Market Overview:
The global CBD vape oil market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing legalization of cannabis across the globe, rising awareness about CBD and its benefits, and growing demand for CBD-based products. The global CBD vape oil market can be segmented on the basis of type into hemp-derived type and marijuana-derived type. The hemp-derived type is expected to dominate the market during the forecast period owing to its high purity and low THC content. On the basis of application, the global CBD vape oil market can be segmented into store-based channels, online channels, and pharmacies.
Product Definition:
CBD vape oil is created by extracting CBD from the cannabis plant, then diluting it with a carrier oil like coconut or hemp seed oil. It's used to vape CBD e-liquid and is inhaled through a vaporizer.
Hemp-derived Type:
Hemp-derived type is a term used to define the cannabis or marijuana plant that contains less than 0.3% THC on dry weight basis. The types of hemp used for derive can be differentiated into three categories, namely industrial hemp, seed/bud type and food/oil type. Out of these different types of hemp only the seed or bud segment has been legalized so far in U.S.
Marijuana-derived Type:
Marijuana-derived type is also known as cannabis or marijuana. It is the part of the plant, which is derived after removing the seeds and stalks from the flower of this plant. The most common way to produce marijuana or cannabis oil consists of extracting it through a solvent such as chloroform, which has later been replaced by non-chlorine formulations in many countries.
Application Insights:
Based on application, the market is segmented into store-based channels, online channels, pharmacies and others. The online channel segment dominated the overall industry in 2017. This can be attributed to growing internet penetration and rising disposable income of consumers globally. Moreover, an increasing number of e-commerce platforms has also positively influenced product demand in this segment.
The store-based channel is expected to witness significant growth over the forecast period owing to increasing awareness among consumers regarding availability of products in their local stores as compared to remote areas where marijuana has been legalized but CBD oil remains inaccessible due largely restrictions on its distribution by government authorities under federal law U.S.
Regional Analysis:
North America dominated the market in 2017 owing to the presence of a large number of key companies and favorable laws regarding marijuana use. The region is expected to maintain its dominance over the forecast period due to increasing legalization of cannabis use in U.S states, such as California, Massachusetts, Maine and Nevada. Furthermore, growing awareness about CBD vape oils among consumers is anticipated to propel growth during the forecast period.
Asia Pacific is expected to be one of the fastest-growing regions owing high population growth rates coupled with rising disposable income levels in countries like China and India are some factors that can be attributed for rapid regional expansion by global CBD vape oil brands/suppliers over past few years).
Growth Factors:
- Increasing awareness about the benefits of CBD vape oil is one of the key growth drivers for this market.
- The legalization of cannabis in several countries is also fueling the growth of this market.
- The increasing use of CBD vape oil for recreational purposes is another major factor driving its growth.
- Growing demand from medical patients for CBD vape oil as a treatment option is also propelling its growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
CBD Vape Oil Market Research Report
By Type
Hemp-derived Type, Marijuana-derived Type
By Application
Store-Based Channels, Online Channels, Pharmacies
By Companies
Kazmira, CW Hemp/CW Botanicals, Freedom Leaf, Green Road, Medical Marijuana, Folium Biosciences, HempLife Today, Cannavest, Pharmahemp, ENDOCA, CBD American Shaman, NuLeaf Naturals, Select Oil, K.I.N.D. Concentrates, Canopy Growth Corporation, Aphria, Emblem Cannabis Oils, Whistler, The Lab, Absolute Terps
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
141
Number of Tables & Figures
99
Customization Available
Yes, the report can be customized as per your need.
Global CBD Vape Oil Market Report Segments:
The global CBD Vape Oil market is segmented on the basis of:
Types
Hemp-derived Type, Marijuana-derived Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Store-Based Channels, Online Channels, Pharmacies
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Kazmira
- CW Hemp/CW Botanicals
- Freedom Leaf
- Green Road
- Medical Marijuana
- Folium Biosciences
- HempLife Today
- Cannavest
- Pharmahemp
- ENDOCA
- CBD American Shaman
- NuLeaf Naturals
- Select Oil
- K.I.N.D. Concentrates
- Canopy Growth Corporation
- Aphria
- Emblem Cannabis Oils
- Whistler
- The Lab
- Absolute Terps
Highlights of The CBD Vape Oil Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hemp-derived Type
- Marijuana-derived Type
- By Application:
- Store-Based Channels
- Online Channels
- Pharmacies
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the CBD Vape Oil Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
CBD vape oil is a type of CBD product that is designed to be used in electronic cigarettes. It is a liquid that contains CBD and other cannabinoids, and it can be used to help people who are trying to quit smoking tobacco.
Some of the major players in the cbd vape oil market are Kazmira, CW Hemp/CW Botanicals, Freedom Leaf, Green Road, Medical Marijuana, Folium Biosciences, HempLife Today, Cannavest, Pharmahemp, ENDOCA, CBD American Shaman, NuLeaf Naturals, Select Oil, K.I.N.D. Concentrates, Canopy Growth Corporation, Aphria, Emblem Cannabis Oils, Whistler, The Lab, Absolute Terps.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 CBD Vape Oil Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 CBD Vape Oil Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 CBD Vape Oil Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the CBD Vape Oil Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global CBD Vape Oil Market Size & Forecast, 2018-2028
4.5.1 CBD Vape Oil Market Size and Y-o-Y Growth
4.5.2 CBD Vape Oil Market Absolute $ Opportunity
Chapter 5 Global CBD Vape Oil Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 CBD Vape Oil Market Size Forecast by Type
5.2.1 Hemp-derived Type
5.2.2 Marijuana-derived Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global CBD Vape Oil Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 CBD Vape Oil Market Size Forecast by Applications
6.2.1 Store-Based Channels
6.2.2 Online Channels
6.2.3 Pharmacies
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global CBD Vape Oil Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 CBD Vape Oil Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America CBD Vape Oil Analysis and Forecast
9.1 Introduction
9.2 North America CBD Vape Oil Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America CBD Vape Oil Market Size Forecast by Type
9.6.1 Hemp-derived Type
9.6.2 Marijuana-derived Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America CBD Vape Oil Market Size Forecast by Applications
9.10.1 Store-Based Channels
9.10.2 Online Channels
9.10.3 Pharmacies
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe CBD Vape Oil Analysis and Forecast
10.1 Introduction
10.2 Europe CBD Vape Oil Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe CBD Vape Oil Market Size Forecast by Type
10.6.1 Hemp-derived Type
10.6.2 Marijuana-derived Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe CBD Vape Oil Market Size Forecast by Applications
10.10.1 Store-Based Channels
10.10.2 Online Channels
10.10.3 Pharmacies
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific CBD Vape Oil Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific CBD Vape Oil Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific CBD Vape Oil Market Size Forecast by Type
11.6.1 Hemp-derived Type
11.6.2 Marijuana-derived Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific CBD Vape Oil Market Size Forecast by Applications
11.10.1 Store-Based Channels
11.10.2 Online Channels
11.10.3 Pharmacies
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America CBD Vape Oil Analysis and Forecast
12.1 Introduction
12.2 Latin America CBD Vape Oil Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America CBD Vape Oil Market Size Forecast by Type
12.6.1 Hemp-derived Type
12.6.2 Marijuana-derived Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America CBD Vape Oil Market Size Forecast by Applications
12.10.1 Store-Based Channels
12.10.2 Online Channels
12.10.3 Pharmacies
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) CBD Vape Oil Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) CBD Vape Oil Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) CBD Vape Oil Market Size Forecast by Type
13.6.1 Hemp-derived Type
13.6.2 Marijuana-derived Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) CBD Vape Oil Market Size Forecast by Applications
13.10.1 Store-Based Channels
13.10.2 Online Channels
13.10.3 Pharmacies
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 CBD Vape Oil Market: Competitive Dashboard
14.2 Global CBD Vape Oil Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kazmira
14.3.2 CW Hemp/CW Botanicals
14.3.3 Freedom Leaf
14.3.4 Green Road
14.3.5 Medical Marijuana
14.3.6 Folium Biosciences
14.3.7 HempLife Today
14.3.8 Cannavest
14.3.9 Pharmahemp
14.3.10 ENDOCA
14.3.11 CBD American Shaman
14.3.12 NuLeaf Naturals
14.3.13 Select Oil
14.3.14 K.I.N.D. Concentrates
14.3.15 Canopy Growth Corporation
14.3.16 Aphria
14.3.17 Emblem Cannabis Oils
14.3.18 Whistler
14.3.19 The Lab
14.3.20 Absolute Terps
