GITNUX MARKETDATA REPORT 2024

Statistics About The Most Popular Vape

Statistics reveal that the most popular vape device among young adults is the Juul, accounting for over 70% of the market share.

In this post, we will explore the extensive market landscape and trends surrounding the most popular vape products in the industry. From the exponential growth in sales to the demographics of users and key statistics on vaping-related health issues, this comprehensive analysis sheds light on the rapid evolution and impact of vape culture in recent years.

Statistic 1

"Over 2,500 cases of lung injury associated with vaping were reported in the U.S. by February 2020.,"

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Statistic 2

"E-cigarette retail sales in the U.S. have grown from $1.5 billion in 2014 to over $5 billion in 2020.,"

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Statistic 3

"Vaping among young adults aged 18-24 saw an increase from 5.2% in 2018 to 7.6% in 2020.,"

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Statistic 4

"The number of vape shops in the U.S. has increased by approximately 22% from 2019 to 2021.,"

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Statistic 5

"Approximately 11% of high school students reported using vape products in the past month as of 2020.,"

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Statistic 6

"The UK reported that about 3.8 million people were using vape products as of 2019.,"

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Statistic 7

"The average price of a disposable vape in the U.S. is approximately $9.,"

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Statistic 8

"Over 46% of current vape users in the U.S. reported using vape products to quit smoking.,"

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Statistic 9

"The global e-cigarette and vape market size was valued at USD 12.41 billion in 2019 and is expected to reach USD 67.31 billion by 2027, growing at a CAGR of 23.8% from 2020 to 2027.,"

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Statistic 10

"In 2020, global online vape product sales amounted to approximately USD 2 billion.,"

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Statistic 11

"Women are about 20% less likely to vape than men.,"

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Statistic 12

"In the United States, the most popular vape brand among teenagers is JUUL, capturing over 60% of the market share.,"

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Statistic 13

"About 12% of vapers use their devices for substances other than nicotine, such as THC or CBD.,"

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Statistic 14

"Vape product advertising expenditure increased by 150% between 2015 and 2018.,"

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Statistic 15

"Canada has seen a 100% increase in vape sales from 2016 to 2019.,"

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Statistic 16

"The introduction of disposable e-cigarettes has led to a 400% increase in market sales in 2020 alone.,"

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Statistic 17

"By 2025, China is expected to dominate the global vape market with a growth rate of around 30%.,"

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Statistic 18

"Flavored vape products account for nearly 80% of sales in the vaping industry.,"

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Statistic 19

"The majority of vape users fall within the 18-34 age bracket.,"

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Statistic 20

"The most popular vape flavor among teenagers is fruit, accounting for approximately 35% of flavored vape product usage.,"

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In conclusion, the vaping industry has seen significant growth and popularity in recent years, with a surge in sales, market size, and user demographics. While vaping has experienced a boom in consumption, particularly among young adults and teenagers, there are concerning trends such as the rise in lung injuries and non-nicotine substance usage. The market continues to evolve rapidly, with new products like disposable e-cigarettes driving sales. The dominance of flavored vape products and the preference for certain brands highlight the marketing strategies at play. As regulations and public health concerns loom over the industry, it will be crucial to monitor its impact on users and address potential risks associated with vaping.

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