Global Herb Vapourizers Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Type;

Desktop Vapourizers and Portable Vapourizers.

By Heating Method;

Convection and Conduction.

By Mechanism;

Analog Vapourizers and Digital Vapourizers.

By Herb Type;

Dry Herb, Oil and Wax.

By Distribution Channel;

Specialty Stores, Drug Stores, Supermarket/Hypermarket, Convenience Store, E- Commerce and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East, Africa and Latin America. - Report Timeline (2020 - 2030).
Report ID: Rn790026246 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Herb Vapourizers Market (USD Million), 2020 - 2030

In the year 2023, the Global Herb Vapourizers Market was valued at USD 12,480.90 million. The size of this market is expected to increase to USD 104,405.06 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 35.5%.

The global herb vaporizers market is witnessing significant growth, driven by the increasing adoption of vaporization as a preferred method for consuming herbs. With the rising awareness regarding the health benefits associated with vaporizing herbs compared to traditional smoking methods, consumers are increasingly inclined towards vaporizers. This trend is further fueled by the growing demand for portable and convenient devices that offer discretion and ease of use.

Technological advancements in vaporizer designs have led to the development of innovative features such as temperature control, rapid heating, and improved battery life, enhancing the overall user experience. The expanding legalization of cannabis for medical and recreational purposes across various regions is anticipated to propel market growth further. The shift towards herbal alternatives for tobacco and nicotine consumption is contributing to the expansion of the herb vaporizers market globally.

Key market players are focusing on product innovation and strategic collaborations to gain a competitive edge in the market. The introduction of smart vaporizers with Bluetooth connectivity and app integration is expected to attract tech-savvy consumers. The online retail segment is experiencing significant traction due to its wide reach and convenience, offering consumers a diverse range of products to choose from. As consumer preferences continue to evolve towards healthier lifestyle choices, the global herb vaporizers market is poised for continued growth in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Heating Method
    3. Market Snapshot, By Mechanism
    4. Market Snapshot, By Herb Type
    5. Market Snapshot, By Distribution Channel
    6. Market Snapshot, By Region
    7. Market Opportunity Map
  4. Global Herb Vapourizers Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Health Awareness

        2. Convenience and Portability

        3. Technological Advancements

        4. Shift from Smoking to Vaporizing

      2. Restraints
        1. Environmental Concerns

        2. Rising Legalization of Cannabis

        3. Expanding Distribution Channels

        4. Growing Awareness and Education

      3. Opportunities
        1. Limited Accessibility

        2. Competitive Landscape

        3. Cultural and Social Factors

        4. Health Concerns and Regulations

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Herb Vapourizers Market, By Type, 2020 - 2030 (USD Million)
      1. Desktop Vapourizers
      2. Portable Vapourizers
    2. Global Herb Vapourizers Market, By Heating Method, 2020 - 2030 (USD Million)
      1. Convection
      2. Conduction
    3. Global Herb Vapourizers Market, By Mechanism, 2020 - 2030 (USD Million)
      1. Analog Vapourizers
      2. Digital Vapourizers
    4. Global Herb Vapourizers Market, By Herb Type, 2020 - 2030 (USD Million)
      1. Dry Herb
      2. Oil
      3. Wax
    5. Global Herb Vapourizers Market, By Geography, 2020 - 2030 (USD Million)
      1. North America

        1. United States

        2. Canada

      2. Europe

        1. Germany

        2. United Kingdom

        3. France

        4. Italy

        5. Spain

        6. Nordic

        7. Benelux

        8. Rest of Europe

      3. Asia Pacific

        1. Japan

        2. China

        3. India

        4. Australia/New Zealand

        5. South Korea

        6. ASEAN

        7. Rest of Asia Pacific

      4. Middle East & Africa

        1. GCC

        2. Israel

        3. South Africa

        4. Rest of Middle East & Africa

      5. Latin America

        1. Brazil

        2. Mexico

        3. Argentina

        4. Rest of Latin America

  6. Competitive Landscape
    1. Company Profiles
      1. Storz & Bickel

      2. FireFly

      3. Anlerr

      4. Ghost Herbal Concepts Ltd

      5. Pax Labs

      6. Healthy Rips by Green Curative, Inc

      7. XVapeCanada.ca

      8. Dr. Dabber

      9. Grenco Science, Inc

      10. MyNextVape

      11. Vapium

      12. Apollo AirVape

      13. Grenco Science

      14. Vape Elevate

  7. Analyst Views
  8. Future Outlook of the Market

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