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(EMAILWIRE.COM, September 19, 2024 ) E-cigarettes and vaping devices are products containing e-liquids, with nicotine, flavor, and ingredients like propylene glycol and vegetable glycerin. Young consumers with perception of reduced harm are important driving factors in the market. Though public misinformation, health concerns, and regulatory restrictions are important market restraints. The US leads the global E-cigarettes and vaping market, fueled by high rates of smoking and increasing awareness of smoking alternatives. Europe witnesses steady growth despite stringent regulations. The e-cigarette and vaping market is poised for significant growth over the next decade.
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E cigarette and Vaping Market Segmentation
by Product
Rechargeable
Modular
Disposable
by Distribution Channel
Retail
Online
by Component
Atomizer
Method of Delivery (MOD)
Cartomizer
E-liquid
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E cigarette and Vaping Market Key Players:
Altria Group, Inc.
British American Tobacco
Imperial Brands
International Vapor Group
Japan Tobacco
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Maximize Market Research is leading Consumer Goods & Services research firm, has also published the following reports:
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E-Cigarette Market reached a value of USD 32.17 Bn. in 2023. The global E-Cigarette Market size is estimated to grow at a CAGR of 28.4%. The market is expected to reach a value of USD 185.12 Bn. in 2030.
Global Nicotine Gum Market size was valued at USD 1.42 Billion in 2023 and the total Global Nicotine Gum revenue is expected to grow at 4.9 % from 2024 to 2030, reaching nearly USD 1.98 Billion in 2030.
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