Market Overview:
The Global Pod Vapes Market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for pod vapes from the youth population and rising awareness about the benefits of vaping over smoking. The global pod vapes market is segmented on the basis of type, application, and region. On the basis of type, it is divided into up to 1 ml, 1-2 ml, and above 2ml segments. The up to 1 ml segment is expected to account for a major share in terms of revenue in 2018 owing to its low price point and easy availability. However, with technological advancements being made in this domain regularly, higher capacity pods are becoming increasingly popular among consumers across all regions. On the basis of application, it is classified into online sales and offline sales segments. Offline sales are further sub-segmented into convenience stores/gas stations; vape shops; department stores; other retail outlets such as drugstores or supermarkets). The convenience stores/gas stations sub-segment accounted for a major share in terms of revenue in 2017 due its widespread presence across all regions studied herein. However,.
Product Definition:
A pod vape is a small, discrete vaping device that uses disposable cartridges filled with nicotine or THC oil. Pod vapes are often considered more beginner-friendly than other types of vaping devices because they're simple to operate and don't require any knowledge of coil building or wattage adjustments.
Up to 1 ml:
Up to 1 ml, it's usage and growth factor in the Pod Vapes market is expected to drive due to increasing demand for portable vaporizers among consumers. The device is a pen-like vaporizer that uses pre-filled cartridges containing dry herb or liquid. It’s an easy way of using cannabis without having to smoke or carry around pipes and joints.
The product has been gaining popularity among youngsters as well as adults owing to its portability.
1-2 ml:
1-2 ml is a standard size of vape liquid. It is also known as the “standard drop” or “base drop”. 1-2 ml can be found in most pod vapes and usually contains around 0.03 to 0.08 grams of dry material (vape juice).
Application Insights:
The Offline sales segment dominated the global pod vapes market in 2017. This can be attributed to the high penetration of brick-and-mortar stores and online vendors across various regions. TheOffline sales channels are more prominent as compared to Online Sales, due to their accessibility in remote areas with limited internet connectivity and availability ofPod Vape products at cheaper rates owing to bulk buying discounts offered by them on a regular basis.
Online Sales is expected register notable growth over the forecast period owing to increasing consumer preference for purchasing Pod Vapes from online vendors as they offer easy payment options along with free shipping for orders above USD 50, making it convenient for consumers worldwideto buy these devices through this channel without having physical contact with either retailer or manufacturer. Furthermore, manufacturers offering promotions & coupons codes which shoppers can use while placing orders through their respective websites will further boost industry growth over the next few years.
Regional Analysis:
Asia Pacific dominated the global pod vape market in 2017. The region is expected to maintain its position during the forecast period owing to increasing awareness about vaping and growing popularity of e-cigarettes. Furthermore, countries such as China and Japan are some of the largest markets for tobacco products, which will further boost demand for pod vapes over the forecast period.
North America is anticipated to be one of fastest growing regional markets from 2018 to 2030 due to rising adoption by smokers looking for a healthier alternative and availability of various flavors in U.S., Canada, and Mexico. Moreover, increasing number of vendors offering different types such as wax vaporizers or dry herb vaporizers will drive growth further on account an increase in consumer preference towards these devices over traditional cigarettes or cigars among millennials & Generation Z population groups across U.S.
Growth Factors:
- Increasing demand for pod vapes from the youth population due to its easy-to-use and discreet design.
- Growing awareness about the health benefits of vaping over smoking, which is driving the demand for pod vapes.
- Rising disposable income of consumers is enabling them to purchase premium quality pod vapes products.
- Proliferation of online retail channels is providing a convenient platform for consumers to purchase pod vapes products easily and at competitive prices. 5) The increasing number of celebrities endorsing pod vape products is helping in popularizing these devices among masses
Scope Of The Report
Report Attributes
Report Details
Report Title
Pod Vapes Market Research Report
By Type
Up to 1 ml, 1-2 ml, Above 2ml
By Application
Online Sales, Offline Sales
By Companies
British American Tobacco, Juul Labs, Imperial Tobacco, Japan Tobacco, Altria Group, NJOY, Philip Morris International, Hangsen International Group, Eleaf Electronics, Augvape, Ballantyne Brands, Mig Vapor, Ritchy Group, Suorin Vape, Shenzhen Smoore Technology, Shenzhen Boge Technology, Shenzhen Innokin Technology, Shenzhen IVPS Technology, Shenzhen Jieshibo Technology, Shenzhen Kanger Technology
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Pod Vapes Market Report Segments:
The global Pod Vapes market is segmented on the basis of:
Types
Up to 1 ml, 1-2 ml, Above 2ml
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
Online Sales, Offline Sales
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:
- British American Tobacco
- Juul Labs
- Imperial Tobacco
- Japan Tobacco
- Altria Group
- NJOY
- Philip Morris International
- Hangsen International Group
- Eleaf Electronics
- Augvape
- Ballantyne Brands
- Mig Vapor
- Ritchy Group
- Suorin Vape
- Shenzhen Smoore Technology
- Shenzhen Boge Technology
- Shenzhen Innokin Technology
- Shenzhen IVPS Technology
- Shenzhen Jieshibo Technology
- Shenzhen Kanger Technology
Highlights of The Pod Vapes 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:
- Up to 1 ml
- 1-2 ml
- Above 2ml
- By Application:
- Online Sales
- Offline Sales
- 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 Pod Vapes 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- 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?
Pod Vapes is a company that produces electronic cigarettes.
Some of the key players operating in the pod vapes market are British American Tobacco, Juul Labs, Imperial Tobacco, Japan Tobacco, Altria Group, NJOY, Philip Morris International, Hangsen International Group, Eleaf Electronics, Augvape, Ballantyne Brands, Mig Vapor, Ritchy Group, Suorin Vape, Shenzhen Smoore Technology, Shenzhen Boge Technology, Shenzhen Innokin Technology, Shenzhen IVPS Technology, Shenzhen Jieshibo Technology, Shenzhen Kanger Technology.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Pod Vapes 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. Pod Vapes Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Pod Vapes Market - Supply Chain
4.5. Global Pod Vapes Market Forecast
4.5.1. Pod Vapes Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Pod Vapes Market Size (000 Units) and Y-o-Y Growth
4.5.3. Pod Vapes Market Absolute $ Opportunity
5. Global Pod Vapes 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. Pod Vapes Market Size and Volume Forecast by Type
5.3.1. Up to 1 ml
5.3.2. 1-2 ml
5.3.3. Above 2ml
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Pod Vapes 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. Pod Vapes Market Size and Volume Forecast by Application
6.3.1. Online Sales
6.3.2. Offline Sales
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Pod Vapes 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. Pod Vapes 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 Pod Vapes 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. Pod Vapes 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 Pod Vapes Demand Share Forecast, 2019-2026
9. North America Pod Vapes 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 Pod Vapes 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 Pod Vapes Market Size and Volume Forecast by Application
9.4.1. Online Sales
9.4.2. Offline Sales
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Pod Vapes Market Size and Volume Forecast by Type
9.7.1. Up to 1 ml
9.7.2. 1-2 ml
9.7.3. Above 2ml
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 Pod Vapes Demand Share Forecast, 2019-2026
10. Latin America Pod Vapes 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 Pod Vapes 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 Pod Vapes Market Size and Volume Forecast by Application
10.4.1. Online Sales
10.4.2. Offline Sales
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Pod Vapes Market Size and Volume Forecast by Type
10.7.1. Up to 1 ml
10.7.2. 1-2 ml
10.7.3. Above 2ml
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 Pod Vapes Demand Share Forecast, 2019-2026
11. Europe Pod Vapes 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 Pod Vapes 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 Pod Vapes Market Size and Volume Forecast by Application
11.4.1. Online Sales
11.4.2. Offline Sales
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Pod Vapes Market Size and Volume Forecast by Type
11.7.1. Up to 1 ml
11.7.2. 1-2 ml
11.7.3. Above 2ml
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 Pod Vapes Demand Share, 2019-2026
12. Asia Pacific Pod Vapes 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 Pod Vapes 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 Pod Vapes Market Size and Volume Forecast by Application
12.4.1. Online Sales
12.4.2. Offline Sales
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Pod Vapes Market Size and Volume Forecast by Type
12.7.1. Up to 1 ml
12.7.2. 1-2 ml
12.7.3. Above 2ml
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 Pod Vapes Demand Share, 2019-2026
13. Middle East & Africa Pod Vapes 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 Pod Vapes 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 Pod Vapes Market Size and Volume Forecast by Application
13.4.1. Online Sales
13.4.2. Offline Sales
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Pod Vapes Market Size and Volume Forecast by Type
13.7.1. Up to 1 ml
13.7.2. 1-2 ml
13.7.3. Above 2ml
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 Pod Vapes Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Pod Vapes Market: Market Share Analysis
14.2. Pod Vapes Distributors and Customers
14.3. Pod Vapes Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. British American Tobacco
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Juul Labs
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Imperial Tobacco
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Japan Tobacco
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Altria Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. NJOY
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Philip Morris International
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hangsen International Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Eleaf Electronics
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Augvape
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Ballantyne Brands
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Mig Vapor
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Ritchy Group
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Suorin Vape
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Shenzhen Smoore Technology
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Shenzhen Boge Technology
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Shenzhen Innokin Technology
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Shenzhen IVPS Technology
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Shenzhen Jieshibo Technology
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Shenzhen Kanger Technology
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook