Cannabis Vaporizers Market SWOT Analysis by 2031
Cannabis vaporizers are dry-herb vaporizers that can be used to inhale cannabis. Cannabis is often consumed or smoked as a psychoactive drug. Cannabis vaporizers are specially designed and made of glass, ceramics, or a blend of metals for inhalation of cannabis. The extract of cannabis flowers provides relief from inflammation, anxiety, and nausea.
MARKET DYNAMICS
Cannabis vaporizers are convenient and they reduced the risk of cancer. The burning and smoking of cannabis release tar and chemicals that caused cancer. These vaporizers heat the cannabis below its combustion temperature and produced vapor. In this method, the THC is released by reducing the smoke containing tar and toxins level. These vaporizers reduced the risk it contains. Moreover, the legalization of cannabis at the national level in many countries, the growing interest in inhalation of cannabis among the consumers, growing demand for portable vaporizers, the manufacturers are focusing on vapes formulation, technologically tested cartridges are the aspects that are contributing to the growth of the market globally.
MARKET SCOPE
The "Global Cannabis Vaporizers Market Analysis to 2031" is a specialized and in-depth study of consumer goods industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the cannabis vaporizers market with detailed market segmentation by types and distribution channel. The global cannabis vaporizers market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading cannabis vaporizers market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global cannabis vaporizers market is segmented into types and distribution channel. Based on types, the global cannabis vaporizers market is segmented into table top vaporizers, portable vaporizers, and vape. By distribution channel, the global cannabis vaporizers market is classified into specialty stores, online, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the cannabis vaporizers industry, including both qualitative and quantitative information. It provides an overview and forecast of the global cannabis vaporizers 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 cannabis vaporizers 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 cannabis vaporizers 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 cannabis vaporizers market in these regions.
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The report provides a detailed overview of the cannabis vaporizers industry, including both qualitative and quantitative information. It provides an overview and forecast of the global cannabis vaporizers 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 cannabis vaporizers 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 cannabis vaporizers 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 cannabis vaporizers market in these regions.
MARKET PLAYERS
The report covers vital developments in the cannabis vaporizers 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 cannabis vaporizers market are anticipated to lucrative growth opportunities in the future with the rising demand for cannabis vaporizers in the global market. Below mentioned is the list of few companies engaged in the cannabis vaporizers market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the cannabis vaporizers 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.
- Storz & Bickel GmbH & Co.
- Arizer
- Ghost Herbal Concepts Ltd.
- Davinci
- PAX Labs, Inc.
- FireFly
- Crafty
- Planet of the Vapes
- Boundless CF/CFX
- MyNextVape
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.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Cannabis Vaporizers - By Type
1.3.2 Cannabis Vaporizers - By Distribution Channel
1.3.3 Cannabis Vaporizers - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. CANNABIS VAPORIZERS LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. CANNABIS VAPORIZERS - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. CANNABIS VAPORIZERS - GLOBAL MARKET ANALYSIS
6.1. CANNABIS VAPORIZERS - GLOBAL MARKET OVERVIEW
6.2. CANNABIS VAPORIZERS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. CANNABIS VAPORIZERS - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. TABLETOP VAPORIZERS
7.3.1. Overview
7.3.2. Tabletop Vaporizers Market Forecast and Analysis
7.4. PORTABLE VAPORIZERS
7.4.1. Overview
7.4.2. Portable Vaporizers Market Forecast and Analysis
7.5. VAPE
7.5.1. Overview
7.5.2. Vape Market Forecast and Analysis
8. CANNABIS VAPORIZERS - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
8.1. OVERVIEW
8.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
8.3. SPECIALTY STORES
8.3.1. Overview
8.3.2. Specialty Stores Market Forecast and Analysis
8.4. ONLINE
8.4.1. Overview
8.4.2. Online Market Forecast and Analysis
8.5. OTHERS
8.5.1. Overview
8.5.2. Others Market Forecast and Analysis
9. CANNABIS VAPORIZERS REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Cannabis Vaporizers Overview
9.1.2 North America Cannabis Vaporizers Forecasts and Analysis
9.1.3 North America Cannabis Vaporizers Forecasts and Analysis - By Type
9.1.4 North America Cannabis Vaporizers Forecasts and Analysis - By Distribution Channel
9.1.5 North America Cannabis Vaporizers Forecasts and Analysis - By Countries
9.1.5.1 Canada Cannabis Vaporizers
9.1.5.1.1 Canada Cannabis Vaporizers by Type
9.1.5.1.2 Canada Cannabis Vaporizers by Distribution Channel
9.1.5.2 Mexico Cannabis Vaporizers
9.1.5.2.1 Mexico Cannabis Vaporizers by Type
9.1.5.2.2 Mexico Cannabis Vaporizers by Distribution Channel
9.1.5.3 US Cannabis Vaporizers
9.1.5.3.1 US Cannabis Vaporizers by Type
9.1.5.3.2 US Cannabis Vaporizers by Distribution Channel
9.2. EUROPE
9.2.1 Europe Cannabis Vaporizers Overview
9.2.2 Europe Cannabis Vaporizers Forecasts and Analysis
9.2.3 Europe Cannabis Vaporizers Forecasts and Analysis - By Type
9.2.4 Europe Cannabis Vaporizers Forecasts and Analysis - By Distribution Channel
9.2.5 Europe Cannabis Vaporizers Forecasts and Analysis - By Countries
9.2.5.1 Germany Cannabis Vaporizers
9.2.5.1.1 Germany Cannabis Vaporizers by Type
9.2.5.1.2 Germany Cannabis Vaporizers by Distribution Channel
9.2.5.2 France Cannabis Vaporizers
9.2.5.2.1 France Cannabis Vaporizers by Type
9.2.5.2.2 France Cannabis Vaporizers by Distribution Channel
9.2.5.3 Italy Cannabis Vaporizers
9.2.5.3.1 Italy Cannabis Vaporizers by Type
9.2.5.3.2 Italy Cannabis Vaporizers by Distribution Channel
9.2.5.4 United Kingdom Cannabis Vaporizers
9.2.5.4.1 United Kingdom Cannabis Vaporizers by Type
9.2.5.4.2 United Kingdom Cannabis Vaporizers by Distribution Channel
9.2.5.5 Russia Cannabis Vaporizers
9.2.5.5.1 Russia Cannabis Vaporizers by Type
9.2.5.5.2 Russia Cannabis Vaporizers by Distribution Channel
9.2.5.6 Rest of Europe Cannabis Vaporizers
9.2.5.6.1 Rest of Europe Cannabis Vaporizers by Type
9.2.5.6.2 Rest of Europe Cannabis Vaporizers by Distribution Channel
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Cannabis Vaporizers Overview
9.3.2 Asia-Pacific Cannabis Vaporizers Forecasts and Analysis
9.3.3 Asia-Pacific Cannabis Vaporizers Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Cannabis Vaporizers Forecasts and Analysis - By Distribution Channel
9.3.5 Asia-Pacific Cannabis Vaporizers Forecasts and Analysis - By Countries
9.3.5.1 Australia Cannabis Vaporizers
9.3.5.1.1 Australia Cannabis Vaporizers by Type
9.3.5.1.2 Australia Cannabis Vaporizers by Distribution Channel
9.3.5.2 China Cannabis Vaporizers
9.3.5.2.1 China Cannabis Vaporizers by Type
9.3.5.2.2 China Cannabis Vaporizers by Distribution Channel
9.3.5.3 India Cannabis Vaporizers
9.3.5.3.1 India Cannabis Vaporizers by Type
9.3.5.3.2 India Cannabis Vaporizers by Distribution Channel
9.3.5.4 Japan Cannabis Vaporizers
9.3.5.4.1 Japan Cannabis Vaporizers by Type
9.3.5.4.2 Japan Cannabis Vaporizers by Distribution Channel
9.3.5.5 South Korea Cannabis Vaporizers
9.3.5.5.1 South Korea Cannabis Vaporizers by Type
9.3.5.5.2 South Korea Cannabis Vaporizers by Distribution Channel
9.3.5.6 Rest of Asia-Pacific Cannabis Vaporizers
9.3.5.6.1 Rest of Asia-Pacific Cannabis Vaporizers by Type
9.3.5.6.2 Rest of Asia-Pacific Cannabis Vaporizers by Distribution Channel
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Cannabis Vaporizers Overview
9.4.2 Middle East and Africa Cannabis Vaporizers Forecasts and Analysis
9.4.3 Middle East and Africa Cannabis Vaporizers Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Cannabis Vaporizers Forecasts and Analysis - By Distribution Channel
9.4.5 Middle East and Africa Cannabis Vaporizers Forecasts and Analysis - By Countries
9.4.5.1 South Africa Cannabis Vaporizers
9.4.5.1.1 South Africa Cannabis Vaporizers by Type
9.4.5.1.2 South Africa Cannabis Vaporizers by Distribution Channel
9.4.5.2 Saudi Arabia Cannabis Vaporizers
9.4.5.2.1 Saudi Arabia Cannabis Vaporizers by Type
9.4.5.2.2 Saudi Arabia Cannabis Vaporizers by Distribution Channel
9.4.5.3 U.A.E Cannabis Vaporizers
9.4.5.3.1 U.A.E Cannabis Vaporizers by Type
9.4.5.3.2 U.A.E Cannabis Vaporizers by Distribution Channel
9.4.5.4 Rest of Middle East and Africa Cannabis Vaporizers
9.4.5.4.1 Rest of Middle East and Africa Cannabis Vaporizers by Type
9.4.5.4.2 Rest of Middle East and Africa Cannabis Vaporizers by Distribution Channel
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Cannabis Vaporizers Overview
9.5.2 South and Central America Cannabis Vaporizers Forecasts and Analysis
9.5.3 South and Central America Cannabis Vaporizers Forecasts and Analysis - By Type
9.5.4 South and Central America Cannabis Vaporizers Forecasts and Analysis - By Distribution Channel
9.5.5 South and Central America Cannabis Vaporizers Forecasts and Analysis - By Countries
9.5.5.1 Brazil Cannabis Vaporizers
9.5.5.1.1 Brazil Cannabis Vaporizers by Type
9.5.5.1.2 Brazil Cannabis Vaporizers by Distribution Channel
9.5.5.2 Argentina Cannabis Vaporizers
9.5.5.2.1 Argentina Cannabis Vaporizers by Type
9.5.5.2.2 Argentina Cannabis Vaporizers by Distribution Channel
9.5.5.3 Rest of South and Central America Cannabis Vaporizers
9.5.5.3.1 Rest of South and Central America Cannabis Vaporizers by Type
9.5.5.3.2 Rest of South and Central America Cannabis Vaporizers by Distribution Channel
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. CANNABIS VAPORIZERS, KEY COMPANY PROFILES
11.1. STORZ & BICKEL GMBH & CO.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. ARIZER
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. GHOST HERBAL CONCEPTS LTD.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. DAVINCI
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. PAX LABS, INC.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. FIREFLY
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. CRAFTY
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. PLANET OF THE VAPES
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. BOUNDLESS CF/CFX
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. MYNEXTVAPE
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Storz & Bickel GmbH & Co.
2. Arizer
3. Ghost Herbal Concepts Ltd.
4. Davinci
5. PAX Labs, Inc.
6. FireFly
7. Crafty
8. Planet of the Vapes
9. Boundless CF/CFX
10. MyNextVape
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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