Global Electric Cannabis Grinder Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Electric Cannabis Grinder market size was valued at USD 1271.8 million in 2023 and is forecast to a readjusted size of USD 2066 million by 2030 with a CAGR of 7.2% during review period.
Legalization of cannabis in several countries over past few years have been a major driving force for the sales of grinders. For instance, countries such as Georgia, Uruguay, Canada and South Africa legalized the use of cannabis, thus bolstering the sales of grinders. In addition, the use of cannabis for medical purposes have seen a major growth in demand thus propelling the grinder market. Meanwhile, electric grinders are much easy to use and maintain when compared to manual grinders, also introduction of battery-powered grinders have made consumers go for the product as it is portable in nature.
The global pharmaceutical market is 1475 billion USD in 2022, growing at a CAGR of 5% during the next six years. The pharmaceutical market includes chemical drugs and biological drugs. For biologics is expected to 381 billion USD in 2022. In comparison, the chemical drug market is estimated to increase from 1005 billion in 2018 to 1094 billion U.S. dollars in 2022. The pharmaceutical market factors such as increasing demand for healthcare, technological advancements, and the rising prevalence of chronic diseases, increase in funding from private & government organizations for development of pharmaceutical manufacturing segments and rise in R&D activities for drugs. However, the industry also faces challenges such as stringent regulations, high costs of research and development, and patent expirations. Companies need to continuously innovate and adapt to these challenges to stay competitive in the market and ensure their products reach patients in need. Additionally, the COVID-19 pandemic has highlighted the importance of vaccine development and supply chain management, further emphasizing the need for pharmaceutical companies to be agile and responsive to emerging public health needs.
The Global Info Research report includes an overview of the development of the Electric Cannabis Grinder industry chain, the market status of Online (Corded, Cordless), Supermarket (Corded, Cordless), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Electric Cannabis Grinder.
Regionally, the report analyzes the Electric Cannabis Grinder markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Electric Cannabis Grinder market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Electric Cannabis Grinder market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Electric Cannabis Grinder industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Corded, Cordless).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Electric Cannabis Grinder market.
Regional Analysis: The report involves examining the Electric Cannabis Grinder market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Electric Cannabis Grinder market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Electric Cannabis Grinder:
Company Analysis: Report covers individual Electric Cannabis Grinder manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Electric Cannabis Grinder This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Online, Supermarket).
Technology Analysis: Report covers specific technologies relevant to Electric Cannabis Grinder. It assesses the current state, advancements, and potential future developments in Electric Cannabis Grinder areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Electric Cannabis Grinder market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Electric Cannabis Grinder market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Corded
Cordless
Market segment by Application
Online
Supermarket
Specialty Store
Others
Major players covered
Mamba Grinders
Banana Bros
Australian Vaporizers
Simple Accessories
QuantVapor
Easy Grinder
The Medtainer
Fancyli
Wakit Grinders
Hemgrinder
Mendo Mulchers
Sackville and Co
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Electric Cannabis Grinder product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Electric Cannabis Grinder, with price, sales, revenue and global market share of Electric Cannabis Grinder from 2019 to 2024.
Chapter 3, the Electric Cannabis Grinder competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Electric Cannabis Grinder breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Electric Cannabis Grinder market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Electric Cannabis Grinder.
Chapter 14 and 15, to describe Electric Cannabis Grinder sales channel, distributors, customers, research findings and conclusion.