The electronic cigarette Market is expected to be around US$ 19.97 Billion by 2027 at a CAGR of 29.81% in the given forecast period
An electronic cigarette is allowed with the help of battery that additional discharges nicotine, or non-nicotine solutions quantities in a vaporized form, that can be simply inhaled by the consumer. It does not make smoke though allows the user to get a similar manner of sensation as inhaled from the smoke of tobacco. This offers smokers a better alternate to avoid smoking and its ill effects. Growing awareness of the hazardous effects on health due to smoking and changing lifestyle and preferences, technological advancements leading to product innovation, and growing adoption through direct sales are the key factors attributing towards development in the e-cigarette market. Electronic cigarette is less hurtful than regular cigarette, which has resulted in the development of replacements that have helped consumers quit traditional cigarettes. The growing alertness about consuming smokeless, safe, and ashless tobacco is anticipated to drive market development. Moreover, there is an growing awareness about vaping being an effective method to quit traditional smoking, as it is less toxic and creates vapours instead of smoke.
The global E-cigarette & Vape market is segregated on the basis of Product Outlook as Disposable, Rechargeable, and Modular Devices. Based on Component Outlook the global E-cigarette & Vape market is segmented in Atomizer, Vape Mod, Cartomizer, and E-liquid. Based on Distribution Channel Outlook the global E-cigarette & Vape market is segmented in Online, Retail, Convenience Store, Drug Store, Newsstand, Tobacconist Store, and Specialty E-cigarette Store.
The global E-cigarette & Vape market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The E-cigarette & Vape market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Altria Group, Inc., British American Tobacco, Imperial Brands, International Vapor Group, Japan Tobacco Inc., NicQuid, JUUL Labs, Inc., Philip Morris International Inc., R.J. Reynolds Vapor Company, Shenzhen IVPS Technology Co., Ltd., and others are among the major players in the global E-cigarette & Vape market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The E-cigarette & Vape Market has been segmented as below:
E-cigarette & Vape Market, By Product Outlook
E-cigarette & Vape Market, By Component Outlook
E-cigarette & Vape Market, By Distribution Channel Outlook
E-cigarette & Vape Market, By Region
E-cigarette & Vape Market, By Company
The report covers:
Report Scope:
The global E-cigarette & Vape market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global E-cigarette & Vape market share. Major industry players with significant revenue share include Altria Group, Inc., British American Tobacco, Imperial Brands, International Vapor Group, Japan Tobacco Inc., NicQuid, JUUL Labs, Inc., Philip Morris International Inc., R.J. Reynolds Vapor Company, Shenzhen IVPS Technology Co., Ltd., and others.
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1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Research Methodology
2.2.1. Market Research Process
2.2.2. Research Methodology
2.2.2.1. Secondary Research
2.2.2.2. Primary Research
2.2.2.3. Models for Estimation
2.3. Market Size Estimation
2.3.1. Bottom-Up Approach
2.3.2. Top-Down Approach
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Challenges
5. E-cigarette & Vape Market, By Product Outlook
5.1. Key Points
5.2. Disposable
5.3. Rechargeable
5.4. Modular Devices
6. E-cigarette & Vape Market, By Component Outlook
6.1. Key Points
6.2. Atomizer
6.3. Vape Mod
6.4. Cartomizer
6.5. E-liquid
7. E-cigarette & Vape Market, By Distribution Channel Outlook
7.1. Key Points
7.2. Online
7.2.1. Retail
7.2.2. Convenience Store
7.2.3. Drug Store
7.2.4. Newsstand
7.2.5. Tobacconist Store
7.2.6. Specialty E-cigarette Store
8. Competitive Landscape
8.1. Introduction
8.2. Recent Developments
8.2.1. Mergers & Acquisitions
8.2.2. New Product Developments
8.2.3. Portfolio/Production Capacity Expansions
8.2.4. Joint Ventures, Collaborations, Partnerships & Agreements
8.2.5. Others
9. Company Profiles
9.1 Altria Group, Inc.
9.1.1 Company Overview
9.1.2 Product/Service Landscape
9.1.3 Financial Overview
9.1.4 Recent Developments
9.2 British American Tobacco
9.2.1 Company Overview
9.2.2 Product/Service Landscape
9.2.3 Financial Overview
9.2.4 Recent Developments
9.3 Imperial Brands
9.3.1 Company Overview
9.3.2 Product/Service Landscape
9.3.3 Financial Overview
9.3.4 Recent Developments
9.4 International Vapor Group
9.4.1 Company Overview
9.4.2 Product/Service Landscape
9.4.3 Financial Overview
9.4.4 Recent Developments
9.5 Japan Tobacco Inc.
9.5.1 Company Overview
9.5.2 Product/Service Landscape
9.5.3 Financial Overview
9.5.4 Recent Developments
9.6 NicQuid
9.6.1 Company Overview
9.6.2 Product/Service Landscape
9.6.3 Financial Overview
9.6.4 Recent Developments
9.7 JUUL Labs, Inc.
9.7.1 Company Overview
9.7.2 Product/Service Landscape
9.7.3 Financial Overview
9.7.4 Recent Developments
9.8 Philip Morris International Inc.
9.8.1 Company Overview
9.8.2 Product/Service Landscape
9.8.3 Financial Overview
9.8.4 Recent Developments
9.9 R.J. Reynolds Vapor Company
9.9.1 Company Overview
9.9.2 Product/Service Landscape
9.9.3 Financial Overview
9.9.4 Recent Developments
9.10 Shenzhen IVPS Technology Co., Ltd.
9.10.1 Company Overview
9.10.2 Product/Service Landscape
9.10.3 Financial Overview
9.10.4 Recent Developments
The E-cigarette & Vape Market has been segmented as below:
E-cigarette & Vape Market, By Product Outlook
E-cigarette & Vape Market, By Component Outlook
E-cigarette & Vape Market, By Distribution Channel Outlook
E-cigarette & Vape Market, By Region
E-cigarette & Vape Market, By Company
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