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U.S. Smart E-Cigarette Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2027

U.S. Smart E-Cigarette Market- (By Type – Without Screen and With Screen; and By Distribution Channel – Online and Offline) - Industry Dynamics, Market Size, Opportunity and Forecast to 2027

  • Published On: 10-Jan-2022  |   Format: pdfpowerpointexcel  |  Report ID: AA0122117
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U.S. Smart E-Cigarette Market

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Report AttributeDetails
Market Size Value in 2021US$ 364.7 Mn
Expected Revenue in 2027US$ 2,664.9 Mn
Historic Data2017-2020
Base Year2021
Forecast Period2022-2027
UnitValue (USD Mn)
Segments coveredBy Type, By Distribution Channel
Key CompaniesPax Labs, DaVinci Vaporizer, Illest Vapes, Joyetech Group, Xvape, Juul Labs, and other prominent players.
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The US smart e-cigarette market was valued at US$ 364.7 Mn in 2021.

US smart e-cigarette market is segmented into two broad categories namely – by type and by distribution channel.

The study period for the US smart e-cigarette market is 2014-2027.

E-cigarettes are a safer alternative than tobacco cigarettes. Therefore, the US smart e-cigarette market is projected to witness a jump in revenue from US$ 364.7 Mn in 2021 to US$ 2,664.9 by 2027, registering a CAGR of 39.3% during the forecast period.

Primary and secondary research was undertaken and further the PESTLE Analysis and Porter’s Five Forces Analysis were conducted to identify strengths, weaknesses, and potential threats.

The without screen segment is the leading product type segment in the market.

The offline channel segment dominated the US smart e-cigarette market with a 55% market share in 2021.

Smart e-cigarette are safer alternative than tobacco cigarette and increasing demand for flavored smart e-cigarettes are some major factors driving the market growth in the US.  

Strict government regulations is a major roadblock in the growth of the market in the US smart e-cigarette market.

The key players in the US smart e-cigarette market are Pax Labs, DaVinci Vaporizer, Joyetech Group, Juul labs, Storz & Bickel, RELX, Reynolds American Inc. (RJRVC), VANDY VAPE and Japan Tobacco Inc. among others.

COVID-19 positively impacted the smart e-cigarette market in the US region during the pandemic. According to the Centers for Disease Control and Prevention (CDC) data, from February 2020 to March 2021, total e-cigarette sales increased by nearly 50%.