Electronic cigarette Market Analysis by Key Players(Altria Group, British American Tobacco, Imperial Brands) Trends & Development forecast to 2023

The global electronic cigarette market is expected to garner $26,839 million by 2023, from $8,610 million in 2016, registering a CAGR of 17.4% from 2017 to 2023. An electronic cigarette is a battery-operated device that emanates dosages of vaporized nicotine or non-nicotine solutions for the user. It aims to provide a similar sensation to inhaling tobacco smoke, without the smoke. Electronic cigarettes are marketed as e-cigarettes, e-cigs, electronic nicotine delivery systems, vaporizer cigarettes, and vape pens. Various smokers opt to electronic cigarette as a way to stop or cut down on smoking.

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Electronic cigarette provides consumers with smoke and ash less vaping, thereby making it socially acceptable. Electronic cigarette is less harmful than regular cigarette, which causes reduced health issues as compared to tobacco smoking thereby driving the market growth. Change in lifestyle and preferences, and increased affluence of people in emerging economies is further anticipated to driving the growth of market.

Electronic cigarette provides consumers with smoke and ash less vaping, thereby making it socially acceptable. Electronic cigarette is less harmful than regular cigarette, which causes reduced health issues as compared to tobacco smoking thereby driving the market growth. Change in lifestyle and preferences, and increased affluence of people in emerging economies is further anticipated to driving the growth of market.

The Market Growth Insight delivers well-researched industry-wide information on the Electronic Cigarette market. It provides information on the market’s essential aspects such as top participants, factors driving Electronic Cigarette market growth, precise estimation of the Electronic Cigarette market size, upcoming trends, changes in consumer behavioural pattern, market’s competitive landscape, key market vendors, and other market features to gain an in-depth analysis of the market. Additionally, the report is a compilation of both qualitative and quantitative assessment by industry experts, as well as industry participants across the value chain. The report also focuses on the latest developments that can enhance the performance of various market segments.

Competitive Spectrum of the Electronic Cigarette Market Encompasses Companies such as:
Altria Group, British American Tobacco, Imperial Brands, International Vapor Group, Japan Tobacco, Nicotek Llc, Njoy Inc., Philip Morris International Inc., Reynolds American Inc., Vmr Flavours Llc

By Product Type
• Disposable
• Rechargeable
• Modular

By Flavor
• Tobacco
• Botanical
• Fruit
• Sweet
• Beverage
• Others

By Distribution Channel
• Specialist E-cig Shops
• Online
• Supermarkets
• Tobacconist
• Others

COVID-19, the disease it causes, surfaced in late 2020, and now had become a full-blown crisis worldwide. Over fifty key countries had declared a national emergency to combat corona virus. With cases spreading, and the epicentre of the outbreak shifting to Europe, North America, India and Latin America, life in these regions has been upended the way it had been in Asia earlier in the developing crisis. As the corona virus pandemic has worsened, the entertainment industry has been upended along with most every other facet of life. As experts work toward a better understanding, the world shudders in fear of the unknown, a worry that has rocked global financial markets, leading to daily volatility in the U.S. stock markets.

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Key Target Stakeholders Covered in Study:
==> Electronic Cigarette Manufacturers
==> Global Electronic Cigarette Distributors/Traders/Wholesalers
==> Electronic Cigarette Component / Raw Material Producers
==> Downstream Vendors

Electronic Cigarette Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America

The analysis objectives of the report are:
• To equitably share in-depth info regarding the crucial elements impacting the increase of industry (growth capacity, chances, drivers and industry specific challenge and risks).
• To know the Electronic Cigarette Market by pinpointing its many sub segments.
• To profile the important players and analyze their growth plans.
• To endeavour the amount and value of the Electronic Cigarette Market sub-markets, depending on key regions (various vital states).
• To analyze the Global Electronic Cigarette Market concerning growth trends, prospects and also their participation in the entire sector.
• To examine and study the Global Electronic Cigarette Market size (volume and value) form the company, essential regions/countries, products and applications, background information and also predictions to 2025.
• Primary worldwide Global Electronic Cigarette Market manufacturing companies, to specify, clarify and analyze the product sales amount, value and market share, market rivalry landscape, SWOT analysis and development plans for the next coming years.
• To examine competitive progress such as expansions, arrangements, new product launches and acquisitions on the market.

Key points from Table of Content:
Chapter 1 Introduction
Chapter 2 Key takeaways
Chapter 3. Electronic Cigarette Market landscape
Chapter 4. Electronic Cigarette Market Key industry dynamics
Chapter 5.Electronic Cigarette Market – global market analysis
Chapter 6. Electronic Cigarette Market revenue and forecasts to 2025 – installation type
Chapter 7. Electronic Cigarette Market revenue and forecasts to 2025 – end-user
Chapter 8. Electronic Cigarette Market revenue and forecasts to 2025 – geographical analysis

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