Global Cannabis Vape Market Size & Outlook, 2025-2030
Global cannabis vape market, 2018-2030 (US$M)
Related Markets
Global cannabis vape market highlights
- The global cannabis vape market generated a revenue of USD 5,851.0 million in 2024 and is expected to reach USD 13,060.8 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 14.3% by 2030.
- In terms of segment, portable accounted for a revenue of USD 4,159.8 million in 2024.
- Portable is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 5,851.0 million |
| Market revenue in 2030 | USD 13,060.8 million |
| Growth rate | 14.3% (CAGR from 2025 to 2030) |
| Largest segment | Portable |
| Fastest growing segment | Portable |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tabletop, Portable |
Other key industry trends
- In terms of revenue, the North America accounted for 38.3% of the global cannabis vape market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 395.1 million by 2030.
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Cannabis Vape Market Scope
Cannabis Vape Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Kandy Pens | View profile | 1-10 | Santa Barbara, California, United States, North America | http://kandypens.com/ |
| Elfbar | View profile | 1001-5000 | Sham Shui Po, Kowloon, Hong Kong, Asia | https://www.elfbar.com/ |
| DynaVap | View profile | 1-10 | De Forest, Wisconsin, United States, North America | https://www.dynavap.com/ |
| DaVinci Vaporizer | View profile | 11-50 | Las Vegas, Nevada, United States, North America | http://www.davincivaporizer.com/ |
| Boundless Technology | View profile | - | Boston, Massachusetts, United States, North America | https://www.boundless.tech/ |
| Grenco Science | View profile | 11-50 | Los Angeles, California, United States, North America | http://gpen.com/ |
| Arizer | View profile | 11-50 | Waterloo, Ontario, Canada, North America | https://arizer.com |
| PAX Labs | View profile | 101-250 | San Francisco, California, United States, North America | https://www.pax.com |
| JUUL Labs | View profile | 1001-5000 | Washington, District of Columbia, United States, North America | https://www.juullabs.com |
| Apollo | View profile | 1001-5000 | New York, New York, United States, North America | https://www.apollo.com |
Global cannabis vape market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cannabis vape market will help companies and investors design strategic landscapes.
Portable was the largest segment with a revenue share of 71.1% in 2024. Horizon Databook has segmented the Global cannabis vape market based on tabletop, portable covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Cannabis Vape Type Outlook (Revenue, USD Million, 2018-2030)
- Tabletop
- Portable
- Global Cannabis Vape Ingredient Outlook (Revenue, USD Million, 2018-2030)
- Dry Herb Vaporizers
- Oil
- Hybrid
- Global Cannabis Vape Heating Method Outlook (Revenue, USD Million, 2018-2030)
- Conduction
- Convection
- Induction
- Global Cannabis Vape Power Source Outlook (Revenue, USD Million, 2018-2030)
- Battery
- Without Battery
- Global Cannabis Vape Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Online
- Company Websites
- E-commerce
- Offline
- Dispensaries
- Specialty Stores
- Others
- Online
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Target buyers of Global cannabis vape market databook
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Our clientele includes a mix of cannabis vape market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global cannabis vape market , including forecasts for subscribers. This global databook contains high-level insights into Global cannabis vape market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global cannabis vape market size, by regions, 2018-2030 (US$M)
Top 10 countries: Cannabis vape market size, 2024 (US$M)
Global cannabis vape market share, by type, 2024 & 2030 (%, US$M)
Cannabis vape market: Opportunity assessment by country
Global cannabis vape market, by region, 2024 (US$M)
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