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Handheld Marijuana Vaporizer Market Trends

  • Report ID: GMI8196
  • Published Date: Feb 2024
  • Report Format: PDF

Handheld Marijuana Vaporizer Market Trends

As consumers become increasingly health-conscious, there is a growing interest in cannabis consumption methods which are perceived as safer alternatives to smoking. Vaporizers are often promoted as a healthier option since they produce vapor instead of smoke, reducing exposure to harmful toxins. Portable vaporizers are particularly popular among consumers who value convenience and discretion. They are compact, lightweight designs that are easy to carry and use on the go. Additionally, vaporizers with sleek, discreet aesthetics may appeal to consumers who prefer to keep their cannabis consumption private.
 

Additionally, consumers are seeking customizable vaporizers that allow them to tailor their vaping experience. This includes adjustable temperature settings, interchangeable cartridges or pods for different strains or concentrates, and accessories that enhance usability & convenience. Companies that offer a wide range of customization options may gain a competitive edge in the market. Some vaporizer brands align themselves with cannabis culture and lifestyle trends, leveraging influencer partnerships, social media marketing & experiential branding to connect with consumers.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of handheld marijuana vaporizer reached USD 6 billion in 2023 and is set to witness 13.2% CAGR from 2024 to 2032, owing to growing legalization of cannabis for medical & recreational purposes worldwide.

The portable segment recorded USD 4.4 billion in 2023, due to consumers opting for vaporizers that are discreet and easy to carry.

North America market size was valued at USD 3.2 billion in 2023, attributed to the increasing legalization and regulation of marijuana for both medical & recreational purposes in the region.

Storz & Bickel GmbH & Co., Arizer, Ghost Herbal Concepts Ltd., Davinci, PAX Labs, Inc., FireFly, Crafty, Hound Labs, Inc., Lobo Genetics, Planet of the Vapes, and Boundless CF/CFX are some of the major handheld marijuana vaporizer companies worldwide.

Handheld Marijuana Vaporizer Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 22
  • Tables & Figures: 232
  • Countries covered: 24
  • Pages: 255
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