Forecast: Tobacco Consumption in the US

In 2023, the percentage of women aged 15-24 who are daily smokers stood at approximately 3.9%. The forecasted data from 2024 to 2028 shows a steady decline in this demographic, with values decreasing from 3.4% in 2024 to 1.4% in 2028. The year-on-year decline ranges from 0.5 percentage points to another 0.5 percentage points each subsequent year, highlighting a notable downward trend. The Compound Annual Growth Rate (CAGR) over these five years suggests an average annual decline of around 14.6%.

Future trends to watch out for include the impact of increased regulatory measures, the rise of vaping and alternative nicotine products, and shifting social norms which may continue to drive down traditional smoking rates among young women. Additionally, monitoring changes in public health campaigns and technological advancements in smoking cessation tools will be key to understanding future consumption patterns.

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