The United States disposable e-cigarettes market is experiencing unprecedented growth, with a compound annual growth rate (CAGR) of 42.6%. This surge can be attributed to increasing consumer preferences for convenience, portability, and a diverse range of flavors. As more individuals seek alternatives to traditional tobacco products, disposable e-cigarettes have gained traction among various demographics, particularly younger adults. The market is further bolstered by advancements in technology and marketing strategies that enhance user experience.
The disposable e-cigarettes market is on the brink of significant growth, projected to reach a valuation of USD 189,880.3 million by 2033, up from USD 69,961.2 million in 2023. This remarkable expansion, forecasted at a compound annual growth rate (CAGR) of 10.50% over the next decade, is driven by the increasing popularity of disposable e-cigarettes, particularly among millennials and Generation X, according to a comprehensive report published by Future Market Insights.
Recent research indicates a substantial rise in the use of disposable e-cigarettes among young adults in the United States, with adoption rates soaring from 22.1% to 50.2% as of February 2022, as reported by the National Library of Medicine. This trend signals a promising outlook for the industry’s growth trajectory.
Key Drivers of Growth
- Millennial Appeal: The increasing traction of disposable e-cigarettes among millennials is anticipated to propel market growth. Innovators in the sector, like Dinner Lady, have launched products in multiple flavors to attract health-conscious consumers seeking alternatives to combustible cigarettes.
- Preference for Smokeless Alternatives: Consumers are increasingly favoring smokeless, easy-to-use products that eliminate the need for recharging or refills. Brands like RELX International are expanding their offerings to meet this demand.
- Health-Conscious Choices: With rising awareness of the harmful effects of traditional tobacco, more consumers, including older demographics, are turning to disposable e-cigarettes as a perceived healthier option.
Recent Developments
- In May 2022, Flawless, one of Europe’s prominent vaping distributors signed an exclusive agreement with the leading manufacturer of vape disposables in China, ELF BAR, to create the Gee600 disposable device, for the United Kingdom’s vape and FMCG sector.
- In April 2022, Vaptex launched a new vape device GORIN MAX 4500 puffs adjustable airflow disposable pod, which extends some features between TAKIN and GORIN for a better combination for all vapers.
- In August 2019, VPR Brands, a market leader and pioneer in E-Cigarettes and vaporizers for nicotine, cannabis, and cannabidiol (CBD), announced the re-launch of its most popular e-cigarettes brand, KRAVE, an exceptional tasting, high-quality alternative to cigarettes.
Leading Players Operating in the Global Market
- Puff Bar
- JUUL Labs Inc.
- British American Tobacco Plc
- Imperial Brands Plc
- Japan Tobacco Inc.
- NJOY
- YouMe Co. Ltd.
- Shenzhen IVPS Technology Co. Ltd.
- Kaival Brands Innovations Group Inc.
- JAC Vapour
Get Strategic Guidance from Our Analyst Contact us on: +1-347-918-3531
Disposable E-cigarettes Market Segmentation
By Flavour:
- Non-tobacco
- Tobacco
By Distribution Channel:
- Online
- Offline
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- The Middle East & Africa (MEA)
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube