UK Predicted to Powerhouse Europe CBD Market, Vape Oil to Soar 80-Fold

Industry InsightMarket

Feb.08.2023

Cannabidiol (CBD) vape liquid market size will soar from $113 mn in 2021 to $8,348 mn in 2029 with a CAGR of 71.6%, according to the analysis report by Data Bridge Market Research.

Ellesmere Zhu

Cannabidiol (CBD) vape liquid market size will soar from $113 mn in 2021 to $8,348 mn in 2029 with a CAGR of 71.6%, according to the analysis report by Data Bridge Market Research.

UK Predicted to Powerhouse Europe CBD Market, Vape Oil to Soar 80-Fold — Source: Data Bridge

The report states:

1. Due to the rise of discretionary income and spending, and the change in global consumers' habits and their awareness of the health effect of CBD and the harm of tobacco, CDB vape oil market will skyrocket, driving the demand for vape liquid and devices, which, in turn, will create opportunities for the European CBD market.

2. Due to the increase in UK's vaping consumption, the market will demand CBD vape liquids increasingly, making UK the dominating role in the European CBD market.

3. Contenders will come along with lower prices and regulators will spare no efforts to curb its development as health risks caused by CBD liquid (such as lung damage) still exist.

4. Major players to date: CBDfx, HempBombs, JustCBD, Le petit vapoteur, Vape Dinner Lady, Malaya Hemp, Marry Jane, Paso, etc.

Reference:

[1] CBD (Cannabidiol) Vape Juice Market

Thumbnail source: prevention.com

#Legislation #Open system e-cigarettes #UK #Middle East #CBD #The United Kingdom #E-cigarette Market

*This article is an original article of 2FIRSTS Technology Co., Ltd. The copyright and license rights belong to the company. Any entity or individual shall make link and credit 2FIRSTS when taking actions to copy, reprint or distribute the original article. The company retains the right to pursue its legal responsibility.

China Tobacco Regulation Shift：Policy Updates and Market Impact

China Tobacco Regulation Shift：Policy Updates and Market Impact

UK Local Council Proposes £5 Refundable Deposit on Vape Devices

UK Local Council Proposes £5 Refundable Deposit on Vape Devices

Norwich City Council is set to debate a proposed vape deposit scheme that would require consumers to pay an extra refundable £5 per device at purchase, with the money returned when the device is handed back, as recent recycling-facility fires, including a major Widnes blaze reportedly very likely caused by a vape, draw greater attention to the risks of improperly discarded lithium-battery devices.

Illicit Vape and Nicotine Pouch Seizures Concentrated in UK Hotspots, New Data Shows

Illicit Vape and Nicotine Pouch Seizures Concentrated in UK Hotspots, New Data Shows

Freedom of Information (FOI) data from the UK shows that more than 3,000 seizures of illegal nicotine products were recorded in the 2024/25 financial year, with Hull, Liverpool and Bolton emerging as the most active enforcement hotspots — highlighting that the problem of illicit vapes, nicotine pouches and smokeless tobacco products persists across many parts of the country.

One Year After UK Disposable Vape Ban: Youth Use Falls to 13%, Adult Use to 8%

One Year After UK Disposable Vape Ban: Youth Use Falls to 13%, Adult Use to 8%

among both youth and adults. However, industry groups and regulators warn that the illicit vape market remains a growing concern.

Haypp Report Shows Nicotine Pouches Gaining Ground as a Vape Alternative in the UK

Haypp Report Shows Nicotine Pouches Gaining Ground as a Vape Alternative in the UK

According to Haypp’s 2026 UK Nicotine Report, nicotine pouches are increasingly replacing both cigarettes and vaping. The UK market grew sharply, with Haypp and Northerner reporting a 60% year‑on‑year sales increase in 2025. Notably, 40% of users adopted pouches to quit vaping, nearly matching the 43% who used them to stop smoking. This indicates pouches are expanding beyond traditional smoking cessation and gaining traction among adults seeking non‑inhalable nicotine alternatives.

UK Vaping Products Duty to Raise £565 Million by 2030/31

UK Vaping Products Duty to Raise £565 Million by 2030/31

The UK will introduce Vaping Products Duty on all vaping liquids from October 1, 2026, with government revenue forecast to rise from £135 million in 2026/27 to £565 million by 2030/31.

UK Disposable Vape Ban Marks One Year as Adult Use Falls to 8% and Youth Use to 13%

UK Disposable Vape Ban Marks One Year as Adult Use Falls to 8% and Youth Use to 13%

One year after the UK ban on single-use disposable vapes took effect, YouGov data commissioned by Action on Smoking and Health shows that 13% of 11-17-year-old vapers and 8% of adult vapers now mainly use disposable products.

Related Topics

HEADLINE Interview

Related Read

UK Local Council Proposes £5 Refundable Deposit on Vape Devices

UK Local Council Proposes £5 Refundable Deposit on Vape Devices

Illicit Vape and Nicotine Pouch Seizures Concentrated in UK Hotspots, New Data Shows

Illicit Vape and Nicotine Pouch Seizures Concentrated in UK Hotspots, New Data Shows

One Year After UK Disposable Vape Ban: Youth Use Falls to 13%, Adult Use to 8%

One Year After UK Disposable Vape Ban: Youth Use Falls to 13%, Adult Use to 8%

Haypp Report Shows Nicotine Pouches Gaining Ground as a Vape Alternative in the UK

Haypp Report Shows Nicotine Pouches Gaining Ground as a Vape Alternative in the UK

UK Vaping Products Duty to Raise £565 Million by 2030/31

UK Vaping Products Duty to Raise £565 Million by 2030/31

UK Disposable Vape Ban Marks One Year as Adult Use Falls to 8% and Youth Use to 13%

UK Disposable Vape Ban Marks One Year as Adult Use Falls to 8% and Youth Use to 13%