Blog entry by Saul Galvan
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These elements, compounded by public well being scrutiny over youth entry and chemical exposures, pressure profitability, with owners reporting adaptations like diversification into compliant accessories amid declining margins from core merchandise. In the United States, the largest market, roughly 10,591 vape store retailers operated in 2024, reflecting an 18.3% increase from 2022 amid fluctuating federal oversight from the FDA, which has prioritized cracking down on non-compliant merchandise while bodily stores adapt by means of diversification into compliant hardware.
Competition from an illicit market, estimated to comprise as much as 98% of U.