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 tools used to heat cannabis flowers or concentrates to temperatures where they can vaporise. The major uses of cannabis vaporizers are therapeutic and recreational. Over the next few years, the business will expand as vaping is made legal in numerous nations for both therapeutic and recreational purposes. The demand for cannabis vaporizers will be driven by the recreational sector, which includes pubs and bars and abides by regional laws.
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Key Takeaways from Market Study
- Portable cannabis vaporizers hold major share of the global market, and are set to touch US$ 14 Bn valuation by 2031-end.
- Conduction vaporizers is the fastest-growing segment, owing to the relatively inexpensive nature of their design.
- Temperature-controlled cannabis vaporizers to remain highly sought-after across regions, especially North America.
- North America is set to dominate market revenue in 2021, and hold the highest market share by 2031.
- Canada and the United States of America are key countries governing the demand for cannabis vaporizers.
Competitive landscape:
Detailed profiles of manufacturers of cannabis vaporizers have been provided in the report to evaluate their financials, key product offerings, recent developments, and strategies
Key players operating in the Cannabis Vaporizers market include
- DaVinci
- Arizer
- Canopy Growth
- Boundless Technologies
- DynaVap
- Grenco Science
- KANDYPENS
- PAX Labs, Inc.
- Puffco
- STORZ & BICKEL GmbH
Cannabis vaporizers are considered to be a safer, cleaner, and less harmful option as compared to cigarettes. Vaporizers produce a clean and pure vapor, offering a more pleasant experience compared to cigarettes, and many doctors also recommend it as one of the safest methods of consuming cannabis. This is likely to fuel the cannabis vaporizers market growth across geographies.
Many companies are focusing on providing the best vaporizer products to cannabis retailers and medical suppliers. Several countries are also allowing the use of medical cannabis for the treatment of illnesses for which the drug provides relief to the user. This factor is expected to increase the demand for cannabis vaporizers in the market.
In the global cannabis vaporizers report, we have discussed individual strategies, followed by prominent players operating in the global cannabis vaporizers market. The ‘Competition Landscape’ section has been included in the report to provide readers with a dashboard view and company market share analysis of key players operating in the global cannabis vaporizers market.
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
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Questionnaire answered in the Market outlook Report of Cannabis vaporizer include:
- What is the key strategy deployed by large players to maximize Cannabis vaporizer Market growth?
- What are the main challenges faced by players in the Cannabis vaporizer market Demand?
- With the advent of technological advancement, how will the Cannabis vaporizer market landscape change over the forecast period?
- What does player bring to the table which is unique as a strategy, and is easy to emulate for new investors in the Cannabis vaporizer market size?
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