Smokeless Cigarettes Industry Valued at USD 38.02 Billion in 2024, Poised for Rapid Growth

Straits Research, a leading provider of business intelligence, is pleased to announce the release of its latest report on the global smokeless cigarettes market. The report provides comprehensive insights into the market size, growth projections, key players, and emerging trends. Market Insights The global smokeless cigarettes market was valued at USD 38.02 billion in 2024 and is projected to grow significantly, reaching USD 44.21 billion in 2025 and an impressive USD 147.65 billion by 2033. This growth represents a compound annual growth rate (CAGR) of 16.27% during the forecast period from 2025 to 2033. Market Definition and Latest Trends Smokeless cigarettes, also known as electronic cigarettes or e-cigarettes, are devices that deliver nicotine without the combustion of tobacco. These devices are designed to provide a similar experience to traditional smoking but with reduced health risks. The market for smokeless cigarettes is driven by increasing awareness of the health...