How many people vape in the US?
Data from 2020 show that 11% of Americans vape. Among US adults, millennials vape the most. Approximately 3.02 million high-school students in the US vape. The use of e-cigarettes spiked by a whopping 78% in 2018. Men in the States are more than twice as likely to vape as women.
What is driving the growth of the vape shop market?
These shops assisted customers in selecting from a wide range of devices and e-liquids. Furthermore, vape shops allowing customers to try out and test these devices before making a purchase decision is expected to drive the retail store segment growth over the forecast period.
How are modular vape devices trending in North America?
Various vaping events, such as vape conventions and competitions, are organized regularly in North America, thereby stimulating the demand for modular devices in the region. The retail store segment accounted for the highest market share of over 84% in 2021. Earlier, e-cigarettes were sold in retail outlets such as vape shops and gas stations.
What is the forecast period of e-cigarette and vape market research report?
The global e-cigarette and vape market size was valued at USD 10,261.8 million in 2018 and is expected to grow at a CAGR of 24.9% from 2019 to 2025. The industry is expected to gain traction over the forecast period.
How big of an industry is vaping?
Verified Market Research estimates the worldwide vaping market will grow from $10 billion in 2020 to nearly $74 billion by 2028. Mordor Intelligence says the global e-cigarette industry generated nearly $19 billion of revenue last year with about 17% annual growth expected through 2026.
How many vaping companies are there?
More than 460 different e-cigarette brands are currently on the market.
What state has the highest rate of vaping?
Among the 37 states with 2017 data available, Colorado's high school vaping rate was the highest in the country. But similar shares of teens in Colorado and nationwide reportedly had ever tried e-cigarettes.
Who is the largest vape manufacturer?
JUUL LabsA Growing Market And Falling SharesCompany20142017Altria1.12.5PMI1.30.4Others (independent companies)82.075.3JUUL Labs4.04 more rows•Mar 4, 2022
Where are vaping products manufactured?
ChinaWorldwide, more than 95% of e-cigarettes sold are thought to have been manufactured in China (Jourdan 2014), most in one city—Shenzhen (Barboza 2014).
Where are vapes produced?
ChinaNinety percent of the world's e-cigarettes are made in China. Experts warn, however, that poorly manufactured devices can vaporize heavy metals and carcinogens alongside the nicotine.
Where are the most Vapers?
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...•
How many Vapers are in the US?
Data from the National Health Interview Survey In 2018, an estimated 8.1 million U.S. adults were current electronic cigarette (e-cigarette) users (1). E-cigarette use is a public health concern (2), and it has been linked to a recent outbreak of lung injury and deaths among adults (3).
What state has the highest percentage of smokers?
Kentucky once again leads all states in the percentage of adults who still smoke cigarettes, according to state-by-state figures today released by the CDC.
Who owns vaping industry?
E-cigarettes, also known as vapes, have gained in popularity since they were introduced to the U.S. market. Billed as a healthier alternative to cigarettes, most of the companies that created them are now owned by Big Tobacco.
What are the biggest vape companies in the US?
Juul was the leading e-cigarette brand in the United States in 2020, capturing 42 percent of the e-cigarette market in that year. Vuse came in second place, with 36 percent market share.
How much is the vaping industry worth 2021?
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.
Who manufactures vaping?
The U.S. vaping industry is dominated by a few companies — however, JUUL has had the most prominent growth. As of September 2018, JUUL controlled 72% of the vaping market. Other leading vape brands, such as Vuse and MarkTen, are owned by larger tobacco companies such as Phillip Morris and RJ Reynolds Tobacco Company.
What is the best vape company?
The 10 Best Vape Brands & Manufacturers are:Voopoo.Geekvape.JUUL.SMOK.Innokin.Vaporesso.Aspire.Uwell.
Who owns vaping industry?
The popular brand VUSE, is owned by R.J. Reynolds Vapor Company, a subsidiary of the tobacco giant Reynolds America. British American Tobacco (BAT), the largest tobacco company in the Europe, launched Vype around four years ago. Altria (formerly Phillip Morris) owns MarkTen.
How much is the vaping industry worth 2021?
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.
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...
What is the largest market for vaping?
A complicated history hasn’t kept investors and users alike from placing their bets on the worldwide vaping industry. Recent evaluations show the United States to be the largest market for vape products with a population that spent close to $7 billion in 2018 alone. Thanks to no shortage of devices, the U.K.’s vape deals encouraged the country’s users to spend over $2 billion on vape products in the same year.
When did vapes start?
Vape devices entered both European and United States markets in 2006, setting the stage for a product that would soon overtake both nations. Companies around the world — most notably in the USA and the U.K. — offered dozens of attractive vape deals to entice new users.
How much did Juul vapes increase in sales?
Needless to say, JUUL took over the nation with sales that increased by almost 600% in a single year. Whether or not it meant to, the brand soon found itself representing the face of vape products nationwide as controversy over controversy landed at its doorstep. Even local vape deals couldn’t escape the company’s reach.
How much is the vape market worth in 2027?
By 2027, the e-cigarette and vape market is expected to be worth $67.31 billion — with the United States claiming a large chunk of this success.
How much did mods make in 2016?
In 2016, the market’s evaluation reached $2.97 billion, with Mod sales claiming a majority of overall sales.
What is a mod in vaping?
However, it wasn’t until the end of the second generation that things took a turn with the introduction of modular devices — also known as Mods in the vaping community. These products enabled users to personalize their vape, customizing everything from grip, design, color and mouthpiece to overall wattage.
What was the biggest perpetrator of vaping?
Despite having a strong start, a few things got in the way of growth when it came to U.S. and U.K. vape deals. The FDA was the largest perpetrator, as the organization regularly attempted to seize shipments of vape devices coming into the country. The World Health Organization also deterred some false claims made by companies with deceitful marketing tactics, further spawning controversy for the industry.
Michigan is trying to ban flavored vaping products again
According to a public notice from the Michigan Department of Health and Human Services (MDHHS; HHS), the administration intends to issue new executive rulemaking based on a proposed measure to ban flavored vaping products statewide that received much backlash when presented late last year.
Same stuff
To save you all a bunch of regulatory jargon, it’s practically the same proposal that was made in October of 2019. The policy intends to restrict all sales and most forms of possession. The policy also intends to strickly regulate the transit of such products.
Which state has the lowest vaping rate?
Kentucky, for example, had the second-highest rate of both adults who vape (6.1%) and tobacco smokers (24.6%) in 2017. California, meanwhile, had the lowest rate of vaping (3%) and the second-lowest rate of tobacco smokers (11.3%).
How old are you when you vape?
Younger adults are more likely to vape than older adults. In fact, adults between 18 and 24 years old are three times more likely than average to use e-cigarettes or a similar vaping product, and adults between 25 and 34 years old are twice as likely.
How many people use e-cigarettes in 2017?
Survey data shows 4.6% of adults currently used e-cigarettes or a similar device in 2017, compared with 4.7% in 2016.
What is the University of Michigan's Monitoring the Future survey?
Another effort – the University of Michigan 's Monitoring the Future survey, funded by the National Institute on Drug Abuse – offers a more recent look at the issue among adolescent students.
Is e-cigarette use an epidemic?
surgeon general – have deemed e-cigarette use among youth an "epidemic. " Questions also have swirled over whether e-cigarettes are effective as a smoking-cessation tool, or whether they merely offer another path to nicotine addiction. ...
How many people died from vaping in 2020?
Vaping caused the death of sixty-eight people in the US between December 3rd, 2019 and February 18th, 2020. These deaths occurred across the US—in 29 states and the District of Columbia.
What is the most popular flavor of vape?
The most popular are fruit flavors, followed by mint, menthol, candy, and other sweets. To stop advertising vaping through flavored e-cigarettes, the FDA issued a policy that prohibits the use of any other pre-filled cartridge other than menthol and tobacco, unless approved by the FDA.
What is the risk of vaping?
Perhaps the main risk that vapers face is developing what is called an e-cigarette and vaping use-associated lung injury or EVALI. Its outbreak in 2019 turned out to be strongly linked to the presence of vitamin E acetate in e-cigarette products.
What is the second most popular vape brand?
Vuse came in second with approximately 24% of total nicotine vaping product sales, followed by blu (6%). Njoy reached no more than 2%, while all other brands reached about 1%.
What are the ingredients in vaping?
The usual ingredients of e-liquids used in vaping include: nicotine, THC, CBD, flavors, sweeteners, and solvents (vegetable glycerin and propylene glycol).
How many Americans ignore the negative effects of e-cigarettes?
Only 6% of adult Americans ignore the negative effects of e-cigarettes on one’s health. About 59% of the surveyed have heard a lot about vaping and smoking e-cigarettes possibly leading to respiratory problems. Finally, 14% claim they’re vaguely informed about the topic.
Does evali have vitamin E?
This stat is not surprising, given the fact that the acetate form of vitamin E, the main culprit for EVALI, is widely used in vaping products with THC.
How many people use marijuana in 2018?
Image source: National Institute of Drug Abuse. Worldwide, the United Nations estimates that 192 million people used marijuana in 2018.
How many people over 26 use marijuana?
That survey has 8.6% of individuals over 26 years of age identifying as having used marijuana in the past month (which correlates to the Gallup criteria for being a current user). This number is up from 7.9% in their 2017 study.
How often do analysts predict what the cannabis industry is worth?
Every year, analysts predict what the cannabis industry is worth. And every year that number exceeds expectations.
Which state is the first to legalize medical marijuana?
Every cannabis-related ballot measure in 2020 passed, including a few new medical markets, and several new recreational markets. South Dakota was the first state to legalize medical and recreational marijuana at the same time.
What is the nice thing about a rapidly growing industry?
The nice thing about a rapidly-growing industry is the proliferation of new data and insights.
Is cannabis diversified?
Cannabis consumers diversified (though gender is nearing 50/50) The cannabis consumer continues to diversify. The 2020 report from Eaze, a cannabis delivery service in the San Francisco Bay Area, shows the divide in gender disappearing, especially in the boomer age group. Image source: Eaze.
Which states crushed prior year sales records?
Throughout all this, though, several states crushed prior year sales records, including mature markets like California, Oregon, and Colorado.
How many vape smokers are in high school?
Among these, you would find 84.7% high school students, while middle schoolers made a number of 73.9% . In other words, 2.5 million and 0.4 million flavored vape smokers belonged to high school and middle school, respectively. Let’s hope the next vaping statistics will bring good news to the community.
What percentage of schoolers are at risk for vaping in 2021?
24.3% Schoolers At Risk [Vaping Statistics] July 10, 2021. June 29, 2021 by Sam. The trend was stagnant since 2011 when vaporizers (electronic cigarettes) caught the world by storm. There has been a considerable increase in the number of smokers, which lead the lawmakers to narrow their attention to the vaporizer industry.
What percentage of smokers vape prefilled pods?
Starting with the prefilled pods, about 66% of the total smokers vaped the fruit flavor.
What is the percentage of mint in disposables?
Now coming to the disposables, the most prominent flavor has been fruit with a percentage of 82.7%. Mint secured the second spot after settling for 51.9%. Other flavors and menthol flavors were next on the list, with the usage of 41.7% and 23.3%, respectively.
How many people smoke menthol?
The menthol flavor is the next most popular flavor because 37% of users confirmed using smoking it. It makes a total of 0.9 million smokers. All the other flavors together make an estimated 36.4%. All these stats belonged to high schoolers. On the other hand, middle schoolers followed an almost identical trend.
How many high schoolers smoke?
About 19.6% of high schoolers smoked during the year, while 4.7% of middle school students were found consuming e-cigarettes. These numbers contained 3 million high schoolers and half a million middle schoolers.
How much has the disposal of middle schools increased?
When you discuss middle schools, there has been an increase in the disposals by a solid amount of 400%.
