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

Portable Cannabis Vaporizer Market size was valued at around USD 3.14 billion in 2023 and is anticipated to register a CAGR of 14.7% between 2024 to 2032. The surging popularity of portable cannabis vaporizer in the cannabis market stems largely from its emphasis on discretion and convenience. Compared to traditional methods such as dab rigs, portable cannabis vaporizers offer a more streamlined and user-friendly experience that aligns perfectly with modern preferences.
 

Portable cannabis vaporizer is way easier to use than dab rigs. Dab rigs often come in several pieces and need a special tool, resembling a mini blowtorch, to heat up the concentrate. Portable cannabis vaporizers, on the other hand, are usually one piece with a built-in heater. They are typically very simple and hassle free to use with just a push on a button.
 

Furthermore, many portable cannabis vaporizers offer features such as temperature control for customized vaping experiences, adding another layer of convenience and user preference to the product.
 

The market for portable cannabis vaporizer has a lot of assurance, but it also faces a lot of hurdles owing to the legal issues and stringent restrictions around cannabis. These obstacles may serve as barriers for the sector, preventing it from expanding into new markets and realizing its full potential.
 

The challenging legal system that controls cannabis usage is one of the main obstacles. In many nations and regions, cannabis is still prohibited for recreational or medical use. Even in those places, there are frequently restrictions on how and where it can be used. There may be some legal confusion around the use of portable cannabis vaporizer for the consumption of cannabis concentrates. This instability might hinder distributors' independence in operation and prevent manufacturers from incorporating particular sectors.
 

Portable Cannabis Vaporizer Market Trends

Health and wellbeing are becoming increasingly important to the cannabis market. The market for portable cannabis vaporizer is being affected by the trend which is concentrated on vaporizer made for absorbing concentrates said to have medicinal qualities. These vaporizers may have features, such as temperature control to maximize the vaporization of phytochemicals or cannabinoids, which are thought to have a variety of medicinal benefits. Furthermore, employing natural and organic ingredients in the creation of portable cannabis vaporizer is becoming more popular among health-conscious consumers.
 

Additionally, technology is playing an increasingly important role, with features including app integration offering a more personalized and controlled experience. These trends highlight the energy of the market and its potential to cater to a broader range of consumer preferences.
 

Portable Cannabis Vaporizer Market Analysis

Based on the heating method of the portable cannabis vaporizer, the market it is segmented into conduction, convection, and induction. The conduction segment holds the maximum share with around USD 1.39 billion in 2023 and is anticipated to grow at a CAGR of 13.9% over the forecast years. The cannabis material in conduction method is placed directly over a hot surface, such as a ceramic chamber or metal oven. This heating technique is quick and effective.
 

Additionally, portable cannabis vaporizers use different heating methods to turn cannabis flower or concentrate into vapor without burning it. Burning destroys many of the beneficial compounds found in cannabis.
 

Based on the power source segment of the portable cannabis vaporizer market, it is segmented into battery and battery free. The battery segment holds the maximum share in the market and dominates it with around USD 1.83 billion in 2023 and is anticipated to grow at a CAGR of 14.2% over the forecast years.
 

The battery segment is a critical factor driving innovations and user experience in the market. Most portable vaporizers rely on internal, rechargeable batteries, offering portability and convenience. Users can enjoy vaping sessions anywhere without needing an immediate power outlet.
 

The portable cannabis vaporizer market in Europe is now the largest in the world, and it is anticipated to continue rising soon. This is due to a few different factors. Firstly, cannabis has been made legal for either medicinal or recreational use in various regions of Europe, most notably the UK. Portable cannabis vaporizer, a method of consuming cannabis concentrates, have a wider market reach owing to this legal access.
 

Secondly, creativity and technological development are strongly ingrained in European society. This indicates that businesses in this area are always creating fresh, enhanced portable cannabis vaporizer designs. Consumers find these pens even more enticing as they become more efficient and user-friendly.
 

North America: In terms of country, the U.S. is dominating the North America portable cannabis vaporizer market with revenue of around USD 501.1 million in 2023 and is expected to reach around USD 1.5 billion by 2032. The U.S. is a major driver of the global market with significant growth potential. The increasing legalization of cannabis for medicinal and recreational use across various parts of the country drives the demand of cannabis vaporizer market in the U.S. The legalization of cannabis and consumer demand in the country and the overall growth of the cannabis vaporizer market points toward a brighter demand for the market in the US.
 

On the other hand, the Canada market is experiencing steady growth and is anticipated to grow over the forecast years. There is a high demand for cannabis concentrates and related products among Canadian consumers and portable cannabis vaporizers are popular due to their convenience portability and the ability to discreetly consume cannabis concentrates.
 

Europe: The Europe portable cannabis vaporizer market is expressing steady growth with a CAGR of around 16.1% during 2023. The legal status of cannabis and related products including portable cannabis vaporizer varies significantly across Europe and this variability affects the market dynamics and consumer access to vapor pen in different countries.
 

In terms of country, Germany legalized medical cannabis in 2017, which significantly boosted the demand for cannabis products including portable cannabis vaporizers for medical purposes. Patients with prescriptions can access a range of cannabis products through pharmacies without any legal uncertainty.
 

On the other hand, in France, cannabis for recreational use is illegal and possession/use can result in legal penalties. However, France has taken steps for legalizing medical cannabis, although it remains tightly regulated.
 

Asia Pacific: The legal status of cannabis and related products varies widely across the Asia Pacific region. Countries, including Japan and South Korea, have strict anti-cannabis laws while others, such as Thailand and Australia, have legalized medical cannabis.
 

In terms of country, in China, the use, possession and sale of cannabis are illegal. China has some of the strictest drug laws globally, with severe penalties for violations. The legal environment significantly restricts the market for cannabis products, including portable cannabis vaporizer in the country.
 

On the other hand, in India, the Narcotic Drugs and Psychotropic Substances Act 1985, regulates cannabis. The cultivation, sale, and use of cannabis except for certain medical and scientific purposes are generally illegal. This strict regulatory framework limits the market of portable cannabis vaporizers in the country.
 

Portable Cannabis Vaporizer Market Share

Key players in the portable cannabis vaporizer industry are Boundless Technologies, Kandy Pens Incorporation, Dip Devices Incorporation, Vuber Technologies, and Yocan technology Company. Together, they accounted for a market share of 15-20% in 2023. These company recognize the growing demand for cannabis products driven by both recreational and medical use as more countries and states legalized cannabis.

The market for portable cannabis vaporizer continues to expand, and firms are capitalizing on this trend by developing products that cater to both the segments. Companies are heavily investing in R&D to innovate portable cannabis vaporizer technologies and the key area of their focus involves improving battery life, enhancing temperature control, and developing more efficient heating elements to provide a better user experience.
 

Portable Cannabis Vaporizer Market Companies

Major companies operating in the portable cannabis vaporizer industry include:

• Apollo Air Vape Incorporation
• Atmos Nation LLC
• Boundless Technology LLC
• Chief Botanicals Inc.
• Dip Devices Inc.
• Dr. Dabber Inc.
• Grenco Science Inc.
• Kandy Pens Incorporation
• Linx Vapor Incorporation
• Mig Vapor LLC
• Puff Corporation
• Tronian Company
• Vivant Inc.
• Vuber Technologies
• Yocan Technology Co.
   

Portable Cannabis Vaporizer Industry News

• In February 2024, Chief Botanicals introduced the Blue Dream THCa disposable portable cannabis vaporizer known for its thick vapor and hassle-free use. It comes pre-charged and offers high vapor quality, making it a popular choice among consumers despite its higher price.
   
• In February2024, Mig Vapor’s Herb-E Seven Micro vaporizer gained attention for its instant heating and premium ceramic heating chambers.
   
• In August 2023, Tronian released its first ever portable cannabis vaporizer, which was noted for its convenience and durability. It features a kanthal heating element and a zirconia mouthpiece that doubles as a dab tool, designed for portability and ease of use.
   

The portable cannabis vaporizer market research report includes in-depth coverage of the industry, with estimates & forecasts in terms of revenue (USD Million) from 2021 to 2032, for the following segments:

Click here to Buy Section of this Report

Market, By Heating Method, 2021 – 2032

• Conduction
• Convection
• Hybrid

Market, By Power Source, 2021 – 2032

• Battery
• Battery free

Market, By Usage, 2021 – 2032

• Medical purpose
• Recreational purpose

Market, By Price Range, 2021 – 2032

• Low
• Medium
• High

Market, By Distribution Channel, 2021 – 2032

• Online
• Offline

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific 
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
• MEA
  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of MEA