The E-Cigarette Market Report offers a complete picture of industry trends and factors along with quantitative data based on historical data and from various sources. Apart from this, the report also provides the market outlook, growth, share, size, opportunity and forecast during 2019-2025. Further, the report focuses on competitive landscape including company profiles of leading key players along with industry demand, future capacities, key mergers & acquisitions, financial overview in the global market of e-cigarette.
The e-cigarette market is expected to touch USD 42.8 BN by 2024, with a CAGR of 8% growing from USD 25 BN in 2017.
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the e-cigarette market include Altria Group Inc., British American Tobacco plc, FIN Branding Group LLC., Imperial Brands plc., International Vapor Group, Japan Tobacco Inc., NJOY Inc., Philip Morris International Inc., Vapor Hub International Inc., and VMR Products LLC. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
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The market is experiencing fast paced growth owing to e-cigs are relatively less hazardous as compared to traditional cigarettes. Rise in R&D for development of lesser harmful alternative for smoking is likely to propel the market growth in forecasting period. In addition to this, rising adoption of e-cigarette among the young population to quit smoking is again boosting market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of e-cigarette.
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The broad e-cigarette market has been sub-grouped into product, distribution channel and aftermarket. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
· Open tank
· Closed System
· Vape Mod
By Distribution Channel
· Vape Shops
· Battery & Charger
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for e-cigarette in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
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