Global Disposable E-Cigarette Market to Reach $6.34 Billion by 2022

Aug.11.2022
Global Disposable E-Cigarette Market to Reach $6.34 Billion by 2022
Global disposable e-cigarette market projected to reach $6.34 billion by 2022, driven by increasing health concern and demand for non-tobacco products.

来源: Adobe股票 (Source: Adobe stock)


A new study has revealed that the global disposable e-cigarette market is projected to reach 6.34 billion USD by 2022.


A report has revealed that due to an increasing focus on health concerns, there is a growing demand for non-tobacco products. It is predicted that between 2022 and 2032, the overall demand for disposable e-cigarettes will increase at a compound annual growth rate of 11.2%, resulting in a market worth approximately $18.32 billion in 2032. The report was published by Future Market Insights (FMI).


According to the FMI, the appeal of disposable e-cigarettes among consumers is growing, and market development is expected to accelerate in the coming years.


Many market participants are launching new innovative products to meet the constantly growing demand from consumers.


For example, in January 2021, the UK e-cigarette brand Dinner Lady launched a disposable e-cigarette pen.


North America leads the disposable e-cigarette market and held the largest revenue share of 49.8% in 2021.


Brands such as Puff Bar, Vuse, and Suorin are seeing an increase in popularity for their flavored disposable e-cigarettes, and are expected to be a key factor in driving growth in the industry in this region.


Statement:


This article is compiled from third-party information for the purpose of industry communication and learning.


This article does not represent the views of 2FIRSTS, and 2FIRSTS cannot confirm the authenticity or accuracy of the content. The compilation of this article is only used for industry communication and research purposes.


Due to limitations in the quality of the translation, the compiled article may not express the same meaning as the original text. Please refer to the original text for accuracy.


The stance and statements of 2FIRSTS align completely with the Chinese government regarding any domestic, Hong Kong, Macau, Taiwan, or foreign matters.


The copyright of the compiled information belongs to the original media and author. If there is any infringement, please contact us to delete the content.


This document has been generated through artificial intelligence translation and is provided solely for the purposes of industry discourse and learning. Please note that the intellectual property rights of the content belong to the original media source or author. Owing to certain limitations in the translation process, there may be discrepancies between the translated text and the original content. We recommend referring to the original source for complete accuracy. In case of any inaccuracies, we invite you to reach out to us with corrections. If you believe any content has infringed upon your rights, please contact us immediately for its removal.

KT&G says lil reached about US$2.924 billion in cumulative sales and is expanding overseas
KT&G says lil reached about US$2.924 billion in cumulative sales and is expanding overseas
KT&G said its HNB brand lil has grown since launch, reporting KRW 7.8 billion (about US$5.304 million) in sales in 2017 and about KRW 4.3 trillion (about US$2.924 billion) in cumulative sales by last year’s third quarter, with KRW 5 trillion (about US$3.400 billion) described as within reach. KT&G said lil has entered more than 30 countries and supplies some products abroad via a partnership with PMI.
Jan.13 by 2FIRSTS.ai
Scottish retailers call for tougher action as illegal vape black market “deepens,” SGF says
Scottish retailers call for tougher action as illegal vape black market “deepens,” SGF says
Scottish retailers, through the Scottish Grocers’ Federation (SGF), are calling for tougher action and more investment to tackle a “deepening black market” in illegal vapes, including illegal sales to children. SGF warns the problem will worsen, with negative health impacts, if incoming regulations on vaping product sales are not carefully crafted and if shopkeepers’ views are not heard.
Jan.14 by 2FIRSTS.ai
Product | UWELL Launches CALIBURN BAR 80K Disposable Vape, Rated for 80,000 Puffs with 6 Power Levels and 3 Airflow Settings
Product | UWELL Launches CALIBURN BAR 80K Disposable Vape, Rated for 80,000 Puffs with 6 Power Levels and 3 Airflow Settings
UWELL has launched the CALIBURN BAR 80K disposable vape on its official website. The device features a staggering 80,000-puff count and a 20 mg/ml nicotine concentration. It offers two output modes (NORMAL and BOOST) with six adjustable power levels ranging from 18W to 35W, complemented by a 3-level airflow adjustment system.
Jan.14 by 2FIRSTS.ai
DTI drafts administrative order proposing an open-pod and e-liquid ban and opens it for public consultation
DTI drafts administrative order proposing an open-pod and e-liquid ban and opens it for public consultation
Department of Trade and Industry’s (DTI) proposed move to restrict harmful vape products to protect young people, but said only a total ban on all vaping and novel tobacco products would effectively safeguard public health. The group warned that limiting rules to certain products such as open pods and e-liquids could create a “dangerous behavioral loophole,” leading users—especially youth—to switch to disposable or closed-system alternatives instead of quitting.
Feb.10 by 2FIRSTS.ai
Vietnam Ho Chi Minh City police seize 28,657 illegal vape-related products worth over US$182,400
Vietnam Ho Chi Minh City police seize 28,657 illegal vape-related products worth over US$182,400
Police in Ho Chi Minh City, Vietnam say they dismantled a large illegal vape distribution ring led by 29-year-old Nguyễn Ngọc Quốc Uy, who allegedly built a concealed “secret room” to hide contraband. Officers seized 28,657 items valued at more than VND 4.8 billion (about US$182,400).
Feb.04 by 2FIRSTS.ai
U.S. Fifth Circuit judges question FDA’s claim it has no de facto ban on flavored refillable e-cigarettes
U.S. Fifth Circuit judges question FDA’s claim it has no de facto ban on flavored refillable e-cigarettes
Law360 reports that a Fifth Circuit panel expressed skepticism about the FDA’s claim that it has no de facto ban on flavored refillable e-cigarette products, noting that only six applications had been approved out of hundreds of thousands and that near-100% denials look like a ban.
Jan.07 by 2FIRSTS.ai