The vaporizers, e-cigarettes, and other electronic nicotine delivery systems (ends) global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Vaporizers, E-Cigarettes, And Other Electronic Nicotine Delivery Systems (ENDS) Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
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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Scope Of Vaporizers, E-Cigarettes, And Other Electronic Nicotine Delivery Systems (ENDS) Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Vaporizers, E-Cigarettes, And Other Electronic Nicotine Delivery Systems (ENDS) Market Overview
Market Drivers –
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.
Market Trends –
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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Regional Insights –
Asia-Pacific was the largest region in the Vaporizers, E-Cigarettes, and other Electronic Nicotine Delivery Systems (ENDS) market in 2023. North America was the second-largest region in the vaporizers, e-cigarettes, and other electronic nicotine delivery systems (ENDS) market. The regions covered in the vaporizers, e-cigarettes, and other electronic nicotine delivery systems (ends) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies –
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
Table of Contents
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
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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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