The global electronic cigarettes market is expected to grow at a CAGR of around 12.5% during the forecast period, from 2021 to 2030. The market is driven by factors such as increasing awareness about the harmful effects of smoking and growing demand for alternative products. The market is also witnessing an increase in the number of smokers who are quitting smoking and switching to vaping due to its health benefits.
The global electronic cigarettes market can be segmented on the basis of type, application, and region. On the basis of type, it can be segmented into mini e-cigarettes, ego e-cigarettes, mechanical mod e-cigarettes; on the basis of application it can be segmented into quit smoking and alternative cigarettes; on the basis of region it can be segmented into North America (US & Canada), Latin America (Mexico & Brazil), Europe (UK & Germany), Asia Pacific (China & Japan) and Middle East & Africa (Saudi Arabia).
-E-cigarettes are a relatively new product, and the market is still developing. -The e-cigarette industry is expected to grow by about $1 billion in 2014.-E-cigarettes are not regulated by the FDA, which means that they can be marketed without restrictions on content or claims. -The e-cigarette industry has been growing rapidly in recent years, with sales increasing from $500 million in 2008 to an estimated $1 billion in 2014.-E-cigarettes have been marketed as a safer alternative to traditional cigarettes because they do not contain tobacco and do not produce smoke.
Industry Growth Insights published a new data on “Electronic Cigarettes Market”. The research report is titled “Electronic Cigarettes Market research by Types (Mini, Ego, Mechanical mod), By Applications (Quit Smoking, Alternative Cigarettes), By Players/Companies Blu eCigs, Njoy, V2, International Vaporgroup, Vaporcorp, Electronic Cigarette International Group, Truvape, ProVape, Cigr8, KiK, Hangsen, FirstUnion, Shenzhen Jieshibo Technology, Innokin, Kimree”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electronic Cigarettes Market Research Report
By Type
Mini, Ego, Mechanical mod
By Application
Quit Smoking, Alternative Cigarettes
By Companies
Blu eCigs, Njoy, V2, International Vaporgroup, Vaporcorp, Electronic Cigarette International Group, Truvape, ProVape, Cigr8, KiK, Hangsen, FirstUnion, Shenzhen Jieshibo Technology, Innokin, Kimree
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Electronic Cigarettes Market Report Segments:
The global Electronic Cigarettes market is segmented on the basis of:
Types
Mini, Ego, Mechanical mod
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Quit Smoking, Alternative Cigarettes
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Blu eCigs
- Njoy
- V2
- International Vaporgroup
- Vaporcorp
- Electronic Cigarette International Group
- Truvape
- ProVape
- Cigr8
- KiK
- Hangsen
- FirstUnion
- Shenzhen Jieshibo Technology
- Innokin
- Kimree
Highlights of The Electronic Cigarettes Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Mini
- Ego
- Mechanical mod
- By Application:
- Quit Smoking
- Alternative Cigarettes
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electronic Cigarettes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electronic cigarettes are devices that heat a liquid nicotine solution to create an inhalable vapor. The vapor is then exhaled through the mouthpiece.
Some of the major companies in the electronic cigarettes market are Blu eCigs, Njoy, V2, International Vaporgroup, Vaporcorp, Electronic Cigarette International Group, Truvape, ProVape, Cigr8, KiK, Hangsen, FirstUnion, Shenzhen Jieshibo Technology, Innokin, Kimree.
The electronic cigarettes market is expected to grow at a compound annual growth rate of 12.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electronic Cigarettes Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electronic Cigarettes Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electronic Cigarettes Market - Supply Chain
4.5. Global Electronic Cigarettes Market Forecast
4.5.1. Electronic Cigarettes Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electronic Cigarettes Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electronic Cigarettes Market Absolute $ Opportunity
5. Global Electronic Cigarettes Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electronic Cigarettes Market Size and Volume Forecast by Type
5.3.1. Mini
5.3.2. Ego
5.3.3. Mechanical mod
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electronic Cigarettes Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electronic Cigarettes Market Size and Volume Forecast by Application
6.3.1. Quit Smoking
6.3.2. Alternative Cigarettes
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electronic Cigarettes Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electronic Cigarettes Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electronic Cigarettes Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electronic Cigarettes Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electronic Cigarettes Demand Share Forecast, 2019-2026
9. North America Electronic Cigarettes Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electronic Cigarettes Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electronic Cigarettes Market Size and Volume Forecast by Application
9.4.1. Quit Smoking
9.4.2. Alternative Cigarettes
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electronic Cigarettes Market Size and Volume Forecast by Type
9.7.1. Mini
9.7.2. Ego
9.7.3. Mechanical mod
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electronic Cigarettes Demand Share Forecast, 2019-2026
10. Latin America Electronic Cigarettes Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electronic Cigarettes Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electronic Cigarettes Market Size and Volume Forecast by Application
10.4.1. Quit Smoking
10.4.2. Alternative Cigarettes
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electronic Cigarettes Market Size and Volume Forecast by Type
10.7.1. Mini
10.7.2. Ego
10.7.3. Mechanical mod
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electronic Cigarettes Demand Share Forecast, 2019-2026
11. Europe Electronic Cigarettes Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electronic Cigarettes Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electronic Cigarettes Market Size and Volume Forecast by Application
11.4.1. Quit Smoking
11.4.2. Alternative Cigarettes
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electronic Cigarettes Market Size and Volume Forecast by Type
11.7.1. Mini
11.7.2. Ego
11.7.3. Mechanical mod
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electronic Cigarettes Demand Share, 2019-2026
12. Asia Pacific Electronic Cigarettes Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electronic Cigarettes Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electronic Cigarettes Market Size and Volume Forecast by Application
12.4.1. Quit Smoking
12.4.2. Alternative Cigarettes
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electronic Cigarettes Market Size and Volume Forecast by Type
12.7.1. Mini
12.7.2. Ego
12.7.3. Mechanical mod
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electronic Cigarettes Demand Share, 2019-2026
13. Middle East & Africa Electronic Cigarettes Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electronic Cigarettes Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electronic Cigarettes Market Size and Volume Forecast by Application
13.4.1. Quit Smoking
13.4.2. Alternative Cigarettes
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electronic Cigarettes Market Size and Volume Forecast by Type
13.7.1. Mini
13.7.2. Ego
13.7.3. Mechanical mod
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electronic Cigarettes Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electronic Cigarettes Market: Market Share Analysis
14.2. Electronic Cigarettes Distributors and Customers
14.3. Electronic Cigarettes Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Blu eCigs
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Njoy
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. V2
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. International Vaporgroup
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Vaporcorp
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Electronic Cigarette International Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Truvape
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. ProVape
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Cigr8
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. KiK
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Hangsen
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. FirstUnion
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Shenzhen Jieshibo Technology
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Innokin
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Kimree
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
