Handheld Marijuana Vaporizer Market Report 2026

The handheld marijuana vaporizer market size has grown rapidly in recent years. It will grow from $8.39 billion in 2025 to $9.73 billion in 2026 at a compound annual growth rate (CAGR) of 16%. The growth in the historic period can be attributed to legalization of medical cannabis, demand for discreet consumption methods, growth of specialty vape stores, increased consumer awareness, product portability.

The handheld marijuana vaporizer market size is expected to see rapid growth in the next few years. It will grow to $17.49 billion in 2030 at a compound annual growth rate (CAGR) of 15.8%. The growth in the forecast period can be attributed to legalization in new regions, innovation in battery technology, rising wellness-focused consumption, expansion of online retail, product premiumization. Major trends in the forecast period include rising demand for smoke-free consumption devices, increasing preference for portable vaporizers, product innovation in temperature control, growth of medical cannabis usage, expansion of e-commerce distribution.

The growing legalization of cannabis is expected to drive the growth of the handheld marijuana vaporizer market going forward. Cannabis is a plant genus that includes several species, most notably Cannabis sativa. Legalization is increasing due to changing public attitudes, recognition of its medical benefits, and the potential for economic gains through taxation and regulation. Handheld marijuana vaporizers allow users to consume cannabis efficiently and discreetly by heating it to release active compounds without burning the plant material, reducing harmful toxins and enhancing flavor. For instance, in January 2024, according to the Government of Canada, a Canada-based federal administration, 73% of individuals purchased cannabis from legal sources in 2023, up from 69% in 2022. Therefore, the growing legalization of cannabis is boosting the handheld marijuana vaporizer market.

Leading companies in the handheld marijuana vaporizer market are investing in advanced solutions, such as personalization platforms, to enhance their product offerings and improve user experiences. Personalization platforms make handheld marijuana vaporizers more convenient, effective, and satisfying by customizing the experience to individual preferences and needs. For instance, in July 2023, Pax, a US-based cannabis brand operator, introduced My PAX, a platform allowing users to co-design PAX’s devices. This platform features customization options such as personalized text, images from various themes such as zodiac signs and cannabis culture, and design templates, enabling users to create unique products that reflect their personal style.

In January 2024, Simply Solventless Concentrates (SSC) Ltd., a Canada-based company specializing in the production of cannabis products, acquired Lamplighter for an undisclosed amount. This acquisition aims to enhance SSC's product offerings in the handheld marijuana vaporizer market by integrating Lamplighter's innovative cannabis-infused products, thereby expanding its presence in the growing cannabis sector. Lamplighter is a US-based recreational cannabis company that offers high-quality vapes, infused pre-rolls, and gummies.

Major companies operating in the handheld marijuana vaporizer market are PAX Labs Inc., Storz & Bickel GmbH & Co. KG, Puffco Inc., Linx Vapor Inc., Dynavap LLC, Arizer Inc., G Pen, Boundless Technology Inc., KandyPens Inc., Flowermate, Mig Vapor Inc., Sutra Vape Inc., Cloudious9 Inc., Vuber Technologies Inc., Airistech, Dr. Dabber Inc., Magic-Flight LLC, Haze Technologies Inc., Vivant Inc., and Yocan Technology Co. Ltd.

North America was the largest region in the handheld marijuana vaporizer market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the handheld marijuana vaporizer market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the handheld marijuana vaporizer market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The handheld marijuana vaporizer market consists of sales of storz and dry herb vaporizer, concentrate vaporizers, and hybrid vaporizers. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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