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E-Cigarettes & Vaporizer Market
E-Cigarettes & Vaporizer Market Size is anticipated to reach USD 182.85 Billion by 2030, registering a CAGR of 29.50% during 2020-2030.
- DASH VAPES
- HUBBLY BUBBLY
- NICE VAPOR.
- PACIFIC SMOKE INTERNATIONAL
- PUFF ECIG
- SIMPLE VAPE CO. LONDON LTD
- VAPE ESCAPES
- VAPOR LINE
- Growing awareness about the ill effects of tobacco
Market Synopsis of E-Cigarettes & Vaporizer Market
Globally, the consumption of tobacco has become a critical issue despite several government initiatives to increase awareness about the health issues caused by consuming tobacco. Consumers addicted to tobacco find it difficult to get rid of the addiction and would require an alternative to tobacco. This in turn has turned out to be one of the major drivers for the growth in the E-Cigarettes and vaporizer market.
The global E-Cigarettes & Vaporizer Market is expected to grow at a CAGR of over 25.0% over the period of 2016 to 2021.
- Globally, the North America region accounted for the largest market share in E-Cigarettes & Vaporizer followed by Europe.
- Growing awareness about the ill effects of tobacco coupled with consumers’ preference for e-cigarettes over conventional cigarettes out of their will to quit tobacco has driven the market in North America and Europe over the past few years.
- Disposable e-cigarettes have accounted for the largest market size by product type in 2015 accounting for nearly 30% of the market size closely followed by rechargeable e-cigarettes.
- personal vaporizers will grow at a CAGR of over 23.5% through the forecast period
Segmentation by Product Type
Disposable E-Cigarette, Rechargeable E-Cigarette, EGO and Tanks, Personal Vaporizers and Mods and Others.
Regional Analysis of E-Cigarettes & Vaporizer Market:
Globally, North America, with U.S. being the largest consumer in the world will dominate the market throughout the forecast period; APAC will be growing at the fastest CAGR, accounting for more than 20% of the global e-cigarette market value by 2021. Significant revenue flow will be observed from China and India over the forecast period.
Some of the major players in the Global E-Cigarettes & Vaporizer Market include DASH VAPES, HUBBLY BUBBLY, LIQUIDEU, NICE VAPOR., PACIFIC SMOKE INTERNATIONAL, PUFF ECIG, SIMPLE VAPE CO. LONDON LTD, SMOKIO., VAPE ESCAPES, And VAPOR LINE.
Objective Study of E-Cigarettes & Vaporizer Market
- To provide detailed analysis of the E-Cigarettes & Vaporizer market along with historic data from 2011 and forecast for the next 5 years of the various segments and sub-segments of the global E-Cigarettes & Vaporizer Market
- To provide insights into the factors affecting the global market growth.
- To analyze the E-Cigarettes & Vaporizer market on the basis of factors such as price analysis, supply chain analysis, and Porter’s five force analysis.
- To provide historic and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).
- To provide country-level analysis of the market with respect to the current market size and prospective by 2021
- To provide country-level analysis of the market for segments by product type of E-Cigarettes and Vaporizes.
- To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global E-Cigarettes & Vaporizer market.
- Rest of Europe
- Rest of Asia Pacific
Rest of the World
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Frequently Asked Questions (FAQ) :
E-cigarettes & vaporizer market is expected to flourish at 25% CAGR from 2016 to 2021.
Awareness of side-effects of smoking and preference of e-cigarettes over conventional ones are major drivers of the global e-cigarettes & vaporizer market.
In ‘type’, disposable e-cigarettes can dominate the global e-cigarettes & vaporizer market.
North America can dominate the global e-cigarettes & vaporizer market due to need for smoking cessation.
Simple Vape Co. London Ltd, Pacific Smoke International, Hubbly Bubbly, Dash Vapes, Liquideu, Vapor Line, Vape Escapes, Nice Vapor, PUFF ECIG, and Smokio are major players of the global e-cigarettes & vaporizer market.