E-cigarettes & vaporizer market is expected to grow at a CAGR rate of over 25.0% over the period of 2018 to 2021

E-Cigarette & Vaporizer Market research report includes various topics like total market size, key market drivers, challenges, growth opportunities, Industry share, growth, demand, outlook etc. Furthermore it covers key market updates, the impact of regulations and technological updates in. The report addresses the need to stay updated in this competitive market conditions and this provides and comprehensive data for making strategies and decision so as to stimulate the market growth and profitability.

E-Cigarette & Vaporizer Market – Overview
E cigarettes & vaporizers have emerged as a popular alternatives to traditional consumption methods for tobacco and other substances’ consumption. Market Research Future, a firm which specializes in market reports related to Food, Beverages & Nutrition sector among others, recently published a report on this market. The global E-cigarettes & vaporizer market is expected to grow at a CAGR rate of over 25.0% over the period of 2016 to 2021.
E cigarettes have been growing in popularity and demand in recent times due to extensive word of mouth popularity and promotion through popular culture. Increase in number of cancer cases due to cigarette consumption has prompted migration of demand to this sector. Rise in number of individuals wanting to quit smoking has also considerably increased the demand for this industry.

Industry Segments
The market has been segmented on the basis of product type and region. By product type the types are disposable e-cigarette, rechargeable e-cigarette, ego and tanks, personal vaporizers and mods and others. On the basis of region the market includes regions such as North America, Europe, Asia Pacific and Others.
Disposable e-cigarettes have accounted for the largest market size by product type in 2015 accounting for nearly 30% of the market size closely followed by rechargeable e-cigarette. Personal vaporizers will grow at a CAGR over 23.5% through the forecast period.

Global E-Cigarette & Vaporizer Market: Key Players:-

Altria Group

Ballantyne Brands

British American Tobacco Plc

CB Distributors

Bull Smoke

Cigavette

Clearette Electronic Cigarette Co

Cloudcig

Gamucci Electronic Cigarettes

Electronic Cigarettes International Group

Fontem Ventures

Fin Branding Group LLC

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Market Research Analysis:
The global E-Cigarette & Vaporizer market is expected to witness significant growth during the forecast period, due to the growth in the end-use industry. The demand is augmented essentially due to the rapid growth in residential construction in region of Asia-pacific. The market has been segmented on the basis of application into residential and non-residential. Residential construction is expected to lead the market with largest market size followed by non-residential segment, which includes commercial spaces, manufacturing industry and public utility spaces. However factors such as sustainability issues in construction industry is expected to hamper the market growth during the forecast period.

The reports also covers brief analysis of Geographical Region includes:

Americas
- North America (US, Canada)
- Latin America (Argentina, Brazil, Mexico, Rest of LATAM)

Europe
- Western Europe (Germany, France, Italy, Spain, U.K, Rest of Western Europe)
- Eastern Europe (Poland, Russia)

Asia – Pacific
- Asia (China, India, Japan, South Korea, Rest of Asia)
- Pacific Countries (Australia, New Zealand)

Middle East & Africa
- Middle East (Saudi, Qatar, UAE)
- Rest of Middle East (Africa, South Africa, Rest of Africa)

Detailed Regional Analysis
Currently, North America is the largest consumer of E-Cigarettes & Vaporizer in the world market. It is closely followed by Europe. Although, China began as the first market for E-Cigarettes & Vaporizer, the U.S. and developed markets from Europe became the prime consumers of E-Cigarettes & Vaporizer, due to which these two regions collectively account for over 80% of the world market. APAC will be growing at the fastest CAGR, accounting for more than 20% of the global e-cigarette market value by 2021. Significant revenue flow will be observed from China and India over the forecast period.

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