Electronic Cigarette Market Analysis, Challenges, Growth and Forecast By 2030
The Compound Annual Growth Rate (CAGR) of the global electronic cigarette market is expected to reach XX% from 2022 to 2030. E-cigarettes are devices that operate by heating a liquid solution to a high enough temperature so that it produces an aerosol that is inhaled. Solutions, sometimes called e-liquids, typically include nicotine, flavoring and a humectant, such as propylene glycol, to retain moisture and create an aerosol when heated. Many of the flavorings and humectants used in e-liquids have been approved by the Food and Drug Administration for oral consumption, but not for inhalation, due to the lack of research regarding the safety of these compounds when inhaled.
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Based on distribution channel, online channels segment is having a huge demand, owing to the increasing adoption of e-commerce. By Geography, Europe is estimated to have a lucrative growth in emerging countries such as U.K., France, and Russian markets due to increasing seven traditional cigarette smokers classify themselves as current e-cigarette smokers.
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Some of the key players profiled in the Electronic Cigarette market include Philip Morris International, Healthier Choices Management Corp, MCIG Inc., ITC Limited, Altria Group Inc., British American Tobacco plc, Japan Tobacco, Inc., J WELL France, Imperial Tobacco Group, Nicotek Llc, Njoy Inc., International Vapor Group, Reynolds American Inc and Vmr Flavours Llc.
Products Covered:
• Cig-A-Like
• Completely Disposable Model
• Modular
• Next-Generation
• Personalized Vaporizer
• Rechargeable
• Rechargeable but Disposable Cartomizer
• T-Vapor
• Vape Mod
• Vaporizer
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Aftermarkets Covered:
• Battery & Charger
• Refill
• Other Aftermarkets
Distribution Channels Covered:
• Online
• Specialist E-Cig Shops
• Supermarkets and Hypermarkets
• Tobacconist
• Vape Shops
• Other Distribution Channels
Age-Groups Covered:
• 16-24
• 25-34
• 35-44
• 45-54
• 55-65
• 65+
Battery Modes Covered:
• Automatic E-Cigarette
• Manual E-Cigarette
Genders Covered:
• Female
• Male
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Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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