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Global disposable e-cigarette market to reach $6.3 billion in 2022, study says

Global disposable e-cigarette market to reach $6.3 billion in 2022, study says

2022-08-11

The global disposable e-cigarette market is expected to reach $6.34 billion by 2022, according to a new study.


Overall demand for single-use e-cigarettes is expected to grow at a CAGR of 11.2% between 2022 and 2032 due to growing demand for non-tobacco products due to growing health concerns, according to a report The total amount is approximately $18.32 billion.


According to market research agency FMI, the growing appeal of consumers to use disposable e-cigarettes is expected to accelerate the development of this market in the next few years.


Many market players are launching new and innovative products to meet the growing consumer demand for these products.


For example, in January 2021, British e-cigarette brand Dinner Lady launched a disposable e-cigarette pen.


North America dominates the disposable e-cigarette market and will hold the largest revenue share of 49.8% in 2021.


The growing popularity of flavored disposable e-cigarettes offered by brands such as Puff Bar, Vuse and Suorin is one of the major factors expected to drive the growth of the industry in the region.


The main contents include:


The global disposable e-cigarette market is worth $6.34 billion by the end of 2022;


From 2017 to 2021, the demand for disposable e-cigarettes will grow at a CAGR of 5.6%;


By flavor, the non-tobacco category is expected to constitute the majority of the disposable e-cigarette market during the forecast period;


Through distribution channels, the offline segment dominates the disposable e-cigarette market;


Sales of disposable e-cigarettes are expected to boom at a CAGR of 11.2% from 2022 to 2032.


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