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How large is the handheld marijuana vaporizer market, and what is its growth trajectory?
The handheld marijuana vaporizer market size has grown rapidly in recent years. It will grow from $7.28 billion in 2024 to $8.49 billion in 2025 at a compound annual growth rate (CAGR) of 16.6%. The growth in the historic period can be attributed to increasing sustainable manufacturing practices, increasing health-conscious choices, increasing focus on research and development, increasing sustainability practices, and increasing acceptance and awareness.
The handheld marijuana vaporizer market size is expected to see rapid growth in the next few years. It will grow to $15.55 billion in 2029 at a compound annual growth rate (CAGR) of 16.3%. The growth in the forecast period can be attributed to the expansion of e-commerce channels, environmental considerations, expansion of distribution channels, the influence of social media, and government health initiatives. Major trends in the forecast period include a focus on safety features, customization and user experience, advances in airflow systems, integration with cannabinoid research, and AI and machine learning.
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What are the key forces behind the handheld marijuana vaporizer market’s growth in recent years?
The growing legalization of cannabis is expected to propel the growth of the handheld marijuana vaporizer market going forward. Cannabis refers to a plant genus that includes several species, most notably Cannabis sativa. The growing legalization of cannabis is due to evolving public attitudes, increasing recognition of its medical benefits, and the potential for substantial economic gains through taxation and regulation. A handheld marijuana vaporizer helps users consume cannabis more efficiently and discreetly by heating it to release its active compounds without burning the plant material, reducing harmful toxins and enhancing flavor. For instance, in January 2024, according to the Government of Canada, a Canada-based federal administration, in 2023, the proportion of individuals purchasing cannabis from legal sources rose to 73%, up from 69% in 2022. Therefore, the growing legalization of cannabis is driving the growth of the handheld marijuana vaporizer market.
What are the major segments of the handheld marijuana vaporizer market?
The handheld marijuana vaporizer market covered in this report is segmented –
1) By Vaporizer Type: Convection Vaporizer; Conduction Vaporizer
2) By Temperature Control: Fixed; Variable
3) By Charger Type: Universal Serial Bus (USB); Micro Universal Serial Bus (USB)
4) By Application: Medical Purposes; Recreational Purposes
5) By Distribution Channel: Supermarkets And Hypermarkets; Specialty Stores; Online Retail; Other Distribution Channels
Subsegments:
1) By Convection Vaporizer: Portable Convection Vaporizers; Desktop Convection Vaporizers; Battery-Powered Convection Vaporizers; Dual-Use Convection Vaporizers
2) By Conduction Vaporizer: Portable Conduction Vaporizers; Desktop Conduction Vaporizers; Battery-Powered Conduction Vaporizers; Hybrid Conduction Vaporizers
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Which companies dominate the handheld marijuana vaporizer market?
Major companies operating in the handheld marijuana vaporizer market are Linx Vapor Inc., PAX Labs Inc., Vivant Inc., Puffco Inc., Haze Technologies Inc., Storz & Bickel GmbH & Co. KG, Snoop Dogg, Magic-Flight LLC, Dynavap LLC, Arizer Inc., G Pen, Boundless Technology Inc., KandyPens Inc., Flowermate, Mig Vapor Inc., Sutra Vape Inc., Cloudious9 Inc., Vuber Technologies Inc., Airistech, Dr. Dabber Inc.
Major companies operating in the handheld marijuana vaporizer market are focusing on developing advanced solutions, such as personalization platforms, to enhance their product offerings by incorporating cutting-edge technology and improving the user experience. The personalization platform enhances the convenience, effectiveness, and satisfaction of using handheld marijuana vaporizers by tailoring the experience to individual needs and preferences. For instance, in July 2023, Pax, a US-based operator of a cannabis brand, launched My PAX to co-design PAX’s devices for enhanced creativity and personal expression. It offers unique features such as the ability to customize vaporizer devices with personalized text, a variety of images from themed categories like zodiac signs and cannabis culture, and design templates, allowing users to create a one-of-a-kind product that reflects their individuality.
What are the key regional dynamics of the handheld marijuana vaporizer market, and which region leads in market share?
North America was the largest region in the handheld marijuana vaporizer market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the handheld marijuana vaporizer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Handheld Marijuana Vaporizer Market Report 2025 Offer?
The handheld marijuana vaporizer market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
A handheld marijuana vaporizer refers to a portable device designed to heat cannabis to a temperature that releases its active compounds, such as delta-9-tetrahydrocannabinol (THC) and cannabidiol (CBD), without burning the plant material. A handheld marijuana vaporizer utilizes controlled heating to gently warm cannabis, producing a vapor that delivers the active compounds without the harmful byproducts of combustion.
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