Three ecigarettes over white background with e-liquid inside the container.
Overview and Scope
The vaporizer is defined as a device that is used to vaporize plant-based substances such as cannabis, tobacco, or other herbs or blends of essential oil for inhalation. E-cigarettes and other electronic nicotine delivery systems (ENDS) are defined as devices that heat a liquid containing nicotine to create an aerosol that can be inhaled by the user.
Sizing and Forecast
The vaporizers, e-cigarettes, and other electronic nicotine delivery systems (ends) market size has grown strongly in recent years. It will grow from <b>$17.02 billion in 2023 to $18.38 billion in 2024 at a compound annual growth rate (CAGR) of 8.0%. </b> The growth in the historic period can be attributed to smoking cessation and harm reduction, flavor variety, regulatory environment, social acceptance.
The vaporizers, e-cigarettes, and other electronic nicotine delivery systems (ends) market size is expected to see strong growth in the next few years. It will grow to <b>$24.56 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%. </b> The growth in the forecast period can be attributed to smoking reduction efforts, health and wellness trends, regulatory changes, lifestyle choices. Major trends in the forecast period include pod systems, reduced nicotine options, flavor innovations, smoking cessation programs, sustainability and eco-friendly practices.
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Segmentation & Regional Insights
The vaporizers, e-cigarettes, and other electronic nicotine delivery systems (ends) market covered in this report is segmented –
1) By Type: Vaporizers, E-Cigarettes, Other Electronic Nicotine Delivery Systems (ENDS)
2) By E-Cigarettes Type: Disposable, Rechargable, Modular
3) By Vaporizers Type: E-cigarette Vaporizers, Marijuana Vaporizers, Medical Vaporizers
<b>Asia-Pacific</b> was the largest region in the Vaporizers, E-Cigarettes, and other Electronic Nicotine Delivery Systems (ENDS) market in 2023. <b>North America</b> was the second-largest region in the vaporizers, e-cigarettes, and other electronic nicotine delivery systems (ENDS) market. The regions covered in the vaporizers, e-cigarettes, and other electronic nicotine delivery systems (ends) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
Rising awareness of health issues caused by smoking conventional tobacco cigarettes among the smoking population is driving the growth of the e-cigarettes market. Conventional tobacco cigarettes release toxic compounds that adversely affect the health of the individual. The e-cigarettes are less toxic and safer compared to conventional tobacco cigarettes. For instance, according to the Centers for Disease Control and Prevention, in 2021, headed tobacco products have been promoted as ‘reduced harm’ products that can help people quit conventional tobacco smoking by WHO. The vapor products do not burn tobacco, the vapor contains significantly lower levels of toxicants than the smoke created when burning tobacco. Therefore, e-cigarettes have reduced risk properties compared to traditional cigarettes.
Key Industry Players
Major companies operating in the vaporizers, e-cigarettes, and other electronic nicotine delivery systems (ends) market include <b>Dash Vapes, Hubbly Bubbly, Liquideu, Nice Vapor, Pacific Smoke International, Puff Ecig, Simple Vape Co. London Ltd, Smokio, Vape Escapes, Vapor Line, Kure Vapes, Pax, Cannakorp, Grenco Science, Davinci, Uk Ecig Store, Vapexhale, Dripclub, Halo Cigs, Volcano Vaporizer, Juul Labs Inc., Philip Morris International Inc., British American Tobacco plc, Imperial Brands plc, Japan Tobacco Inc., Altria Group Inc., Fontem Ventures B.V., Aspire, Eleaf, Joyetech, Smoant, Vaporesso, Wismec</b>
The vaporizers, e-cigarettes, and other electronic nicotine delivery systems (ends) market report table of contents includes:
1. Executive Summary
2. Vaporizers, E-Cigarettes, And Other Electronic Nicotine Delivery Systems (ENDS) Market Characteristics
3. Vaporizers, E-Cigarettes, And Other Electronic Nicotine Delivery Systems (ENDS) Market Trends And Strategies
4. Vaporizers, E-Cigarettes, And Other Electronic Nicotine Delivery Systems (ENDS) Market – Macro Economic Scenario
5. Global Vaporizers, E-Cigarettes, And Other Electronic Nicotine Delivery Systems (ENDS) Market Size and Growth
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26. South America Vaporizers, E-Cigarettes, And Other Electronic Nicotine Delivery Systems (ENDS) Market
27. Brazil Vaporizers, E-Cigarettes, And Other Electronic Nicotine Delivery Systems (ENDS) Market
28. Middle East Vaporizers, E-Cigarettes, And Other Electronic Nicotine Delivery Systems (ENDS) Market
29. Africa Vaporizers, E-Cigarettes, And Other Electronic Nicotine Delivery Systems (ENDS) Market
30. Vaporizers, E-Cigarettes, And Other Electronic Nicotine Delivery Systems (ENDS) Market Competitive Landscape And Company Profiles
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