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