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Dry Herb Cannabis Vaporizers Market

Publisher Global Market Insights
Published Nov 06, 2024
Length 133 Pages
SKU # GMI19407242

Description

Dry Herb Cannabis Vaporizers Market


The Global Dry Herb Cannabis Vaporizers Market reached USD 2.58 billion in 2023, with an anticipated CAGR of 14.6% from 2024 to 2032. Growth in this market is largely fueled by the rising endorsement of cannabis for both therapeutic and recreational purposes, which has expanded consumer access and acceptance worldwide.

A rise in chronic health conditions also contributes significantly to market demand as more individuals turn to cannabis for its potential therapeutic effects, especially in controlling chronic pain, inflammation, anxiety, and depression. Vaporizers provide a popular alternative to traditional smoking, offering a better consumption procedure by decreasing exposure to unsafe supplements.

The market is segmented by product type into tabletop and portable vaporizers, with portable options leading the industry in 2023 and generating USD 1.93 billion in revenue. Portable vaporizers are expected to grow at a CAGR of 14.8% during the forecast period. Their popularity stems from their convenience, compact size, and mobility, appealing to a broad consumer base. Advanced features such as Bluetooth connectivity, rapid heating, and USB charging enhance their appeal to tech-savvy users, while simple, user-friendly designs attract both beginners and experienced consumers.

Based on heating methods, the market is divided into conduction, convection, and induction. In 2023, conduction heating dominated, holding a 44% market share and is projected to grow at a CAGR of 13.9%. Conduction vaporizers deliver an efficient vaping experience, heating the herb directly through contact with a hot surface for rapid vapor production. This immediate heat-up feature meets the demands of users who prioritize convenience and fast results, and the straightforward design appeals particularly to beginners.

Europe leads the market, generating approximately USD 900 million in 2023, and projected to grow at a CAGR of 15.9%. This dominance is largely due to the legalization of cannabis for medical use across various European nations, driven by the rising prevalence of conditions like anxiety, depression, and inflammation. Cannabis’s therapeutic potential is increasingly recognized, yet recreational use remains strictly regulated in several areas. This evolving legal landscape has fostered a more accessible market, encouraging innovation and investment in vaporization products across the region.

Table of Contents

133 Pages
Chapter 1 Methodology & Scope
1.1 Market Definitions
1.2 Research design
1.2.1 Research approach
1.2.2 Data collection methods
1.3 Base estimates and calculations
1.3.1 Base year calculation
1.3.1.1 Country-regional level market size estimate (Bottom-Up Approach)
1.3.2.1 Key trends for market estimates
1.4 Forecast model
1.5 Primary research & validation
1.5.1 Primary sources
1.5.2 Data mining sources
Chapter 2 Executive Summary
2.1 Global Dry Herb Cannabis Vaporizers industry 360° synopsis, 2023 - 2032
2.2 Business trends
2.3 Product type trends
2.4 Heating Method trends
2.5 Power Source trends
2.6 Usage trends
2.7 Price range trends
2.8 Distribution channel trends
2.9 Region trends
Chapter 3 Global Dry Herb Cannabis Vaporizers Industry Insights
3.1 Industry ecosystem analysis
3.1.1 Factors affecting the value chain
3.1.2 Profit margin analysis
3.1.3 Disruptions
3.1.4 Future outlook
3.1.5 Manufacturers
3.1.6 Distributors
3.1.7 Vendor matrix
3.2 Industry impact forces
3.2.1 Growth drivers
3.2.1.2 Rising prevalence of chronic disease
3.2.2 Industry pitfalls & challenges
3.2.2.1 Presence of counterfeit products.
3.3 Product comparison of dry herb vaporizers vs smoking
3.3.1 Health impacts
3.3.2 The advantages of cannabis consumption via vaporizers
3.3.3 Advantages of dry herb vaporizers
3.4 Consumer buying behaviour analysis
3.4.1 Consumer group (gender, income level, age group)
3.4.2 Geographical overview
3.4.3 Consumption patterns and trends
3.4.4 Brand reputation and trust
3.5 Growth potential analysis, 2023
3.5.1 Emerging business models
3.5.1.1 New product launch
3.5.1.2 Acquisition
3.6 Demographic overview
3.6.1 Cannabis consumption by country
3.6.2 Cannabis users by country
3.7 Pricing analysis, 2023
3.8 Future market trends
3.9 Breakdown of cannabis consumption methods
3.9.1 Dry herb vaporizers
3.9.2 Edibles
3.9.3 Smoking
3.9.4 Others (tinctures, oils, etc.)
3.10 Macroeconomic factors influencing cannabis vaporizer market
3.11 Regulatory landscape
3.11.1 North America Regulatory landscape
3.11.2 Europe Regulatory landscape
3.11.1 Asia Pacific Regulatory landscape
3.11.2 Latin America Regulatory landscape
3.12 Technological landscape
3.13 Distribution channel analysis
3.13.1 Online channel
3.13.2 Offline channel
3.14 Porter's analysis
3.14.1 Supplier power
3.14.2 Buyer power
3.14.3 Threat of new entrants
3.14.4 Threat of substitutes
3.14.5 Industry rivalry
3.15 PESTEL analysis
Chapter 4 Competitive Landscape
4.1 Introduction
4.2 Company market share analysis, 2023
4.3 Company market share analysis, by country
4.4 Competitive analysis of major market players
4.5 Competitive positioning matrix
4.6 Strategic outlook matrix
Chapter 5 Global Dry Herb Cannabis Vaporizers Market, By Product Type
5.1 Key product type trends
Chapter 6 Global Dry Herb Cannabis Vaporizers Market, By Heating Method
6.1 Key heating method trends
Chapter 7 Global Dry Herb Cannabis Vaporizers Market, By Power Source
7.1 Key power source trends
Chapter 8 Global Dry Herb Cannabis Vaporizers Market, By Usage
8.1 Key usage trends
Chapter 9 Global Dry Herb Cannabis Vaporizers Market, By Price Range
9.1 Key price range trends
Chapter 10 Global Dry Herb Cannabis Vaporizers Market, By Distribution Channel
10.1 Key distribution channel trends
Chapter 11 Global Dry Herb Cannabis Vaporizers Market, By Region
11.1 Key region trends
11.2 North America
11.3 Europe
11.4 Asia Pacific
11.5 Latin America
11.6 Middle East and Africa
Chapter 12 Company Profiles
12.1 Apollo AirVape
12.1.1 Global overview
12.1.2 Market/Business Overview
12.1.3 Financial data
12.1.3.1 Product Landscape
12.1.4 Strategic Outlook
12.1.5 SWOT analysis
12.2 Arizer
12.2.1 Global overview
12.2.2 Market/Business Overview
12.2.3 Financial data
12.2.4 Product Landscape
12.2.5 Strategic Outlook
12.2.6 SWOT analysis
12.3 Flowermate
12.3.1 Global overview
12.3.2 Market/Business Overview
12.3.3 Financial data
12.3.4 Product Landscape
12.3.5 Strategic Outlook
12.3.6 SWOT analysis
12.4 Boundless Technology
12.4.1 Global overview
12.4.2 Market/Business Overview
12.4.3 Financial Data
12.4.4 Product Landscape
12.4.5 Strategic Outlook
12.4.6 SWOT analysis
12.5 DaVinci Vaporizer
12.5.1 Global overview
12.5.2 Market/Business Overview
12.5.3 Financial data
12.5.4 Product Landscape
12.5.5 Strategic Outlook
12.5.6 SWOT analysis
12.6 DynaVap
12.6.1 Global overview
12.6.2 Market/Business Overview
12.6.3 Financial data
12.6.4 Product landscape
12.6.5 Strategic Outlook
12.6.6 SWOT analysis
12.7 HEALTHY RIPS
12.7.1 Global overview
12.7.2 Market/Business Overview
12.7.3 Financial data
12.7.4 Product Landscape
12.7.5 Strategic outlook
12.7.6 SWOT analysis
12.8 Grenco Science
12.8.1 Global overview
12.8.2 Market/Business Overview
12.8.3 Financial Data
12.8.4 Product Landscape
12.8.5 Strategic Outlook
12.8.6 SWOT analysis
12.9 KandyPens, Inc
12.9.1 Global overview
12.9.2 Market/Business Overview
12.9.3 Financial Data
12.9.4 Product landscape
12.9.5 Strategic outlook
12.9.6 SWOT analysis
12.10 O.pen-Slang Worldwide
12.10.1 Global overview
12.10.2 Market/Business Overview
12.10.3 Financial data
12.10.3.1 Sales Revenue, 2020-2022
12.10.4 Product Landscape
12.10.5 Strategic Outlook
12.10.6 SWOT analysis
12.11 PAX Labs, Inc.
12.11.1 Global overview
12.11.2 Market/Business Overview
12.11.3 Financial data
12.11.3.1 Sales Revenue, 2023
12.11.4 Product Landscape
12.11.5 Strategic Outlook
12.11.6 SWOT analysis
12.12 Ooze
12.12.1 Global overview
12.12.2 Market/Business Overview
12.12.3 Financial Data
12.12.4 Product Landscape
12.12.5 Strategic Outlook
12.12.6 SWOT analysis
12.13 STORZ & BICKEL GmbH
12.13.1 Global overview
12.13.2 Market/Business Overview
12.13.3 Financial data
12.13.3.1 Sales Revenue, 2022-2023
12.13.4 Product Landscape
12.13.5 Strategic Outlook
12.13.6 SWOT analysis
12.14 Planet of the Vapes
12.14.1 Global overview
12.14.2 Market/Business Overview
12.14.3 Financial Data
12.14.4 Product Landscape
12.14.5 Strategic Outlook
12.14.6 SWOT analysis
12.15 Topgreen Technology Co., Ltd
12.15.1 Global overview
12.15.2 Market/Business Overview
12.15.3 Financial data
12.15.4 Product Landscape
12.15.5 Strategic Outlook
12.15.6 SWOT analysis

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