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.

References:

[1] E-Cigarette Market to Partake Significant Development during 2030

Also Read:

[1] China's E-cigarette Export to the Netherlands in October 2023

[2] China's E-Cigarette Exports to Russia: 2023 Statistics and Market Outlook

[3] China's E-cigarette Exports Reached $867 million in October, Lowest Level since March

#Global #E-cigarette #E-cigarettes and Tobacco #E-cigarette Market

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