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The global dry herb cannabis vaporizers market was valued at USD 2.58 billion in 2023 and is estimated to grow at a CAGR of over 14.6% from 2024 to 2032. The global market for dry herb cannabis vaporizers is expanding due to the increasing legalization of cannabis for medical and recreational use.
By 2024, 38 states, 3 territories, and the District of Columbia have legalized medical cannabis, while 23 states permit recreational use, according to the National Conference of State Legislatures (NCSL). This legal shift promotes responsible usage and highlights cannabis's therapeutic benefits, driving interest in healthier consumption methods like vaporizers. As a result, the vaporizer market is seeing increased product variety and innovation, with manufacturers adapting to changing consumer preferences, thus fueling market growth.
Additionally, the dry herb cannabis vaporizers market is growing due to the rise in chronic diseases. More individuals are using cannabis for its therapeutic benefits in managing chronic pain, anxiety, depression, and inflammation. Vaporizers provide a healthier consumption method than smoking, reducing exposure to harmful byproducts.
Report Attribute | Details |
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Base Year: | 2023 |
Dry Herb Cannabis Vaporizers Market Size in 2023: | USD 2.58 Billion |
Forecast Period: | 2024 – 2032 |
Forecast Period 2024 – 2032 CAGR: | 14.6% |
2024 – 2032 Value Projection: | USD 8.79 Billion |
Historical Data for: | 2021 - 2023 |
No. of Pages: | 134 |
Tables, Charts & Figures: | 315 |
Segments covered: | By Product Type, Heating Method, Power Source, Usage, Price Range, Distribution Channel |
Growth Drivers: |
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Pitfalls & Challenges: |
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