Report ID: SQMIG30J2013
Vape Cartridge Market Size, Share, Growth Analysis, By Product(Plastic, Glass, Metal), By Distribution Channel(Online and Offline), By Region - Industry Forecast 2025-2032
Report ID:
SQMIG30J2013 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
61 |
Figures:
75
Vape Cartridge Market Regional Insights
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.
Asia Pacific is predicted to grow at the fastest rate in the market, with a CAGR of 26.2%. The use of e-cigarettes is being fueled by a surge in smokers in Japan, China, Malaysia, and the Philippines, where there are reportedly 13 million vapers. Consumers in South Korea and the Philippines also use these products. According to a study published in "Business Mirror," about 4% of Filipinos use e-cigarettes and vape cartridges on a regular or irregular basis.
Vape Cartridge Market Report Snapshots
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