" " How Many Vape Shops Are In The Us?

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how many vape shops are in the us?

by Prof. Loyal Fahey Published 2 years ago Updated 1 year ago
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We estimated the prevalence of vape shops in the USA, with a total of 9945 vape shops as of December 2015.

How many people smoke cigars in the US?

Vape shops in the US have emerged in large cities, and additionally in smaller metropolitan places. In 2014, the Smoke-Free Alternatives Trade Association estimated that there were 35,000 vape shops in the US, more than triple the number a year earlier.

What percentage of Americans vape?

Feb 10, 2016 · To get a better sense of vaping’s growth, Quartz turned to Yelp. The business ratings site provided the locations of 10,591 stores that …

How many have died from vaping?

Jun 07, 2018 · About 40 million US adults smoke cigarettes. Statistics show, at least one tobacco product, including e-cigarettes is being used by around 4.7 million middle and high school students. The percentage of British e-cig users, for example, has increased since 2012 and reached 60% by 2016.. The electronic vapor cigarettes started a worldwide phenomenon. E …

How many puffs on a vape equals one cigarette?

Apr 14, 2022 · Here is where the location of the desired area can be entered. Enter the name of a city or zip code. Markers indicating the location of vape shops will be displayed on the map of the chosen area. Clicking on the marker will show detailed information about the vape store, such as the address, phone number, etc. The stores are also listed beneath ...

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How big is the US vape market?

The United States e-cigarette and vape market attained a value of around USD 12.8 billion in 2020. The industry is further expected to grow in the forecast period of 2022-2027 at a CAGR of nearly 25% to reach approximately USD 48.9 billion by 2026.
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Competitive Landscape.
REPORT FEATURESDETAILS
Forecast Period2022-2027
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How many vaping companies are there?

More than 460 different e-cigarette brands are currently on the market.Jan 8, 2020

How much is the vaping industry worth 2020?

The Global Vape Market to Reach Revenues of Over $60 Billion During the Period 2020 −2025 - Market Research by Arizton.Feb 26, 2020

How many Vapes are sold a year 2020?

From February 2020 to March 2021, total e-cigarette sales increased by nearly 50% (from 14.8 million units to 22 million units). Sales of flavored e-cigarettes increased by 64%.Jun 7, 2021

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 profitable is the vaping industry?

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.
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Report AttributeDetails
Market size value in 2022USD 22.46 billion
Revenue forecast in 2030USD 182.84 billion
Growth rateCAGR of 30.0% from 2022 to 2030
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Is the vaping industry growing?

Report Overview. The U.S. e-cigarette & vape market size was valued at USD 6.09 billion in 2020. It is expected to expand at a compound annual growth rate (CAGR) of 27.3% from 2021 to 2028. The market growth can be attributed to the increasing awareness of safer tobacco alternatives.

What are the statistics on vaping?

In 2020 MTF found that 18% of 8th, 10th, and 12th graders reported vaping nicotine in the past 30 days, flat from 18.1% in 2019. The percent of 8th, 10th, and 12th graders using JUUL dropped from 15.8% in 2019 to 10.4% in 2020.

What company sells the most Vapes?

Juul
Vaping market share in the United States in 2020, by brand

Juul accounted for 63 percent of all U.S. nicotine vaping sales in 2020, making it the largest nicotine vaping brand in the United States by far. Accounting for about a quarter of that year's dollar sales, Vuse stood in second place.

How many people use vape 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).

Who is the largest vape company?

JUUL
In the US the rise of JUUL was even more marked, with the company gaining share from both independent e-cigarette companies, and tobacco companies. By 2019, Juul held over 50% of the US market.Mar 4, 2022

How big is the U.S. e-cigarette & vape market?

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. Read More

What is the U.S. e-cigarette & vape market growth?

The U.S. e-cigarette & vape market is expected to grow at a compound annual growth rate of 27.3% from 2021 to 2028 to reach USD 40.2 billion by 202...

Which segment accounted for the largest U.S. e-cigarette & vape market share?

The rechargeable segment dominated the U.S. e-cigarette & vape market with a share of 45.4% in 2020. This is attributable to the low costs of recha...

Who are the key players in the U.S. e-cigarette & vape market?

Some key players operating in the U.S. e-cigarette & vape market include British American Tobacco; International Vapor Group; NicQuid; Altria Group...

What are the factors driving the U.S. e-cigarette & vape market?

Key factors that are driving the market growth include technological advances in e-cigarettes and growing awareness for safer tobacco alternatives....

What is the market for vaping in 2020?

North America dominated the global market with a share of over 40% in 2020. The extensive presence of major industry players such as R.J. Reynolds Vapor Company; Philip Morris International Inc.; and JUUL Labs, Inc. is anticipated to drive the regional market growth. Social media platforms are being used extensively for selling e-cigarettes and vaping products. The young population has largely adopted vaping devices as a safe alternative to tobacco, which, in turn, is estimated to boost the adoption of these products. However, the current ban on some e-cigarette flavors including fruit and mint flavors in the U.S. to restrict underage vaping in the country is expected to hamper the growth of the market in the region to a certain extent.

Where are e-cigarettes imported from?

Given that most of the e-cigarettes are imported from other countries such as China, customers find it convenient to purchase e-cigarettes in bulk quantities via online platforms, which is anticipated to drive the Asia Pacific regional market growth. The Europe market is anticipated to register considerable growth over the forecast period. The health bodies in the region are providing acceptance to e-cigarette and vape from vendors such as British American Tobacco Plc’s Vype and Imperial Brands Plc’s Blu in the region as it is a better alternative to tobacco smoking is anticipated to drive the market growth in Europe.

What is the purpose of Juul Labs marketing campaign?

embarked upon a marketing campaign in January 2019 to educate adult smokers about the ill effects associated with traditional combustible cigarettes and encouraged them to avoid the same and switch to e-cigarettes and vape devices. Such marketing initiatives are anticipated to drive market growth over the forecast period.

What are the flavors of e-cigarettes?

Additionally, various types of flavors such as menthol, tobacco, fruits and nuts, and chocolate are available in the market, which is attracting a large number of customers. These flavors emit aromas when used in an e-cigarette or a vape device. Additionally, the increasing cost-effectiveness of these devices has further enhanced customer adoption and is expected to drive market growth over the forecast period.

What is a Vype iSwitch Maxx?

For instance, in December 2018, British American Tobacco launched two new e-cigarettes called Vype iSwitch Maxx and Vype iSwitch in five of BAT’s VIP stores in London. These new products are powered by distiller plate technology to heat e-liquid.

What is the market share of rechargeable devices in 2020?

The rechargeable segment accounted for the highest market share of over 40% in 2020. The adoption of rechargeable devices is expected to increase as they tend to be affordable in the long run and eliminate the need to re-purchase supplies such as cartridges. Furthermore, customers making DIY e-liquids need not purchase pre-filled cartridges. Rechargeable devices can be used for a longer duration by switching the cartridges containing e-liquid. Moreover, seasoned vapers particularly find it economical to purchase rechargeable e-cigarettes and vapes, which is expected to increase their adoption.

What is the market share of e-cigarettes in 2020?

The retail store segment accounted for the highest market share of over 80% in 2020. E-cigarettes were initially sold in retail outlets such as vape shops and gas stations. These stores helped users to choose from a wide variety of devices and e-liquids. Moreover, vape shops enabled users to try and test these devices before making ...

What is electronic vape?

Electronic cigarettes and vape mods, which are an alternative to tobacco products, have been gaining popularity . These sophisticated mechanical devices are designed to deliver the same addictive nicotine, which is in tobacco cigarettes, without the harmful effects of tobacco smoke.

Why are vape mods and e-cigarettes so popular?

E-cigarettes and vape mods usage are rapidly increasing because these devices don’t include any tobacco. Most of the U.S. population is considering these devices as a gateway for quitting smoking. Some of the population is shifting to an e-cigarette and vape mod as an alternative to smoking.

What is rechargeable cigarette?

A rechargeable cigarette is a battery-powered vaping device, which can be reused and refilled. These devices also have interchangeable cartridges, due to which users can try a wider variety of flavors. The modular devices segment is anticipated to register the highest growth over the forecast period.

What is the vape mod segment?

The vape mod segment dominated the market and accounted for more than a 51.0% share of the global revenue in 2020. Increasing demand for customized mods is expected to propel the segment growth over the forecast period. With these mods, customers can automatically control temperature levels. With this flexibility, users can control things, such as temperature, power, as well as vapor production.

What is the retail store segment?

The retail store segment led the market and accounted for more than 84.0% share of the global revenue in 2020. Retail stores allow customers to try out numerous e-liquid flavors and check the various kinds of vaporizers available in the market. Users choose to visit these retail stores to make these purchases. This, as a result, the popularity of retail stores is increasing across several states of the U.S.

What is the e-liquid segment?

The e-liquids are easily available in numerous flavors such as menthol, chocolate, fruit and nuts, and tobacco, which is expected to encourage the usage of e-liquids. Moreover, the availability of e-liquids with a low level of toxicants is further expected to propel the segment growth. E-liquids offer a price benefit over tobacco products and are available in several price ranges, thereby improving the affordability of these e-liquids.

Is vaping safer than smoking?

Numerous studies conducted by medical association states that e-cigarettes and vape mods are safer than traditional cigarettes. Also, the market growth is being characterized by the increasing awareness among the young population. Moreover, vendors' focus on customizing options as well as continuous development in the new products is expected to fuel the market growth over the forecast period. Furthermore, the cost-efficiency of these devices has also increased customer acceptance.

Which state has the most vape stores?

The Yelp data show that western states are the center of of the vape business. Nevada has by far the most vape stores per capita, with 6.7 for every 100,000 residents. The vast majority of these are in Las Vegas, which frequently hosts vaping trade shows and conferences, such as Vapefest 2016. Hawaii is the only other state with more than six stores per 100,000 residents. Oklahoma, Florida and California round out the top five states.

Why are vape stores so small?

One probable reason for the smaller numbers of vape stores in some places is the passage of state laws regulating them. Four of the states with the fewest vape stores require a license for over-the-counter sales of e-cigarettes—Arkansas, Indiana, Iowa, and Wisconsin. None of the states with highest concentrations of vape stores have such a law. (pdf)

Does Nevada tax e-cigarettes?

Correction (7:40am ET): This article previously reported that Nevada had passed a tax on e-cigarettes. However, that law was revised to exempt e-cigarettes before it was passed.

Is vaping a regulated business?

Reliable data about anything related to vaping are very difficult to come by. Unlike tobacco products, e-cigarettes are almost completely unregulated, so few federal agencies collect information about them. Vape shops aren’t even a recognized category in the business classification codes used by the US Census Bureau.

How many people started vaping in 2014?

An even more revealing statistics from the Reuters poll is that 70% of new American users started vaping in 2014. There is no denying then that e-cigarettes are steadily growing in popularity, as more people are becoming vapers every year. North and South of the border, vaping statistics for the same years, between 2013-2015 show ...

How many people smoke cigarettes in the US?

About 40 million US adults smoke cigarettes. Statistics show, at least one tobacco product, including e-cigarettes is being used by around 4.7 million middle and high school students. The percentage of British e-cig users, for example, has increased since 2012 and reached 60% by 2016.

Why is vaping out of the market in Asia?

A combination of government regulation and intense lobbying from Big Tobacco has been what has effectively shut e-cigarettes out of the Asian market. These two obstacles are what ultimately make it difficult to surmise just how many people are vaping in Asia.

Where is vaping banned?

Heavy restrictions on vaping exist in countries like Thailand, and on the Australian continent. These bans have not stopped people from vaping, though. As with any behavior that becomes illegal, vapers have gone underground, which is not necessarily a good thing.

How much did the EU use e-cigarettes in 2014?

Ever use of e-cigarettes by EU citizens increased from 7.2% in 2012 to 11.6% in 2014. Strangely enough, increased use of e-cigarettes is not translating to a change in the perception of e-cigarettes, at least a positive impression.

Is vaping a worldwide phenomenon?

The electronic vapor cigarettes started a worldwide phenomenon. E-cigarette use, known as vaping, increases every day around the globe. Even still, reliable vaping statistics are scarce.

Which country has the biggest tobacco market?

China also represents the world’s biggest tobacco market. Despite the connection e-cigarettes have with the most populous continent in the world, Pacific Rim nations like Indonesia, Malaysia, and Vietnam have out-and-out banned vaping products. Singapore enacted a full-fledged ban on the sale, use, even possession of any ...

How to find vape store information?

Clicking on the marker will show detailed information about the vape store, such as the address, phone number, etc. The stores are also listed beneath the map. Some smoke shops near me appear on the listing too. Check details for more precise information on assortment.

How to tell if a vape store is worth the time?

Another way to tell if a vape store is worth the time is to read reviews online about customer service experiences. The internet is full of reviews posted. Take these reviews with a grain of salt, however.

What is a vape store locator?

The vape store locator provides on-the-go directions whether the vaper is traveling by foot, car, or public transportation. The map shows where to turn and when the user will get to the vape store.

What does it mean to keep up with vaping?

Keeping up with developments in the vaping industry means replenishing stock with the latest vaping technology , including trending vapes, pod mods, liquids, and starter kits.

When did head shops start?

Head shops first opened in the 1960s and specialized in selling marijuana products and accessories like bongs and bowls. Such stores are more likely to be found in states where the sale and consumption of marijuana are legal. These stores often sell vaporizers for dry herbs, wax pens, and other kinds of vaping products.

Is the store's wide array of nicotine products a good benefit?

Finally, the store’s wide array of nicotine products is a good benefit.

Does a smoke shop sell tobacco?

However, just because a store specializes in tobacco does not mean that it only sells tobacco products. A lot of smoke shops try to keep up with the latest trends by selling nicotine vape products.

Which state has the highest vaping rate?

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.

How much money does Ohio allocate to vaping?

In part in response to rising rates of youth e-cigarette use, the Ohio Department of Health announced it would allocate $4 million for initiatives to curb vaping. Health experts and anti-smoking advocates say the rapid rise in youth vaping is a public health emergency.

How many people in Tennessee smoke in 2017?

About 1 in 5 adults and 1 in 10 high schoolers in Tennessee smoked in 2017, and public health experts have warned the rise in youth vaping could lead to young people taking up traditional cigarettes. Last year, the state health department issued an advisory about the potential risks associated with vaping nicotine.

Is e-cigarette use inconsistent?

Data collection on e-cigarette use has been inconsistent, so the most comparable and complete figures across states are from 2017, just as JUUL Labs began to dominate the market and about two years before policymakers significantly ramped up efforts to curb youth vaping.

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