Top Vape Cartridge Companies

Global Vape Cartridge Market size was valued at USD 1.92 billion in 2023 and is poised to grow from USD 2.3 billion in 2024 to USD 9.91 billion by 2032, growing at a CAGR of 20.0% during the forecast period (2025-2032).

The companies compete in areas such as product quality, flavor variety, product innovation, marketing strategies, pricing, and distribution channels. With the market becoming increasingly crowded, competition is intense, and companies need to differentiate themselves to gain a competitive advantage. 'Philip Morris International Inc. (USA) ', 'British American Tobacco PLC (UK) ', 'Japan Tobacco Inc. (Japan) ', 'Altria Group Inc. (USA) ', 'Imperial Brands PLC (UK) ', 'Turning Point Brands, Inc. (USA) ', 'VPR Brands LP (USA) ', '22nd Century Group, Inc. (USA) ', 'Smoore International Holdings Limited (China) ', 'RELX Technology (China) ', 'Vaporesso (parent company: Smoore International) (China) ', 'VOOPOO (parent company: ICCPP) (China) ', 'Joyetech Group (China) ', 'Innokin Technology (China) ', 'KangerTech (China) ', 'Aspire Global (China) ', 'Shenzhen IVPS Technology Co., Ltd. (SMOK) (China) ', 'GeekVape (China) ', 'Vandy Vape (China) ', 'Lost Vape (China)'

With people becoming more health-conscious, the demand for smoking alternatives has increased. Vape cartridges provide a smokeless and ashless way of consuming nicotine or cannabis, which is seen as a healthier alternative to smoking.

The legalization of cannabis for medical and recreational purposes in several countries and states has driven the demand for vape cartridges.

North America dominated the market for vape cartridges with a 43.7% sales share. Most members of the younger demographic favor using vape cartridges and electronic cigarettes instead of conventional tobacco products. Due to its less dangerous properties and as a fashion statement, it has been shown that North Americans prefer to vape. In the US, 1 in 5 smokers also use tobacco and vape pens and cartridges. Approximately 1.5 million more students used e-cigarettes than, according to the National Youth Tobacco Survey. The introduction of tantalizing flavors and tastes of vape liquids by significant vape cartridge producers will, however, be the market's driving force.