U.S. E-cigarette & Vape Market Size, Share & Trends Analysis Report By Product (Disposable, Rechargeable), By Distribution Channel (Online, Retail Store), And Segment Forecasts, 2023 - 2030

U.S. E-cigarette & Vape Market Size, Share & Trends Analysis Report By Product (Disposable, Rechargeable), By Distribution Channel (Online, Retail Store), And Segment Forecasts, 2023 - 2030


U.S. E-cigarette & Vape Market Growth & Trends

The U.S. e-cigarette & vape market size is expected to reach USD 69.53 billion by 2030, expanding at a CAGR of 29.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. Various factors, such as the rapid growth of vape shops in the U.S. and the increasing popularity of e-cigarettes among the youth population, is expected to drive the market growth over the forecast period. E-cigarettes and vape mods are being increasingly used by users as a substitute for smoking traditional cigarettes.

Due to the increasing health concern over the usage of conventional tobacco cigarettes, the market is expected to witness significant growth. The U.S. owns the widest e-cigarette and vape mod distribution network for sale. However, the new taxation rules among the states of the country are expected to act as potential threats to market growth during the forecast period.

Users across the globe are focusing on using personalized vaporizers. These vaporizers allow a high degree of customization by which the user can keep track of the battery strength, amount of vapor, and amount of nicotine consumed. The rapid surge in the number of available flavors that can be used to fill the cartridge is expected to drive the market growth over the forecast period.

In the U.S., the increasing usage of flavored electronic cigarettes among high school students is expected to propel the market growth. The cases of tobacco-related cancer in the U.S. are increasing. This, as a result, users are looking for alternatives to tobacco smoking, thereby driving the market growth.

U.S. E-cigarette & Vape Market Report Highlights
  • The modular devices segment is expected to emerge as the fastest-growing segment over the forecast period as these devices are known for their high vapor production. Moreover, these devices can be constantly refilled by users
  • An increasing shift in consumer preferences from conventional smoking to e-cigarette and e-liquids is expected to drive the e-liquid segment growth over the forecast period. To make sure that e-liquids are harmless for consumption in e-cigarettes, e-liquid manufacturers are collaborating with research scientists to improve on the safety standards
  • The online distribution channel segment is expected to emerge as the fastest-growing segment over the forecast period. Numerous players across the globe are planning and executing online advertising campaigns, which catch the attention of youth since e-cigarette and vape are growing as a trend in the extensive social media influencer community
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Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.1.1. Product
1.1.2. Distribution channel
1.1.3. Estimates and forecast timeline
1.2. Research Methodology
1.3. Information Procurement
1.3.1. Purchased database
1.3.2. GVR’s internal database
1.3.3. Secondary sources
1.3.4. Primary research
1.3.5. Details of primary research
1.4. Information or Data Analysis
1.5. Market Formulation & Validation
1.6. Model Details
1.7. List of Secondary Sources
1.8. List of Primary Sources
1.9. Objectives
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.2.1. Product
2.2.2. Distribution channel
2.3. Competitive Insights
Chapter 3. U.S. E-cigarette & Vape Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.2. Industry Value Chain Analysis
3.3. Market Dynamics
3.3.1. Market driver analysis
3.3.2. Market restraint analysis
3.3.3. Market opportunity analysis
3.4. U.S. E-cigarette & Vape Market Analysis Tools
3.4.1. Industry analysis - Porter’s Five Forces
3.4.1.1. Supplier power
3.4.1.2. Buyer power
3.4.1.3. Substitution threat
3.4.1.4. Threat of new entrant
3.4.1.5. Competitive rivalry
3.4.2. PESTEL analysis
3.4.2.1. Political landscape
3.4.2.2. Technological landscape
3.4.2.3. Economic landscape
3.4.2.4. Social landscape
Chapter 4. U.S. E-Cigarette & Vape Market: Product Estimates & Trend Analysis
4.1. U.S. E-cigarette & Vape Market: Key Takeaways
4.2. U.S. E-cigarette & Vape Market: Movement & Market Share Analysis, 2022 & 2030
4.3. Disposable
4.3.1. Disposable market estimates and forecasts, 2018 to 2030 (USD Million)
4.4. Rechargeable
4.4.1. Rechargeable market estimates and forecasts, 2018 to 2030 (USD Million)
4.5. Modular Devices
4.5.1. Modular devices market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 5. U.S. E-Cigarette & Vape Market: Distribution Channel Estimates & Trend Analysis
5.1. U.S. E-cigarette & Vape Market: Key Takeaways
5.2. U.S. E-cigarette & Vape Market: Movement & Market Share Analysis, 2022 & 2030
5.3. Online
5.3.1. Dermatology Online market estimates and forecasts, 2018 to 2030 (USD Million)
5.4. Retail Store
5.4.1. Retail store market estimates and forecasts, 2018 to 2030 (USD Million)
5.4.2. Convenience Store
5.4.2.1. Convenience store market estimates and forecasts, 2018 to 2030 (USD Million)
5.4.3. Drug Stores
5.4.3.1. Drug stores market estimates and forecasts, 2018 to 2030 (USD Million)
5.4.4. News stands
5.4.4.1. News stands market estimates and forecasts, 2018 to 2030 (USD Million)
5.4.5. Tobacconist
5.4.5.1. Tobacconist market estimates and forecasts, 2018 to 2030 (USD Million)
5.4.6. Specialty e-cigarette stores
5.4.6.1. Specialty e-cigarette stores market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 6. Competitive Landscape
6.1. Recent Developments & Impact Analysis, By Key Market Participants
6.2. Market Participant Categorization
6.2.1. Reynolds American Inc.
6.2.1.1. Company overview
6.2.1.2. Financial performance
6.2.1.3. Product benchmarking
6.2.1.4. Strategic initiatives
6.2.2. Imperial Brands
6.2.2.1. Company overview
6.2.2.2. Financial performance
6.2.2.3. Product benchmarking
6.2.2.4. Strategic initiatives
6.2.3. Altria Group, Inc.
6.2.3.1. Company overview
6.2.3.2. Financial performance
6.2.3.3. Product benchmarking
6.2.3.4. Strategic initiatives
6.2.4. Japan Tobacco Inc.
6.2.4.1. Company overview
6.2.4.2. Financial performance
6.2.4.3. Product benchmarking
6.2.4.4. Strategic initiatives
6.2.5. Philip Morris International
6.2.5.1. Company overview
6.2.5.2. Financial performance
6.2.5.3. Product benchmarking
6.2.5.4. Strategic initiatives
6.2.6. British American Tobacco
6.2.6.1. Company overview
6.2.6.2. Financial performance
6.2.6.3. Product benchmarking
6.2.6.4. Strategic initiatives
6.2.7. NicQuid
6.2.7.1. Company overview
6.2.7.2. Financial performance
6.2.7.3. Product benchmarking
6.2.7.4. Strategic initiatives
6.2.8. Shenzhen IVPS Technology Co., Ltd.
6.2.8.1. Company overview
6.2.8.2. Financial performance
6.2.8.3. Product benchmarking
6.2.8.4. Strategic initiatives
6.2.9. Shenzhen KangerTech Technology Co., Ltd.
6.2.9.1. Company overview
6.2.9.2. Financial performance
6.2.9.3. Product benchmarking
6.2.9.4. Strategic initiatives

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