The global e-cigarette market is anticipated to grow at a significant CAGR of 17.3% during the forecast period. The e-cigarette has been around for a while and it has gained a lot of attention in the past few years as an alternative to smoking. It offers some of the difference which makes it a better option, ultimately growing the demand across the globe. There are several differences between cigarettes and e-cigarettes, some of them includes-
- The e-cigarette is Less Harmful- One of the most emphasized differences between them is the less harmfulness of e-cigarettes, which has impacted the market the most. E-cigarettes heat nicotine is extracted from tobacco, flavorings, and other chemicals to form an aerosol for the consumer to inhale. Regular tobacco cigarettes occur 7,000 chemicals, while e-cigarette has fewer chemicals.
- Reusability- These products can be reused or recharged or refilled which makes the e-cigarette much more appealing to multiple consumers. This reduces the overall cost, and time, and can be used anytime.
- Aesthetically looks much modern: These products look much more modern than regular cigarettes which appeal to most of the youth. It has also been absorbed that most of the e-cigarette users are young which indicates it the growing demand for youngsters is high.
- All these differences have been driving the market and anticipating significant growth in the future during the forecast period.
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Market Coverage
- Base year- 2022
- Forecast period- 2023-2029
Segment Covered-
- By Type
- By Mode
- By Distribution Channel
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- including BAT group, Imperial Brands PLC, JT International SA, Juul Labs, Inc., Philip Morris International, and others.
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E-Cigarette Market Report Segment
By Type
- Disposable
- Rechargeable
- Modular
By Mode
- Automatic
- Manual
By Distribution Channel
- Online
- Offline
E-Cigarette Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Healthier Choices Management Corp.
- Innokin Technology Ltd.
- JWei Intelligent Technology Co., Ltd
- Jwell France
- NicQuid, LLC
- NJOY, LLC
- Reynolds American Inc. (RAI)
- Ritchy Group Ltd.
- Turning Point Brands, LLC
Reasons to buy from us –
- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
- Our expert research analysts answer all your questions before and after purchasing your report.
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