E-Cigarette Market– Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F Segmented By Product Type (Disposable, Rechargeable, Modular), By Flavor (Tobacco Vs. Non-Tobacco (Fruit, Desserts, Others)), By Distribution Channel (Specialty Stores, Tobacconist, Online, and Others), By Region, By Company

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Summary

Report Description

The global e-cigarette market is expected to grow during the forecast period owing to shifting consumer preferences toward flavored e-cigarettes. To attract a wider range of consumers, businesses provide various flavors. The demand for non-tobacco products is expected to increase the demand for e-cigarettes globally. It has been noted that older individuals prefer this product because it has no detrimental effects on health. According to the Centers for Disease Control and Prevention (CDC), disposable e-cigarette devices were the most popular among young people who currently used them (55.3%), followed by prefilled or refillable pods or cartridges (25.2%), and tanks or mod systems (6.7%).

Disposable e-cigarettes are ready-to-vape products made to be thrown away after the e-liquid is finished. Disposable e-cigarettes are considered a secure substitute for rechargeable e-cigarettes, and the market is expected to rise throughout the forecast period. The demand for e-cigarettes is also expected to expand due to young adults and teenagers being more accepting of various vaping gadgets. Furthermore, the majority of individuals in the world view vaping and e-cigarettes as healthier alternatives to traditional smokes. The business is expanding because e-cigarettes are more affordable than regular cigarettes.

The market for e-cigarettes is expanding as more smokers become aware of the health risks associated with smoking traditional tobacco cigarettes. Traditional tobacco cigarettes release harmful substances that are harmful for a person's health. E-cigarettes are safer and less hazardous than traditional tobacco cigarettes in order to cater such changes in the market many companies are launching products which replaces the conventional coils. For instance, the British American Tobacco company (BAT) released the Vype iSwitch and Vype iSwitch Maxx e-cigarettes which is based on Puretech blade technology. The innovative vaping technology found in the new Vype e-cigarettes iSwitch and iSwitch Maxx replaces the conventional coil and wick heating method. With over 99% less toxicants than previous vaping technologies, Vype Puretech produces a vape that is more satisfying, and smoother. . The iSwitch Maxx, which enables Bluetooth, provides the most "connected" vaping experience among the Vype products.

Global demand for these products has surged due to consumer readiness to give up tobacco use and the view of e-cigarettes as a safer alternative to conventional cigarettes. Accordingly, manufacturers are releasing modular e-cigarettes that offer various nicotine concentrations and enable users to refill the cartridge.

The major participants in the e-cigarette market are offering these products online via different e-commerce platforms such as Amazon, etc. Thus, e-commerce websites are also helpful in boosting the global e-cigarette market during the forecast period.

To capitalize on the rising demand for vape devices, many businesses use marketing strategies and offer their products online. For instance, MyVapery/Xyfil, a British company, provides flavored nicotine e-liquids in bottles with freehand sanitizers. Most of the companies have invested in e-cigarettes because they are believed to be a successful tobacco substitute.

The e-cigarette market is highly competitive due to the numerous local, domestic, and foreign businesses. As a result, there is strong competition among the competitors. The most popular market players' strategies include product development and innovation. Major players are implementing different techniques to catch consumers' attention by releasing products with new technical developments in response to the growing number of health-conscious consumers throughout the world. The concentration of firms is growing, and businesses are spending more money on advertising. Therefore, the adopting market strategies by the companies drives the market for e-cigarettes globally during the forecast period.


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Rising Popularity Among Younger Population Fuels the Market Growth

In the upcoming years, the market is anticipated to grow due to the increasing popularity of e-cigarettes among customers, particularly the millennial generation. Major players are releasing new products such as RELX BubbleMon and WAKA mini devices from Relx International to meet the rising demand for these products among customers. According to the Truth Initiative article of 2021, high school students continue to use e-cigarettes at epidemic levels, and 38.9% of existing users report that their usage has become more intense. Moreover, the risks of becoming a smoker were seven times higher for young Americans who had ever used e-cigarettes than those who had never vaped. In 2022, according to a study from the U.S. Food and Drug Administration and the U.S. Centers for Disease Control and Prevention (CDC), around 2.55 million middle and high school students in the United States, with 14.1% of high school students and 3.3% of middle school students reporting current (past 30-day) e-cigarette use. Furthermore, Action on Smoking and Health (Ash) estimates that in England, between the ages of 11 and 18, approximately 8.6% of youth vaped in 2022, increasing from 4% in 2021. More than half of these young people (more than 85%) utilized disposable flavored e-cigarettes. Hence, the growing popularity of e-cigarettes among the younger generation fuels the global e-cigarette market growth.

Innovative Product Launches Fuels the Market Growth

Companies are launching new products for consumers as the demand for these products is rising rapidly, further prompting companies to expand their product portfolios to cater to consumer demand. For instance, RELX International enters the disposable market with the RELX x BubbleMon and WAKA Mini devices. Devices made by RELX x BubbleMon have a transparent oil cabinet that shows how much e-liquid is still inside. The device comes with 600 puffs and ten flavors, including Strawberry Watermelon, Berry Ice, Raspberry Grape, Lychee Mango, and Bluecurrant. WAKA Mini immediately captures the eye with a modern, all-white bottle covered in a typical crystal-effect case that exudes premium quality and an instantly recognizable design aesthetic. In comparison, the 700-puff WAKA Mini comes in five enticing flavors: Cherry Bomb, Triple Berry, Watermelon Chill, Mango Orange, and Peach Apple. Therefore, launching new products by the companies helps boost the global e-cigarette market growth.

Shifting Consumer Preferences Toward Flavored E-Cigarettes Drives the Market Growth

The popularity of e-cigarettes has expanded among customers of all ages due to the introduction of several flavors of non-tobacco e-cigarettes, including sweet, fruity, chocolate, menthol, etc. Due to increasing in the varieties and introduction of new flavors, consumers are shifting towards flavored e-cigarettes rather than purchasing traditional cigarettes which have less varieties of flavors in the market. For instance, in America's liquor, tobacco, and convenience stores, at least 20 brands offer disposable e-cigarettes made in China in kid-friendly flavors like "peach blueberry candy" and "pineapple strawnana". Also, one-third of U.S. e-cigarette sales come from flavored disposable vaping devices, up from less than 2% three years ago. Furthermore, the Federal Trade Commission (FTC) survey discovered that menthol flavoring saw a considerable surge in sales, accounting for 63.5% of all cartridges sold in 2020. Since multiple flavors are present in the market, consumer preferences toward the flavored e-cigarettes are increasing and is driving the global e-cigarette market during the forecast period.

 Market Segmentation

The global e-cigarettes market is segmented into product type, flavor, distribution channel, and region. Based on the product type, the market is segmented into disposable, rechargeable, and modular e-cigarettes. Based on flavor, the market is segmented into tobacco and non-tobacco (fruit, desserts, others). Based on distribution channels, the market is segmented into specialty stores, tobacconist, online, and others. The market analysis also studies regional segmentation to devise regional market segmentation.

Company Profile      

Njoy Inc., Philip Morris International Inc., Japan Tobacco Inc., Reynolds American Inc., International Vapor Group (IVG), British American Tobacco p.l.c., Juul Labs Inc., J Well France, Nicotek, LLC, Shenzhen Kanger Technology Co.,Ltd., Ltd. are the major players that lead the global e-cigarettes market.

Attribute

Details

Base Year

2022

Historical Years

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Billion and CAGR for 2018-2022 and 2023-2028

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

Product Type

Flavor

Distribution Channel

Region

Regional Scope

North America, Europe, Asia-Pacific, Middle East & Africa, and South America

Country Scope

United States, Canada, Mexico, Russia, France, United Kingdom, Italy, Spain, China, India, Japan, Indonesia, Vietnam, Saudi Arabia, Egypt, UAE, Turkey, Brazil, Argentina, Colombia

Key Companies Profiled

Njoy Inc., Philip Morris International Inc., Japan Tobacco Inc., Reynolds American Inc., International Vapor Group (IVG), British American Tobacco p.l.c., Juul Labs Inc., J Well France, Nicotek, LLC, Shenzhen Kanger Technology Co.,Ltd. etc.

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

Report Scope:

In this report, the global e-cigarette market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  •  E-Cigarette Market, By Product Type:
    • Disposable
    • Rechargeable
    • Modular
  • E-Cigarette Market, Flavor:
    • Tobacco
    • Non-Tobacco
  •   E-Cigarette Market, By Distribution Channel:
    • Specialty Stores
    • Tobacconist
    • Online
    • Others

·           E-Cigarette Market, By Region:

  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • Russia
    • France
    • United Kingdom
    • Italy
    • Spain
  • Asia-Pacific
    • China
    • India
    • Japan
    • Indonesia
    • Vietnam
  • Middle East & Africa
    • Saudi Arabia
    • Egypt
    • UAE
    • Turkey
  • South America
    • Brazil
    • Argentina
    • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the global e-cigarette market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global E-Cigarette Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Introduction

1.1.  Product Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary         

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Voice of Customer Analysis (B2C Model Analysis)

4.1.  Sample Size Determination

4.2.  Respondent Demographics

4.2.1.     By Gender

4.2.2.     By Age

4.2.3.     By Occupation

4.3.  Brand Awareness

4.4.  Brand Satisfaction

4.5.  Factors Influencing Purchase Decision

4.6.  Customer Satisfaction

4.7.  Challenges Faced Post Purchase

5.    Global E-Cigarettes Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value

5.1.2.     By Volume       

5.2.  Market Share & Forecast

5.2.1.     By Product Type Market Share Analysis (Disposable, Rechargeable, Modular)

5.2.2.     By Flavor Market Share Analysis (Tobacco Vs. Non-Tobacco (Fruit, , Desserts, Others))

5.2.3.     By Distribution Channel Market Share Analysis (Specialty Stores, Tobacconist, Online, and Others)

5.2.4.     By Regional Market Share Analysis

5.2.4.1.         Asia -Pacific Market Share Analysis

5.2.4.2.         North America Market Share Analysis

5.2.4.3.         Europe Market Share Analysis

5.2.4.4.         South America Market Share Analysis

5.2.4.5.         Middle East & Africa Market Share Analysis

5.2.5.     By Company Market Share Analysis

5.3.  Global E-Cigarettes Market Mapping & Opportunity Assessment

5.3.1.     By Product Type Market Mapping & Opportunity Assessment

5.3.2.     By Flavor Market Mapping & Opportunity Assessment

5.3.3.     By Distribution Channel Market Mapping & Opportunity Assessment

5.3.4.     By Regional Market Mapping & Opportunity Assessment

6.    Asia-Pacific E-Cigarettes Market Outlook

6.1.  Market Size & Forecast          

6.1.1.     By Value

6.1.2.     By Volume

6.2.  Market Share & Forecast

6.2.1.     By Product Type Market Share Analysis

6.2.2.     By Flavor Market Share Analysis

6.2.3.     By Distribution Channel Market Share Analysis

6.2.4.     By Country Market Share Analysis

6.2.4.1.         China E-Cigarettes Market Outlook

6.2.4.1.1.             Market Size & Forecast

6.2.4.1.1.1. By Value

6.2.4.1.1.2. By Volume

6.2.4.1.2.             Market Share & Forecast

6.2.4.1.2.1. By Product Type Market Share Analysis

6.2.4.1.2.2. By Flavor Market Share Analysis

6.2.4.1.2.3. By Distribution Channel Market Share Analysis

6.2.4.2.         Japan E-Cigarettes Market Outlook

6.2.4.2.1.             Market Size & Forecast

6.2.4.2.1.1. By Value

6.2.4.2.1.2. By Volume

6.2.4.2.2.             Market Share & Forecast

6.2.4.2.2.1. By Product Type Market Share Analysis

6.2.4.2.2.2. By Flavor Market Share Analysis

6.2.4.2.2.3. By Distribution Channel Market Share Analysis

6.2.4.3.         India E-Cigarettes Market Outlook

6.2.4.3.1.             Market Size & Forecast

6.2.4.3.1.1. By Value

6.2.4.3.1.2. By Volume

6.2.4.3.2.             Market Share & Forecast

6.2.4.3.2.1. By Product Type Market Share Analysis

6.2.4.3.2.2. By Flavor Market Share Analysis

6.2.4.3.2.3. By Distribution Channel Market Share Analysis

6.2.4.4.         Indonesia E-Cigarettes Market Outlook

6.2.4.4.1.             Market Size & Forecast

6.2.4.4.1.1. By Value

6.2.4.4.1.2. By Volume

6.2.4.4.2.             Market Share & Forecast

6.2.4.4.2.1. By Product Type Market Share Analysis

6.2.4.4.2.2. By Flavor Market Share Analysis

6.2.4.4.2.3. By Distribution Channel Market Share Analysis

6.2.4.5.         Vietnam E-Cigarettes Market Outlook

6.2.4.5.1.             Market Size & Forecast

6.2.4.5.1.1. By Value

6.2.4.5.1.2. By Volume

6.2.4.5.2.             Market Share & Forecast

6.2.4.5.2.1. By Product Type Market Share Analysis

6.2.4.5.2.2. By Flavor Market Share Analysis 

6.2.4.5.2.3. By Distribution Channel Market Share Analysis

7.    North America E-Cigarettes Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.1.2.     By Volume

7.2.  Market Share & Forecast

7.2.1.     By Product Type Market Share Analysis

7.2.2.     By Flavor Market Share Analysis

7.2.3.     By Distribution Channel Market Share Analysis

7.2.4.     By Country Market Share Analysis

7.2.4.1.         United States E-Cigarettes Market Outlook

7.2.4.1.1.             Market Size & Forecast

7.2.4.1.1.1. By Value

7.2.4.1.1.2. By Volume

7.2.4.1.2.             Market Share & Forecast

7.2.4.1.2.1. By Product Type Market Share Analysis

7.2.4.1.2.2. By Flavor Market Share Analysis

7.2.4.1.2.3. By Distribution Channel Market Share Analysis

7.2.4.2.         Canada E-Cigarettes Market Outlook

7.2.4.2.1.             Market Size & Forecast

7.2.4.2.1.1. By Value

7.2.4.2.1.2. By Volume

7.2.4.2.2.             Market Share & Forecast

7.2.4.2.2.1. By Product Type Market Share Analysis

7.2.4.2.2.2. By Flavor Market Share Analysis

7.2.4.2.2.3. By Distribution Channel Market Share Analysis

7.2.4.3.         Mexico E-Cigarettes Market Outlook

7.2.4.3.1.             Market Size & Forecast

7.2.4.3.1.1. By Value

7.2.4.3.1.2. By Volume

7.2.4.3.2.             Market Share & Forecast

7.2.4.3.2.1. By Product Type Market Share Analysis

7.2.4.3.2.2. By Flavor Market Share Analysis

7.2.4.3.2.3. By Distribution Channel Market Share Analysis

8.    Europe E-Cigarettes Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.1.2.     By Volume

8.2.  Market Share & Forecast

8.2.1.     By Product Type Market Share Analysis

8.2.2.     By Flavor Market Share Analysis

8.2.3.     By Distribution Channel Market Share Analysis

8.2.4.     By Country Market Share Analysis

8.2.4.1.         Russia E-Cigarettes Market Outlook

8.2.4.1.1.             Market Size & Forecast

8.2.4.1.1.1. By Value

8.2.4.1.1.2. By Volume

8.2.4.1.2.             Market Share & Forecast

8.2.4.1.2.1. By Product Type Market Share Analysis

8.2.4.1.2.2. By Flavor Market Share Analysis

8.2.4.1.2.3. By Distribution Channel Market Share Analysis

8.2.4.2.         Italy E-Cigarettes Market Outlook

8.2.4.2.1.             Market Size & Forecast

8.2.4.2.1.1. By Value

8.2.4.2.1.2. By Volume

8.2.4.2.2.             Market Share & Forecast

8.2.4.2.2.1. By Product Type Market Share Analysis

8.2.4.2.2.2. By Flavor Market Share Analysis

8.2.4.2.2.3. By Distribution Channel Market Share Analysis

8.2.4.3.         France E-Cigarettes Market Outlook

8.2.4.3.1.             Market Size & Forecast

8.2.4.3.1.1. By Value

8.2.4.3.1.2. By Volume

8.2.4.3.2.             Market Share & Forecast

8.2.4.3.2.1. By Product Type Market Share Analysis

8.2.4.3.2.2. By Flavor Market Share Analysis

8.2.4.3.2.3. By Distribution Channel Market Share Analysis

8.2.4.4.         Spain E-Cigarettes Market Outlook

8.2.4.4.1.             Market Size & Forecast

8.2.4.4.1.1. By Value

8.2.4.4.1.2. By Volume

8.2.4.4.2.             Market Share & Forecast

8.2.4.4.2.1. By Product Type Market Share Analysis

8.2.4.4.2.2. By Flavor Market Share Analysis

8.2.4.4.2.3. By Distribution Channel Market Share Analysis

8.2.4.5.         United Kingdom E-Cigarettes Market Outlook

8.2.4.5.1.             Market Size & Forecast

8.2.4.5.1.1. By Value

8.2.4.5.1.2. By Volume

8.2.4.5.2.             Market Share & Forecast

8.2.4.5.2.1. By Product Type Market Share Analysis

8.2.4.5.2.2. By Flavor Market Share Analysis

8.2.4.5.2.3. By Distribution Channel Market Share Analysis

9.    Middle East & Africa E-Cigarettes Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.1.2.     By Volume

9.2.  Market Share & Forecast

9.2.1.     By Product Type Market Share Analysis

9.2.2.     By Flavor Market Share Analysis

9.2.3.     By Distribution Channel Market Share Analysis

9.2.4.     By Country Market Share Analysis

9.2.4.1.         Saudi Arabia E-Cigarettes Market Outlook

9.2.4.1.1.             Market Size & Forecast

9.2.4.1.1.1. By Value

9.2.4.1.1.2. By Volume

9.2.4.1.2.             Market Share & Forecast

9.2.4.1.2.1. By Product Type Market Share Analysis

9.2.4.1.2.2. By Flavor Market Share Analysis

9.2.4.1.2.3. By Distribution Channel Market Share Analysis

9.2.4.2.         Egypt E-Cigarettes Market Outlook

9.2.4.2.1.             Market Size & Forecast

9.2.4.2.1.1. By Value

9.2.4.2.1.2. By Volume

9.2.4.2.2.             Market Share & Forecast

9.2.4.2.2.1. By Product Type Market Share Analysis

9.2.4.2.2.2. By Flavor Market Share Analysis

9.2.4.2.2.3. By Distribution Channel Market Share Analysis

9.2.4.3.         UAE E-Cigarettes Market Outlook

9.2.4.3.1.             Market Size & Forecast

9.2.4.3.1.1. By Value

9.2.4.3.1.2. By Volume

9.2.4.3.2.             Market Share & Forecast

9.2.4.3.2.1. By Product Type Market Share Analysis

9.2.4.3.2.2. By Flavor Market Share Analysis

9.2.4.3.2.3. By Distribution Channel Market Share Analysis

9.2.4.4.         Turkey E-Cigarettes Market Outlook

9.2.4.4.1.             Market Size & Forecast

9.2.4.4.1.1. By Value

9.2.4.4.1.2. By Volume

9.2.4.4.2.             Market Share & Forecast

9.2.4.4.2.1. By Product Type Market Share Analysis

9.2.4.4.2.2. By Flavor Market Share Analysis

9.2.4.4.2.3. By Distribution Channel Market Share Analysis

10.   South America E-Cigarettes Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.1.2.  By Volume

10.2.              Market Share & Forecast

10.2.1.  By Product Type Market Share Analysis

10.2.2.  By Flavor Market Share Analysis

10.2.3.  By Distribution Channel Market Share Analysis

10.2.4.  By Country Market Share Analysis

10.2.4.1.      Brazil E-Cigarettes Market Outlook

10.2.4.1.1.           Market Size & Forecast

10.2.4.1.1.1.               By Value

10.2.4.1.1.2.               By Volume

10.2.4.1.2.           Market Share & Forecast

10.2.4.1.2.1.               By Product Type Market Share Analysis

10.2.4.1.2.2.               By Flavor Market Share Analysis  

10.2.4.1.2.3.               By Distribution Channel Market Share Analysis

10.2.4.2.      Argentina E-Cigarettes Market Outlook

10.2.4.2.1.           Market Size & Forecast

10.2.4.2.1.1.               By Value

10.2.4.2.1.2.               By Volume

10.2.4.2.2.           Market Share & Forecast

10.2.4.2.2.1.               By Product Type Market Share Analysis

10.2.4.2.2.2.               By Flavor Market Share Analysis  

10.2.4.2.2.3.               By Distribution Channel Market Share Analysis

10.2.4.3.      Colombia E-Cigarettes Market Outlook

10.2.4.3.1.           Market Size & Forecast

10.2.4.3.1.1.               By Value

10.2.4.3.1.2.               By Volume

10.2.4.3.2.           Market Share & Forecast

10.2.4.3.2.1.               By Product Type Market Share Analysis

10.2.4.3.2.2.               By Flavor Market Share Analysis  

10.2.4.3.2.3.               By Distribution Channel Market Share Analysis

11.  Market Dynamics

11.1.              Drivers

11.1.1.  Increase in number of product launches

11.1.2.  Increasing partnerships and collaborations among companies

11.1.3.  Rising popularity among younger generation

11.2.              Challenges

11.2.1.  Increasing competition among companies

11.2.2.  Strict Government Regulations

12.  Impact of COVID-19 on Global E-Cigarettes Market

12.1.              Impact Assessment Model       

12.1.1.  Key Segments Impacted

12.1.2.  Key Regions Impacted

12.1.3.  Key Countries Impacted

12.1.4.  Key Distribution Channel Impacted

13.  Market Trends & Developments

13.1.              Expansion of e-commerce sales

13.2.              Rising consumer awareness regarding health benefits

13.3.              Growing consumer interest in alternative nicotine delivery systems

13.4.              Trend of flavored e-cigarettes

14.  SWOT Analysis

14.1.              Strengths

14.2.              Weaknesses

14.3.              Opportunities

14.4.              Threats

15.  Porter’s Five Forces Model

15.1.              Competitive Rivalry

15.2.              Bargaining Power of Buyers

15.3.              Bargaining Power of Suppliers

15.4.              Threat of New Entrants

15.5.              Threat of Substitutes

16.  Competitive Landscape

16.1.              Company Profiles

16.1.1.  Njoy Inc.

16.1.1.1.      Company Details

16.1.1.2.      Products & Services

16.1.1.3.      Financials (As Per Availability)

16.1.1.4.      Key Market Focus & Geographical Presence

16.1.1.5.      Recent Developments

16.1.1.6.      Key Management Personnel

16.1.2.  Philip Morris International Inc.

16.1.2.1.      Company Details

16.1.2.2.      Products & Services

16.1.2.3.      Financials (As Per Availability)

16.1.2.4.      Key Market Focus & Geographical Presence

16.1.2.5.      Recent Developments

16.1.2.6.      Key Management Personnel

16.1.3.  Japan Tobacco Inc.

16.1.3.1.      Company Details

16.1.3.2.      Products & Services

16.1.3.3.      Financials (As Per Availability)

16.1.3.4.      Key Market Focus & Geographical Presence

16.1.3.5.      Recent Developments

16.1.3.6.      Key Management Personnel

16.1.4.  Reynolds American Inc.

16.1.4.1.      Company Details

16.1.4.2.      Products & Services

16.1.4.3.      Financials (As Per Availability)

16.1.4.4.      Key Market Focus & Geographical Presence

16.1.4.5.      Recent Developments

16.1.4.6.      Key Management Personnel

16.1.5.  International Vapor Group (IVG)

16.1.5.1.      Company Details

16.1.5.2.      Products & Services

16.1.5.3.      Financials (As Per Availability)

16.1.5.4.      Key Market Focus & Geographical Presence

16.1.5.5.      Recent Developments

16.1.5.6.      Key Management Personnel

16.1.6.  British American Tobacco p.l.c.

16.1.6.1.      Company Details

16.1.6.2.      Products & Services

16.1.6.3.      Financials (As Per Availability)

16.1.6.4.      Key Market Focus & Geographical Presence

16.1.6.5.      Recent Developments

16.1.6.6.      Key Management Personnel

16.1.7.  Juul Labs Inc.

16.1.7.1.      Company Details

16.1.7.2.      Products & Services

16.1.7.3.      Financials (As Per Availability)

16.1.7.4.      Key Market Focus & Geographical Presence

16.1.7.5.      Recent Developments

16.1.7.6.      Key Management Personnel

16.1.8.  J Well France

16.1.8.1.      Company Details

16.1.8.2.      Products & Services

16.1.8.3.      Financials (As Per Availability)

16.1.8.4.      Key Market Focus & Geographical Presence

16.1.8.5.      Recent Developments

16.1.8.6.      Key Management Personnel

16.1.9.  Nicotek, LLC

16.1.9.1.      Company Details

16.1.9.2.      Products & Services

16.1.9.3.      Financials (As Per Availability)

16.1.9.4.      Key Market Focus & Geographical Presence

16.1.9.5.      Recent Developments

16.1.9.6.      Key Management Personnel

16.1.10.                Shenzhen KangerTech Technology Co., Ltd.

16.1.10.1.    Company Details

16.1.10.2.    Products & Services

16.1.10.3.    Financials (As Per Availability)

16.1.10.4.    Key Market Focus & Geographical Presence

16.1.10.5.    Recent Developments

16.1.10.6.    Key Management Personnel

17.  Strategic Recommendations/Action Plan

17.1.              Key Focus Areas

17.2.              Target Regions & Countries

17.3.              Target Product Type

17.4.              Target Flavor

17.5.              Target Distribution Channel

18.  About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The United States, the United Kingdom, and France are the largest markets of vaping products. The country that enjoys using it the most is the United States. While not all-American adults routinely vape, a sizeable percentage have at least given it a shot.

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90% of the world's vaping and e-cigarette products are designed and produced in Shenzhen, a city next to Hong Kong.

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The study showed that two unique customer categories were being targeted by e-cigarettes: devoted smokers and young social smokers or non-smokers.

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Adults under 50 are significantly more likely than those 50 and older to use e-cigarettes.

Related Reports

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Parvati Sharma

Account Manager BD
Press Release

Rechargeable E-Cigarettes to Boost E-Cigarettes Market Growth During the Forecast Period

Nov, 2022

The key factors driving the e-cigarette market are the growing popularity among the younger generation and the increasing demand for non-tobacco products due to the rising consumer awareness regardin

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