Report ID: SQMIG30J2017
Report ID:
SQMIG30J2017 |
Region:
Global |
Published Date: July, 2024
Pages:
157
|
Tables:
88 |
Figures:
79
Disposable E-Cigarettes Market size was valued at USD 0 Billion in 2023 and is poised to grow from USD 0 Billion in 2024 to USD 0 Billion by 2032, growing at a CAGR of 11.2% during the forecast period (2025-2032).
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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Report ID: SQMIG30J2017