Global E-Cigarette Market 2025: Top Brands Are PHILIP MORRIS INTERNATIONAL INC., HEALTHIER CHOICES MANAGEMENT CORP, MCIG, INC., ITC LIMITED, ALTRIA GROUP

Global E-Cigarette market report provides all essential information and deep analysis of major factors responsible for the development of the Global E-Cigarette Market Its actionable insights demonstrates a broad overview of trade knowledge and key Information like Key Manufacturers, Types, Application, Table of Content, SWOT examination etc. of the market. These data help the Buyer know about the competitors better. This Report talk about ongoing item advancements and gives a diagram on potential provincial pieces of the pie.

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Top merchant analysis is one of the key component and is exceptionally helpful for each player to comprehend focused scene in the market.

Major Brand companies present in Global E-Cigarette market report are:

PHILIP MORRIS INTERNATIONAL INC., HEALTHIER CHOICES MANAGEMENT CORP, MCIG, INC., ITC LIMITED, ALTRIA GROUP, INC., REYNOLDS AMERICAN INC., JAPAN TOBACCO, INC., CLOUDCIG, IMPERIAL TOBACCO GROUP, 

 

E-Cigarette Market Report Highlights:

The global E-cigarettes market was valued at USD 10.104 billion in 2017, and is expected to reach a value of USD 30.095 billion by 2023, at a CAGR of 20.19%, over the forecast period (2018 - 2023). The e-cigarette market has witnessed a significant growth over the past decade, owing to the growing health concerns over the usage of conventional tobacco-based cigarettes. Increasing adoption of e-cigarettes has created a market for disposable, reusable, and customizable e-cigarettes. The market is evolving at a fast pace and is expected to see innovation in vapor delivery and other systems in the years to come.

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Increasing Health Concerns among the Smoking Population Driving the Market 

According to the Center for Disease Control and Prevention, tobacco is the primary cause of preventable deaths in the United States. It has been reported that more than 16 million of the US population suffer from diseases caused by smoking. Tobacco contains over 7,000 chemicals in tobacco smoke, out of which, at least 250 are known to be harmful, including chemicals like hydrogen cyanide, ammonia, and carbon monoxide. Tobacco contains at least 69 cancer-causing chemicals. This has caused serious concerns among various governments and organizations conducting awareness programs to halt the usage of tobacco. E-cigarettes are considered to be less toxic and safer than a conventional tobacco cigarette, which has made e-cigarette a viable alternative. A research study concluded that the people who smoked only e-cigarettes had similar levels of carcinogens to people using nicotine-replacement therapies, and had much lower toxicity levels than people who only smoked cigarettes. This is expected to be one of the driving factors for people opting e-cigarettes over conventional cigarettes. Disposable e-cigarettes offer the same amount of emanation as two packs of traditional tobacco cigarettes, which make the former very economical. The reduced toxicity levels, combined with cost concerns, are driving the e-cigarette market forward in many regions.

Automatic E-cigarettes are Dominating the Market Landscape

Automatic e-cigarettes are similar in operation to that of conventional tobacco cigarettes. Automatic e-cigarettes are relatively easier to use as they have an in-built switch that gets activated each time the user draws on the e-cigarette. Thus, the users can easily get their nicotine dose without going through the hassle of complicated buttons or mods on the unit. With the automatic e-cigarette battery, one can smoke by simply adjusting the cartomizer on the unit. 

Automatic e-cigarettes are activated by inhaling, and thus, simulate the experience of smoking a traditional cigarette. The ease in usage has rendered automatic e-cigarettes to be the most popular type of electronic cigarettes in the market. They also have very low electricity consumption, which allows for a comparatively longer vaping period between charges. These advantages have heavily influenced consumers’ preference for purchasing automatic electronic cigarettes. The growth of these models is further facilitated by the majority of new users adapting to using the automatic battery version instead of the manually operated cigarettes. However, they have certain limitations, such as the vulnerability to liquid leaks and the need for priming the device before usage, which are the primary reasons for the low growth rate of automatic e-cigarettes in the market, as compared to manual cigarettes.

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E-Cigarette market report is an entire guide for new competitor to comprehend the market patterns and plan the business likewise. It covers the market scene and its development prospects over the coming years, the Report talk about ongoing item advancements and gives a diagram on potential provincial pieces of the pie. The report delivers a complete panoramic view of the E-Cigarette Market. The primary approach discusses through an impression of the market. This section of the report includes numerous arrangements, definitions, the industry chain, and the various significant aspects of the global market.

Key Developments in the Market

• July 2017 - British American Tobacco acquired remaining 57.8% of Reynold American Inc. This acquisition is expected to create a strong global tobacco and next-generation products and the company is focused on delivering long-term profit growth and returns. 
• July 2017 - Phillip Moris International planned to invest approximately EUR 490 million to transform its cigarette production factory in Otopeni, near Bucharest, Romania, into a high-tech facility to manufacture HEETS, the tobacco units used with the electronic tobacco heating device, IQOS.
• March 2017 - Vapor Corp. changed its corporate name to Healthier Choices Management Corp., to reflect its focus on managing healthy food markets and other healthier lifestyle alternatives. 

Major Points from Table of Contents:

1 Executive Summary

2 Preface

2.1 Abstract

2.2 Stake Holders

2.3 Research Scope

2.4 Research Methodology

2.4.1 Data Mining

2.4.2 Data Analysis

2.4.3 Data Validation

2.4.4 Research Approach

2.5 Research Sources

2.5.1 Primary Research Sources

2.5.2 Secondary Research Sources

2.5.3 Assumptions

3 Market Trend Analysis

3.1 Introduction

3.2 Drivers

3.3 Restraints

3.4 Opportunities

3.5 Threats

3.6 Product Analysis

3.7 Technology Analysis

3.8 End User Analysis

3.9 Emerging Markets

3.10 Futuristic Market Scenario

4 Porters Five Force Analysis

4.1 Bargaining power of suppliers

4.2 Bargaining power of buyers

4.3 Threat of substitutes

4.4 Threat of new entrants

4.5 Competitive rivalry

5 Global E-Cigarette Market, By Product

5.1 Introduction

5.2 Hardware

5.3 Software

5.4 Services

5.4.1 Training and Education

5.4.2 Risk and Threat assessment

5.4.3 Managed Security Services

5.4.4 Design and Integration

5.4.5 Other Services

6 Global E-Cigarette Market, By Technology

6.1 Introduction

6.2 Cryptography

6.3 Content Filtering

6.4 Access Control Technology

6.5 Authentication Technology

7 Global E-Cigarette Market, By End User

7.1 Introduction

7.2 Retail

7.3 Telecom & IT

7.4 Manufacturing

7.5 Aerospace, Defense, and Intelligence

7.6 Information and communication technology (ICT)

7.7 Healthcare

7.8 Transportation

7.9 Education

7.10 Government

7.11 Banking, Financial services and Insurance (BFSI)

7.12 Other End Users

8 Global E-Cigarette Market, By Geography

8.1 Introduction

8.2 North America

8.3 Europe

8.4 Asia Pacific

8.5 South America

8.6 Middle East & Africa

9 Key Developments

9.1 Agreements, Partnerships, Collaborations and Joint Ventures

9.2 Acquisitions & Mergers

9.3 New Product Launch

9.4 Expansions

9.5 Other Key Strategies

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Market is changing rapidly with the ongoing expansion of the industry. Advancement in the technology has provided today’s businesses with multifaceted advantages resulting in daily economic shifts. Thus, it is very important for a company to comprehend the patterns of the market movements in order to strategize better. An efficient strategy offers the companies with a head start in planning and an edge over the competitors. 

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Mr. Ajay More

Phone: US +1 424 253 0807/ UK +44 20 3239 8187

Email: sales@marketreportsworld.com

 

 

 

 

 

Market is changing rapidly with the ongoing expansion of the industry. Advancement in the technology has provided today’s businesses with multifaceted advantages resulting in daily economic shifts. Thus, it is very important for a company to comprehend the patterns of the market movements in order to strategize better. An efficient strategy offers the companies with a head start in planning and an edge over the competitors. 

CONTACT US

Mr. Ajay More

Phone: US +1 424 253 0807/ UK +44 20 3239 8187

Email: sales@marketreportsworld.com

This release was published on openPR.