Press release
Future Outlook of E-cigarette Market is significantly Grow - Forecast 2025 | Top International Players - Japan Tobacco, Altria, VMR Product
The global E-cigarette Market is thoroughly analysed by covering major segments of the market. An in-depth market segmentation is covered below that reflects the vital elements included in the E-cigarette market research report. According to market is projected to grow at a stellar CAGR during the period of assessment, 2020-2024.Global E-cigarette Market overview:
The report of global E-cigarette Market includes the competitive landscape section which provides the full and in-depth analysis of the current market trends, changing technologies and developments that will be beneficial for the companies, which are competing in the market. The report offers an overview of revenue, demand, and supply of data, futuristic cost, and growth analysis during the projected the year.
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An E-cigarette is a device comprising a battery, an atomizer, and an inhaler, which provides similar experience of tobacco smoking without inhalation of smoke. The device is filled with solution containing nicotine or nicotine free liquid, which is heated and converted into vapor, and inhaled, and is considered less harmful as compared to conventional cigarettes. Presently, this device is being recognized as an alternative to conventional cigarettes, as it offers benefits such as zero smoke, no pollution, reduces health-related problems, and can be smoked at public places. Increase in awareness about harmful effects of conventional cigarettes, reduced tar, and carbon monoxide inhalation through electronic cigarette, growing affluence, and rise in technological developments by electronic cigarette manufacturers drive the growth of the market.
The Global E-cigarette Market is segmented on the basis of Product Type, Application, End Use Industry and Region. On the Basis of Product Type segment, the E-cigarette Market is sub segmented into With Screen, Without Screen. Based on End Use Industry segment, the E-cigarette Market is sub segmented into Online, Offline.
An e-cigarette is a battery-operated device that is considered as a safe alternative to smoking cigarettes. The industry is non-uniformly regulated as the effects of the devices are under review. Large tobacco companies have flourished by introducing these devices through various brands that cater to different requirements, thereby enhancing the product quality and level of customization. Moreover, emerging e-cigarette technologies, such as pod systems and squonk mods have increased its popularity in recent years.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
E-cigarette Market segmentation is also done on the basis of applications. Leading players of the industry have also been profiled with their recent developments and other strategic industry activities. A few top players in the industry are Imperial Tobacco, Reynolds American, Japan Tobacco, Altria, VMR Product, Njoy, 21st Century, Vaporcorp, Truvape, FirstUnion, Hangsen, Buddy Group, Kimree, Innokin, SHENZHEN SMOORE, SMOK.
Key Questions Answered in this Report:
1 What will the market size be in 2024?
2 What are the key factors driving the Global E-cigarette Market?
3 What are the challenges to market growth?
4 Who are the key players in the Global E-cigarette Market?
5 What are the market opportunities and threats faced by the key players?
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E-cigarette Market: Region-wise Outlook
Asia Pacific was a prominent market for E-cigarettes in 2016. Among the countries in Asia Pacific, the demand was substantially high in developing countries such as China and India. These countries have been witnessing rapid increase in its population along with expansion of their overall economies, which has led to increase in disposable income. Increased spending on home interiors is fuelling the E-cigarette market in Asia Pacific.
There are several manufacturers of E-cigarettes in Europe and North America. In North America, the demand for E-cigarettes is primarily driven by the residential sector. Improved standards of living and rising usage of E-cigarettes for flooring purpose are anticipated to drive the market in North America.
In Europe, the demand for E-cigarette is anticipated to be primarily from the commercial sector. E-cigarettes are being employed widely for flooring in commercial complexes, which is estimated be a major factor that is likely to propelling the consistent expansion of the E-cigarette market in the region.
Demand for E-cigarettes in Middle East & Africa is projected be primarily due to the utilization of E-cigarettes in the construction industry. In recent years, there has been exceptional growth in the construction industry of UAE and Egypt which has driven the market of E-cigarettes in the region of Middle East & Africa
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Table of Contents:
Global E-cigarette Market Report 2020
1 E-cigarette Definition
2 Global E-cigarette Market Major Player Share and Market Overview
3 Major Player E-cigarette Business Introduction
4 Global E-cigarette Market Segmentation (Region Level)
5 Global E-cigarette Market Segmentation (Product Type Level)
6 Global E-cigarette Market Segmentation (Industry Level)
7 Global E-cigarette Market Segmentation (Channel Level)
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