U.S. E-cigarette & Vape Market Expected To Grow With USD 69.53 Billion By 2030
San Francisco, 21 June 2024: The Report U.S. E-cigarette & Vape Market Size, Share & Trends Analysis Report By Product (Disposable, Rechargeable), By Distribution Channel (Online, Retail Store), And Segment Forecasts, 2023 - 2030 The U.S. e-cigarette & vape market size is expected to reach USD 69.53 billion by 2030, expanding at a CAGR of 29.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. Various factors, such as the rapid growth of vape shops in the U.S. and the increasing popularity of e-cigarettes among the youth population, is expected to drive the market growth over the forecast period. E-cigarettes and vape mods are being increasingly used by users as a substitute for smoking traditional cigarettes. Due to the increasing health concern over the usage of conventional tobacco cigarettes, the market is expected to witness significant growth. The U.S. owns the widest e-cigarette and vape mod distribution network for sale. However, the ne