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Portable Cannabis Vaporizer Market Share

Report ID: GMI10008
Published Date: Jun 2024
Report Format: PDF

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Portable Cannabis Vaporizer Market Share

Portable Cannabis Vaporizer Market Size, 2021 - 2032 (USD Billion)

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.

Authors: Avinash Singh , Sunita Singh

Frequently Asked Questions (FAQ) :

Global portable cannabis vaporizer market was valued at around USD 3.14 billion in 2023 and is anticipated to register 14.7% CAGR between 2024 to 2032, owing to the growing emphasis on discretion and convenience.

The portable cannabis vaporizer industry size from the conduction segment is anticipated to grow at 13.9% CAGR through 2032, owing to the quick and effective nature of conduction heating.

U.S. portable cannabis vaporizer industry is expected to reach around USD 1.5 billion by 2032, driven by the increasing legalization of cannabis for medicinal and recreational use.

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 among others.