The E-liquid market is expected to register a CAGR of around 15% over the forecast period of 2023-2030. The global E-liquid can be attributed to the increased utilization of e-liquids in Electronic Nicotine Delivery Systems (ENDS), which are considered a safer alternative to tobacco-based cigarettes, which is primarily driving the global e-liquid market. E-liquid is displacing traditional methods of smoking by providing vaping and e-cigarettes. Growing health concerns among the geriatric population are other factors driving the market growth.