PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1535933
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1535933
Portable Cannabis Vaporizer Market - By Heating Method (Conduction, Convection, Induction), By Power Source (Battery, Battery Free), By Usage, By Price range, By Distribution Channel Forecast 2024 - 2032
Portable cannabis vaporizer market size is anticipated to witness 14.7% CAGR between 2024 and 2032 driven by increasing consumer preference for healthier consumption methods. Unlike traditional smoking, which can produce harmful byproducts, vaporizers offer a cleaner and more efficient way to consume cannabis by heating it to release cannabinoids and terpenes without combustion.
Modern portable vaporizers are equipped with sophisticated features, such as precise temperature controls long-lasting batteries, as well as compact, discreet designs to enhance user convenience and satisfaction. The growing acceptance of cannabis for medicinal and recreational use in various regions as consumers are seeking portable solutions that align with their lifestyles will further bolster the market growth. For instance, in October 2023, Storz & Bickel, launched Venty, a portable herbal vaporizer featuring a 20-second heat-up time, adjustable airflow offering enhanced cooling for a smoother vaping experience.
The overall industry is segmented into heating method, power source, usage, price range, distribution channel, and region.
By heating method, the portable cannabis vaporizer market size from the induction segment is slated to witness significant growth during 2024-2032 favored by the need for introducing advanced heating technologies that enhance the efficiency and precision of vaporization. Induction heating uses electromagnetic fields to rapidly and evenly heat the cannabis for ensuring a consistent temperature and maximizing the extraction of cannabinoids and terpenes. This technology also reduces the heat-up times to improve the overall vaping experience by delivering smoother, more potent vapor with minimal waste.
Based on usage, the portable cannabis vaporizer market from the medicinal purpose segment will foresee considerable growth up to 2032. This is due to the increasing recognition of cannabis as a treatment for various health conditions. Medical cannabis patients also prefer vaporizers as they offer a more controlled and precise delivery of cannabinoids compared to traditional methods for reducing potential side effects and enhancing therapeutic outcomes.
Asia Pacific portable cannabis vaporizer industry is anticipated to witness substantial growth through 2032 attributed to the increasing legalization and acceptance of cannabis for both medicinal and recreational use. As regulatory frameworks evolve and more countries move towards decriminalizing or legalizing cannabis, there is growing demand for efficient and discreet consumption methods, adding to the regional product demand.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Market scope & definitions
- 1.2 Research design
- 1.2.1 Research approach
- 1.2.2 Data collection methods
- 1.3 Base estimates & calculations
- 1.3.1 Base year calculation
- 1.3.2 Key trends for market estimation
- 1.4 Forecast model
- 1.5 Primary research and validation
- 1.5.1 Primary sources
- 1.5.2 Data mining sources
Chapter 2 Executive Summary
- 2.1 Industry 360° synopsis
Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.1.1 Factor 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 Retailers
- 3.2 Industry impact forces
- 3.2.1 Growth drivers
- 3.2.1.1 Expanding legalization of Cannabis
- 3.2.1.2 Focus on discretion and convenience
- 3.2.1.3 Technological advancements
- 3.2.2 Industry pitfalls & challenges
- 3.2.2.1 Strict regulations and legal hurdles
- 3.2.2.2 Safety concern
- 3.2.1 Growth drivers
- 3.3 Growth potential analysis
- 3.4 Porter's analysis
- 3.5 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
- 4.1 Company market share analysis
- 4.2 Competitive positioning matrix
- 4.3 Strategic outlook matrix
Chapter 5 Portable Cannabis Vaporizer Market Estimates & Forecast, By Heating Method (USD Million)
- 5.1 Key trends
- 5.2 Conduction
- 5.3 Convection
- 5.4 Hybrid
Chapter 6 Portable Cannabis Vaporizer Market Estimates & Forecast, By Power Source (USD Million)
- 6.1 Key trends
- 6.2 Battery
- 6.3 Battery free
Chapter 7 Portable Cannabis Vaporizer Market Estimates & Forecast, By Usage (USD Million)
- 7.1 Key trends
- 7.2 Medical purpose
- 7.3 Recreational purpose
Chapter 8 Portable Cannabis Vaporizer Market Estimates & Forecast, By Price range (USD Million)
- 8.1 Key trends
- 8.2 Low
- 8.3 Medium
- 8.4 High
Chapter 9 Portable Cannabis Vaporizer Market Estimates & Forecast, By Distribution Channel (USD Million)
- 9.1 Key trends
- 9.2 Online
- 9.3 Offline
Chapter 10 Portable Cannabis Vaporizer Market Estimates & Forecast, By Region (USD Million)
- 10.1 Key trends, by region
- 10.2 North America
- 10.2.1 U.S.
- 10.2.2 Canada
- 10.3 Europe
- 10.3.1 Germany
- 10.3.2 UK
- 10.3.3 France
- 10.3.4 Italy
- 10.3.5 Spain
- 10.3.6 Rest of Europe
- 10.4 Asia Pacific
- 10.4.1 China
- 10.4.2 India
- 10.4.3 Japan
- 10.4.4 South Korea
- 10.4.5 Australia
- 10.4.6 Rest of Asia Pacific
- 10.5 Latin America
- 10.5.1 Brazil
- 10.5.2 Mexico
- 10.5.3 Argentina
- 10.5.4 Rest of Latin America
- 10.6 MEA
- 10.6.1 Saudi Arabia
- 10.6.2 UAE
- 10.6.3 South Africa
- 10.6.4 Rest of MEA
Chapter 11 Company Profiles
- 11.1 Apollo Air Vape Incorporation
- 11.2 Atmos Nation LLC
- 11.3 Boundless Technology LLC
- 11.4 Chief Botanicals Inc.
- 11.5 Dip Devices Inc.
- 11.6 Dr. Dabber Inc.
- 11.7 Grenco Science Inc.
- 11.8 Kandy Pens Incorporation
- 11.9 Linx Vapor Incorporation
- 11.10 Mig Vapor LLC
- 11.11 Puff Corporation
- 11.12 Tronian Company
- 11.13 Vivant Inc.
- 11.14 Vuber Technologies
- 11.15 Yocan Technology Co.
