Global E-Liquid Market 2022 Segmentation, Statistics, Top Manufacturers, Regional Analysis and Forecast to 2030

SDKI Inc. published a new research report on "Global E-Liquid Market-Forecast 2022-2030" .The report provides a complete assessment of the market and its growth prospects, along with new business opportunities in the industry. It also includes market size and annual growth during the 2022-2030 forecast period.

Report sample URL
https://www.sdki.jp/sample-request-111618

The E-Liquid market is estimated to reach US $ 3.71 billion by 2030 from a market value of US $ 1.54 billion in 2022 and is expected to grow at a CAGR of 13.4% during the 2022-2030 forecast period.

E-Liquid consists of propylene glycol (PG), water, fragrance, vegetable glycerin (VG), and nicotine. It has been. This E-Liquid comes in tanks and vials used in open system e-cigarette devices that can only be refilled with bottled E-Liquid. It's much cheaper and less harmful than smoking a cigarette. Increasing adoption of safer alternatives to smoking around the world, as well as increasing people's health awareness of smoking, are several factors driving the growth of the E-liquid market during the forecast period. However, strict government regulations imposed on the use of E-liquids may curb the growth of the global E-liquid market during the forecast period.

Sample URL of the report
https://www.sdki.jp/sample-request-111618

In September 2019, the US government banned flavored e-cigarettes to counter the significant increase in the number of teenage e-cigarettes. The government has also banned the sale of dessert, fruit and mint-flavored products in the United States. In addition, the United States has banned businesses by stopping the sale of non-tobacco flavors in the country. In November 2019, JUUL Labs, Inc. stopped selling non-menthol-based and non-cigarette flavors in the United States.

E-Liquid Market Segment

The E-Liquid market is divided by type (prefilled and bottled), flavor size (menthol, tobacco, desserts, fruit nuts, chocolate, etc.), distribution channel (online and retail), and region. These segments are further subsegmented based on various factors and consist of some additional information about the market, such as the combined annual growth rate of each segment and subsegment, the market value and volume of the valuation period.

Based on flavor size, the market is divided into menthol, tobacco, desserts, fruit nuts, chocolate and more. The tobacco segment dominates the market and has the largest revenue share in 2020. This may be due to the growing demand for tobacco-flavored E-liquids among smokers to provide a real tobacco smoking experience. In addition, increased consumption of tobacco products between students and females is expected to drive the growth of the tobacco segment during the forecast period.

Details of the survey report
https://www.sdki.jp/reports/e-liquid-market/111618

Regional Overview of the E-Liquid Market

In addition, the report covers all regions of the world, divided into North America, Europe, Asia Pacific, Latin America, Middle East & Africa and more. North America is a world-leading region. This is due to the presence of major vendors in the region such as JUUL Labs, Inc., Philip Morris International Inc., Turning Point Brands, Inc. and Nicquid. Meanwhile, the Asia Pacific E-Liquid market is expected to show the highest growth rate / CAGR during the 2022-2030 forecast period. Factors such as an increase in the number of lung cancer cases due to increased cigarette smoking and the high taxes imposed on traditional Japanese tobacco are driving the growth of the E-liquid market in the region.

Contact Us

Hina Miyazu
15/F Cerulean Tower, 26-1 Sakuragaoka-cho
Tokyo, Shibuya-ku, Japan
+ 81345720790
sales@sdki.jp

SDKI Inc. Company Profile

SDKI Inc.'s goal is market scenarios in various countries such as Japan, China, the United States, Canada, the United Kingdom, and Germany. Is to clarify. We also focus on providing reliable research insights to clients around the world, including growth indicators, challenges, trends and competitive environments, through a diverse network of research analysts and consultants. With SDKI gaining trust and a customer base in more than 30 countries, SDKI is even more focused on expanding its foothold in other pristine economies.

This release was published on openPR.