Global Vape Pens Market Growth 2024-2030

Global Vape Pens Market Growth 2024-2030

The global Vape Pens market size is projected to grow from US$ 19620 million in 2024 to US$ 34360 million in 2030; it is expected to grow at a CAGR of 9.8% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Vape Pens Industry Forecast” looks at past sales and reviews total world Vape Pens sales in 2023, providing a comprehensive analysis by region and market sector of projected Vape Pens sales for 2024 through 2030. With Vape Pens sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Vape Pens industry.

This Insight Report provides a comprehensive analysis of the global Vape Pens landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Vape Pens portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Vape Pens market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Vape Pens and breaks down the forecast by Type, by Sales Channel, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Vape Pens.

Global core manufacturers of Vape Pens for In-line Systems include Imperial Tobacco, British American Tobacco, Japan Tobacco, Altria and Philip Morris International. North America is the largest consumption region, accounting for approximately 57% of the global market. In terms of type, e-vapor is the largest market segment, with a share of more than 94%. In terms of sales channel, the largest sales channel is offline sales, with a share of approximately 83%.

This report presents a comprehensive overview, market shares, and growth opportunities of Vape Pens market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
E-vapor
Heated Not Burn

Segmentation by Sales Channel:
Online
Offline

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Imperial Tobacco
British American Tobacco
Japan Tobacco
Altria
Philip Morris International
FirstUnion
Buddy Group
Innokin
RELX
Smoore International
ELFBAR
SKE Crystal
Elux
MOTI
Boulder

Key Questions Addressed in this Report

What is the 10-year outlook for the global Vape Pens market?

What factors are driving Vape Pens market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Vape Pens market opportunities vary by end market size?

How does Vape Pens break out by Type, by Sales Channel?

Please note: The report will take approximately 2 business days to prepare and deliver.