Press release
Global E-Cigarette Market Report to Share Key Aspects of the Industry with the Details of Influence Factors to Reach CAGR of 22% having Focus On Key Players: JUUL Labs, British American Tobacco, Altria, Philip Morris International & Imperial Brands PLC
Request Sample Copy of Report :: https://www.psmarketresearch.com/market-analysis/e-cigarette-market/report-sample
Based on product, the e-cigarette market has been broadly categorized into cig-a-like, vaporizer, and vape mod. The market for vape mod is expected to witness the fastest CAGR, of around 22%, during the forecast period. Customizable vape mods are becoming a popular choice among ex-smokers, current smokers, and new smokers.
APAC is the region offering ample growth opportunities for the vendors. Large population coupled with increasing urbanization has been propelling the demand for e-cigarettes in the region. China was the forerunner in the regional e-cigarette industry, with around 40% share in 2017.
E-cigarettes are being adopted by consumers as an alternative to tobacco cigarettes, as they are considered to be less toxic and safer than conventional cigarettes. Consumers are focusing on replacing conventional cigarettes with healthier and less chemical vaping technology, which will pose ample of growth opportunities for market players in the coming years.
Innovations and advancements in technology are expected to pave the way for next-generation products. Traditional tobacco manufacturers across the globe are moving into design, development, production, and sale of vaping products because of the increased interest of people in these products and the growing demand for tobacco cigarette alternatives.
Read summary of report here :: https://www.psmarketresearch.com/market-analysis/e-cigarette-market/
Some of the key players operating in the e-cigarette market are JUUL Labs, Inc., British American Tobacco plc, Altria Group Inc., Japan Tobacco Inc., Imperial Brands plc, Philip Morris International Inc., VMR Products LLC, NJOY Inc, International Vapor Group, Vapor Hub International, Inc., and FIN Branding Group LLC.
Global E-Cigarette Market Segmentation
By Product
• Cig-a-like
o Disposable
o Rechargeable
• Vaporizer
o Open Tank
o Closed System
• Vape Mod
E-Cigarette Market Segmentation by Distribution Channel
• Vape shops
• Supermarkets
• Online
• Tobacconists
About P&S Intelligence
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
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