Cannabis Vaporizers Market Report 2026

The cannabis vaporizers market size has grown rapidly in recent years. It will grow from $5.76 billion in 2025 to $6.58 billion in 2026 at a compound annual growth rate (CAGR) of 14.4%. The growth in the historic period can be attributed to legalization of medical cannabis, rising awareness of smoke-free consumption methods, expansion of cannabis dispensaries, growth in vaporization technology adoption, availability of portable vaporizer devices.

The cannabis vaporizers market size is expected to see rapid growth in the next few years. It will grow to $11.27 billion in 2030 at a compound annual growth rate (CAGR) of 14.4%. The growth in the forecast period can be attributed to increasing legalization of recreational cannabis, rising demand for premium vaporizer devices, expansion of online cannabis product sales, growing focus on health-conscious consumption, increasing innovation in heating technologies. Major trends in the forecast period include increasing adoption of portable vaporizers, rising demand for precise temperature control, growing preference for oil and wax vaporizers, expansion of medical cannabis usage, enhanced focus on device safety and design.

The expansion of e-commerce platforms is expected to drive the growth of the cannabis vaporizers market in the future. E-commerce platforms are online systems or software that enable businesses and individuals to buy, sell, and manage products and services over the internet. These platforms facilitate digital transactions, allowing users to conduct business from anywhere with an internet connection. The growth of e-commerce is attributed to the increasing availability of high-speed internet and mobile connectivity, shifting consumer behaviors, and the rise of online payment solutions. E-commerce platforms allow cannabis vaporizer retailers to reach a global audience, giving consumers from various regions access to a wide range of products that may not be available locally. For example, in May 2024, the United States Census Bureau, a US-based government agency, reported that US retail e-commerce sales in the first quarter of 2024 totaled $289.2 billion, reflecting a 2.1% (±0.7%) increase from the fourth quarter of 2023. Consequently, the growth of e-commerce platforms is fueling the cannabis vaporizers market.

Key players in the cannabis vaporizers market are concentrating on developing innovative products, such as biodegradable cannabis vape pens, to address environmental concerns and meet the increasing demand for eco-friendly solutions. A biodegradable cannabis vape pen is made from environmentally friendly materials that naturally decompose, thereby reducing waste and minimizing environmental impact. For instance, in December 2023, AVEO Vapor Device, a China-based cannabis vape hardware manufacturer, launched the URTHC, a biodegradable cannabis vape pen designed to address the environmental issues associated with single-use vape products. This innovative pen is constructed from hemp-reinforced plastics that break down significantly faster than traditional plastics in less than 1,100 days. It features a user-friendly design that facilitates easy removal and recycling of the lithium battery, thereby reducing battery waste. The URTHC pen also includes a wide filling channel for efficient automation, a patent-pending unlocking function for easier access during testing, and a capacity of 1 ML, which can accommodate smaller quantities such as 0.5 ML or 0.3 ML.

In September 2024, Vassar Wellness Enterprises LLC, a US-based provider of in-home personal care services, acquired Final Bell Canada Inc. for an undisclosed amount. This acquisition allows Vassar Wellness Enterprises LLC to broaden its service offerings and extend its reach, strengthening its in-home care capabilities by leveraging the resources and expertise of Final Bell Canada Inc. Final Bell Canada Inc. is a Canadian company specializing in cannabis vaporization devices.

Major companies operating in the cannabis vaporizers market are Greenlane Holdings Inc., Pax Labs Inc., Leafly LLC, Firefly Vapor LLC, Boundless Technology LLC, Storz & Bickel GmbH & Co. KG, Arizer Technologies Inc., Shenzhen Smiss Technology Co. Ltd., Cloudious9 Inc., Dr. Dabber Inc., Grenco Science Inc., Haze Technologies LLC, KandyPens LLC, Sutra Vape Inc., Topgreen Technology Co. Ltd, Vaporbrothers Inc., Vuber Technologies LLC, E-Toke LLC, Pulsar Vaporizers LLC, Atmos Nation LLC, Bong Vaporizer Co. LLC, Herbalizer Inc., Nugget Vaporizer Co. Inc., ZenPen LLC.

North America was the largest region in the cannabis vaporizers market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cannabis vaporizers market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the cannabis vaporizers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The cannabis vaporizers market consists of sales of vaporizer pens, dry herb vaporizers, hybrid vaporizers, vaporizer accessories, and cleaning kits. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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