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Dry Herb Cannabis Vaporizers Market Share

Report ID: GMI12090
Published Date: Nov 2024
Report Format: PDF

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Dry Herb Cannabis Vaporizers Market Share

The dry herb cannabis vaporizers industry is highly competitive due to presence of various players across the globe. The market leaders such as Storz & Bickel, Pax Labs, Davinci Vaporizer, Apollo Airvape and Arizer hold a market share of 5-10%. These companies compete mainly on product quality, pricing, design, and portability. Manufacturers are frequently updating their products by focusing on better battery life, vapor quality, and ease of use. They are also adopting strategic steps, such as mergers, acquisitions, partnerships, and collaborations, to solidify their position in the market.

Dry Herb Cannabis Vaporizers Market Companies

Major players operating in the dry herb cannabis vaporizers industry are:

Apollo Airvape
Arizer
Boundless Technology
DaVinci Vaporizer
DynaVap
Flowermate
Grenco Science
Healthy Rips
KandyPens
Ooze
Open Slang Worldwide
Pax Labs
Planet of the Vapes
Storz & Bickel
Topgreen Technology

Authors: Avinash Singh , Sunita Singh

Frequently Asked Questions (FAQ) :

The global market size for dry herb cannabis vaporizers was valued at USD 2.58 billion in 2023 and is expected to reach USD 8.79 billion by 2032, driven by a CAGR of over 14.6% from 2024 to 2032.

Portable dry herb cannabis vaporizers accounted for a significant market share in 2023, generating USD 1.93 billion, driven by their convenience, mobility, and compact design.

The European market generated USD 900 million in 2023, driven by the legalization of cannabis for medical use in several countries and the rising prevalence of conditions like anxiety and depression.

Major players in the industry include Apollo Airvape, Arizer, Boundless Technology, DaVinci Vaporizer, DynaVap, Flowermate, Grenco Science, Healthy Rips, and KandyPens.