Middle East & Africa E-Cigarette And Vape Market Size & Outlook
The e-cigarette and vape market in Middle East & Africa is expected to reach a projected revenue of US$ 2,132.3 million by 2030. A compound annual growth rate of 20.1% is expected of Middle East & Africa e-cigarette and vape market from 2024 to 2030.
The MEA e-cigarette and vape market generated a revenue of USD 601.2 million in 2023.
The market is expected to grow at a CAGR of 20.1% from 2024 to 2030.
In terms of segment, modular devices was the largest revenue generating product in 2023.
Modular Devices is the most lucrative product segment registering the fastest growth during the forecast period.
MEA data book summary
Market revenue in 2023
USD 601.2 million
Market revenue in 2030
USD 2,132.3 million
Growth rate
20.1% (CAGR from 2024 to 2030)
Largest segment
Modular devices
Fastest growing segment
Modular Devices
Historical data covered
2018 - 2022
Base year for estimation
2023
Forecast period covered
2024 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Disposable, Rechargeable, Modular Devices
Key market players worldwide
Altria Group Inc, British American Tobacco, Imperial Brands PLC, Vapor Group Inc, Japan Tobacco Inc, Pax Global Technology Ltd, Philip Morris International Inc, Reynolds Consumer Products Inc Ordinary Shares, Shenzhen International Holdings Ltd
Other key industry trends
In terms of revenue, MEA region accounted for 2.1% of the global e-cigarette and vape market in 2023.
Globally, North America is projected to lead the regional market in terms of revenue in 2030.
Asia Pacific is the fastest growing regional market and is projected to reach USD 52,047.8 million by 2030.
MEA accounts for 7% of the total cigarette smokers in the world, thereby creating significant growth opportunities and demand for e-cigarette in the region. The growing awareness of health concerns to cigarette smoking is expected to encourage the adoption of ecigarette in the Middle East over the forecasted period.
Various countries such as Lesotho, Botswana, and Mozambique have e-cigarette regulations that are poised to stimulate the market growth. Although, the sale of e-cigarette is legal in Africa, the sale of e-liquids with nicotine is illegal and prohibited, thereby restraining the market growth.
Middle East & Africa E-cigarette And Vape Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to E-cigarette And Vape Market Outlook will help companies and investors design strategic landscapes.
Modular Devices was the largest segment with a revenue share of 63.96% in 2023.
Horizon Databook has segmented the Middle East & Africa e-cigarette and vape market based on disposable, rechargeable, modular devices covering the revenue growth of each sub-segment from 2018 to 2030.
MEA accounts for 7% of the total cigarette smokers in the world, thereby creating significant growth opportunities and demand for e-cigarette in the region. The growing awareness of health concerns to cigarette smoking is expected to encourage the adoption of ecigarette in the Middle East over the forecasted period.
Various countries such as Lesotho, Botswana, and Mozambique have e-cigarette regulations that are poised to stimulate the market growth. Although, the sale of e-cigarette is legal in Africa, the sale of e-liquids with nicotine is illegal and prohibited, thereby restraining the market growth.
Middle East & Africa E-Cigarette And Vape Market Product Outlook (Revenue, USD Million , 2018-2030)
Disposable
Rechargeable
Modular Devices
Middle East & Africa E-Cigarette And Vape Market Distribution Channel Outlook (Revenue, USD Million , 2018-2030)
Online
Retail Store
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa E-cigarette And Vape Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa E-cigarette And Vape Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
MEA e-cigarette and vape market statistics, by product, 2018-2030 (US$M)