Vaporizers, E-Cigarettes, And Other Electronic Nicotine Delivery Systems (ENDS) Market Size, Share, Outlook And Analysis 2024-2033

"The Business Research Company recently released a comprehensive report on the Global Vaporizers, E-Cigarettes, And Other Electronic Nicotine Delivery Systems (ENDS) Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

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According to The Business Research Company's, 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 growth in the historic period can be attributed to smoking cessation and harm reduction, flavor variety, regulatory environment, social acceptance.

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%. The growth in the forecast period can be attributed to smoking reduction efforts, health and wellness trends, regulatory changes, lifestyle choices. Major trends in the forecast period include pod systems, reduced nicotine options, flavor innovations, smoking cessation programs, sustainability and eco-friendly practices.

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Market Drivers and Trends:

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.

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. .

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Major Key Players of the Market:

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

Vaporizers, E-Cigarettes, And Other Electronic Nicotine Delivery Systems (ENDS) Market 2024 Key Insights:

• 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%.
• The Surging Growth Of E-Cigarettes Amidst Growing Health Awareness
• Availability Of Appealing Flavors Boosts Vaporizers And E-Cigarettes Market
• Asia-Pacific was the largest region in the Vaporizers, E-Cigarettes, and other Electronic Nicotine Delivery Systems (ENDS) market in 2023

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