How many people vape in the world?
There were 41 million vape users worldwide in 2018. One in every 20 Americans uses a vaping device on the regular. Most vapers are aged 18 to 29. 27.5% of US high school students used vaping products in 2019. There have been 2,807 hospitalized cases as a consequence of lung injury due to vaping.
What is the future of the vaping industry?
With an increasing shift away from conventional cigarettes towards tobacco alternatives, the vaping industry is projected to have a compound annual growth rate of 19.6% between 2018 and 2023. The result will mean a global projected market value of $45bn USD. But where is the growth coming from?
How many people vape in 2021?
Global vaping or e-cigarette use and sales have risen dramatically since 2011 and Euromonitor estimate that there are 55 million vapers in 2021 1. 1. Vaping is less harmful than smoking but it’s still not safe It is likely that vaping is less harmful than smoking but it is definitely not harmless.
Which states have the most people vaping?
Vaping tends to be more common in states that also have higher rates of tobacco smokers. 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 many people work in the vape industry?
approximately 166,007 AmericansThe 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.
How big is the vaping 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....Report AttributeDetailsMarket size value in 2021USD 7.43 billionRevenue forecast in 2028USD 40.25 billionGrowth RateCAGR of 27.3% from 2021 to 2028Base year of estimation20209 more rows
How much is the vape industry?
Revenue in the E-Cigarettes segment amounts to US$22.82bn in 2022. The market is expected to grow annually by 4.31% (CAGR 2022-2027).
How many vaping companies are there?
Other devices, such as those with fillable tanks, may look different. Regardless of their design and appearance, these devices generally operate in a similar manner and are made of similar components. More than 460 different e-cigarette brands are currently on the market.
What percentage of people vape?
Key findings. In 2018, 14.9% of adults had ever used an electronic cigarette (e-cigarette), and 3.2% were current e-cigarette users. The prevalence of adults who had ever used an e-cigarette and were current users was highest among men, non-Hispanic white adults, and those aged 18–24.
Are vape shops profitable 2022?
The answer is simple – the demand is increasing alongside the number of businesses in the industry. Many of the shops are enjoying average success, while some get the biggest slice of the cake. The average revenue of a vape shop can go around $26,000 with top earners making $39.000 per month.
What is the future of vape industry?
Receive the Sample Report of E-cigarette and Vape Market 2022 to 2030: The worldwide E-cigarette and Vape market is expected to grow at a booming CAGR of 2022-2030, rising from USD billion in 2021 to USD billion in 2030.
Where is vaping most popular?
Vaping is increasing 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 teenagers are vaping?
2022 Findings on Youth E-Cigarette Use 14.1% (2.14 million) of high school students and 3.3% (380,000) of middle school students reported current e-cigarette use.
Do more guys or girls vape?
The prevalence of e-cigarette use among male adolescents is consistently higher than among females [18]. This includes Global Youth Tobacco Survey data from Latin American countries, except in Chile (9.9% males and 13.7% female), where both smoking and e-cigarettes is higher among females [19].
Is vaping worse than smoking?
1: Vaping is less harmful than smoking, but it's still not safe. E-cigarettes heat nicotine (extracted from tobacco), flavorings and other chemicals to create an aerosol that you inhale. Regular tobacco cigarettes contain 7,000 chemicals, many of which are toxic.
How much money is spent on Vapes each year?
E-Cigarette Use Costs U.S. $15B Per Year, Reports UCSF in First Study of Its Kind. Use of electronic cigarettes costs the United States $15 billion annually in health care expenditures – more than $2,000 per person a year – according to a study by researchers at the UC San Francisco School of Nursing.
What is the future of vape industry?
Receive the Sample Report of E-cigarette and Vape Market 2022 to 2030: The worldwide E-cigarette and Vape market is expected to grow at a booming CAGR of 2022-2030, rising from USD billion in 2021 to USD billion in 2030.
How many people vape NZ?
E-cigarettes and Vaping The survey found: 26% of students reported vaping and 15% reported smoking cigarettes in the past week. Nearly 20% of students are vaping daily or several times a day. Over half of those vaping were vaping more frequently and at higher nicotine doses than last year.
How much money is spent on Vapes each year?
E-Cigarette Use Costs U.S. $15B Per Year, Reports UCSF in First Study of Its Kind. Use of electronic cigarettes costs the United States $15 billion annually in health care expenditures – more than $2,000 per person a year – according to a study by researchers at the UC San Francisco School of Nursing.
How much is the disposable vape industry worth?
The global e-cigarette and vape market was valued at US$18,103 million in 2021 and is estimated to grow at a compound annual growth rate (CAGR) of 25% during the forecast period. This can be attributed to the growing preference among smokers to adopt a safer tobacco alternative.
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 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.
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.
How old is the average Evali patient?
The median age of all hospitalized and deceased EVALI patients was 24 years. The youngest recorded patient was 13, and the oldest one was 85.
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).
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.
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.
Why do people vape?
The reason many consumers enjoy vaping is it offers a similar experience of inhaling and exhaling to get a nicotine fix. They’re also more aware of the ingredients and chemicals in both vaping and smoking. With e-liquids containing only four ingredients, including nicotine, there are significantly less than the 4000+ in cigarettes, many of which are carcinogenic. They’re also more receptive to the options vaping carries including different devices and flavours.
How much is Juul worth?
Juul alone is worth an estimated $16bn and currently carries just one device with the corresponding pods. There are thousands of manufacturers the world over catering to the increased demand for device type and e-liquid flavours.
Is vaping better than smoking?
The success rate of quitting with more conventional methods like patches or gum is significantly lower than that of vaping. A quit attempt with vaping has a 30% success rate, significantly higher than the 4-5% success rate when utilising other methods.
Is vaping a profitable business?
Vaping is a profitable business in western countries. The main reason for gaining popularity is the presence of different types of flavours. In Australia, nicotine is prohibited and non-nicotine vapes are available. This is an additional advantage of using vapes in this country. I want to start an online vapor shop in Sydney. With the help of wholesale vapor suppliers I am able to get the main ingredients for vapor liquids. From your article, I came to know about the point on how to enhance the quality of the product and how to increase the public interest in vaping.
What is Vaping?
Vaping products consist of small devices that are replenished with liquid. The same liquid is heated in the device and creates an aerosol, or vapor, hence the name. These products have various names, from steam to electronic cigarettes. They come in different shapes and tastes, which is why the number of users of these products increases every day.
Vaping Statistics: A Little Bit of History
Cigarettes have always been peoples’ favorite pastime. While some were mere users of tobacco smoke, others became addicted to nicotine and its impact on their bodies. However, history shows that people have been looking for an alternative to tobacco products for decades.
Vaping Demographic Stats
Vaping is a relatively new term, but it has quickly taken hold of people of all ages. Some found an alternative to smoking in electronic cigarettes, while others were just looking for a leisurely pastime.
Vaping Market Size Stats
The popularity of vaping products is growing. Consequently, e-liquids are slowly replacing classic tobacco products. Manufacturers of vaping products are increasingly advertising their products. In addition, you’ll find various studies claiming that e-liquids are basically healthier than tobacco.
Other Interesting Vaping Statistics
According to a study conducted in 2020, slightly more than half of the vapers (53%) prefer to use one device. Also, the same paper included testing on people using multiple devices. As many as 43% of correspondents stated they use several devices to switch between flavors.
Conclusion
Vaping has become particularly trendy over the past couple of years. People typically associate it with a way to quit smoking cigarettes. Depending on the source, you’ll get different feedback regarding e-liquids and their harmfulness/positive effects on the human body.
Which country owns the largest e-cigarette distribution network?
The United States owns the largest e-cigarette distribution network for sale. However, the new taxation rules on e-cigarettes among the states of the country are going to be potential threats for market growth during the forecast period.
Why are e-cigarettes so popular?
Most of the American population is considering e-cigarettes as a gateway to quitting smoking while some of the smoking population is shifting to an e-cigarette as an alternative to smoking. Moreover, as these products are being offered in nicotine and non-nicotine forms, many of the population is considering them to be a better alternative.
What is personalized vape?
Personalized vaporizers are the most recent innovation in the market manufactured by major players in the e-cigarette market. These advanced models provide the best user experience in vaping and cater to the needs of the most active and regular vapers.
What is an electronic cigarette?
Electronic cigarettes, which are an alternative to tobacco cigarettes, have been gaining popularity. E-cigarettes are sophisticated mechanical devices, designed to deliver the same highly addictive nicotine that is in tobacco cigarettes, without the other harmful effects of tobacco smoke.
How many people die from tobacco each year?
According to the World Health Organization tobacco kills more than 8 million people each year. More than 7 million of those deaths are the result of direct tobacco use while around 1.2 million are the result of non-smokers being exposed to second-hand smoke, which is a major reason for the adoption of e-cigarettes.
Is e-cigarettes popular in North America?
With the high-level of the popularity of e-cigarettes among youth population and the rapid expansion of vape shops throughout every state in the country, the penetration of e-cigarettes in North America is incredibly high.
Is the e-cigarette market competitive?
The United States E-cigarettes market is highly competitive o wing to the presence of many large players. The market appears to be consolidated owing to the fact that some of the players hold most of the share in the market. Key strategies adopted by the large players are product innovation and mergers and acquisitions.
How popular is vaping?
Global vaping or e-cigarette use and sales have risen dramatically since 2011 1.
Why do vaping statistics vary by country?
Vaping statistics vary by country due to the policies and controls in place by the various governments.
How many cigarettes are in a Juul pod?
The nicotine content of one JUUL pod is equivalent to one pack of cigarettes 6.
Why do people vape in the UK?
The most common reason for vaping in the UK is as an aid to quitting smoking (30%) 26. 77% of vapers use tanks rather than cartridge / JUUL 26. In 2020, e-cigarette use declined for the first time year on year 26. The most popular flavour vape juice is fruit (in 2015 it was tobacco) 3.
Why is vaping addictive?
Vaping is therefore addictive due to nicotine just like cigarettes. Given that addicts are capable of increasing the dose of nicotine content – it is likely to be even more so.
How many deaths from e-cigarette vaping in 2020?
As of 18 February 2020 there were almost 3,000 hospitalised cases or deaths due to EVALI in US 23 most of whom were under 35 years old.
How many chemicals are in vape juice?
A few quick facts. Vape liquid or juice contains up to 80 chemicals including nicotine, cancer-causing chemicals and toxic heavy metals such as nickel, tin and lead 7. In US more young people than adults vape 7 – Read more teen vaping statistics and facts.
When did e-cigarettes start?
E-cigarettes burst onto the scene in the 2010s and were quickly embraced by the public as a solution to the problem of smoking, even heralded by former Surgeon General Richard Carmona as having "very meaningful harm reduction potential" for adult smokers. Astonishingly, e-cigarette manufacturers were never required to demonstrate that their devices were safe, or even safer than combustible cigarettes — the idea that a product could be more health-harming than tobacco seemed so unfathomable as to be not worthy of serious consideration.
What is an e-cigarette?
E-cigarettes, rebranded as sleek "vaping devices" and designed to appeal to youth , attracted large numbers of children, adolescents, and young adults who were nonsmokers, and many became addicted to nicotine. While nicotine is the active ingredient in both combustible and electronic cigarettes, "vapes" can deliver a much higher dose much faster ...
Can you stop using e-cigarettes?
Studies have found that while smokers are often successful in switching to e-cigarettes, very few are able to stop using these products. This is predictable, because the higher dose of nicotine delivered by e-cigarettes can effectively surmount nicotine tolerance, satisfying the drive for a nicotine "buzz." Switching to e-cigarettes would only be harm-reducing if the products cause less health damage than traditional cigarettes. While combustible cigarette use is the leading preventable cause of death worldwide, the recent identification of a new disease called "e-cigarette or vaping associated lung injury" or EVALI, which has resulted in nearly 1,900 cases of severe lung disease and 37 deaths so far, calls into question whether e-cigarettes can clear even this extremely low bar.
Is it safe to use an e-cigarette?
Astonishingly, e-cigarette manufacture rs were never required to demonstrate that their devices were safe, or even safer than combustible cigarettes — the idea that a product could be more health-harming than tobacco seemed so unfathomable as to be not worthy of serious consideration.
Can vaping cause seizures?
Exposure to high doses of nicotine can also result in consequences not typically seen in people who get lower doses of nicotine from traditional tobacco products, such as difficulty with concentration and memory, and even seizures from nicotine toxicity. The news media has documented stories of teens whose lives were derailed due to problems caused by vaping.
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.
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%).
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. ...
