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"Well, you're smiling, so we can't really tell that you're angry

Hansmann R, Laurenti R, Mehdi T, Binder CR

The time has come to move from controlling tobacco to eliminating the industry entirely

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By Product - Modular e-cigarette segment was valued at USD 16.23 billion in 2024 By Distribution Channel - Offline segment accounted for the largest market revenue share in 2024 Market Size & Forecast Market Opportunities: USD 76.16 billion Market Future Opportunities: USD 58.75 billion CAGR from 2025 to 2030 : 21% Market Summary The e-cigarette and vape market is experiencing a significant transformation, driven by the consumer shift toward tobacco harm reduction and the search for a viable smoking cessation alternative