Astute Analytica Forecasts Over 50% Growth in U.S. E-cigarette Market with Wearable Screens
Article by Leona Zhu; Edited by Rui Tian - Smart electronic cigarettes with screens display battery status and ingredient levels, which helps consumers predict usage time and accelerate market growth in the future. According to data from the think tank Astute Analytica, the value of the smart electronic cigarette market (with and without screens) in the United States in 2021 was 364.7 million US dollars, and it is expected to reach 2.664.9 billion US dollars by the end of 2027.
During the forecast period from 2022 to 2027, the compound annual growth rate of this market is 39.3%. In terms of quantity, the compound annual growth rate of the smart electronic cigarette market in the United States is expected to be 34.6% during the same period.
Astute Analytica analyzed that currently, electronic cigarettes without screens dominate the smart electronic cigarette market in the United States, accounting for 86.2% of the market share in 2021, and it is expected to grow at a compound annual growth rate of 34.3% during the forecast period.
However, electronic cigarettes with screens are expected to grow at a compound annual growth rate of 56%. Smart electronic cigarettes with screens display battery status and ingredient levels, which helps consumers predict usage time and accelerate overall growth in the future.
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