Global E-cigarette & Vaporizer Market (2016-2024)- Research Nester
Global E-cigarette & Vaporizer Market by Product Type (Disposable E-cigarette, Rechargeable E-cigarette, E-go and tanks E-cigarette, Personal Vaporizers and Mods) By Distribution Channel (Online Store, Departmental Store, Pharmacy Store) and Region - Global Forecast to 2024
Global E-cigarette & Vaporizer Market by Product Type (Disposable E-cigarette, Rechargeable E-cigarette, E-go and tanks E-cigarette, Personal Vaporizers and Mods) By Distribution Channel (Online Store, Departmental Store, Pharmacy Store) and Region - Global Forecast to 2024
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<strong>Global</strong> E-<strong>cigarette</strong> & <strong>Vaporizer</strong> <strong>Market</strong>:<br />
Industry Insights & Opportunity Evaluation,<br />
<strong>2016</strong>-<strong>2024</strong><br />
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<strong>Global</strong> E-<strong>cigarette</strong> & <strong>Vaporizer</strong> <strong>Market</strong> Overview<br />
<strong>Global</strong> E-<strong>cigarette</strong> & <strong>Vaporizer</strong> <strong>Market</strong> by Product Type (Disposable<br />
E-<strong>cigarette</strong>, Rechargeable E-<strong>cigarette</strong>, E-go and tanks E-<strong>cigarette</strong>,<br />
Personal <strong>Vaporizer</strong>s and Mods) By Distribution Channel (Online Store,<br />
Departmental Store, Pharmacy Store) and Region - <strong>Global</strong> Forecast to<br />
<strong>2024</strong><br />
E-<strong>cigarette</strong> refers to a <strong>cigarette</strong> shaped device which stimulates the<br />
experience of smoking tobacco without inhaling the tobacco. E-<strong>cigarette</strong><br />
consists of battery, atomizer and e-liquid. E-<strong>cigarette</strong>s help the smokers<br />
to quit smoking. Consumers prefer e-<strong>cigarette</strong>s over conventional<br />
<strong>cigarette</strong>s as it does not lead to diseases or death.<br />
<strong>Market</strong> Size and Forecast<br />
<strong>Global</strong> e-<strong>cigarette</strong> and vaporizer market is expected to flourish at a<br />
CAGR of 23.6% during the forecast period. In <strong>2016</strong>, the market of e-<br />
<strong>cigarette</strong> and vaporizer was valued at USD 9.1 Billion and is<br />
anticipated to reach USD 49 Billion by the end of <strong>2024</strong>. Due to the<br />
health issues caused by <strong>cigarette</strong>, tobacco addicted persons are adopting<br />
e-<strong>cigarette</strong>s. This factor is expected to drive the market of e-<strong>cigarette</strong><br />
and vaporizer across the globe.<br />
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In the regional platform, North America accounted for highest market<br />
share in overall e-<strong>cigarette</strong> and vaporizer market in <strong>2016</strong>. Further, North<br />
America is expected to continue its dominance over the forecast period<br />
due to the increasing healthcare concerns and rising adoption of e-<br />
<strong>cigarette</strong>s and vaporizer. Tobacco is the major cause of disease and<br />
deaths in North America region. Further, stringent rules and regulations<br />
by government regulatory bodies limit the use of tobacco which is<br />
further expected to expand the market of e-<strong>cigarette</strong> and vaporizer in the<br />
North America region. U.S. is witnessing augmented demand for e-<br />
<strong>cigarette</strong>s & vaporizers and is expected to positively contribute to the<br />
growth of North America e-<strong>cigarette</strong> & vaporizer market. Europe region<br />
is expected to grow at a significant pace over the forecast period. This<br />
can be attributed to presence of rigid policies enforced by the European<br />
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Union Tobacco Products Directive (EU-TPD). These laws are restricting<br />
the growth of <strong>cigarette</strong> industry which further, is likely to boost the<br />
demand for e-<strong>cigarette</strong>s & vaporizers.<br />
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Asia-Pacific e-<strong>cigarette</strong> & vaporizer market is anticipated to showcase<br />
lucrative growth during the forecast period. Presence of large numbers<br />
of manufacturers is expected to drive the market of e-<strong>cigarette</strong> &<br />
vaporizer in the Asia-Pacific region. Asia Pacific region has a huge<br />
potential of e-<strong>cigarette</strong> and vaporizer market owing to the developing<br />
stage of the market. China and India has been the major contributor to<br />
the growth of Asia-Pacific e-<strong>cigarette</strong> and vaporizer market. Moreover,<br />
rising awareness about e-<strong>cigarette</strong> and new product launches is expected<br />
to supplement the growth of e-<strong>cigarette</strong> and vaporizer market over the<br />
forecast period.<br />
<strong>Market</strong> Segmentation<br />
Our in-depth analysis has segmented global e-<strong>cigarette</strong> & vaporizer<br />
market into the following segments:<br />
By Product Type<br />
Disposable E-<strong>cigarette</strong><br />
Rechargeable E-<strong>cigarette</strong><br />
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E-go and tanks E-<strong>cigarette</strong><br />
Personal <strong>Vaporizer</strong>s and Mods<br />
Others<br />
By Distribution Channel<br />
Online Store<br />
Departmental Store<br />
Pharmacy Store<br />
Others<br />
By Region<br />
<strong>Global</strong> e-<strong>cigarette</strong> & vaporizer market is further classified on the basis of<br />
region as follows:<br />
North America (U.S. & Canada) <strong>Market</strong> size, Y-O-Y growth &<br />
Opportunity Analysis<br />
Latin America (Brazil, Mexico, Rest of Latin America) <strong>Market</strong> size, Y-<br />
O-Y growth & Opportunity Analysis<br />
Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium,<br />
Netherlands & Luxembourg, Rest of Europe) <strong>Market</strong> size, Y-O-Y<br />
growth & Opportunity Analysis<br />
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Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand,<br />
South Korea & Rest of Asia-Pacific) <strong>Market</strong> size, Y-O-Y growth &<br />
Opportunity Analysis<br />
Middle East and Africa (GCC, North Africa, South Africa & Rest of<br />
Middle East Africa) <strong>Market</strong> Size and Y-O-Y Growth Analysis<br />
Growth Drivers & Challenges<br />
Rising adoption of e-<strong>cigarette</strong>s in developed regions is driving the<br />
growth of the global e-<strong>cigarette</strong> and vaporizer market. Further, rising<br />
awareness about the bad effects of tobacco is envisioned to strengthen<br />
the growth of global biometric vaporizer market during the forecast<br />
period.<br />
Further, the distribution of e-<strong>cigarette</strong>s through online stores is expected<br />
to drive the growth of global e-<strong>cigarette</strong> and vaporizer market.<br />
Moreover, increasing internet penetration rate and rising inclination of<br />
consumers towards online stores is anticipated to garner the growth of<br />
global e-<strong>cigarette</strong>s and vaporizer market.<br />
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However, heavy tax rates imposition by the government is likely to limit<br />
the growth of global e-<strong>cigarette</strong> & vaporizer market. Further,<br />
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unregulated manufacturing process in China is expected to negatively<br />
impact the growth of global e-<strong>cigarette</strong> and vaporizer market.<br />
Key Players<br />
Electronic Cigarette International Group<br />
Company Overview<br />
Key Product Offerings<br />
Business Strategy<br />
SWOT Analysis<br />
Financials<br />
Dash Vapes<br />
Hubbly Bubbly Ltd.<br />
Liquideu<br />
Nice Vapor<br />
Pacific Smoke International<br />
Puff ECIG<br />
Simple Vape C0. London Ltd.<br />
Smokio<br />
Vape Escapes<br />
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Vapor Line<br />
Scope and Context<br />
Overview of the Parent <strong>Market</strong><br />
Analyst View<br />
Segmentation<br />
The global e-<strong>cigarette</strong> & vaporizer market is segmented as follows:<br />
By Product Type <strong>Market</strong> Size & Y-O-Y Growth Analysis<br />
By Distribution Channel <strong>Market</strong> Size & Y-O-Y Growth Analysis<br />
By Region <strong>Market</strong> Size & Y-O-Y Growth Analysis<br />
<strong>Market</strong> Dynamics<br />
Supply & Demand Risk<br />
Competitive Landscape<br />
Porter’s Five Force Model<br />
Geographical Economic Activity<br />
Key Players (respective SWOT Analysis) and their Strategies and<br />
Product Portfolio<br />
Recent Trends and Developments<br />
Industry Growth Drivers and Challenges<br />
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Key Information for Players to establish themselves in current dynamic<br />
environment<br />
Related Report:<br />
To know more about <strong>Global</strong> E-<strong>cigarette</strong> &<br />
<strong>Vaporizer</strong> <strong>Market</strong>, please visit:<br />
http://www.researchnester.com/reports/e-<strong>cigarette</strong>-vaporizermarket-global-demand-analysis-opportunity-outlook-<strong>2024</strong>/451<br />
http://www.researchnester.com/reports/fundus-cameras-marketglobal-demand-analysis-opportunity-outlook-<strong>2024</strong>/449<br />
http://www.researchnester.com/reports/smart-clothing-marketglobal-demand-analysis-opportunity-outlook-<strong>2024</strong>/444<br />
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