The global e-cigarette market generated $15.7 billion in 2019, and it is predicted to progress at a 9.2% CAGR between 2020 and 2030 (forecast period). The market is being propelled by the social acceptance and easy availability of electronic cigarettes. Additionally, the projection of these vaping devices as safer alternatives to traditional products is expected to fuel the expansion of the market.

The global e-cigarette market generated $15.7 billion in 2019, and it is predicted to progress at a 9.2% CAGR between 2020 and 2030 (forecast period). The market is being propelled by the social acceptance and easy availability of electronic cigarettes. Additionally, the projection of these vaping devices as safer alternatives to traditional products is expected to fuel the expansion of the market.