Market Overview:
The global electronic cigarette liquids market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into high PG e-liquid, high VG e-liquid, 50/50 e-liquid (VG:PG) and nicotine salt e-liquids. High PG e-liquids are those that have a higher propylene glycol (PG) content as compared to other types of electronic cigarette liquids. These liquids are known for their strong flavor and throat hit. They are also less viscous than high VG liquids and produce less vapor. High VG liquids are those that have a higher vegetable glycerin (VG) content as compared to other types of electronic cigarette liquids. These liquids are known for their thick consistency and smooth vapor production. 50/50 e-liquids refer to blends that have equal amounts of PG and VG in them.
Product Definition:
An electronic cigarette liquid is the fluid used in an electronic cigarette. The liquids come in a variety of flavors and nicotine levels.
High PG E-Liquid:
High PG E-Liquid is a type of e-liquid that contains propylene glycol and glycerin. These are the two main ingredients in any electronic cigarette liquid, hence the name. The ratio of these two ingredients defines the taste and throat hit of an entire vape, so finding one with a perfect balance is crucial for creating great vaping experience.
High VG E-Liquid:
High-VG e-liquids are those with a 40% concentration or more. They are also known as thick or heavy vapes, and they offer the same throat hit and vapor production as their normal counterparts. High VG vape liquids contain propylene glycol (PG) or vegetable glycerin (VG), which is used to thin out the liquid so that it can flow easily through the coils of an atomizer without getting stuck.
Application Insights:
Offline segment dominated the global market in terms of revenue share in 2017. Offline shopping is the most preferred method among smokers to buy electronic cigarettes as it provides easy access to a wide range of flavors and nicotine levels. The high popularity of e-cigarettes has resulted in an increase in demand for e-liquid, which has driven manufacturers to supply various flavors and variants across different countries worldwide.
Online segment is expected to expand at a significant CAGR during the forecast period owing to increasing online retailing channels by major tobacco companies, convenience stores and others such as drugstores, supermarkets etc. Online retailers provide huge varieties of e-cigarette products including starter kits with multiple refills along with additional accessories such as chargers & tanks etc., driving customers towards online shopping due to ease and convenience involved while buying these products over the internet or through mobile applications without visiting physical stores or malls. This trend will positively impact industry growth over next few years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period owing to increasing awareness regarding e-cigarettes and their liquid products, along with growing popularity of online shopping. Asia Pacific is anticipated to be the fastest-growing regional market over the forecast years due to rising disposable income levels, coupled with increased penetration of leading electronic cigarette manufacturers such as JUUL Labs, Inc.; Philip Morris International; and British American Tobacco Plc’s Vype e cig. These companies are focusing on expanding their business in this region by launching new products that meet consumer demand for convenient vaping devices and liquids. Furthermore, availability of these products at a low cost in countries like China has attracted many smokers looking for an alternative way of consuming tobacco without getting addicted or harming health.
Growth Factors:
- Increasing demand for flavored e-cigarettes: The growing popularity of flavored e-cigarettes is one of the key growth drivers for the electronic cigarette liquids market. Consumers are increasingly preferring flavored e-cigarettes over tobacco and menthol flavors. This is mainly due to the perception that flavored e-cigarettes are less harmful than traditional cigarettes.
- Rising awareness about the benefits of vaping: There has been a significant rise in awareness about the benefits of vaping in recent years, which is driving demand for electronic cigarette liquids. Vaping is considered to be a healthier alternative to smoking and helps people quit smoking altogether.
- Growing number of vape shops: The number of vape shops is growing rapidly across the world, providing an impetus to the growth of electronic cigarette liquids market. These stores offer a wide range of products and flavors, making it easier for consumers to find their preferred flavor and type of liquid nicotine cartridge..
Scope Of The Report
Report Attributes
Report Details
Report Title
Electronic Cigarette Liquids Market Research Report
By Type
High PG E-Liquid, High VG E-Liquid, 50/50 E-Liquid (VG:PG), Nicotine Salt E-Liquids
By Application
Offline, Online
By Companies
Dinner Lady, Nasty Juice, Vampire Vape, Marshmallow Man, Ohm Boy, Double Drip, Pure Evil, Twelve Monkeys, Nicopure Labs, Turning Points Brands, NicVape, VaporCast, Space Jam, Kings Crest, Ripe Vapes, Nicquid, Vape Wild, Black Note, Halcyon Vapors, Huajia, Molecule Labs
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
218
Number of Tables & Figures
153
Customization Available
Yes, the report can be customized as per your need.
Global Electronic Cigarette Liquids Market Report Segments:
The global Electronic Cigarette Liquids market is segmented on the basis of:
Types
High PG E-Liquid, High VG E-Liquid, 50/50 E-Liquid (VG:PG), Nicotine Salt E-Liquids
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
Offline, Online
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:
- Dinner Lady
- Nasty Juice
- Vampire Vape
- Marshmallow Man
- Ohm Boy
- Double Drip
- Pure Evil
- Twelve Monkeys
- Nicopure Labs
- Turning Points Brands
- NicVape
- VaporCast
- Space Jam
- Kings Crest
- Ripe Vapes
- Nicquid
- Vape Wild
- Black Note
- Halcyon Vapors
- Huajia
- Molecule Labs
Highlights of The Electronic Cigarette Liquids 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:
- High PG E-Liquid
- High VG E-Liquid
- 50/50 E-Liquid (VG:PG)
- Nicotine Salt E-Liquids
- By Application:
- Offline
- Online
- 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 Cigarette Liquids 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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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 Cigarette liquids are the e-liquid that is used in electronic cigarettes. They come in a variety of flavors and can be used with any type of electronic cigarette device.
Some of the major companies in the electronic cigarette liquids market are Dinner Lady, Nasty Juice, Vampire Vape, Marshmallow Man, Ohm Boy, Double Drip, Pure Evil, Twelve Monkeys, Nicopure Labs, Turning Points Brands, NicVape, VaporCast, Space Jam, Kings Crest, Ripe Vapes, Nicquid, Vape Wild, Black Note, Halcyon Vapors, Huajia, Molecule Labs.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electronic Cigarette Liquids Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electronic Cigarette Liquids Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electronic Cigarette Liquids Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electronic Cigarette Liquids Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electronic Cigarette Liquids Market Size & Forecast, 2018-2028
4.5.1 Electronic Cigarette Liquids Market Size and Y-o-Y Growth
4.5.2 Electronic Cigarette Liquids Market Absolute $ Opportunity
Chapter 5 Global Electronic Cigarette Liquids Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electronic Cigarette Liquids Market Size Forecast by Type
5.2.1 High PG E-Liquid
5.2.2 High VG E-Liquid
5.2.3 50/50 E-Liquid (VG:PG)
5.2.4 Nicotine Salt E-Liquids
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electronic Cigarette Liquids Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electronic Cigarette Liquids Market Size Forecast by Applications
6.2.1 Offline
6.2.2 Online
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electronic Cigarette Liquids Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electronic Cigarette Liquids Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electronic Cigarette Liquids Analysis and Forecast
9.1 Introduction
9.2 North America Electronic Cigarette Liquids Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electronic Cigarette Liquids Market Size Forecast by Type
9.6.1 High PG E-Liquid
9.6.2 High VG E-Liquid
9.6.3 50/50 E-Liquid (VG:PG)
9.6.4 Nicotine Salt E-Liquids
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electronic Cigarette Liquids Market Size Forecast by Applications
9.10.1 Offline
9.10.2 Online
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electronic Cigarette Liquids Analysis and Forecast
10.1 Introduction
10.2 Europe Electronic Cigarette Liquids Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electronic Cigarette Liquids Market Size Forecast by Type
10.6.1 High PG E-Liquid
10.6.2 High VG E-Liquid
10.6.3 50/50 E-Liquid (VG:PG)
10.6.4 Nicotine Salt E-Liquids
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electronic Cigarette Liquids Market Size Forecast by Applications
10.10.1 Offline
10.10.2 Online
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electronic Cigarette Liquids Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electronic Cigarette Liquids Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electronic Cigarette Liquids Market Size Forecast by Type
11.6.1 High PG E-Liquid
11.6.2 High VG E-Liquid
11.6.3 50/50 E-Liquid (VG:PG)
11.6.4 Nicotine Salt E-Liquids
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electronic Cigarette Liquids Market Size Forecast by Applications
11.10.1 Offline
11.10.2 Online
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electronic Cigarette Liquids Analysis and Forecast
12.1 Introduction
12.2 Latin America Electronic Cigarette Liquids Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electronic Cigarette Liquids Market Size Forecast by Type
12.6.1 High PG E-Liquid
12.6.2 High VG E-Liquid
12.6.3 50/50 E-Liquid (VG:PG)
12.6.4 Nicotine Salt E-Liquids
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electronic Cigarette Liquids Market Size Forecast by Applications
12.10.1 Offline
12.10.2 Online
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electronic Cigarette Liquids Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electronic Cigarette Liquids Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electronic Cigarette Liquids Market Size Forecast by Type
13.6.1 High PG E-Liquid
13.6.2 High VG E-Liquid
13.6.3 50/50 E-Liquid (VG:PG)
13.6.4 Nicotine Salt E-Liquids
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electronic Cigarette Liquids Market Size Forecast by Applications
13.10.1 Offline
13.10.2 Online
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electronic Cigarette Liquids Market: Competitive Dashboard
14.2 Global Electronic Cigarette Liquids Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dinner Lady
14.3.2 Nasty Juice
14.3.3 Vampire Vape
14.3.4 Marshmallow Man
14.3.5 Ohm Boy
14.3.6 Double Drip
14.3.7 Pure Evil
14.3.8 Twelve Monkeys
14.3.9 Nicopure Labs
14.3.10 Turning Points Brands
14.3.11 NicVape
14.3.12 VaporCast
14.3.13 Space Jam
14.3.14 Kings Crest
14.3.15 Ripe Vapes
14.3.16 Nicquid
14.3.17 Vape Wild
14.3.18 Black Note
14.3.19 Halcyon Vapors
14.3.20 Huajia
14.3.21 Molecule Labs
