Comparing eSIM to physical SIM in terms of usage is like comparing a physical banking token to an app-based token.
A physical SIM allows you to transfer between phones without issues, whereas eSIM depends on the telco. You may be subjected to a fee to reissue a new eSIM on your device.
For iPhone users, due to design and dual SIM requirements, they often have no choice but to opt for a second SIM card as an eSIM. So, if you're an iPhone user requiring dual lines, you may not have the choice to choose. (I'm aware that there are HK sets which accept dual physical SIM cards.)