How many people vape in the world?
The growth of the vape market is also seen in the increasing number of users. In 2011, there were only around 7 million vapers around the world. Today, the number exceeds 41 million. As traditional cigarette use continues to decline, it’s expected that vaping will only continue to become more popular.
Is the US vape industry under-regulated?
The US faces significant upcoming changes to the otherwise under-regulated vape industry.
How has the vape market changed over the years?
Since the introduction of the first e-cigarette in 2003, the vape market has come a long way. There are more vape products, more e-liquid flavors, more users, and more vape manufacturers and distributors than ever before. Just looking at the vaping devices can tell you all you need to know about the vape market growth.
Where are vapes made?
Vaping is relatively new and growing in the Central American region. Asia is an interesting case for the vape industry. Roughly 95% of all vaping hardware is produced in a single city in China. E-cig manufacturing plants for major brands and independent companies alike make up the small Guangdong city of Shenzhen.
How many people are employed in the vaping industry?
approximately 166,007 AmericansAll entities engaged in business activity generated by the industry pay similar taxes. The vapor industry is a dynamic part of the U.S. economy, accounting for about $24.46 billion in output or about 0.14 percent of GDP. It employs approximately 166,007 Americans who earned wages and benefits of about $7.90 billion.
Who is the biggest vape manufacturer?
JuulMarket. The most well-known e-cigarette brand is Juul, which held three-quarters of the U.S. e-cigarette market at the end of 2018. In December of that year, the cigarette company Altria — the parent company of Philip Morris USA — bought a 35 percent stake in Juul.
How big is the e cig industry?
The U.S. e-cigarette & vape market size was estimated at USD 6.1 billion in 2020 and is expected to reach USD 7.4 billion in 2021.
Is vaping a growing industry?
Report Overview. The global e-cigarette and vape market size was valued at USD 18.13 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 30.0% from 2022 to 2030.
What is the number 1 vape?
With such a huge diversity of products, SMOK is everywhere in the vaping community and widely regarded as the top brand in vaping. Their research and development team have had great success in the past, being one of the first to release the variable wattage vape devices, along with the vape mod design.
Who owns vaping industry?
Altria acquired independent US e-cigarette company Green Smoke in 2014. Both brands were discontinued in December 2018 and Altria announced that it had bought a 35% stake in market leader JUUL Labs. For more on Altria's e-cigarette interests see E-cigarettes: Altria and JUUL Labs.
How many e-cigarette manufacturers are there?
This is a list of electronic cigarette and e-cigarette liquid brands. As of 2014, there were more than 460 e-cigarette brands worldwide.
How profitable is the vaping industry?
This has caused industry revenue to rise, growing an annualized 7.3% to $6.3 billion over the five years to 2021, including an increase of 1.6% in 2021 alone.
Is vape a good business?
You Can Still Run A Profitable Vape Shop In 2022 After all, there are now plenty of competitors operating in the market and some may be well established. But entrepreneurs are often surprised to find that it is still perfectly possible to make a very healthy profit if you create a sound business!
What state Vapes the most?
Vaping Rates USWyoming - Share of regular e-cig users (ages 18-24): 16.67%Hawaii- Share of regular e-cig users (ages 18-24): 15.27%North Dakota - Share of regular e-cig users (ages 18-24): 14.63%Arkansas - Share of regular e-cig users (ages 18-24): 14.23%Tennessee - Share of regular e-cig users (ages 18-24): 13.63%More items...•
What country Vapes the most?
Since their introduction vaping has increased in the majority of high-income countries. E-cigarette use in the US and Europe is higher than in other countries, except for China which has the greatest number of e-cigarette users.
How many Vapes are sold a year 2021?
The vast majority (69.8%) of this increase was from sales of disposable products. From February 2020 to March 2021, sales of disposable e-cigarettes increased by nearly 200% (from 2.8 million to 7.8 million units).
How big is the e-cigarette and vape market?
The global e-cigarette & vape market size was estimated at USD 18.13 billion in 2021 and is expected to reach USD 22.45 billion in 2022. Read More
What is the e-cigarette and vape market growth?
The e-cigarette & vape market is expected to witness a compound annual growth rate of 30.0% from 2022 to 2030 to reach USD 182.84 billion by 2030....
Which device type led the e-cigarette and vape market?
The rechargeable segment in the e-cigarette & vape market accounted for the highest market share of over 40% in 2021. Read More
Which distribution channel dominated the e-cigarette and vape market?
The retail store segment accounted for the highest e-cigarette & vape market share of over 80% in 2021. Read More
Which region accounted for the largest e-cigarette and vape market share?
North America dominated the global e-cigarette & vape market with a share of over 40% in 2021. Read More
Who are the key companies/players in the e-cigarette and vape market?
Key players in the e-cigarette & vape market include Altria Group, Inc.; British American Tobacco; Imperial Brands; International Vapor Group; Japa...
Which country has the largest vape market?
US. The United States is, without a doubt, the largest and fastest growing vape market in the world. This is largely thanks to the simplicity and ubiquitous presence of products like the Juul. It is also due to a lack of legislation to monitor the advertising and sale of these products to minors.
How many teens use vapes in 2015?
Among the findings, 15% of teens reported using vapes in 2015, which incited much of the concern from federal regulatory bodies. Since then, the FDA has cracked down on vape manufacturers and increased fines for retailers caught selling to underage users.
How much nicotine is in a vape cartridge?
Current legislation specifies that no nicotine cartridge or vape juice can contain more than 20mg of nicotine . Juul, for example, offers 5% nicotine per 0.7mL pod (by weight). This translates to about 50mg of nicotine.
How old do you have to be to vape?
Local legislators in areas like California, New York, and states across the midwest have also enacted regulations to combat teen vaping. Some locales raised the legal vape age to 21 to match their smoking age, and others have banned flavored vape juices to keep products from appealing to children.
Which country has the most restrictive vape laws?
Asian countries have the most restrictive vape laws in the world.
Where is vaping growing?
Vaping is relatively new and growing in the Central American region.
Where is vaping banned in South America?
We were unable to find reliable sources on statistics of use in other Central and South American countries. Though, a number of countries in South America, such as Brazil, Venezuela, and Argentina have banned vaping altogether. Other South American countries have absent or unclear legislation about vaping.
How many people vape but never smoke?
Back in 2014-2016, the number of people who vaped but never smoked sat at below 2%. However, over recent years, this figure has climbed up to 5%. Again, this is one of the most surprising vaping statistics on this list.
How much has vaping declined in 2020?
One of the most fascinating vaping statistics in the survey shows that vaping has been growing steadily since 2012 but actually declined by 12% in 2020. This leads us to…
What percentage of vapers prefer fruit flavours?
This is not one of the most surprising vaping statistics. 35% of vapers surveyed said that fruit flavours were their preferred e-liquid. Interestingly, this has grown significantly since 2015, when the number was at 25%.
How many vapers cycle down to 0% nicotine?
Only 2% of vapers have managed to cycle down to 0% nicotine. This vaping statistic was a bit surprising to me. Well, in a way. When I started vaping, the “plan” was that I’d also cycle down to vaping nicotine-free e-liquid and then give up altogether. However, things didn’t quite work out that way.
How many UK vapers have never heard of shortfill?
In fact, one in four UK vapers said they’d never heard of such products. So, if you’re one of those people, have a read of our Complete Guide to Shortfill E-Liquids to see what all of the fuss is about.
Is vaping safer than smoking?
Despite numerous medical studies that show that vaping is 95% safer than smoking, a surprising number of people believe the opposite. In fact, in 2020, the number of people who thought vaping was as harmful or more harmful as smoking actually grew from 25% to 37%. This vaping statistic is troubling.
Is vaping bad for you?
Yes, we have another bleak vaping statistic for you. Only 12% of UK residents understand that vaping is much less harmful than smoking. Some of these people are likely to be smokers who are doing unnecessary damage to themselves instead of trying to stop smoking by trying out vaping.
How Many Electronic Cigarette Manufacturers Are There?
The answer to this question just may surprise you. In that small area in Shenzhen, China there are now over 600 electronic cigarette factories. So we know there are perhaps a couple of dozen factories making quality products so what are the rest of them up to? That’s an easy answer and it may surprise you as well. They are making counterfeits and clones.
What are the best vaping companies?
Companies like Kangertech, Aspire, Innokin, Joyetech, Smok, Tesla, Sense and a few others are responsible, ...
What is PMTA in vaping?
A PMTA requires that a manufacturer include information about the product, what it is made of, the various components and how it works. There must be studies or reports submitted regarding how the product will impact public health even though ecig companies aren’t allowed to make any claims about “ is vaping bad for you or not “. That includes extensive reports and investigation into how each product has health risks, if they are less than other tobacco products and the list goes on.
Do halo cigarette jack up the price?
While it may be true in some cases that US companies sell the same things sold in vape shops at higher prices that is not always true. Halo Cigs does not jack up the price. They sell the iStick 50 watt as the Reactor for pretty much the same price and you get the warranty protection that you do not get when you buy an iStick from a vape shop. Plus you have access to US based customer service. There are advantages to buying rebranded products from US based ecig companies.
Where are e-cigarettes made?
Most of the world’s e-cigarette manufacturers are located in China. Most of the electronic cigarette factories located in a single area in an industrial park in Shenzhen, China. Many Chinese manufacturers have a bad reputation but by the same token there are many exceptional manufacturers in China. They have been making huge strides in ...
Who bears the burden of e-cigarette regulations?
The US companies also bear the burden to tackle meeting the regulations as e-cigarette manufacturers. That’s a big deal for them to do. Those are the companies that are actually leading the fight for your right to vape. American vape companies that offer high quality re-branded vape devices should be welcomed by the vaping community.
Does the FDA have a standard for electronic cigarettes?
The FDA And E-Cigarette Manufacturers. The FDA has imposed no specific standards on electronic cigarette devices. What they have done is create a lengthy and expensive process for e-cigarette manufacturers to go through.
How Big Is the Vape Market?
Source: https://www.marketresearchfuture.com/infographics/e-cigarette-vaporizer-market
How to improve vape marketing?
If you want to improve your vape marketing efforts, you need to perform a thorough competition analysis. It will help you in more ways than one.
What Can’t You Say With Vape Advertising?
You have to measure your words and be very clear about what your products are and what they’re not.
How does vape SEO work?
Vape SEO marketing involves improving your site’s visibility on search engines by using relevant vape keywords, increasing your site’s loading time, optimizing it for mobile viewing, and more. Many of the vape online marketing strategy guides discussed through this list are interwoven with vape SEO, highlighting just how important a good SEO strategy is.
How to get your vape company noticed?
Simply delivering high-quality vaporizers, vape oils, and accessories isn’t enough to get your company noticed. You need to develop a detailed business plan, stay focused on your goals, and invest in a bulletproof vape marketing strategy.
How does a brand image affect vape marketing?
Your brand image sets the tone on how you market your products, how you lead your audiences through the sales funnel, how you generate leads, and how you communicate with your customers. With a strong brand, vape marketing becomes easy because you’ll have definitive, brand-specific rules that govern how every business process is supposed to be handled.
How does vaping help in marketing?
Ultimately, vape digital marketing will help you boost your sales and increase revenue. Keeping your products and services on the radar will pique your customers’ interest, incentivize them to look into your offer, and make a purchasing decision that suits both you and them.
Us
Canada
- The most recent statistics in Canada show vaping is not yet as popular as in the US. Canada estimated 3.9 million vape users in 2015, and we were unable to find anything more recent. However, it stands to reason that Canada’s vape industry has grown alongside other countries that are welcoming the manufacture and sale of electronic cigarettes and t...
Central & South America
- Local news outletsin Mexico City report up to 50% e-cigarette consumption. Central America is fairly new to the ENDS market, and thus has only recently begun to tackle legislation that addresses the recent rise of use. We were unable to find reliable sources on statistics of use in other Central and South American countries. Though, a number of countries in South America, s…
Asia
- Asia is an interesting case for the vape industry. Roughly 95% of all vaping hardware is produced in a single city in China. E-cig manufacturing plantsfor major brands and independent companies alike make up the small Guangdong city of Shenzhen. With such a concentrated and localized production hub, one might think China’s vape market is booming. However, that is far from the c…
UK
- Across the United Kingdom, about 4% of the total adult population use vapes or e-cigarettes. Within England, Scotland, and Wales, about 2.5+ million adults are reportedly regular users (once a day, at least). Similar to United States statistics, England has reportedlyseen a decline in the number of smokers since the rise of the vape market. Also similar to the US, however, is the ten…
European Union
- Collectively, countries across the European Union reportedin 2016 that about 15% of their total population are vape users (regularly, daily). Despite rise in users (up from about 11% in 2014), Europeans are also reportedly more concerned about the health effects of vapes than in previous years. In 2014, around half of the European population saw e-cigarettes are harmful. Compare th…
Oceania & Africa
- We were unable to track down any reasonable statistics on the populations of these areas and vape use. This is likely due to the scattered, disjointed laws and incomplete research on vaping populations in both Oceanic and African countries.
Conclusion
- On a global scale, vaping is on the rise. More countries face inclusive or refined laws to include an increased awareness of their vaping populaces. Major brands have gone international in recent years. The world shouldbe readyto adjust to this expansive trend, and the opportunity to quit smoking that comes with its rise. More people are taking up the habit, overall, and the industry i…