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e-Cigarette and Vaporiser an alternative to traditional tobacco cigarettes- Says Study

08-31-2016 12:16 PM CET | Health & Medicine

Press release from: Beige Market Intelligence

“Consumers' perception of vapor products as an alternative to traditional tobacco cigarettes” is a major driving factor of

vaporizer and e-cigarette market says a recent research report published at Beige Market Intelligence.

e-Cigarette and Vaporizer

A vapor product, which is commonly known as e-cigarette , is a battery-operated device and has been considered as an alternative to traditional tobacco cigarettes. It gives an experience of tobacco smoking without inhaling the smoke. A user inhales the vaporized nicotine that is emitted by the device. Vapor products are smoke and tobacco-free consumer products. They are also designed and used as a tobacco harm reduction (THR) product and are sold as medical devices in several countries. Although e-cigarette and vaporizer are considered as an effective method for quitting smoking, there is no scientific conclusive evidence to prove that.

e-Cigarette and Vaporizer -key market drivers

The recent market research report released on Global Vape (Vaporizer and e-cigarette) Market-Strategic Assessment and Forecast till 2021 gives an in depth analysis of the present scenario and growth aspect of the vape market till the forecast period. Some of the major driving factors of the e-cigarette and Vaporizer market are

Consumers' perception of vapor products as an alternative to traditional tobacco cigarettes

There is an increased desire among consumers worldwide to quit smoking. The global sales volume of traditional cigarettes has declined over the years due to increasing sales of vapor products. Campaigns to avoid traditional cigarettes are creating awareness among the people to quit cigarettes. In that scenario consumers are looking for an alternative which is vaporiser and e-cigarette products.

“Many consider vapor products as a healthier alternative to tobacco smoking” says the analysts. They are considered as a medical product in many countries such as Sweden, therefore; end-users are opting for them.

Increase in availability of vapor products at distribution outlets

A variety of factors may affect the availability of vapor products in retail stores worldwide. Several types of stores have different revenue models for tobacco product sales; e.g., supermarkets and pharmacies. The demand for vapor products is increasing worldwide due to the increase in the number of distribution outlets. A few years ago the vapor products market generated a major portion of its revenue from online sales.

Other major factors are also been outlined in the report.The market research report also provides the Porter’s five forces analysis along with a description of each of the forces and its impact on the market.

The report also gives a details of the market size and the key restraints and major vendors of the market. This market research report profiles the major companies in the market and also provides the competitive landscape and market share of key players.

The report covers the entire market outlook regarding the value chain operating within the market. The major players in the market include Altria Group, British American Tobacco (BAT), Imperial Brands (earlier Imperial Tobacco), Japan Tobacco, NJOY, and Reynolds American.

Other prominent vendors in the market include Ballantyne Brands, CB Distributors, Gamucci, Nicotek, RRR Chemicals, Vapor, ECIG, VMR Products, and White Cloud among others.

For more information:
http://www.beigemarketintelligence.com/reports/research-report-consumer-and-retail-market/vape-ecigarette-vaporizer-market-research-report/

About Beige Market Intelligence

We are a new-age provider of competitive business intelligence, working across various industry verticals. Our expertise and knowledge ensures that the market analysis Beige provides is comprehensive, detailed and complete. The analysis helps our client organizations become aware and make educated decisions, as far as investing or devising a marketing strategy is concerned. The actionable insights delivered through our market research provide a comprehensive market analysis for every level of market segmentation in an industry. Beige Market Intelligence is a quality driven high end Market Research organization. Our team of experts ensure the analysis you receive is not just analyzed and smartly presented, but is completely customized based on the client’s requirement. Our deliverables guarantee our current global client base does not look beyond Beige when it comes to any kind of industry and market analysis.

Contact
Beige Market Intelligence
Address: Chinnapannahali,Doddanekundi Main Road
Bangalore-560037
US: +1 347 903 9949

UK: +44 20 323 99499

APAC: +91 99 012 75473

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