

E-cigarettes are sometimes called “e-cigs,” “vapes,” “e-hookahs,” “vape pens,” and “electronic nicotine delivery systems (ENDS).” Some e-cigarettes look like regular cigarettes, cigars, or pipes. Some look like USB flash drives, pens, and other everyday items.
The global Vape Pens market was valued at US$ 2046 million in 2023 and is anticipated to reach US$ 2652.6 million by 2030, witnessing a CAGR of 3.7% during the forecast period 2024-2030.
The industry is non-uniformly regulated as effects of the devices are under review. Large tobacco companies have flourished by introducing these devices through various brands that cater to different requirements, thereby enhancing quality and level of customization of the products.
This report aims to provide a comprehensive presentation of the global market for Vape Pens, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Vape Pens.
Report Scope
The Vape Pens market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Vape Pens market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Vape Pens manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Altria Group, Inc.
British American Tobacco
Imperial Brands
International Vapor Group
Japan Tobacco
International
NicQuid
Philip Morris International Inc.
R.J. Reynolds Vapor Company
Shenzhen IVPS Technology Co., Ltd.
Shenzhen KangerTech Technology Co., Ltd.
Segment by Type
By Product
Disposable
Rechargeable
Modular Devices
By Component
Atomizer
Method of Delivery (MOD)
Cartomizer
E-liquid
Segment by Application
Online
Offline
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Vape Pens manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Vape Pens in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 9: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Vape Pens Market Overview
1.1 Product Overview and Scope of Vape Pens
1.2 Vape Pens Segment By Product
1.2.1 Global Vape Pens Market Value Comparison By Product (2024-2030)
1.2.2 Disposable
1.2.3 Rechargeable
1.2.4 Modular Devices
1.3 Vape Pens Segment by Application
1.3.1 Global Vape Pens Market Value by Application: (2024-2030)
1.3.2 Online
1.3.3 Offline
1.4 Global Vape Pens Market Size Estimates and Forecasts
1.4.1 Global Vape Pens Revenue 2019-2030
1.4.2 Global Vape Pens Sales 2019-2030
1.4.3 Global Vape Pens Market Average Price (2019-2030)
1.5 Assumptions and Limitations
2 Vape Pens Market Competition by Manufacturers
2.1 Global Vape Pens Sales Market Share by Manufacturers (2019-2024)
2.2 Global Vape Pens Revenue Market Share by Manufacturers (2019-2024)
2.3 Global Vape Pens Average Price by Manufacturers (2019-2024)
2.4 Global Vape Pens Industry Ranking 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Vape Pens, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Vape Pens, Product Type & Application
2.7 Vape Pens Market Competitive Situation and Trends
2.7.1 Vape Pens Market Concentration Rate
2.7.2 The Global Top 5 and Top 10 Largest Vape Pens Players Market Share by Revenue
2.7.3 Global Vape Pens Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.8 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Vape Pens Retrospective Market Scenario by Region
3.1 Global Vape Pens Market Size by Region: 2019 Versus 2023 Versus 2030
3.2 Global Vape Pens Global Vape Pens Sales by Region: 2019-2030
3.2.1 Global Vape Pens Sales by Region: 2019-2024
3.2.2 Global Vape Pens Sales by Region: 2025-2030
3.3 Global Vape Pens Global Vape Pens Revenue by Region: 2019-2030
3.3.1 Global Vape Pens Revenue by Region: 2019-2024
3.3.2 Global Vape Pens Revenue by Region: 2025-2030
3.4 North America Vape Pens Market Facts & Figures by Country
3.4.1 North America Vape Pens Market Size by Country: 2019 VS 2023 VS 2030
3.4.2 North America Vape Pens Sales by Country (2019-2030)
3.4.3 North America Vape Pens Revenue by Country (2019-2030)
3.4.4 U.S.
3.4.5 Canada
3.5 Europe Vape Pens Market Facts & Figures by Country
3.5.1 Europe Vape Pens Market Size by Country: 2019 VS 2023 VS 2030
3.5.2 Europe Vape Pens Sales by Country (2019-2030)
3.5.3 Europe Vape Pens Revenue by Country (2019-2030)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific Vape Pens Market Facts & Figures by Country
3.6.1 Asia Pacific Vape Pens Market Size by Country: 2019 VS 2023 VS 2030
3.6.2 Asia Pacific Vape Pens Sales by Country (2019-2030)
3.6.3 Asia Pacific Vape Pens Revenue by Country (2019-2030)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.6.13 Philippines
3.7 Latin America Vape Pens Market Facts & Figures by Country
3.7.1 Latin America Vape Pens Market Size by Country: 2019 VS 2023 VS 2030
3.7.2 Latin America Vape Pens Sales by Country (2019-2030)
3.7.3 Latin America Vape Pens Revenue by Country (2019-2030)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Vape Pens Market Facts & Figures by Country
3.8.1 Middle East and Africa Vape Pens Market Size by Country: 2019 VS 2023 VS 2030
3.8.2 Middle East and Africa Vape Pens Sales by Country (2019-2030)
3.8.3 Middle East and Africa Vape Pens Revenue by Country (2019-2030)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 U.A.E
4 Segment by Type
4.1 Global Vape Pens Sales by Type (2019-2030)
4.1.1 Global Vape Pens Sales by Type (2019-2024)
4.1.2 Global Vape Pens Sales by Type (2025-2030)
4.1.3 Global Vape Pens Sales Market Share by Type (2019-2030)
4.2 Global Vape Pens Revenue by Type (2019-2030)
4.2.1 Global Vape Pens Revenue by Type (2019-2024)
4.2.2 Global Vape Pens Revenue by Type (2025-2030)
4.2.3 Global Vape Pens Revenue Market Share by Type (2019-2030)
4.3 Global Vape Pens Price by Type (2019-2030)
5 Segment by Application
5.1 Global Vape Pens Sales by Application (2019-2030)
5.1.1 Global Vape Pens Sales by Application (2019-2024)
5.1.2 Global Vape Pens Sales by Application (2025-2030)
5.1.3 Global Vape Pens Sales Market Share by Application (2019-2030)
5.2 Global Vape Pens Revenue by Application (2019-2030)
5.2.1 Global Vape Pens Revenue by Application (2019-2024)
5.2.2 Global Vape Pens Revenue by Application (2025-2030)
5.2.3 Global Vape Pens Revenue Market Share by Application (2019-2030)
5.3 Global Vape Pens Price by Application (2019-2030)
6 Key Companies Profiled
6.1 Altria Group, Inc.
6.1.1 Altria Group, Inc. Corporation Information
6.1.2 Altria Group, Inc. Description and Business Overview
6.1.3 Altria Group, Inc. Vape Pens Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Altria Group, Inc. Vape Pens Product Portfolio
6.1.5 Altria Group, Inc. Recent Developments/Updates
6.2 British American Tobacco
6.2.1 British American Tobacco Corporation Information
6.2.2 British American Tobacco Description and Business Overview
6.2.3 British American Tobacco Vape Pens Sales, Revenue and Gross Margin (2019-2024)
6.2.4 British American Tobacco Vape Pens Product Portfolio
6.2.5 British American Tobacco Recent Developments/Updates
6.3 Imperial Brands
6.3.1 Imperial Brands Corporation Information
6.3.2 Imperial Brands Description and Business Overview
6.3.3 Imperial Brands Vape Pens Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Imperial Brands Vape Pens Product Portfolio
6.3.5 Imperial Brands Recent Developments/Updates
6.4 International Vapor Group
6.4.1 International Vapor Group Corporation Information
6.4.2 International Vapor Group Description and Business Overview
6.4.3 International Vapor Group Vape Pens Sales, Revenue and Gross Margin (2019-2024)
6.4.4 International Vapor Group Vape Pens Product Portfolio
6.4.5 International Vapor Group Recent Developments/Updates
6.5 Japan Tobacco
6.5.1 Japan Tobacco Corporation Information
6.5.2 Japan Tobacco Description and Business Overview
6.5.3 Japan Tobacco Vape Pens Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Japan Tobacco Vape Pens Product Portfolio
6.5.5 Japan Tobacco Recent Developments/Updates
6.6 International
6.6.1 International Corporation Information
6.6.2 International Description and Business Overview
6.6.3 International Vape Pens Sales, Revenue and Gross Margin (2019-2024)
6.6.4 International Vape Pens Product Portfolio
6.6.5 International Recent Developments/Updates
6.7 NicQuid
6.6.1 NicQuid Corporation Information
6.6.2 NicQuid Description and Business Overview
6.6.3 NicQuid Vape Pens Sales, Revenue and Gross Margin (2019-2024)
6.4.4 NicQuid Vape Pens Product Portfolio
6.7.5 NicQuid Recent Developments/Updates
6.8 Philip Morris International Inc.
6.8.1 Philip Morris International Inc. Corporation Information
6.8.2 Philip Morris International Inc. Description and Business Overview
6.8.3 Philip Morris International Inc. Vape Pens Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Philip Morris International Inc. Vape Pens Product Portfolio
6.8.5 Philip Morris International Inc. Recent Developments/Updates
6.9 R.J. Reynolds Vapor Company
6.9.1 R.J. Reynolds Vapor Company Corporation Information
6.9.2 R.J. Reynolds Vapor Company Description and Business Overview
6.9.3 R.J. Reynolds Vapor Company Vape Pens Sales, Revenue and Gross Margin (2019-2024)
6.9.4 R.J. Reynolds Vapor Company Vape Pens Product Portfolio
6.9.5 R.J. Reynolds Vapor Company Recent Developments/Updates
6.10 Shenzhen IVPS Technology Co., Ltd.
6.10.1 Shenzhen IVPS Technology Co., Ltd. Corporation Information
6.10.2 Shenzhen IVPS Technology Co., Ltd. Description and Business Overview
6.10.3 Shenzhen IVPS Technology Co., Ltd. Vape Pens Sales, Revenue and Gross Margin (2019-2024)
6.10.4 Shenzhen IVPS Technology Co., Ltd. Vape Pens Product Portfolio
6.10.5 Shenzhen IVPS Technology Co., Ltd. Recent Developments/Updates
6.11 Shenzhen KangerTech Technology Co., Ltd.
6.11.1 Shenzhen KangerTech Technology Co., Ltd. Corporation Information
6.11.2 Shenzhen KangerTech Technology Co., Ltd. Vape Pens Description and Business Overview
6.11.3 Shenzhen KangerTech Technology Co., Ltd. Vape Pens Sales, Revenue and Gross Margin (2019-2024)
6.11.4 Shenzhen KangerTech Technology Co., Ltd. Vape Pens Product Portfolio
6.11.5 Shenzhen KangerTech Technology Co., Ltd. Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Vape Pens Industry Chain Analysis
7.2 Vape Pens Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Vape Pens Production Mode & Process
7.4 Vape Pens Sales and Marketing
7.4.1 Vape Pens Sales Channels
7.4.2 Vape Pens Distributors
7.5 Vape Pens Customers
8 Vape Pens Market Dynamics
8.1 Vape Pens Industry Trends
8.2 Vape Pens Market Drivers
8.3 Vape Pens Market Challenges
8.4 Vape Pens Market Restraints
9 Research Finding and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer
Altria Group, Inc.
British American Tobacco
Imperial Brands
International Vapor Group
Japan Tobacco
International
NicQuid
Philip Morris International Inc.
R.J. Reynolds Vapor Company
Shenzhen IVPS Technology Co., Ltd.
Shenzhen KangerTech Technology Co., Ltd.
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*If Applicable.