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.

Capital Group Takes 5.61% Stake in KT&G, Joining Major Foreign Shareholders
Capital Group Takes 5.61% Stake in KT&G, Joining Major Foreign Shareholders
KT&G disclosed in a regulatory filing on Friday that Capital Research and Management Company, the investment management arm of Capital Group, had acquired a 5.61% stake through purchases made on April 22 and May 4. The move places Capital Group among KT&G’s prominent foreign shareholders, alongside BlackRock, First Eagle Investment Management and Singapore’s sovereign wealth fund GIC.
May.08 by 2FIRSTS.ai
Turkey’s New Tobacco Bill Draft Would Cover E-Cigarettes and Heated Tobacco Products
Turkey’s New Tobacco Bill Draft Would Cover E-Cigarettes and Heated Tobacco Products
A Turkey’s draft would impose major limits on the use of tobacco products in public buildings, educational and healthcare institutions, children’s areas, and outdoor events, while setting a 2040 target for a complete ban on the production, sale, and consumption of tobacco products. The draft also broadens the definition of tobacco products to include e-cigarettes, heated tobacco products, and all nicotine-containing systems.
Apr.13 by 2FIRSTS.ai
IVG Adds Six New Flavours to Pro Range, Expanding Line-Up to 39
IVG Adds Six New Flavours to Pro Range, Expanding Line-Up to 39
IVG has added six new flavours to its Pro range, taking the total line-up to 39 flavours. The new additions are Cola Frost, Rainbow Burst, Pineapple Tropic, Blueberry Raspberry, Strawberry Raspberry Ice and Raspberry Cherry Blueberry. All six are available only in 20mg nicotine strength, with an RRP of £10.95 for a starter kit and £7.95 for a refill pod.
Apr.21 by 2FIRSTS.ai
2Firsts Exclusive Analysis | RLX Q1 Revenue Rises 96.2%, International Business Points to a More Integrated Global Strategy
2Firsts Exclusive Analysis | RLX Q1 Revenue Rises 96.2%, International Business Points to a More Integrated Global Strategy
RLX Technology’s Q1 net revenues rose 96.2% year over year, with international business accounting for 72.3% of total revenue. Beyond the headline growth, the results point to deeper globalization: European operations, Nexus supply-chain integration and a broader product portfolio are becoming key signals to watch.
Special Report
May.20
NACS Urges USTR to Address Illegal E-Cigarette Exports in China Trade Engagements
NACS Urges USTR to Address Illegal E-Cigarette Exports in China Trade Engagements
NACS submitted a comment letter to USTR in a proceeding examining unfair trade practices worldwide. The letter focuses on illicit nicotine products made in China and shipped to the United States in violation of U.S. law. NACS said the U.S. electronic nicotine delivery systems market has become dominated by illicit products, mainly disposable e-cigarettes manufactured in China and sold without the marketing authorization required by the U.S. Food and Drug Administration.
Apr.16 by 2FIRSTS.ai
Seoul to Fine Use of Liquid E-Cigarettes in No-Smoking Areas From April 24
Seoul to Fine Use of Liquid E-Cigarettes in No-Smoking Areas From April 24
Seoul will begin fining the use of all tobacco products, including liquid e-cigarettes, in no-smoking areas from April 24, when the revised Tobacco Business Act takes effect.
Apr.09 by 2FIRSTS.ai