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Showing posts with the label U.S. E-cigarette & Vape Market

U.S. E-Cigarette & Vape Market: Trends, Growth & Forecast (2023–2030)

  U.S. E-cigarette & Vape Market Growth & Trends The  U.S. e-cigarette and vape market   is projected to reach USD 69.53 billion by 2030, expanding at a robust CAGR of 29.8% from 2023 to 2030, according to a recent report by Grand View Research, Inc. This accelerated growth is attributed to the rising popularity of e-cigarettes, particularly among the youth demographic, and the rapid expansion of vape shops across the United States. E-cigarettes and vape devices are increasingly adopted as alternatives to traditional tobacco smoking, largely due to growing health consciousness among consumers. As health concerns about conventional tobacco products intensify, e-cigarettes are viewed as a potentially safer option, prompting a behavioral shift among adult smokers and youth. The U.S. has one of the most developed distribution networks for e-cigarettes and vape products, enhancing accessibility and consumer reach. However,...

Vaping in America: Key Trends Shaping the U.S. E-Cigarette Market

  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 2023 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. The...