Yahoo Finance Disposable E-Cigarettes Market to total US$ 18.32 Billion by 2032; preference for Non-Tobacco Flavored E-Cigarettes to Rise: Future Market Insights, Inc.
Consumers’ shifting preference toward e-cigarettes to control daily nicotine dosage is one of the major factors that is anticipated to boost the growth of the Disposable E-Cigarettes Market during the analysis period. Moreover, the companies are offering different flavors to increase their customer reach. North America dominates the disposable e-cigarettes market, accounting for a revenue share of 49.8% in 2022
NEWARK, Del, Aug. 10, 2022 (GLOBE NEWSWIRE) -- According to a report from Future Market Insights (FMI), the global disposable e-cigarettes market size is expected to be valued at US$ 6.34 Billion in 2022. With growing demand for non-tobacco products owing to rising health concerns among others, the overall demand for disposable e-cigarettes is projected to grow at a CAGR of 11.2% between 2022 and 2032, totaling around US$ 18.32 Billion by 2032. Disposable e-cigarettes are assumed to be a safe alternative to rechargeable e-cigarettes, which in turn is expected to fuel the market growth during the forecast period. Additionally, increasing acceptance of different vaping devices among young adults and adolescents is set to fuel the growth of the Disposable E-cigarettes Market.
The key players in the market started offering these products online through various e-commerce websites such as Amazon. According to an article published by Truth Initiative, in June 2021, online retail for e-cigarettes including disposable products was 28%. In addition, the availability of approved disposable e-cigarettes from various health bodies such as the National Medical Products Administration (NMPA), as a better alternative to tobacco smoking, will integrate well with the growth trend.
The rising traction of using disposable e-cigarettes among consumers, especially the millennial population, is expected to accelerate the market in the forthcoming years. Key players are launching new and innovative products to comply with the growing demand for these products among consumers. For instance, in January 2021, Dinner Lady, a U.K.-based vape brand launched a disposable vape pen, available in eight flavors, including Lemon Tart, Banana Ice, Citrus Ice, and Strawberry Ice. The initiative was taken to support consumers in terms of health, and bring them towards more sustainable options from combustible cigarettes.
North America dominated the disposable e-cigarettes market and accounted for the maximum revenue share of 49.8% in 2021. The increasing popularity of flavoured disposable e-cigarettes offered by brands such as Puff Bar, Vuse, and Suorin, is one of the major factors that is expected to drive the growth of the industry in the region.
Request a Sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-15425
Key Takeaways from the Market Study
Global Disposable E-cigarettes Market was valued at US$ 6.34 Billion by 2022-end
From 2017 to 2021, Disposable E-cigarettes demand expanded at a CAGR of 5.6%
By Flavour, the Non-Tobacco category is expected to constitute the bulk of Disposable E-cigarettes Market during the forecast period.
By Distribution Channel, the Offline segment dominates the Disposable E-cigarettes Market.
From 2022 to 2032, Disposable E-cigarettes sales are expected to flourish at a CAGR of 11.2%.
“Demand for non-tobacco products is expected to augment the growth of the disposable e-cigarettes market in the near future. It has been observed that older people prefer this product as it does not have any negative effect on health,” remarks an FMI analyst.
Competitive Landscape
Players in the global Disposable E-cigarettes Market focus on expanding their global reach through various strategies, such as; partnerships, collaborations, and partnerships. The players are also making a significant investment in R&D to add innovations to their products which would help them in strengthening their position in the global market. Some of the recent developments among the key players are:
In May 2022, Flawless, one of Europe's largest vaping distributors signed an exclusive agreement with the leading Chinese manufacturer of vape disposables, ELF BAR, to create the Gee600 disposable device, for the U.K.'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.
For critical insights, request for PDF Brochure @ https://www.futuremarketinsights.com/reports/brochure/rep-gb-15425
Know More about What the Disposable E-cigarettes Market Repost Covers
Future Market Insights offers an unbiased analysis of the global Disposable E-cigarettes Market, providing historical data for 2017-2021 and forecast statistics from 2022-2032.
To understand opportunities in the Disposable E-cigarettes Market, the market is segmented on the basis of product, portability, and application across five major regions.
About Consumer Product Division at Future Market Insights
The consumer product team at Future Market Insights offers expert analysis, time efficient research, and strategic recommendations with an objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis on key trends including competitive landscape, profit margin, and research development efforts.
Key Segments Covered in the Disposable E-Cigarettes Industry Analysis
Disposable E-Cigarettes Market by Flavour:
Non-Tobacco Flavoured Disposable E-Cigarettes
Tobacco Flavoured Disposable E-Cigarettes
Disposable E-Cigarettes Market by Distribution Channel:
Online Distribution Channel of Disposable E-Cigarettes Market
Offline Distribution Channel of Disposable E-Cigarettes Market
Disposable E-Cigarettes Market by Region:
North America Disposable E-Cigarettes Market
Latin America Disposable E-Cigarettes Market
Europe Disposable E-Cigarettes Market
Asia Pacific Disposable E-Cigarettes Market
Middle East & Africa Disposable E-Cigarettes Market
Ask an Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-15425
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
2.3. Inclusions/Exclusions
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Flavor modifications /Innovation
4. Key Success Factors
4.1. Strategic Developments
4.2. Key regulations
4.3. Flavor USPs /Technology
4.4. List of Manufacturers and Providers
Get detailed TOC @ https://www.futuremarketinsights.com/toc/rep-gb-15425
Have a Look at Related Research Reports of Consumer Product
Smokeless Cigarettes Market Size is expected to reach a market valuation of US$ 28.42 Billion by the year 2022, accelerating with a CAGR of 16% by 2022-2032
Luxury Cigarette Market Share is expected to growth at a significant CAGR during the forecast period 2021-2031
Disposable Bed Sheets Market Demand in Asia Pacific region owing to increasing number and investment into healthcare facilities
Disposable Lab Coats Market Value is anticipated to further fuel the disposable lab coats market across the globe during the forecast period
Disposable Hygiene Footwear Market Outlook is anticipated to expand their business in the forecasted years 2029
Disposable Contact Lenses Market Growth revenue is expected to grow at a rapid growth rate, over the forecast period
Disposable Electric Toothbrushes Market Trends is likely to register a CAGR of 8.1% during the forecast period, and is anticipated to reach a market share of US$ 6.5 Bn in 2032
Disposable Masks Market Size is slated to increase at a 7% CAGR over the forecast period, with the market valuation reaching US$ 4.9 Bn in 2022
Pharmaceutical E-commerce Market Share is estimated to reach US$ 72.1 Bn in 2022. The market size is projected to surpass US$ 273.6 Bn by 2032, at a CAGR of 14.3% over the forecast period 2022 to 2032
Electronic Soap Dispenser Market Demand has been valued at USD 1,063.2 Million by 2022 and is expected to reach USD 1958.61 million by 2032, with a CAGR of 6.3% from 2022 to 2032
About Us
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/disposable-e-cigarettes-market
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs
