E-Cigarette Market 2016-2027 Increasing Health Awareness, Advancement in Electronic Device Technology, Smoke & Ash Less Vaping
Global E-Cigarette Market
E-Cigarette Market, E-Cigarette Industry, E-Cigarette Market 2017, E-Cigarette Market 2022, E-Cigarette Market Future, MarketResea
North America- North America is considered as the largest revenue generator in the Global E-cigarette market, with a major share contributed by the US. The relentless growth of the market can be primarily credited to the non-uniformity of regulations and the growing perception of e-cigarettes as possible smoking Cessation aid. Moreover, the study of the competitive landscape in the US has brought forward the occurrence of some of the giant e-cigarette brands which are rolled out by tobacco giants such as Philip Morris, Altria, and Lorrilard and among others.
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Global E-Cigarette & Vaporizer Market: Key Players
The key players present in the Global E-Cigarette & Vaporizer Market Include Altria Group, INC, Ballantyne Brands, LLC, British American Tobacco Plc (Bat), CB Distributors, Bull Smoke, INC, Cigavette, Clearette Electronic Cigarette Co, Cloudcig, Gamucci Electronic Cigarettes, Electronic Cigarettes International Group, Fontem Ventures, Fin Branding Group LLC and others.
The e-cigarette industry has come into limelight after 2012, when the tobacco giant Lorillard acquired the US based e-cigarette company, ‘Blu Ecigs’. The market was then taken over by the top tobacco giants through a series of mergers & acquisitions which has brought immediate value to the fledgling market.
Description of E-Cigarette & Vaporizer Market
The E-Cigarette (Electronic Cigarette) was first introduced in the year 2003, by Hon Lik in China and was available commercially in the market by 2006. The recognition of e-cigarettes touched instant base with the US and European markets. Since then this industry has been growing at a rapid pace convincing players from Tobacco industry and Pharmaceutical industry to implement several strategies to grow and sustain in the market.
Future Scope of E-Cigarette Market
The giants of tobacco companies has started competing aggressively by acquiring the top e-cigarettes brands and rolled out their own brands in the market with newer and advanced technological products. Furthermore, an overall non-uniformity of regulation and taxation policies has allowed large number of players to enter into the market.
Regional Analysis of E-Cigarette Market
Asia-Pacific- Asia Pacific prolongs to be the manufacturing center for e-cigarette industry, making the region a predictable player in the supply side. More than 78% of the global production of e-liquids and e-cigarettes is done in China. On the other hand, a major share of the production and manufacturing are meant for export to the US and European market. Many Asian countries are ranked very high in the global tobacco consumption and the government is taking initiatives to bring turn down in such country’s smoking population.
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Table of Content
2 Research Methodology
3 Global E-cigarette & Vaporizer Market: Overview
4 Market Dynamics
5 GLOBAL E-CIGARETTE & VAPORIZER MARKET : VALUE/SUPPLY CHAIN ANALYSIS
6 GLOBAL GLOBAL E-CIGARETTE & VAPORIZER MARKET : PORTER'S 5 FORCES ANALYSIS
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Market Research Future introduces about Global E-Cigarette & Vaporizer Market during the forecast period 2017-2027 which mainly includes the growth drivers, trends and restraints and how the market will grow in the future across the globe. In this report, Market Research Future has focused on the current market scenario which includes market segmentation, market dynamics, and competitive landscape along with company profiles.
Every report of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report also gives a broad study of the different market segments and regions.
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