opportunity, By Region, US$ Million, 2021 to 2031
Figure 19: North America Market, Volume Size and Forecast, By Type, Thousand Units, 2021 to 2031
Figure 20: North America Market, Value Size and Forecast, By Type, US$ Million, 2021 to 2031
Figure 21: North America Market, Incremental Opportunity, By Type, US$ Million, 2021 to 2031
Figure 22: North America Market, Volume Size and Forecast, By Heating Method, Thousand Units, 2021 to 2031
Figure 23: North America Market, Value Size and Forecast, By Heating Method, US$ Million, 2021 to 2031
Figure 24: North America Market, Incremental Opportunity, By Heating Method, US$ Million, 2021 to 2031
Figure 25: North America Market, Volume Size and Forecast, By Ingredients, Thousand Units, 2021 to 2031
Figure 26: North America Market, Value Size and Forecast, By Ingredients, US$ Million, 2021 to 2031
Figure 27: North America Market, Incremental Opportunity, By Ingredients, US$ Million, 2021 to 2031
Figure 28: North America Market, Volume Size and Forecast, By Usage, Thousand Units, 2021 to 2031
Figure 29: North America Market, Value Size and Forecast, By Usage, US$ Million, 2021 to 2031
Figure 30: North America Market, Incremental Opportunity, By Usage, US$ Million, 2021 to 2031
Figure 31: North America Market, Volume Size and Forecast, By Distribution Channel, Thousand Units, 2021 to 2031
Figure 32: North America Market, Value Size and Forecast, By Distribution Channel, US$ Million, 2021 to 2031
Figure 33: North America Market, Incremental Opportunity, By Distribution Channel, US$ Million, 2021 to 2031
Figure 34: North America Market, Volume Size and Forecast, By Country, Thousand Units, 2021 to 2031
Figure 35: North America Market, Value Size and Forecast, By Country, US$ Million, 2021 to 2031
Figure 36: North America Market, Incremental Opportunity, By Country, US$ Million, 2021 to 2031
Figure 37: U.S. Market, Volume Size and Forecast, By Type, Thousand Units, 2021 to 2031
Figure 38: U.S. Market, Value Size and Forecast, By Type, US$ Million, 2021 to 2031
Figure 39: U.S. Market, Incremental Opportunity, By Type, US$ Million, 2021 to 2031
Figure 40: U.S. Market, Volume Size and Forecast, By Heating Method, Thousand Units, 2021 to 2031
Figure 41: U.S. Market, Value Size and Forecast, By Heating Method, US$ Million, 2021 to 2031
Figure 42: U.S. Market, Incremental Opportunity, By Heating Method, US$ Million, 2021 to 2031
Figure 43: U.S. Market, Volume Size and Forecast, By Ingredients, Thousand Units, 2021 to 2031
Figure 44: U.S. Market, Value Size and Forecast, By Ingredients, US$ Million, 2021 to 2031
Figure 45: U.S. Market, Incremental Opportunity, By Ingredients, US$ Million, 2021 to 2031
Figure 46: U.S. Market, Volume Size and Forecast, By Usage, Thousand Units, 2021 to 2031
Figure 47: U.S. Market, Value Size and Forecast, By Usage, US$ Million, 2021 to 2031
Figure 48: U.S. Market, Incremental Opportunity, By Usage, US$ Million, 2021 to 2031
Figure 49: U.S. Market, Volume Size and Forecast, By Distribution Channel, Thousand Units, 2021 to 2031
Figure 50: U.S. Market, Value Size and Forecast, By Distribution Channel, US$ Million, 2021 to 2031
Figure 51: U.S. Market, Incremental Opportunity, By Distribution Channel, US$ Million, 2021 to 2031
Figure 52: Europe Market, Volume Size and Forecast, By Type, Thousand Units, 2021 to 2031
Figure 53: Europe Market, Value Size and Forecast, By Type, US$ Million, 2021 to 2031
Figure 54: Europe Market, Incremental Opportunity, By Type, US$ Million, 2021 to 2031
Figure 55: Europe Market, Volume Size and Forecast, By Heating Method, Thousand Units, 2021 to 2031
Figure 56: Europe Market, Value Size and Forecast, By Heating Method, US$ Million, 2021 to 2031
Figure 57: Europe Market, Incremental Opportunity, By Heating Method, US$ Million, 2021 to 2031
Figure 58: Europe Market, Volume Size and Forecast, By Ingredients, Thousand Units, 2021 to 2031
Figure 59: Europe Market, Value Size and Forecast, By Ingredients, US$ Million, 2021 to 2031
Figure 60: Europe Market, Incremental Opportunity, By Ingredients, US$ Million, 2021 to 2031
Figure 61: Europe Market, Volume Size and Forecast, By Usage, Thousand Units, 2021 to 2031
Figure 62: Europe Market, Value Size and Forecast, By Usage, US$ Million, 2021 to 2031
Figure 63: Europe Market, Incremental Opportunity, By Usage, US$ Million, 2021 to 2031
Figure 64: Europe Market, Volume Size and Forecast, By Distribution Channel, Thousand Units, 2021 to 2031
Figure 65: Europe Market, Value Size and Forecast, By Distribution Channel, US$ Million, 2021 to 2031
Figure 66: Europe Market, Incremental Opportunity, By Distribution Channel, US$ Million, 2021 to 2031
Figure 67: Europe Market, Volume Size and Forecast, By Country, Thousand Units, 2021 to 2031
Figure 68: Europe Market, Value Size and Forecast, By Country, US$ Million, 2021 to 2031
Figure 69: Europe Market, Incremental Opportunity, By Country, US$ Million, 2021 to 2031
Figure 70: Asia Pacific Market, Volume Size and Forecast, By Type, Thousand Units, 2021 to 2031
Figure 71: Asia Pacific Market, Value Size and Forecast, By Type, US$ Million, 2021 to 2031
Figure 72: Asia Pacific Market, Incremental Opportunity, By Type, US$ Million, 2021 to 2031
Figure 73: Asia Pacific Market, Volume Size and Forecast, By Heating Method, Thousand Units, 2021 to 2031
Figure 74: Asia Pacific Market, Value Size and Forecast, By Heating Method, US$ Million, 2021 to 2031
Figure 75: Asia Pacific Market, Incremental Opportunity, By Heating Method, US$ Million, 2021 to 2031
Figure 76: Asia Pacific Market, Volume Size and Forecast, By Ingredients, Thousand Units, 2021 to 2031
Figure 77: Asia Pacific Market, Value Size and Forecast, By Ingredients, US$ Million, 2021 to 2031
Figure 78: Asia Pacific Market, Incremental Opportunity, By Ingredients, US$ Million, 2021 to 2031
Figure 79: Asia Pacific Market, Volume Size and Forecast, By Usage, Thousand Units, 2021 to 2031
Figure 80: Asia Pacific Market, Value Size and Forecast, By Usage, US$ Million, 2021 to 2031
Figure 81: Asia Pacific Market, Incremental Opportunity, By Usage, US$ Million, 2021 to 2031
Figure 82: Asia Pacific Market, Volume Size and Forecast, By Distribution Channel, Thousand Units, 2021 to 2031
Figure 83: Asia Pacific Market, Value Size and Forecast, By Distribution Channel, US$ Million, 2021 to 2031
Figure 84: Asia Pacific Market, Incremental Opportunity, By Distribution Channel, US$ Million, 2021 to 2031
Figure 85: Asia Pacific Market, Volume Size and Forecast, By Country, Thousand Units, 2021 to 2031
Figure 86: Asia Pacific Market, Value Size and Forecast, By Country, US$ Million, 2021 to 2031
Figure 87: Asia Pacific Market, Incremental Opportunity, By Country, US$ Million, 2021 to 2031
Figure 88: Middle East & Africa Market, Volume Size and Forecast, By Type, Thousand Units, 2021 to 2031
Figure 89: Middle East & Africa Market, Value Size and Forecast, By Type, US$ Million, 2021 to 2031
Figure 90: Middle East & Africa Market, Incremental Opportunity, By Type, US$ Million, 2021 to 2031
Figure 91: Middle East & Africa Market, Volume Size and Forecast, By Heating Method, Thousand Units, 2021 to 2031
Figure 92: Middle East & Africa Market, Value Size and Forecast, By Heating Method, US$ Million, 2021 to 2031
Figure 93: Middle East & Africa Market, Incremental Opportunity, By Heating Method, US$ Million, 2021 to 2031
Figure 94: Middle East & Africa Market, Volume Size and Forecast, By Ingredients, Thousand Units, 2021 to 2031
Figure 95: Middle East & Africa Market, Value Size and Forecast, By Ingredients, US$ Million, 2021 to 2031
Figure 96: Middle East & Africa Market, Incremental Opportunity, By Ingredients, US$ Million, 2021 to 2031
Figure 97: Middle East & Africa Market, Volume Size and Forecast, By Usage, Thousand Units, 2021 to 2031
Figure 98: Middle East & Africa Market, Value Size and Forecast, By Usage, US$ Million, 2021 to 2031
Figure 99: Middle East & Africa Market, Incremental Opportunity, By Usage, US$ Million, 2021 to 2031
Figure 100: Middle East & Africa Market, Volume Size and Forecast, By Distribution Channel, Thousand Units, 2021 to 2031
Figure 101: Middle East & Africa Market, Value Size and Forecast, By Distribution Channel, US$ Million, 2021 to 2031
Figure 102: Middle East & Africa Market, Incremental Opportunity, By Distribution Channel, US$ Million, 2021 to 2031
Figure 103: Middle East & Africa Market, Volume Size and Forecast, By Country, Thousand Units, 2021 to 2031
Figure 104: Middle East & Africa Market, Value Size and Forecast, By Country, US$ Million, 2021 to 2031
Figure 105: Middle East & Africa Market, Incremental Opportunity, By Country, US$ Million, 2021 to 2031
Figure 106: South America Market, Volume Size and Forecast, By Type, Thousand Units, 2021 to 2031
Figure 107: South America Market, Value Size and Forecast, By Type, US$ Million, 2021 to 2031
Figure 108: South America Market, Incremental Opportunity, By Type, US$ Million, 2021 to 2031
Figure 109: South America Market, Volume Size and Forecast, By Heating Method, Thousand Units, 2021 to 2031
Figure 110: South America Market, Value Size and Forecast, By Heating Method, US$ Million, 2021 to 2031
Figure 111: South America Market, Incremental Opportunity, By Heating Method, US$ Million, 2021 to 2031
Figure 112: South America Market, Volume Size and Forecast, By Ingredients, Thousand Units, 2021 to 2031
Figure 113: South America Market, Value Size and Forecast, By Ingredients, US$ Million, 2021 to 2031
Figure 114: South America Market, Incremental Opportunity, By Ingredients, US$ Million, 2021 to 2031
Figure 115: South America Market, Volume Size and Forecast, By Usage, Thousand Units, 2021 to 2031
Figure 116: South America Market, Value Size and Forecast, By Usage, US$ Million, 2021 to 2031
Figure 117: South America Market, Incremental Opportunity, By Usage, US$ Million, 2021 to 2031
Figure 118: South America Market, Volume Size and Forecast, By Distribution Channel, Thousand Units, 2021 to 2031
Figure 119: South America Market, Value Size and Forecast, By Distribution Channel, US$ Million, 2021 to 2031
Figure 120: South America Market, Incremental Opportunity, By Distribution Channel, US$ Million, 2021 to 2031
Figure 121: South America Market, Volume Size and Forecast, By Country, Thousand Units, 2021 to 2031
Figure 122: South America Market, Value Size and Forecast, By Country, US$ Million, 2021 to 2031
Figure 123: South America Market, Incremental Opportunity, By Country, US$ Million, 2021 to 2031
- FAQs -
How much revenue will the cannabis vape market generate by the end of the forecast period?
The global market is projected to generate US$ 21 Bn, expanding at a CAGR of close to 17% by 2031. However, market growth will strictly depend on regional policies across regions.
What type of cannabis vaporizer is likely to gain maximum market share by 2031?
Portable cannabis vaporizers are set to hold a major part of the market share, growing at a CAGR of over 17%, while based on heating method, conduction vaporizers are projected to be at the top at a CAGR of 16.5%.
What regions currently contributes the maximum share to the overall market?
North America currently contributes the maximum share to the overall market. The market share of the North American region in 2020 was 49.2%, owing to new advancements in technologies and legalizing of cannabis in several U.S. states.
What are the indicators expected to drive sales of cannabis vaporizers?
De-criminalization of cannabis consumption by many countries for recreational purposes is a major factor that will drive demand for cannabis vaporizers. Moreover, new advancements in portable cannabis vaporizers such as temperature control and battery<
Which region is likely to be a lucrative market during the forecast period?
Europe is projected as an emerging and lucrative market for the forecast period of 2021-2031. In most European countries, consumption of cannabis for medicinal purposes is considered legal, which is projected to drive market growth across Europe.
What are the essential strategies incorporated by key stakeholders to expand their geographical presence?
Key stakeholders are opting for organic growth strategies such as innovation, product launches, and product upgradation. Since online mode of distribution accounts for 55% of the total distribution in the cannabis vaporizer market, stakeholders are inc
What are the major advancements witnessed in the global market?
Manufacturers are investing in innovations such as temperature control, battery levels check using an application, consumption check, etc. Additionally, online mode has become a prominent channel for distribution and accounts for 55% of the total marke
Cannabis Vaporizer Market