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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Competitive Landscape
British American Tobacco PLC (BAT) stands as one of the world's largest tobacco and nicotine product manufacturers, operating across various international markets. With a heritage spanning centuries, BAT's presence extends to over 200 countries. The company boasts an extensive portfolio encompassing traditional tobacco products like cigarettes, smokeless tobacco, and cigars. However, BAT has been particularly proactive in expanding its range to include next-generation products (NGP) such as e-cigarettes and heated tobacco devices.
JUUL Labs, Inc., a notable American e-cigarette company, disrupted the vaping market with its revolutionary design and approach. Founded with the intention of providing adult smokers an alternative, JUUL introduced a compact, sleek vaping device that garnered immense popularity. The JUUL device, characterised by its compact size reminiscent of a USB flash drive, achieved iconic status within the market. Coupled with an array of flavoured nicotine pods, JUUL's product range presents consumers with a blend of convenience, simplicity, and an extensive assortment of flavours.
NJOY, LLC, a prominent player in the American e-cigarette market, offers a diverse range of vaping devices, catering to different user preferences, including disposable and rechargeable options. Their lineup of e-liquids encompasses various flavours and nicotine strengths, providing consumers with choices to suit their vaping experience.
Other key players in the United States E-cigarettes market are JT International SA, Philip Morris Products S.A., Pop Vapor, Nicopure Labs, LLC (Halocigs), Lost Mary, Logic Technology Development LLC, and E-Alternative Solutions, LLC, among others.
United States E-Cigarettes Market Report Snapshots
United States E-Cigarettes Market Size
United States E-Cigarettes Market Share
United States E-Cigarettes Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 13.67 billion.
The market is projected to grow at a CAGR of 10.1% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of around USD 33.90 billion by 2032.
The market is driven by the introduction of innovative flavours and the development of safer vaping products.
The growing emphasis on CBD-infused products and other alternatives and increasing regulations on traditional cigarettes are expected to promote the expansion of the market.
The major regional markets are New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West, among others.
The different product types in the market are disposable, rechargeable, and modular.
The key players in the market include British American Tobacco PLC, JUUL Labs, Inc., NJOY, LLC, JT International SA, Philip Morris Products S.A., Pop Vapor, Nicopure Labs, LLC (Halocigs), Lost Mary, Logic Technology Development LLC, and E-Alternative Solutions, LLC, among others.
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Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124