Global Disposable E-Cigarettes Market

Global Disposable E-Cigarettes Market Size, Share, Growth Analysis, By Product Type(Closed-System Disposable E-Cigarettes and Open-System Disposable E-Cigarettes), By Flavor(Fruit, Menthol), By Distribution Channel(Online and Offline Sales) - Industry Forecast 2024-2031


Report ID: SQMIG30J2017 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 88 | Figures: 79

Global Disposable E-Cigarettes Market Insights

Disposable E-Cigarettes Market size was valued at USD 5.7 billion in 2021 and is poised to grow from USD 6.8 billion in 2022 to USD 14.8 billion by 2030, growing at a CAGR of 11.2% in the forecast period (2023-2030).

Disposable e-cigarettes are a type of electronic cigarette that is designed to be used once and then thrown away. They are typically small and compact, resembling a traditional tobacco cigarette in size and shape. Disposable e-cigarettes are pre-filled with e-liquid and come with a built-in battery that is activated when the user inhales. They offer a convenient and easy-to-use option for those who are new to vaping or who are looking for a hassle-free experience. Disposable e-cigarettes come in a range of flavors and nicotine strengths to suit different preferences, and they are widely available at vape shops and online retailers. However, they are not environmentally friendly and can contribute to e-waste. As reported by Truth Initiative in June 2021, 28% of e-cigarettes and disposable products were sold online. The availability of approved disposable e-cigarettes from health bodies such as the National Medical Products Administration (NMPA) is also expected to drive market growth as they are seen as a safer alternative to traditional tobacco smoking. The millennial population's increasing preference for disposable e-cigarettes is expected to drive market growth in the coming years. Key players are launching new and innovative products to cater to the growing demand for these products among consumers. For example, Dinner Lady, a U.K.-based vape brand, launched a disposable vape pen in January 2021 to support consumers in terms of health and provide more sustainable options.

Disposable e-cigarettes is also gaining traction among consumers who want hassle-free smoking without the need for recharging or refills. RELX International entered the disposable market in May 2022 by introducing two new disposable vape brands, RELX x BubbleMon and WAKA Mini. These devices feature transparent oil cabinets that reveal the e-liquid levels, enabling consumers to know when to purchase a new device. Consumers' increasing inclination towards different flavors such as cinnamon, berry, vanilla, saffron, and apple presents a lucrative opportunity for players in the disposable e-cigarette market. BIDI Stick, a disposable e-cigarette brand, launched new flavor names as direct translations from its previous flavors, such as Marigold, Arctic, and Solar, among others, in July 2021. However, the market's growth rate may be altered by potential environmental harm caused at each stage of the disposable e-cigarette product lifecycle, including mining, manufacturing, using, and disposing of. Truth Initiative reported in March 2021 that almost half of young people are unsure of how to dispose of used e-cigarette pods and disposable devices. This results in e-waste being shipped from Western countries to developing countries, posing an environmental hazard. Government initiatives for safe disposal of these products could help the market grow. However, the use of e-cigarettes has also raised concerns among health organizations and governments around the world. The World Health Organization (WHO) has expressed concern over the potential health risks associated with e-cigarette use, including the possibility of nicotine addiction, lung damage, and other health problems. In addition, several studies have suggested that e-cigarettes may not be as safe as they are often marketed to be. One study published in the journal Environmental Science & Technology found that e-cigarette vapor contains harmful chemicals, including formaldehyde and acetaldehyde, which can cause respiratory problems. Health organizations, including the American Heart Association and the American Lung Association, have called for tighter regulation of e-cigarettes and increased public education about the potential risks associated with their use. They also encourage smokers to use FDA-approved cessation methods, such as nicotine replacement therapy or prescription medications, rather than turning to e-cigarettes.

US Disposable E-Cigarettes Market is poised to grow at a sustainable CAGR for the next forecast year.

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Disposable E-Cigarettes Market size was valued at USD 5.7 billion in 2021 and is poised to grow from USD 6.8 billion in 2022 to USD 14.8 billion by 2030, growing at a CAGR of 11.2% in the forecast period (2023-2030).

Global disposable e-cigarette market is expected to witness substantial growth over the forecast period due to increasing consumer demand for e-cigarettes as a safer alternative to traditional cigarettes. However, the market is also witnessing the emergence of several new players, who are offering innovative products and leveraging technology to gain a competitive edge. The market is also characterized by the presence of several regulatory challenges, with governments around the world grappling with the best way to regulate the use and sale of e-cigarettes. Despite these challenges, the market is expected to witness steady growth in the coming years, driven by increasing consumer awareness and changing lifestyles. 'Altria Group Inc.', 'British American Tobacco PLC', 'Japan Tobacco Inc.', 'Imperial Brands PLC', 'Philip Morris International Inc.', 'JUUL Labs, Inc.', 'RELX Group', 'Shenzhen iSmoka Electronics Co. Ltd.', 'Hangsen Holding Co. Ltd.', 'Vapor4Life, Inc.', 'Mistic E-Cigs', 'NJOY Inc.', 'V2 Cigs', 'Blu eCigs', 'JAK ECIG', 'LOGIC Technology Development LLC', 'NUCIG Ltd.', 'Vapage Premium Vaping and e-Cigarette Outfitters', 'White Cloud Electronic Cigarettes', 'Zemo Cigs', 'In March 2022, the US FDA announced plans to impose new restrictions on the sale of flavored e-cigarettes, including disposable e-cigarettes, in an effort to reduce youth vaping.', 'In January 2022, the European Union introduced new regulations governing the sale and use of e-cigarettes, including disposable e-cigarettes, as part of its Tobacco Products Directive.', 'In August 2021, the World Health Organization (WHO) released a report on electronic nicotine delivery systems, including disposable e-cigarettes, calling for stricter regulation and warning of potential health risks.'

One driver of the flavor market is the increasing demand for natural and organic flavors. Consumers are becoming more health-conscious and are seeking out products made with natural and organic ingredients. This trend is driving the demand for flavors derived from natural sources such as fruits, vegetables, and herbs, and for flavors that are free from artificial colors, preservatives, and flavors. Manufacturers are responding to this trend by developing new natural and organic flavors and by reformulating existing products to meet consumer demand. The shift towards natural and organic flavors is expected to continue in the coming years, as consumers become more aware of the health benefits of natural and organic ingredients.

One key market trend in the global disposable e-cigarette market is the increasing demand for flavored disposable e-cigarettes, particularly among younger consumers. Flavored e-cigarettes, including fruit, dessert, and candy flavors, have gained popularity as they are seen as a more enjoyable and attractive alternative to traditional tobacco flavors. This trend has prompted e-cigarette manufacturers to focus on developing and promoting a wide range of flavors, such as mango, strawberry, and blueberry, in their disposable e-cigarette products. However, this trend has also attracted regulatory scrutiny and criticism from health organizations, which are concerned about the potential impact of flavored e-cigarettes on youth vaping rates.

North America dominated the global market. The region's dominance can be attributed to several factors, including a large population, high disposable incomes, and a strong food and beverage industry. The United States is the largest flavor market in North America, accounting for the majority of the region's revenue. The country has a highly developed food and beverage industry, which drives the demand for flavors in various products such as carbonated soft drinks, energy drinks, and snack foods. Additionally, the country's large population and high disposable income levels make it an attractive market for flavor manufacturers. Canada is another important market for flavors in North America. The country has a growing food and beverage industry and is home to several large food and beverage manufacturers. The country's diverse population has also contributed to the demand for a wide range of flavors, including ethnic flavors. Mexico is a significant market for flavors in North America, with a growing food and beverage industry and a large population. The country's warm climate has contributed to the popularity of fruity and refreshing flavors in various products such as soft drinks and frozen desserts.

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Global Disposable E-Cigarettes Market

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