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Vape Cartridge Market 2025 Report by Global Size, Key Companies, Trends, Growth and Regional Forecasts

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Rahul Sharma
Vape Cartridge Market 2025 Report by Global Size, Key Companies, Trends, Growth and Regional Forecasts

The global vape cartridge market is estimated to reach USD 2.2 billion, by 2025, and is projected to grow at a CAGR of 21.4% from 2019 to 2025, according to a new report by Million Insights. Increasing consumer preference towards vape products as an option to tobacco is mainly contributing to market growth. Vape products do not contain ash and tar that are highly present in traditional cigarettes. Consumer can customize nicotine content by varying the power output and airflow of vape cartridge. All these key features are anticipated to drive the demand for the product.

 

The glass cartridge is projected to grow at a CAGR of over 22.8% over the forecasted period. Consumers prefer glass-based product over plastic products. Glass vape allows to adjust the level of nicotine and smoke. These key benefits are anticipated to boost the product demand in the next few years.

 

Request a Sample PDF Copy of This Report @ https://www.millioninsights.com/industry-reports/global-vape-cartridge-market/request-sample

 

Market Synopsis of Vape Cartridge Market:

 

In 2018, offline channel segment contributed to the revenue of over USD 447.9 million. Offline channel is comprised of hypermarkets and convenience stores. Hypermarkets offer these products with options such as try and buy the product and provide membership offers. Moreover, these add-on benefits with customer engagement activities are expected to spur the market growth.

 

Asia Pacific is projected to grow at the CAGR of over 26.2% during the forecasted period. High consumer spending on health products and high demand for the product from countries like Malaysia, South Korea, China, and Japan is boosting the vape cartridge market growth. Moreover, government policies regarding tobacco smoking are influencing the consumer to look for alternative options.

 

Major players in the market include HONEY, BRITE LABS, The Bloom Brand, Arbor Pacific Inc., Evolab; Airo Vapor, Orchid Essentials, and Cura CS. Major manufacturers in the market focus on strategic partnerships and mergers & acquisitions to enhance their reach across the globe. For instance, in 2019, CaniBrands have partnered with company called Sonder to expand its distribution network.

 

View Full Table of Contents of This Report @ https://www.millioninsights.com/industry-reports/global-vape-cartridge-market

 

Table of Contents:-

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Vape Cartridge: Market Variables, Trends & Scope              

Chapter 4 Vape Cartridge: Product Estimates & Trend Analysis

Chapter 5 Vape Cartridge: Application Estimates & Trend Analysis

Chapter 6 Vape Cartridge: End-use Estimates & Trend Analysis

Chapter 7 Vape Cartridge: Industrial End-use Estimates & Trend Analysis

Chapter 8 Vape Cartridge: Regional Estimates & Trend Analysis

Chapter 9 Competitive Landscape

Chapter 10 Vape Cartridge: Manufacturers Company Profiles

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