Steady Growth of Global E-Cigarette Market, 28% from 2023 to 2030

Industry Insight by 2FIRSTS.ai
Nov.29.2023
Steady Growth of Global E-Cigarette Market, 28% from 2023 to 2030
The global e-cigarette market is expected to witness astonishing growth, with a compound annual growth rate of 28% from 2023 to 2030.

According to reports, the global e-cigarette market is expected to steadily grow at an astonishing compound annual growth rate of 28% between 2023 and 2030, based on the latest released data.

 

The global e-cigarette market is expected to rapidly expand from its current $1.4 billion to approximately $8 billion.

 

One driving force behind this trend is the continuous increase in people's disposable income, which makes consumers more likely to invest in high-end e-cigarette devices, thereby driving the growth of the market for e-cigarette products with excellent functionality, exquisite design, and comprehensive user experience.

 

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1.  This article is intended solely for professional research purposes related to industry, technology, and policy. Any references to brands or products are made purely for objective description and do not constitute any form of endorsement, recommendation, or promotion by 2Firsts.

2.  The use of nicotine-containing products — including, but not limited to, cigarettes, e-cigarettes, nicotine pouchand heated tobacco products — carries significant health risks. Users are responsible for complying with all applicable laws and regulations in their respective jurisdictions.

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