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E-cigarette Market-Industry Trends, Opportunities and Forecasts to Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2024

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According to this study, over the next five years the E-cigarette market will register a 22.1% CAGR in terms of revenue, the global market size will reach US$ 15600 million by 2024, from US$ 4700 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in E-cigarette business, shared in Chapter 3.

An electronic cigarette or e-cigarette is a handheld electronic device which vaporizes a flavored liquid. The user inhales the vapor. Using e-cigarettes is sometimes called vaping. The liquid in the e-cigarette, called e-liquid, is usually made of nicotine, propylene glycol, glycerine, and flavorings. Not all e-liquids contain nicotine.

Market competition is intense. Imperial Tobacco, Reynolds American, Japan Tobacco, Altria, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry. In 2012, the international tobacco giants laid out the e-cigarette industry and caused many acquisitions and other industry mergers and acquisitions. At the same time, the market has been reshuffled. With the stricter smoking bans in various countries, e-cigarettes will usher in better development.

The health risks of e-cigarettes are uncertain. They are likely safer than tobacco cigarettes, but are of unclear effect in relation to other methods of stopping smoking. Their long-term health effects are not known. They may help some smokers quit. When used by non-smokers, e-cigarettes can lead to nicotine addiction, and there is concern that children could start smoking after using e-cigarettes.

This report presents a comprehensive overview, market shares, and growth opportunities of E-cigarette market by product type, application, key manufacturers and key regions and countries.

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.

  • Imperial Tobacco
  • Reynolds American
  • Japan Tobacco
  • Altria
  • VMR Product
  • Njoy
  • 21st Century
  • Vaporcorp
  • Truvape
  • FirstUnion
  • Hangsen
  • Buddy Group
  • Kimree
  • Innokin
  • SHENZHEN SMOORE
  • SMOK

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

This study considers the E-cigarette value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

  • With Screen
  • Without Screen

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

  • Online
  • Offline

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This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

  • Americas
  • United States
  • Canada
  • Mexico
  • Brazil
  • APAC
  • China
  • Japan
  • Korea
  • Southeast Asia
  • India
  • Australia
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Russia
  • Spain
  • Middle East & Africa
  • Egypt
  • South Africa
  • Israel
  • Turkey
  • GCC Countries

Research objectives

  • To study and analyze the global E-cigarette consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
  • To understand the structure of E-cigarette market by identifying its various subsegments.
  • Focuses on the key global E-cigarette manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  • To analyze the E-cigarette with respect to individual growth trends, future prospects, and their contribution to the total market.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  • To project the consumption of E-cigarette submarkets, with respect to key regions (along with their respective key countries).
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
  • To strategically profile the key players and comprehensively analyze their growth strategies.

Major Points from Table of Content:

1 Scope of the Report

2 Executive Summary

3 Global E-cigarette by Players

4 E-cigarette by Regions

5 Americas

6 APAC

7 Europe

8 Middle East & Africa

9 Market Drivers, Challenges and Trends

10 Marketing, Distributors and Customer

11 Global E-cigarette Market Forecast

 

12 Key Players Analysis

12.1 Imperial Tobacco

12.1.1 Company Details

12.1.2 E-cigarette Product Offered

12.1.3 Imperial Tobacco E-cigarette Sales, Revenue, Price and Gross Margin (2017-2019)

12.1.4 Main Business Overview

12.1.5 Imperial Tobacco News

 

12.2 Reynolds American

12.2.1 Company Details

12.2.2 E-cigarette Product Offered

12.2.3 Reynolds American E-cigarette Sales, Revenue, Price and Gross Margin (2017-2019)

12.2.4 Main Business Overview

12.2.5 Reynolds American News

 

12.3 Japan Tobacco

12.3.1 Company Details

12.3.2 E-cigarette Product Offered

12.3.3 Japan Tobacco E-cigarette Sales, Revenue, Price and Gross Margin (2017-2019)

12.3.4 Main Business Overview

12.3.5 Japan Tobacco News

Continued…

 

13 Research Findings and Conclusion

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