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Hand held Marijuana Vaporizer Marketplace Measurement, Trade Research 2032

maryjanecentral.com by maryjanecentral.com
8 July 2024
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Hand held Marijuana Vaporizer Marketplace Measurement

Hand held Marijuana Vaporizer Marketplace dimension used to be valued at USD 6 billion in 2023 and is expected to sign in a CAGR of over 13.2% between 2024 and 2032. Rising legalization of hashish for clinical & leisure functions in lots of portions of the arena, rising consciousness in regards to the fitness advantages of vaporizing hashish in comparison to smoking, and developments in vaporizer era resulting in extra effective & user-friendly gadgets are anticipated to propel marketplace enlargement.

 

Handheld Marijuana Vaporizer Market

With expanding consciousness of environmental problems, there’s a rising call for for sustainable and eco-friendly merchandise within the hashish business. Vaporizer producers would possibly discover sustainable fabrics, energy-efficient production processes & recycling projects to scale back their environmental footprint and attraction to environmentally wide awake customers.



Hand held Marijuana Vaporizer Marketplace Document Attributes
Document Characteristic Main points
Base 12 months: 2023
Hand held Marijuana Vaporizer Marketplace Measurement in 2023: USD 6 Billion
Forecast Duration: 2024 – 2032
Forecast Duration 2024 – 2032 CAGR: 13.2%
2024 – 2032 Price Projection: USD 19 Billion
Ancient Knowledge for: 2018 – 2023
No. of Pages: 255
Tables, Charts & Figures: 232
Segments lined: Product Kind, Vaporizer Kind, Value Vary, Charger Kind, Temperature Regulate, Utilization and Distribution Channel
Enlargement Drivers:
  • Legalization and decriminalization
  • Well being consciousness
  • Comfort and portability
Pitfalls & Demanding situations:
  • Regulatory demanding situations
  • Social stigma

Moreover, the legalization of hashish continues to increase in more than a few areas, growing new markets for marijuana vaporizers. Alternatively, regulatory frameworks governing the sale & use of hashish merchandise together with vaporizers can considerably affect marketplace enlargement and product innovation. Vaporizer producers are repeatedly innovating to support the consumer enjoy, beef up vapor high quality, and introduce new options. This comprises trends in heating era, fabrics utilized in vaporizer development, temperature keep an eye on choices, and integration with smartphone apps for personalised vaping reviews.

 

Regardless of the legalization pattern, regulatory demanding situations in positive areas can prohibit the hand held marijuana vaporizer marketplace enlargement. Those demanding situations come with restrictions on promoting & advertising and marketing of cannabis-related merchandise, age restrictions, and ranging rules throughout other jurisdictions. Moreover, in spite of expanding acceptance of hashish use, there nonetheless exists a social stigma related to marijuana intake in lots of communities. This stigma can deter some folks from overtly the use of hand-held vaporizers, in particular in public settings, which would possibly impact marketplace enlargement.

 

Whilst vaporizing is normally thought to be more secure than smoking, there are nonetheless considerations in regards to the long-term fitness results of the use of marijuana vaporizers, in particular associated with the possibility of lung inflammation or respiration problems. Those considerations can deter some doable customers from adopting vaporizers, thereby hindering marketplace enlargement.

 

Hand held Marijuana Vaporizer Marketplace Traits

As customers develop into more and more health-conscious, there’s a rising pastime in hashish intake strategies that are perceived as more secure possible choices to smoking. Vaporizers are continuously promoted as a more healthy possibility since they produce vapor as a substitute of smoke, lowering publicity to damaging toxins. Moveable vaporizers are in particular widespread amongst customers who worth comfort and reticence. They’re compact, light-weight designs which can be simple to hold and use at the move. Moreover, vaporizers with swish, discreet aesthetics would possibly attraction to customers preferring to stay their hashish intake personal.

 

Moreover, customers are looking for customizable vaporizers that let them to tailor their vaping enjoy. This comprises adjustable temperature settings, interchangeable cartridges or pods for various traces or concentrates, and equipment that beef up usability & comfort. Corporations that supply a variety of customization choices would possibly acquire a aggressive edge out there. Some vaporizer manufacturers align themselves with hashish tradition and way of life developments, leveraging influencer partnerships, social media advertising and marketing & experiential branding to hook up with customers.

 

Hand held Marijuana Vaporizer Marketplace Research

Handheld Marijuana Vaporizer Market, By Product Type, 2022-2032 (USD Billion)

In keeping with product kind, the moveable section ruled round USD 4.4 billion income in 2023. Customers continuously choose vaporizers which can be discreet and simple to hold. A conveyable vaporizer will have to be compact sufficient to slot in a pocket or a handbag, permitting customers to apply it to the move with out drawing consideration. Longer battery existence is an important benefit in moveable vaporizers. Customers choose gadgets that may ultimate more than one periods without having widespread recharges, particularly when they’re touring or clear of energy resources.

 

Moreover, moveable vaporizers are intended to be used at the move, they will have to be strong sufficient to resist the trials of day by day use and low drops or bumps. Moreover, customers prioritize protection with regards to vaporizers. Gadgets with options akin to automated shut-off, overheat coverage, and short-circuit prevention encourage self belief amongst customers, thereby boosting product enlargement.

 

Handheld Marijuana Vaporizer Market Share, By Vaporizer Type, 2023

In keeping with vaporizer kind, the conduction vaporizer section held over 80% of the hand held marijuana vaporizer marketplace proportion in 2023. Conduction heating permits the vaporizer to succeed in the specified temperature temporarily, enabling customers to start their vaping periods virtually straight away. That is in particular fine for on-the-go customers who worth comfort and potency. Conduction vaporizers are continuously more effective to perform in comparison to different heating strategies. This simplicity appeals to a variety of customers together with newbies and those that choose hassle-free reviews.

 

Moreover, conduction heating guarantees that the fabric within the chamber is lightly heated, selling effective vaporization and maximizing using marijuana. Customers can be expecting constant vapor manufacturing during their periods, optimizing the enjoy and lowering waste.

 

In keeping with worth vary, the hand held marijuana vaporizer marketplace from mid-range section accounted for 53% of the income proportion in 2023. Mid-range pricing can continuously put across a way of worth for cash. Customers would possibly understand the product as providing high quality options and function with out being overly pricey. This belief of worth can draw in budget-conscious customers who nonetheless choose to buy a high quality product. In a marketplace the place there are each high-end and low-end choices, having a mid-range worth benefit can assist the corporate stand proud of competition. They may be able to be offering options and high quality related to higher-priced vaporizers however at a extra out there worth level.

 

Moreover, mid-range priced vaporizer permits the corporate to attraction to a much broader vary of customers. Some customers would possibly in finding high-end vaporizers too pricey whilst others would possibly understand low-priced ones as missing in high quality. By way of positioning themselves within the mid-range, corporations can draw in each segments of the marketplace.

 

North America Handheld Marijuana Vaporizer Market, 2022 - 2032, (USD Billion)

North The usa hand-held marijuana vaporizer marketplace dimension reached USD 3.2 billion in 2023. North The usa, in particular the U.S. and Canada, has noticed important developments within the legalization and legislation of marijuana for each clinical & leisure functions. This has created a big and rising marketplace for marijuana-related merchandise together with vaporizers. North American corporations had been pioneers in creating leading edge vaporizer applied sciences together with moveable and hand-held gadgets. This innovation has pushed user pastime and adoption of vaporizers within the area.

 

Moreover, there was a rising cultural acceptance of marijuana use in North The usa, in particular for clinical functions, fueling the call for for vaporizers as a discreet & handy option to eat hashish. The upward thrust in disposable source of revenue additional contributes to this regional pattern, thereby propelling marketplace enlargement.

 

Hand held Marijuana Vaporizer Marketplace Percentage

Global Company Market Share Analysis, 2023

In 2023, dominant corporations together with Storz & Bickel GmbH & Co., Arizer, Ghost Natural Ideas Ltd., and Davinci, PAX Labs, Inc. jointly held a considerable 20% – 25% marketplace proportion. The marketplace is extremely fragmented with business leaders actively engaged in strategic projects akin to mergers & acquisitions, facility enlargement, and partnerships to expand their product portfolios, succeed in a much broader buyer base, and fortify their marketplace presence. Those corporations incessantly spend money on analysis & construction to support their merchandise and incorporate new applied sciences, letting them keep forward of the contest.

 

Hand held Marijuana Vaporizer Marketplace Corporations

Primary corporations working in the hand held marijuana vaporizer business come with:

  • Storz & Bickel GmbH & Co.
  • Arizer
  • Ghost Natural Ideas Ltd.
  • Davinci
  • PAX Labs, Inc.
  • FireFly
  • Cunning
  • Hound Labs, Inc.
  • Lobo Genetics
  • Planet of the Vapes
  • Boundless CF/CFX
  • MyNextVape
  • Da Buddha Vaporizers
  • Tera
  • tCheck
  • Kassi Labs Inc.
  • Leaf
  • Puffco
  • Syqe Clinical
  • Unravel Virtual Well being
  • Vapir Upward thrust Vaporizers
  • Wisp

     

Hand held Marijuana Vaporizer Trade Information

  • In April 2022, Dr. Dabber, a hashish era trade, introduced a brand new hashish vape. The brand new moveable vaporizer, referred to as the X Nano eRig, is to be had at the corporation’s web page.

     
  • In April 2019, Firefly, a weed tech startup primarily based within the U.S., introduced Firefly 2 Plus, an app-enabled vaporizer.

     
  • In January 2019, Boundless Era LLC offered its CFC vary known as CFC Lite. The product options 3 pre-set temperature settings, a detachable battery, and haptic comments.

     

The hand held marijuana vaporizer marketplace analysis file comprises in-depth protection of the business, with estimates & forecast with regards to income (USD Billion) and quantity (Million Devices) from 2018 to 2032, for the next segments:

Click on right here to Purchase Phase of this Document

Marketplace, By way of Product Kind

Marketplace, By way of Vaporizer Kind

  • Convection vaporizer
  • Conduction vaporizer

Marketplace, By way of Value Vary

  • Financial system
  • Mid-range
  • Top rate

Marketplace, By way of Charger Kind

Marketplace, By way of Temperature Regulate

Marketplace, By way of Utilization

  • Clinical functions
  • Folks/Leisure functions

Marketplace, By way of Distribution Channel

The above knowledge has been supplied for the next areas and nations:

  • North The usa

    • U.S.
    • Canada
    • Remainder of North The usa

  • Europe

    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Remainder of Europe

  • Asia Pacific

    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Malaysia    
    • Indonesia
    • Remainder of Asia Pacific

  • Latin The usa

    • Brazil
    • Mexico
    • READ ALSO

      Dan From TheChartGuys Insights on Hashish Inventory Marketplace

      4/20 and Marijuana Inc. Who makes what?

    • Remainder of Latin The usa

  • MEA

    • Saudi Arabia
    • UAE
    • South Africa
    • Remainder of MEA

 

Tags: AnalysisHandheldIndustryMarijuanaMarketSizeVaporizer

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