Global Vaporizers, E-Cigarettes, And Other Electronic Nicotine Delivery Systems (ENDS) Market Drivers 2024, Forecast To 2033
22 Jan, 2024
The market for vaporizers, e-cigarettes, and other ENDS has grown robustly from $17.02 billion in 2023 to $18.38 billion in 2024, marking an 8.0% CAGR. Historical growth is attributed to smoking cessation, flavor variety, regulatory environment, and social acceptance. Projections indicate ongoing strong growth to $24.56 billion in 2028, with a 7.5% CAGR. Growth is driven by smoking reduction efforts, health and wellness trends, regulatory changes, and lifestyle choices. Key trends involve pod systems, reduced nicotine options, flavor innovations, smoking cessation programs, and sustainability practices.
Global Vaporizers, E-Cigarettes, And Other Electronic Nicotine Delivery Systems (ENDS) Market Key Driver
Increased awareness of health risks associated with conventional tobacco smoking fuels the e-cigarettes market. E-cigarettes are considered less toxic and safer alternatives. Promoted as 'reduced harm' products, vapor products offer lower levels of toxicants than traditional tobacco smoke. The adoption of e-cigarettes is driven by the desire to minimize health risks associated with conventional smoking.
Get A Free Sample Of The Global Vaporizers, E-Cigarettes, And Other Electronic Nicotine Delivery Systems (ENDS) Market ReportGlobal Vaporizers, E-Cigarettes, And Other Electronic Nicotine Delivery Systems (ENDS) Market Segments
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
By Geography: 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, and Africa. Among these regions
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
Major Vaporizers, E-Cigarettes, And Other Electronic Nicotine Delivery Systems (ENDS) Industry Players
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
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Vaporizers, E-Cigarettes, And Other Electronic Nicotine Delivery Systems (ENDS) Market Overview
The vaporizer is defined as a device that is used to vaporize plant-based substances such as cannabis, tobacco, or other herbs or blends of essential oil for inhalation. E-cigarettes and other electronic nicotine delivery systems (ENDS) are defined as devices that heat a liquid containing nicotine to create an aerosol that can be inhaled by the user.
Vaporizers, E-Cigarettes, And Other Electronic Nicotine Delivery Systems (ENDS) Global Market Report 2023 provides data on the global vaporizers, e-cigarettes, and other electronic nicotine delivery systems (ends) market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The vaporizers, e-cigarettes, and other electronic nicotine delivery systems (ends) market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.