Portable Cannabis Vaporizer Market 2024

The portable cannabis vaporizer market size has grown rapidly in recent years. It will grow from $2.56 billion in 2023 to $2.9 billion in 2024 at a compound annual growth rate (CAGR) of 13.4%. The growth observed during the historical period can be attributed to several factors, including heightened awareness of health risks, rising consumer demand for discretion, enhanced education on cannabis, growing environmental concerns, and increased research into the effects of cannabinoids.

The portable cannabis vaporizer market size is expected to see rapid growth in the next few years. It will grow to $4.82 billion in 2028 at a compound annual growth rate (CAGR) of 13.5%. The projected growth during the forecast period can be attributed to shifts in cultural attitudes, the expansion of the cannabis industry, increased community events and expos, growth within the recreational sector, and the proliferation of online distribution channels. Key trends anticipated in this period include the development of longer-lasting batteries, wireless charging technologies, portable extraction systems, advanced sensors, and integration with wearable technology.

The increasing legalization of cannabis is anticipated to drive significant growth in the portable cannabis vaporizer market moving forward. Cannabis encompasses a genus of flowering plants recognized for their psychoactive and medicinal properties, commonly utilized in forms such as marijuana and hemp. The rising acceptance of cannabis is attributed to a growing acknowledgment of its medicinal benefits, the potential for economic growth, and evolving public attitudes toward drug policy reform. Portable cannabis vaporizers provide users with a discreet, convenient, and efficient method for consuming cannabis while minimizing harmful byproducts associated with traditional smoking methods. For example, in January 2024, the Government of Canada reported that in 2023, the percentage of individuals purchasing cannabis from legal sources increased to 73%, up from 69% in 2022. Consequently, the expanding legalization of cannabis is a key driver of the portable cannabis vaporizer market's growth.

Prominent companies in the portable cannabis vaporizer market are concentrating on the development of advanced devices to enhance user experience and meet rising consumer demands. A portable cannabis vaporizer is defined as a compact, battery-operated device designed to heat cannabis to a temperature that generates vapor without combustion. For instance, in November 2022, Dr. Dabber, a US-based company specializing in smoking and vaping products, introduced the XS Nano eRig, a cannabis vaporizer engineered for portability and convenience, making it ideal for use in diverse settings, from road trips to outdoor events. This device features a direct flavor pathway for improved taste, temperature-controlled resistance (TCR) for customizable heat settings, a compact and portable design, spill-proof construction for ease of use while on the go, and impressive battery life, allowing for up to 35 heating cycles on a single charge.

In February 2024, The Cannabist Company Holdings Inc., a US-based manufacturer of cannabis products, entered into a partnership with Airo Brand to introduce Airo’s advanced vaporizing technology to West Virginia through its five Cannabist dispensaries. This collaboration aims to merge Airo's state-of-the-art vaporization technology and premium materials to enhance the consumption experience for customers. Airo Brands is a US-based manufacturer specializing in portable cannabis vaporizers.

Major companies operating in the portable cannabis vaporizer market are PAX Labs Inc., VaporFi Inc., Storz & Bickel GmbH & Co. KG, TVAPE Inc., Magic-Flight Inc., Dynavap LLC, Arizer Inc., Linx Vapor Inc., Grenco Science Inc., KandyPens Inc., Mig Vapor Inc., Vuber Technologies Inc., Yocan Technology Co Ltd., Planet of the Vapes LLC, Focus V Technologies Inc., AtmosRx LLC, The Kind Pen LLC, Dr. Dabber Inc., Apollo Cannabis Clinics, Vivant Inc.

North America was the largest region in the portable cannabis vaporizer market in 2023. The regions covered in the portable cannabis vaporizer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the portable cannabis vaporizer market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

A portable cannabis vaporizer is a handheld device designed to heat cannabis to a temperature that generates vapor instead of smoke. By employing precise temperature control, these vaporizers create a vapor that can be inhaled, offering a smoother and potentially healthier alternative to traditional smoking.

The primary heating methods in portable cannabis vaporizers are convection and hybrid systems. Convection vaporizers utilize heated air to vaporize cannabis without direct contact with a heating element, resulting in efficient and smooth vapor production. These devices are powered by either battery-operated or battery-free options and are available in various price ranges, classified as low, medium, and high. Portable cannabis vaporizers serve both medical and recreational purposes and are distributed through a combination of online and offline platforms.

The portable cannabis vaporizer market research report is one of a series of new reports that provides portable cannabis vaporizer market statistics, including the portable cannabis vaporizer industry's global market size, regional shares, competitors with a portable cannabis vaporizer market share, detailed portable cannabis vaporizer market segments, market trends, and opportunities, and any further data you may need to thrive in the portable cannabis vaporizer industry. This portable cannabis vaporizer market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The portable cannabis vaporizer market consists of sales of dry herb vaporizers, pen vaporizers, concentrate vaporizers, and pod-based vaporizers. 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.


This product will be delivered within 3-5 business days.