Astute Analytica Forecasts Over 50% Growth in U.S. E-cigarette Market with Wearable Screens

Market
Mar.15.2023
The US smart e-cigarette market is expected to grow rapidly, with e-cigarettes with screens showing the highest compound annual growth rate.

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.

 

Also read: 

Patent for Biodegradable Filter Technology

 

Reference:

[1] U.S. Smart E-Cigarette Market- (By Type - Without Screen And With Screen; And By Distribution Channel - Online And Offline)- Industry Dynamics, Market Size, Opportunity And Forecast To 2027.

 

*The content of this article is written after the extraction, compilation and integration of multiple information for exchange and learning purposes. The copyright of the summary information still belongs to the original article and its author. If any infringement is found, please contact us to delete it. 

CBP and FDA Seize 18 Million Illegal Vapes Worth $175 Million in Maritime Cargo Operation
CBP and FDA Seize 18 Million Illegal Vapes Worth $175 Million in Maritime Cargo Operation
U.S. Customs and Border Protection (CBP) announced that more than 18 million illegal e-cigarettes valued at over $175 million were seized during “Operation Red Mist,” a joint enforcement initiative involving the U.S. Coast Guard and the FDA. The operation primarily targeted maritime vape shipments originating from China and focused on combating illicit importation, transportation, and distribution activities.
Regulations
May.14
Altria’s USSTC to Close Nashville Plant and Shift Operations to Kentucky by 2028
Altria’s USSTC to Close Nashville Plant and Shift Operations to Kentucky by 2028
U.S. Smokeless Tobacco Company (USSTC), a subsidiary of Altria Group, announced plans to close its Nashville manufacturing facility by 2028 and consolidate production operations at a new facility in Hopkinsville, Kentucky.
Market
Jun.02
FDA Warns Retailers Over Unauthorized Nicotine Pouches Resembling Candy and Everyday Products
FDA Warns Retailers Over Unauthorized Nicotine Pouches Resembling Candy and Everyday Products
The FDA issued warning letters to eight retailers selling unauthorized nicotine pouches and dissolvable tobacco products resembling candy, breath strips and cough drops. The action highlights rising scrutiny of packaging, youth appeal and accidental ingestion risks, as the agency clarifies enforcement priorities for unauthorized ENDS and nicotine pouch products while maintaining PMTA as the legal market pathway.
Special Report
May.21
 FDA Begins Review of 22nd Century’s VLN MRTP Renewal Applications
FDA Begins Review of 22nd Century’s VLN MRTP Renewal Applications
The U.S. Food and Drug Administration (FDA) has initiated scientific review of renewal applications for 22nd Century Group’s VLN reduced-nicotine cigarettes under the Modified Risk Tobacco Product (MRTP) pathway, with current authorizations set to expire in December 2026.
News
May.13
Reuters: Big Tobacco Emerges as Winner After FDA Regulatory Shift
Reuters: Big Tobacco Emerges as Winner After FDA Regulatory Shift
According to Reuters, major tobacco companies may emerge as key beneficiaries after the U.S. FDA loosened regulations on vaping and nicotine pouch products, a shift that has sparked debate over public health risks.
Industry Insight
May.26
BAT Shares Surge Nearly 6% as FDA Policy Shift Eases Pressure on Vuse and Velo
BAT Shares Surge Nearly 6% as FDA Policy Shift Eases Pressure on Vuse and Velo
British American Tobacco (BAT) shares rose sharply on May 12 after the U.S. Food and Drug Administration signaled it would deprioritize enforcement against certain unauthorized e-cigarette and nicotine pouch products with accepted premarket applications. Investors viewed the move as favoring established players such as BAT’s Vuse and Velo brands.
BAT
May.13