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

Mar.14.2023

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.

#Europe #Legislation #Open system e-cigarettes #Spain #E-cigarette #E-cigarettes and Tobacco #E-cigarette Market #Smart e-cigarettes

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.

Judge Dismisses Some Claims in Arkansas THC Vape Class Action

U.S. District Judge Brian S. Miller has dismissed some claims from a proposed class action alleging that vape products contained THC levels above legal limits, while allowing others to proceed. The court rejected warranty and drug liability claims but upheld RICO, negligence, and fraud allegations against multiple defendants.

Nov.11 by 2FIRSTS.ai

Mongolia Proposes Full Regulation of E-Cigarettes Under Tobacco Law

Mongolia’s Parliament has begun reviewing major amendments to the Tobacco Control Law, which would bring e-cigarettes and other new nicotine products under the same legal framework as traditional cigarettes. The bill also proposes a gradual increase in tobacco excise taxes through 2030 and new restrictions on flavors, marketing, and public smoking.

Nov.26 by 2FIRSTS.ai

5th Circuit Reviews FDA’s Compliance on Small-Business Impact of Vape Rule

A Fifth Circuit panel expressed doubts about whether the U.S. Food and Drug Administration complied with the Regulatory Flexibility Act when issuing its 2021 final rule on premarket tobacco product applications. Vape companies argued the FDA relied on outdated and inaccurate economic data, while the government said the challenged requirements stem from the Tobacco Control Act.

Dec.03 by 2FIRSTS.ai

Baltimore Moves to Zone Smoke Shops, Set Minimum Distance From Schools

Baltimore’s City Council in Maryland, building on recently enacted restrictions on “small box” dollar-store chains, has proposed a package of regulations for tobacco and vape retailers. The measures would create a standalone land-use category for “smoke shops,” establish distance buffers from schools and parks, limit exterior signage brightness, and schedule an informational hearing.

Oct.29 by 2FIRSTS.ai