US Smart E-cigarette Market to Reach $26.6 Billion by 2027

Mar.14.2023

US Smart E-cigarette Market to Reach $26.6 Billion by 2027

The US smart e-cigarette market will reach $2.66 billion by 2027 with a 39.3% compound annual growth rate.

According to data from think tank organization Astute Analytica, the smart electronic cigarette market in the United States (both with and without displays) was valued at $364.7 million in 2021 and is expected to reach $2.664.9 billion by the end of 2027.

During the forecast period of 2022-2027, the compound annual growth rate of this market is projected to be 39.3%. In terms of quantity, the US smart e-cigarette market is expected to have a compound annual growth rate of 34.6% between 2022-2027.

According to a study by Astute Analytica, electronic cigarettes without screens currently dominate the smart electronic cigarette market in the United States with a 2021 market share of 86.2%. It is projected to grow at a compound annual growth rate of 34.3% during the forecast period.

However, electronic cigarettes with screens are expected to grow at a compound annual growth rate of 56%. Smart electronic cigarettes with screens display battery status and ingredient levels, which helps consumers predict usage time and thus accelerate overall growth in the near future.

Reference(s):

The smart e-cigarette market in the United States is projected to grow significantly by 2027. The industry dynamic is divided into two types: those with screens and those without screens, as well as online and offline distribution channels. This report provides a market size estimate and offers insights into opportunities and forecasts for the industry.

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