The Global and U.S. Vaping Industry in 2025: Growth, Challenges, and Opportunities
In 2025, the vaping industry continues to experience impressive growth both globally and in the United States. According to Grand View Research, the global e-cigarette and vape market was valued at $22.45 billion in 2022 and is projected to reach $182.84 billion by 2030, with a compound annual growth rate (CAGR) of 30.6%.