Handheld Marijuana Vaporizer Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

A marijuana vaporizer is a device used to heat cannabis and concentrates. The mouthpiece and the battery - the oven - are the essential components of the body of these battery-operated vaporizers. Tetrahydrocannabinol (THC) and Cannabinol (CBN) are the two active components in marijuana (CBN). Vaporizers are a safer and more responsible method to consume marijuana. Vaporizers are perfect because they heat cannabis to the point where only pure CBN and THC are expelled, rather than burning it. Vaporizing does not need burning, and consumers can benefit from active substances. As a result, in terms of flavour, vaporisation is preferable to smoking.

MARKET DYNAMICS

Because of the expanding use and use of marijuana in the treatment of neurological disorders, the global market for handheld marijuana vaporizers is predicted to rise rapidly. Marijuana is a good antidepressant that is commercially available. As a result of marijuana's legalisation, the healthcare industry now recommends cannabis in modest doses to treat people's mental illnesses. This advancement in the medical and healthcare fields also contributes considerably to market growth. Furthermore, the use of smartphones to monitor cannabis temperature is boosting global market growth. Furthermore, the desire to escape from stressful and hectic lifestyles, particularly among millennials, is driving up demand for portable marijuana vaporizers. Key players are launching innovative items with enhanced capabilities on the market.

MARKET SCOPE

The "Global Handheld Marijuana Vaporizer Market Analysis to 2031" is a specialized and in-depth study of the consumer goods industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the handheld marijuana vaporizer market with detailed market segmentation by type and distribution channel. The global handheld marijuana vaporizer market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading handheld marijuana vaporizer market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global handheld marijuana vaporizer market is segmented into type and distribution channel. By type, the handheld marijuana vaporizer market is classified into convention and conduction. By distribution channel, the handheld marijuana vaporizer market is classified into supermarkets and hypermarkets, specialty stores, online retail, others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global handheld marijuana vaporizer market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The handheld marijuana vaporizer market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the handheld marijuana vaporizer market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the handheld marijuana vaporizer market in these regions.

MARKET PLAYERS

The report covers vital developments in the handheld marijuana vaporizer market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the handheld marijuana vaporizer market are anticipated to lucrative growth opportunities in the future with the rising demand for handheld marijuana vaporizer in the global market. Below mentioned is the list of few companies engaged in the handheld marijuana vaporizer market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the handheld marijuana vaporizer market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.

•   Abbott Nutrition
  
•   DaVinci
  
•   PAX Labs, Inc.
  
•   Vapium
  
•   STORZ & BICKEL
  
•   Apollo AirVape
  
•   Grenco Science, Inc.
  
•   Vape Elevate
  
•   Target Group Inc.
  
•   Hound Labs, Inc.
  

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.

Handheld Marijuana Vaporizer Report Scope