Europe Cannabis Vape Market Size & Outlook, 2025-2030
The cannabis vape market in Europe is expected to reach a projected revenue of US$ 2,866.2 million by 2030. A compound annual growth rate of 13.8% is expected of Europe cannabis vape market from 2025 to 2030.
Revenue, 2024 (US$M)
$1,316.9
Forecast, 2030 (US$M)
$2,866.2
CAGR, 2025 - 2030
13.8%
Report Coverage
Europe
Europe Cannabis Vape Market, 2018-2030 (US$M)
Global Market
Related Markets
Europe cannabis vape market highlights
- The Europe cannabis vape market generated a revenue of USD 1,316.9 million in 2024.
- The market is expected to grow at a CAGR of 13.8% from 2025 to 2030.
- In terms of segment, portable was the largest revenue generating type in 2024.
- Portable is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2025 to 2030.
Europe data book summary
| Market revenue in 2024 | USD 1,316.9 million |
| Market revenue in 2030 | USD 2,866.2 million |
| Growth rate | 13.8% (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, Europe region accounted for 22.5% of the global cannabis vape market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,757.0 million by 2030.
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Publish Date: Jan 13, 2025
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Cannabis Vape Market Scope
Cannabis Vape Market segmentation & scope
Cannabis Vape Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Apollo | View profile | 1001-5000 | New York, New York, United States, North America | www.apollo.com |
| JUUL Labs | View profile | 1001-5000 | Washington, District of Columbia, United States, North America | www.juullabs.com |
| PAX Labs | View profile | 101-250 | San Francisco, California, United States, North America | www.pax.com |
| Arizer | View profile | 11-50 | Waterloo, Ontario, Canada, North America | arizer.com |
| Grenco Science | View profile | 11-50 | Los Angeles, California, United States, North America | gpen.com/ |
| Boundless Technology | View profile | - | Boston, Massachusetts, United States, North America | www.boundless.tech/ |
| DaVinci Vaporizer | View profile | 11-50 | Las Vegas, Nevada, United States, North America | www.davincivaporizer.com/ |
| DynaVap | View profile | 1-10 | De Forest, Wisconsin, United States, North America | www.dynavap.com/ |
| Elfbar | View profile | 1001-5000 | Sham Shui Po, Kowloon, Hong Kong, Asia | www.elfbar.com/ |
| Kandy Pens | View profile | 1-10 | Santa Barbara, California, United States, North America | kandypens.com/ |
Europe 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 Outlook will help companies and investors design strategic landscapes.
Portable was the largest segment with a revenue share of 71.01% in 2024.
Horizon Databook has segmented the Europe cannabis vape market based on tabletop, portable covering the revenue growth of each sub-segment from 2018 to 2030.
- Europe Cannabis Vape Market Type Outlook (Revenue, USD Million , 2018-2030)
- Tabletop
- Portable
- Europe Cannabis Vape Market Ingredient Outlook (Revenue, USD Million , 2018-2030)
- Dry Herb Vaporizers
- Oil
- Hybrid
- Europe Cannabis Vape Market Heating Method Outlook (Revenue, USD Million , 2018-2030)
- Conduction
- Convection
- Induction
- Europe Cannabis Vape Market Power Source Outlook (Revenue, USD Million , 2018-2030)
- Battery
- Without Battery
- Europe Cannabis Vape Market Distribution Channel Outlook (Revenue, USD Million , 2018-2030)
- Online
- Offline
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe Cannabis Vape Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Europe Cannabis Vape Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Europe Cannabis Vape Market, 2018-2030 (US$M)
Europe Type - Cannabis Vape Market Statistics, 2024 - 2030 (US$M)
