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Vaporizers, E-Cigarettes, And Other Electronic Nicotine Delivery Systems (ENDS) Market Size, Growth, Forecast 2033
Vaporizers, E-Cigarettes, And Other Electronic Nicotine Delivery Systems (ENDS) Market Size
As per the report, the vaporizers, e-cigarettes, and other electronic nicotine delivery systems (ends) market size has grown strongly in recent years. It will grow from $17.02 billion in 2023 to $18.38 billion in 2024 at a compound annual growth rate (CAGR) of 8.0%. The vaporizers, e-cigarettes, and other electronic nicotine delivery systems (ends) market size is expected to see strong growth in the next few years. It will grow to $24.56 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%.
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The Surging Growth Of E-Cigarettes Amidst Growing Health Awareness
Rising awareness of health issues caused by smoking conventional tobacco cigarettes among the smoking population is driving the growth of the e-cigarettes market. Conventional tobacco cigarettes release toxic compounds that adversely affect the health of the individual. The e-cigarettes are less toxic and safer compared to conventional tobacco cigarettes. For instance, according to the Centers for Disease Control and Prevention, in 2021, headed tobacco products have been promoted as 'reduced harm' products that can help people quit conventional tobacco smoking by WHO. The vapor products do not burn tobacco, the vapor contains significantly lower levels of toxicants than the smoke created when burning tobacco. Therefore, e-cigarettes have reduced risk properties compared to traditional cigarettes.
Availability Of Appealing Flavors Boosts Vaporizers And E-Cigarettes Market
The availability of tasty flavors is expected to propel the growth of the vaporizers, e-cigarrets, and electronic nicotine delivery systems market going forward. Young people are more likely to experiment with e-cigarettes when they are available in appealing flavors. The variety of flavors makes it easier for them to try different options and find something they like, potentially leading to regular use. For instance, in 2021, The Centers for Disease Control and Prevention (CDC), a US-based national public health agency, disclosed that around 85% of more than 2 Million U.S. Middle and High School Students Who Used E-Cigarettes Used Flavored E-Cigarettes in 2021. Therefore, the availability of tasty flavors drives the vaporizers, e-cigarrets, and electronic nicotine delivery systems market. .
The vaporizers, e-cigarettes, and other electronic nicotine delivery systems (ends) market covered in this report is segmented -
1) By Type: Vaporizers, E-Cigarettes, Other Electronic Nicotine Delivery Systems (ENDS)
2) By E-Cigarettes Type: Disposable, Rechargable, Modular
3) By Vaporizers Type: E-cigarette Vaporizers, Marijuana Vaporizers, Medical Vaporizers
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Major companies operating in the vaporizers, e-cigarettes, and other electronic nicotine delivery systems (ends) market include Dash Vapes, Hubbly Bubbly, Liquideu, Nice Vapor, Pacific Smoke International, Puff Ecig, Simple Vape Co. London Ltd, Smokio, Vape Escapes, Vapor Line, Kure Vapes, Pax, Cannakorp, Grenco Science, Davinci, Uk Ecig Store, Vapexhale, Dripclub, Halo Cigs, Volcano Vaporizer, Juul Labs Inc., Philip Morris International Inc., British American Tobacco plc, Imperial Brands plc, Japan Tobacco Inc., Altria Group Inc., Fontem Ventures B.V., Aspire, Eleaf, Joyetech, Smoant, Vaporesso, Wismec
Contents of the report:
1. Executive Summary
2. Vaporizers, E-Cigarettes, And Other Electronic Nicotine Delivery Systems (ENDS) Market Report Structure
3. Vaporizers, E-Cigarettes, And Other Electronic Nicotine Delivery Systems (ENDS) Market Trends And Strategies
4. Vaporizers, E-Cigarettes, And Other Electronic Nicotine Delivery Systems (ENDS) Market - Macro Economic Scenario
5. Vaporizers, E-Cigarettes, And Other Electronic Nicotine Delivery Systems (ENDS) Market Size And Growth
…..
27. Vaporizers, E-Cigarettes, And Other Electronic Nicotine Delivery Systems (ENDS) Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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