Download Sample, Pod Vapes Are Gaining Recognition as a Safer Alternative Among Teenagers?
Pod vapes are quite popular among college and high school students. According to a study released by the US Food and Drug Administration and the US Centers for Disease Control and Prevention (CDC), 2.55 Mn middle and high school students in the United States reported using pod vapes (e-cigarettes) in 2022, including 14.1% of high school students and 3.3% of middle school students. Over 85% of those young folks used flavored pod vapes (e-cigarettes), with more than half using disposable pod vapes (e-cigarettes). Aggressive marketing via social media platforms, as well as the introduction of fresh flavors like orange, mint, coffee, Bavarian cream, and cotton candy, have recently increased the popularity of pod vapes.
Consumers who want to stop smoking, on the other hand, are moving to pod vapes for their nicotine intake. As per recent research, pod vapes are less harmful than traditional cigarettes and contain fewer toxic compounds that can contribute to the development of cancer and other medical conditions. Growing public awareness of the harmful effects of smoking and people's changing lifestyles are also contributing to the expansion of the pod vapes market. Furthermore, governments in several developed countries are supporting the use of pod vapes for smokers in a bid to minimize the negative consequences of traditional cigarettes on both smokers and the surrounding environment.
Consumers who want to stop smoking, on the other hand, are moving to pod vapes for their nicotine intake. As per recent research, pod vapes are less harmful than traditional cigarettes and contain fewer toxic compounds that can contribute to the development of cancer and other medical conditions. Growing public awareness of the harmful effects of smoking and people's changing lifestyles are also contributing to the expansion of the pod vapes market. Furthermore, governments in several developed countries are supporting the use of pod vapes for smokers in a bid to minimize the negative consequences of traditional cigarettes on both smokers and the surrounding environment.
Pod Vape Market Soar as Marijuana Legalization and CBD Gains Momentum
Pod vape revenues are expected to increase significantly from marijuana and CBD legalization, which is gaining traction. Numerous researches have shown that marijuana and CBD have the ability to relieve pain, reduce depression and anxiety, alleviate cancer symptoms, manage and treat neurological diseases, and improve cardiovascular health. Increasing consumer awareness of the health advantages of CBD and marijuana is increasing demand for the legalization of both substances across the globe. While Canada became the second country in history to allow recreational cannabis use, an increasing number of states in the United States are decriminalizing medicinal marijuana usage. Nicotine salts are rapidly gaining traction in the pod vape industry, with manufacturers choosing to use them over e-liquids.
Increasing the nicotine dosage in standard vape juices has been associated with throat infections and diseases. Nicotine salts have emerged as a comparable safer option for providing higher levels of nicotine concentration while relieving throat sensation. Moreover, mixing nicotine salts with benzoic acid allows manufacturers to significantly reduce the size of pod vapes by lowering pH levels and the temperature necessary for vaporization. Manufacturers are leveraging on the benefits of nicotine salts to launch low-cost pod vapes, marketing them as a healthier alternative for smokers.
Increasing the nicotine dosage in standard vape juices has been associated with throat infections and diseases. Nicotine salts have emerged as a comparable safer option for providing higher levels of nicotine concentration while relieving throat sensation. Moreover, mixing nicotine salts with benzoic acid allows manufacturers to significantly reduce the size of pod vapes by lowering pH levels and the temperature necessary for vaporization. Manufacturers are leveraging on the benefits of nicotine salts to launch low-cost pod vapes, marketing them as a healthier alternative for smokers.
Recent Trends in the Pod Vapes Industry
- Increased demand for disposable pod vapes with diverse flavours.
- The rising popularity of refillable pod systems for customizable vaping experiences.
- Emergence of compact, sleek designs catering to on-the-go lifestyles.
- Adoption of child-resistant packaging and safety features to meet regulations.
- Innovation in pod designs to prevent leaks and enhance user experience.
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Novel Innovations in Pod Vapes Are Enhancing Market Growth
Bluetooth-enabled vapes are now available, allowing users to precisely track their consumption and smoking habits. Furthermore, the Bluetooth upgrade allows the vaper to lock the device. This way, if the device is lost or stolen, no one else can use it. Some people use this innovation to monitor and reduce their nicotine use, while others simply use it to gauge when it is time to refill the vape. For example, the SMOK I-PRIV 230W TC Box Mod is a vape device with advanced technology capability, including an AI-powered chipset capable of Voice Control System and compatible with twin batteries.
According to NCBI, there are 459 vape shops in the United States that use Yelp and Google application programming interfaces and 10,777 convenience stores that use industry estimate news channels to keep tabs on the market. Estimates of vaping product distribution channels in the United States are difficult to obtain, and when available, they focus mostly on products distributed through major vaping product companies and brands, rather than those more commonly sold in vape shops. As a result, these numbers likely overestimate distribution through convenience stores (30% of product sales), online sales (25%), and other mainstream channels rather than vape shops (20%). In recent years, "vape shops" have sprung up throughout the globe as both brick-and-mortar e-cigarette retail locations and a largely e-commerce-driven sector.
According to NCBI, there are 459 vape shops in the United States that use Yelp and Google application programming interfaces and 10,777 convenience stores that use industry estimate news channels to keep tabs on the market. Estimates of vaping product distribution channels in the United States are difficult to obtain, and when available, they focus mostly on products distributed through major vaping product companies and brands, rather than those more commonly sold in vape shops. As a result, these numbers likely overestimate distribution through convenience stores (30% of product sales), online sales (25%), and other mainstream channels rather than vape shops (20%). In recent years, "vape shops" have sprung up throughout the globe as both brick-and-mortar e-cigarette retail locations and a largely e-commerce-driven sector.
Concerns About Nicotine Addiction Hamper Market
Pod vapes have been linked to a variety of health conditions, including respiratory disorders, an increased risk of cancer, and frequent asthma attacks. Furthermore, recent studies indicate an increased susceptibility to addiction to other drugs after nicotine addiction, raising worries about the health impacts of pod vapes. Regulatory bodies all around the world are imposing strict regulations on pod vapes.
Nov. 15, 2022- Innokin, an industry veteran, is aiming to gain attention with their latest product, the Innobar C1, which is the first closed pod system to use water-based vaping technology. Oct. 18, 2022- VOOPOO officially released its latest Pod, ARGUS P1 on its website.
Imperial Brands PLC, Shenzhen Eleaf Electronics Co., Ltd., British American Tobacco, JUUL Labs, Inc., Nutrovape, Kinin, VapePod, NJOY, and Philip Morris Products S.A. are some of the prominent market players operating in the global pod vapes market.
Nov. 15, 2022- Innokin, an industry veteran, is aiming to gain attention with their latest product, the Innobar C1, which is the first closed pod system to use water-based vaping technology. Oct. 18, 2022- VOOPOO officially released its latest Pod, ARGUS P1 on its website.
Imperial Brands PLC, Shenzhen Eleaf Electronics Co., Ltd., British American Tobacco, JUUL Labs, Inc., Nutrovape, Kinin, VapePod, NJOY, and Philip Morris Products S.A. are some of the prominent market players operating in the global pod vapes market.
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High Consumer Spending Potential Drives Demand for Pod Vapes in Asia Pacific
The Asia-Pacific region has the largest number of smokers who are currently active globally, according to an article published by Taylor & Francis Group. Due to the region's significant population of smokers, Asia Pacific led the global pod vapes market in 2022. According to the World Bank Group, the prevalence of smoking is highest among men in East Asia and the Pacific (49 percent). Changing lifestyles and rising disposable income have propelled the Asia Pacific pod vape market, notably in China, Japan, and India.
The report provides a detailed overview of the pod vape market insights in regions including North America, Latin America, Europe, Asia-Pacific, Oceania, and the Middle East and Africa. The country-specific assessment for the pod vapes market has been offered for all regional market shares, along with forecasts, market scope estimates, price point assessment, and impact analysis of prominent countries and regions. Throughout this market research report, Y-o-Y growth and CAGR estimates are also incorporated for every country and region, to provide a detailed view of the pod vapes market. These Y-o-Y projections on regional and country-level markets brighten the political, economic, and business environment outlook, which are anticipated to have a substantial impact on the growth of the pod vapes market. Some key countries and regions included in the pod vape market report are as follows:
| North America | United States, Canada |
| Latin America | Brazil, Mexico, Argentina, Colombia, Chile, Central America Countries, Caribbean Countries, Rest of Latin America |
| Europe | Germany, United Kingdom, France, Italy, Spain, Russia, Poland, Netherlands, Switzerland, Belgium, Sweden, Austria, Norway, Denmark, Czech Republic, Rest of Europe |
| Asia Pacific | China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Singapore, Malaysia, Philippines, Vietnam, Thailand, Bangladesh, Rest of Asia Pacific |
| Middle East and Africa | GCC Countries, South Africa, Nigeria, Egypt, Turkey, Morocco, Ethiopia, Algeria, Israel, Iran, Iraq, Kenya, Rest of MEA |
Pod Vapes Market Research Report Covers In-depth Analysis on:
- Pod vapes market detailed segments and segment-wise market breakdown
- Pod vapes market dynamics (Recent industry trends, drivers, restraints, growth potential, opportunities in pod vapes industry)
- Current, historical, and forthcoming 10 years market valuation in terms of pod vapes market size (US$ Mn), volume (Units), share (%), Y-o-Y growth rate, CAGR (%) analysis
- Pod vapes market demand analysis
- Pod vape market pricing analysis over the forecast period (by key segment and by region)
- Pod vapes market regional insights with a region-wise market breakdown
- Competitive analysis – key companies profiling including their market share, product offerings, and competitive strategies.
- Latest developments and innovations in the pod vape market
- Regulatory landscape by key regions and key countries
- Supply chain and value chain analysis in the pod vapes market
- Pod vape market sales and distribution strategies
- A comprehensive overview of the parent market
- A detailed viewpoint on the pod vape market forecast by countries
- Mergers and acquisitions in the pod vapes market
- Essential information to enhance market position
- Robust research methodology
- Frequently Asked Questions -
What is the forecasted growth rate of the pod vapes market in the coming decade?
The pod vape market is expected to experience steady growth, driven by increasing consumer interest in vaping and rising demand for alternative nicotine delivery systems over the next decade.
Which regions are expected to dominate the pod vape market in the future?
Regions such as North America, Europe, and parts of Asia are expected to lead the pod vape market due to high consumer demand and favorable market conditions.
What factors are driving the growth of the pod vapes market?
Factors such as increasing health awareness, changing smoking habits, and technological advancements in vaping devices are driving the growth of the pod vapes market globally.
