Market Overview:
The global tobacco e liquids market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for tobacco e liquids from online and offline channels. In terms of type, the refillable segment is expected to dominate the global tobacco e liquids market during the forecast period. This can be attributed to the growing preference for refillable devices among consumers. In terms of application, online channels are expected to account for a larger share of the global tobacco e liquids market during the forecast period.
Product Definition:
A tobacco e-liquid is a flavored liquid that, when heated and inhaled, simulates the experience of smoking tobacco. Tobacco e-liquids are used to refill electronic cigarettes.
Prefilled:
Prefilled cartridges are electronic devices that contain the exact amount of liquid needed to fill a vape pen or e-cigarette. They eliminate the need for filling a cartridge manually and are available in various flavors. Prefilled cartridges can be used with any device that supports E Liquids, including mods, vaporizers, tanks and more.
Refillable:
Refillable tobacco products are also known as cartomizer or e-liquid. These electronic devices contain nicotine and other additives in the form of a liquid that can be used like traditional cigarettes. The Refillable tobacco product is an alternative to smoking, which has a much lower risk of causing diseases such as lung cancer and heart disease.
Application Insights:
Offline application accounted for the largest share of more than 70.0% in 2017. The demand for the product is expected to increase due to high smoking prevalence and rising awareness regarding health hazards associated with tobacco smoke. Moreover, increasing government regulations against smoking in public places will further boost growth over the forecast period.
Online segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to growing e-commerce industry across various countries such as India, China, Australia and Germany which provides an opportunity for manufacturers of tobacco e liquid products offering variety in taste and brand preferences while purchasing these products online thereby driving growth over the forecast period.
The other applications include military/army, hospitality (hostel), transportation (railway carriages).
Regional Analysis:
Asia Pacific is anticipated to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for electronic cigarettes from countries, such as China and Japan. In 2016, these countries accounted for approximately 60% of global e-cigarette consumption owing to high population density and easy availability of products at a cheaper price compared to other regions. Moreover, rising awareness regarding e-cigarettes among youth in Asian countries will drive the APAC regional market further.
North America held a significant share in 2016 due to growing popularity of tobacco flavored vape juices among smokers looking for alternatives that are less harmful than normal cigarettes; however; stringent regulations by U.
Growth Factors:
- Increasing demand from the young population: The tobacco e-liquid market is expected to grow at a high rate in the next few years, owing to the increasing demand from the young population. This is mainly because of the growing awareness about these products and their benefits among youngsters.
- Rising popularity of vaping: Vaping has gained immense popularity in recent years, which is driving the growth of tobacco e-liquids market. In fact, it has become one of the most popular ways to consume nicotine and other flavors.
- Growing number of smokers looking for alternatives: A large number of smokers are looking for alternatives to traditional cigarettes due to health concerns associated with smoking. Tobacco e-liquids offer a viable alternative for them and are thus expected to witness high growth in coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Tobacco E Liquids Market Research Report
By Type
Prefilled, Refillable
By Application
Online, Offline
By Companies
E Liquid Factory, VMR Products LLC, VaporFi, Inc, Mig Vapor LLC, Black Note, Halo, VistaVapors, Inc, Mt Baker Vapor, ZampleBox, LLC, Breazy, Henley, Virgin Vapor, Crystal Canyon Vapes LLC, Strix Elixirs, Vape Dudes, Highbrow Vapor
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Tobacco E Liquids Market Report Segments:
The global Tobacco E Liquids market is segmented on the basis of:
Types
Prefilled, Refillable
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, Offline
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:
- E Liquid Factory
- VMR Products LLC
- VaporFi, Inc
- Mig Vapor LLC
- Black Note
- Halo
- VistaVapors, Inc
- Mt Baker Vapor
- ZampleBox, LLC
- Breazy
- Henley
- Virgin Vapor
- Crystal Canyon Vapes LLC
- Strix Elixirs
- Vape Dudes
- Highbrow Vapor
Highlights of The Tobacco E 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:
- Prefilled
- Refillable
- By Application:
- Online
- Offline
- 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 Tobacco E 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
- 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?
Tobacco E Liquids, also known as vaping liquids, are a type of liquid that is used to vape electronic cigarettes. They are made up of nicotine, propylene glycol and flavorings.
Some of the major companies in the tobacco e liquids market are E Liquid Factory, VMR Products LLC, VaporFi, Inc, Mig Vapor LLC, Black Note, Halo, VistaVapors, Inc, Mt Baker Vapor, ZampleBox, LLC, Breazy, Henley, Virgin Vapor, Crystal Canyon Vapes LLC, Strix Elixirs, Vape Dudes, Highbrow Vapor.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Tobacco E Liquids 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. Tobacco E Liquids Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Tobacco E Liquids Market - Supply Chain
4.5. Global Tobacco E Liquids Market Forecast
4.5.1. Tobacco E Liquids Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Tobacco E Liquids Market Size (000 Units) and Y-o-Y Growth
4.5.3. Tobacco E Liquids Market Absolute $ Opportunity
5. Global Tobacco E Liquids 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. Tobacco E Liquids Market Size and Volume Forecast by Type
5.3.1. Prefilled
5.3.2. Refillable
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Tobacco E Liquids 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. Tobacco E Liquids Market Size and Volume Forecast by Application
6.3.1. Online
6.3.2. Offline
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Tobacco E Liquids 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. Tobacco E Liquids 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 Tobacco E Liquids 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. Tobacco E Liquids 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 Tobacco E Liquids Demand Share Forecast, 2019-2026
9. North America Tobacco E Liquids 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 Tobacco E Liquids 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 Tobacco E Liquids Market Size and Volume Forecast by Application
9.4.1. Online
9.4.2. Offline
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Tobacco E Liquids Market Size and Volume Forecast by Type
9.7.1. Prefilled
9.7.2. Refillable
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 Tobacco E Liquids Demand Share Forecast, 2019-2026
10. Latin America Tobacco E Liquids 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 Tobacco E Liquids 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 Tobacco E Liquids Market Size and Volume Forecast by Application
10.4.1. Online
10.4.2. Offline
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Tobacco E Liquids Market Size and Volume Forecast by Type
10.7.1. Prefilled
10.7.2. Refillable
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 Tobacco E Liquids Demand Share Forecast, 2019-2026
11. Europe Tobacco E Liquids 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 Tobacco E Liquids 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 Tobacco E Liquids Market Size and Volume Forecast by Application
11.4.1. Online
11.4.2. Offline
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Tobacco E Liquids Market Size and Volume Forecast by Type
11.7.1. Prefilled
11.7.2. Refillable
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 Tobacco E Liquids Demand Share, 2019-2026
12. Asia Pacific Tobacco E Liquids 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 Tobacco E Liquids 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 Tobacco E Liquids Market Size and Volume Forecast by Application
12.4.1. Online
12.4.2. Offline
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Tobacco E Liquids Market Size and Volume Forecast by Type
12.7.1. Prefilled
12.7.2. Refillable
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 Tobacco E Liquids Demand Share, 2019-2026
13. Middle East & Africa Tobacco E Liquids 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 Tobacco E Liquids 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 Tobacco E Liquids Market Size and Volume Forecast by Application
13.4.1. Online
13.4.2. Offline
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Tobacco E Liquids Market Size and Volume Forecast by Type
13.7.1. Prefilled
13.7.2. Refillable
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 Tobacco E Liquids Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Tobacco E Liquids Market: Market Share Analysis
14.2. Tobacco E Liquids Distributors and Customers
14.3. Tobacco E Liquids Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. E Liquid Factory
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. VMR Products LLC
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. VaporFi, Inc
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Mig Vapor LLC
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Black Note
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Halo
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. VistaVapors, Inc
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Mt Baker Vapor
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. ZampleBox, LLC
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Breazy
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Henley
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Virgin 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. Crystal Canyon Vapes LLC
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Strix Elixirs
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Vape Dudes
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Highbrow Vapor
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
