E-Cigarette Market

E-Cigarette Market Size And Industry Analysis 2023

The global e-cigarette market size was worth around USD 18.32 billion in 2022 and is predicted to grow to around USD 46.98 billion by 2030 with a compound annual growth rate (CAGR) of roughly 12.49% between 2023 and 2030. The inhalation of vapor rather than smoke is what makes an electronic cigarette so convincing as a substitute for traditional cigarettes. When heated, the liquid solution (which may or may not contain nicotine) in the device becomes vapor, which