Global Herb Vapourizers Market, By Type (Desktop Vapourizers, Portable Vapourizers), Heating Method (Convection, Conduction), Mechanism (Analog Vapourizers, Digital Vapourizers), Herb Type (Dry Herb, Oil, Wax, Others), Distribution Channel (Specialty Stores, Drug Stores, Supermarket/Hypermarket, Convenience Store, E- Commerce, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa), Industry Trends and Forecast to 2029.
The herb vapourizers market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the market to grow at a CAGR of 35.1% in the above-mentioned forecast period.
A vaporizer also referred as a vape, is basically a device used to vaporize substances for inhalation. It is a small and portable device used to vape herb or flower and are also very easy to use due to its one-button activation system. The various herb type used for vaping are dry herb, oil, wax and others.
Rising awareness about the advantages of herb vaporizers is the major factor fostering the growth of the market. Additionally, increasing usage for medicinal purposes and its other beneficial properties such as it is affordable, convenient to handle, and decreases the chances of lung cancer also further carve the way for the growth of market. Moreover, opting to vape herb instead of smoke it can reduce the amount of waste you produce which is better for the environment and thus further cushion the growth of market. The delivery schedule pressures in multistoried apartments, space constraints and smaller utility and store spaces in the kitchen are expected to hamper the market’s growth.
The benefits of vaporizers as compared to smoking, increasing ratio of personal disposable income and tapping up with the latest trends is estimated to generate growth opportunities in the long run. The factors such as stringent rules and regulations by government pose as a challenge for the market.
This herb vapourizers market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on herb vapourizers market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Herb Vapourizers Market Scope and Market Size
The herb vapourizers market is segmented on the basis of type, heating method, mechanism, herb type and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of type, the market is segmented into desktop vapourizers and portable vapourizers. Desktop vapourizers segment is further divided into bag desktop vapourizers and whip desktop vapourizers. The portable vapourizers segment is segmented into oil vape pens, portable dry vapes, portable wax vapourizers, portable dry with oil vapourizers.
- On the basis of heating method, the market is segmented into convection and conduction.
- On the basis of mechanism, the herb vapourizers market is divided into analog vapourizers and digital vapourizers. Digital vapourizers by battery life segment are segmented into 1-3 hours, 4-5 hours, 6-8 hours and above 8 hours.
- On the basis of herb type, the herb vapourizers market is segmented into dry herb, oil, wax and others.
- On the basis of distribution channel, the herb vapourizers market is divided into specialty stores, drug stores, supermarket/hypermarket, convenience store, e- commerce and others.
Herb Vapourizers Market Country Level Analysis
The herb vapourizers market is analyzes and market size insights and trends are provided by type, heating method, mechanism, herb type and distribution channel as referenced above.
The countries covered in the herb vapourizers market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the herb vapourizers market owing to the increasing legalization of herb coupled with increased disposable income. Asia-Pacific region is expected to score the highest CAGR owing to the surging disposable income as well as rising awareness about the advantages of herb vaporizers within this region.
The country section of the herb vapourizer market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Herb vapourizers Market Share Analysis
The herb vapourizer market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to herb vapourizers market.
Some of the major players operating in the herb vapourizers market report are STORZ & BICKEL, FireFly, Anlerr, Ghost Herbal Concepts Ltd., PAX Labs, Inc., Healthy Rips by Green Curative, Inc., XVapeCanada.ca., Dr. Dabber, Grenco Science, Inc., Cloudious9 Inc, Linx Vapor., Vapium, Apollo AirVape, Grenco Science, Inc, Vape Elevate, MyNextVape, Boundless CF/CFX, Planet of the Vapes, Crafty, FireFly among others.