Press release
Global Vaporizers Market 2024 - By Size, Drivers, Trends, Competitors And Overview By 2033
Vaporizers Market
The Business Research Company presents an extensive market research report on the Vaporizers Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The vaporizers market size has grown exponentially in recent years. It will grow from $21.92 billion in 2023 to $27.97 billion in 2024 at a compound annual growth rate (CAGR) of 27.6%. The growth in the historic period can be attributed to shift in consumer preferences, health and wellness trends, regulatory changes favoring vaping, increasing social acceptance, product innovation and design.
The vaporizers market size is expected to see exponential growth in the next few years. It will grow to $70.55 billion in 2028 at a compound annual growth rate (CAGR) of 26.0%. The growth in the forecast period can be attributed to rise in canna*bis legalization, growing e-cigarette usage, expansion of vape culture, focus on sustainable and eco-friendly products, health consciousness and harm reduction. Major trends in the forecast period include disposable vaporizer pens, innovation in materials and design, customization and personalization, strict regulatory compliance, eco-friendly practices.
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Key Market Players:
Major companies operating in the vaporizers market report are Procter & Gamble. Company, GE Healthcare Technologies Inc, Atmos Nation LLC, Draegerwerk AG & Co. KGaA, Rothacher Medical GmbH, HANU LABS INC, Intersurgical Ltd., PAX Labs Inc, Boundless Technology, Ghost Vapes CO LIMITED., Felton Grimwade & Bosisto's Pty Ltd., Puffco Corporation, Allied Medical Ltd, Penlon Ltd, Storz & Bickel GmbH & Co. KG, Firefly Vapor, Elev8 Cann*abis Athol, Grenco Science Inc, Organicix LLC, Linx Vapor, DynaVap LLC, DynaVap LLC, Dr. Dabber Inc., Fyron, Kindwell Medical, OES Medical, Vapium Inc, KandyPens Inc, Vanker OÜ, Vaporizer Sales & Service, Arizer, Magic-Flight Launch Box, Utillian, Haze Technologies, Cloudious9 Inc., AirVape, C/O The Kind Group LLC, VAPE SOURCE (MCR) LTD., Healthy Rips, Ditanium Vapor
Market Drivers:
Growing advancements in vaporizers are driving the growth of the vaporizers market. Enhanced vaporizers can measure the required amount of anesthetic agents and can self-regulate the supply of anesthetic agents. For instance, GE Healthcare, a leading global medical technology, and life sciences company offers Aladdin Cassette, an electronic vaporizer that can measure the dose of anesthetic agents and store the information.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/vaporizers-global-market-report
The vaporizers market covered in this report is segmented -
1) By Type: E-cigarette Vaporizers, Marijuana Vaporizers, Medical Vaporizers
2) By Application: Personal Use, Medical Application, Other Applications
3) By Distribution Channel: Online, Retail
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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