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The Global E-cigarettes Market is projected to grow at a CAGR of around 3.3% during the forecast period, i.e., 2023-28. The growth of the market is likely to be driven primarily by the increasing urge in consumers to quit smoking tobacco products as well as their perception of e-cigarettes as a less risky alternative to traditional cigarettes owing to benefits, including no smoke & pollution, reduced health-related issues, and the ability to smoke in public areas.<br><br>
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Global E-Cigarette Market Research Report: Forecast (2023-2028) • GET UPDATED SAMPLE REPORT • MARKNTEL ADVISORS
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Market Insights The Global E-cigarettes Market is projected to grow at a CAGR of around 3.3% during the forecast period, i.e., 2023-28. The growth of the market is likely to be driven primarily by the increasing urge in consumers to quit smoking tobacco products as well as their perception of e-cigarettes as a less risky alternative to traditional cigarettes owing to benefits, including no smoke & pollution, reduced health-related issues, and the ability to smoke in public areas. More & more people are becoming aware of the harmful effects of conventional tobacco-based cigarettes, owing to which e-cigarettes are gaining traction, especially among the young generation & adolescents. Several small companies that offer effective vaping products & e-liquids are developing a sizable consumer base, and to keep their prices low, they are typically outsourcing e-cigarette production to China.
Market Segments By Type (Completely Disposable Model, Rechargeable but Disposable Cartomizer, Personalized Vaporizer), By Battery Mode (Automatic E-cigarette, Manual E-cigarette), By Flavour (Tobacco, Botanical, Fruit, Sweet, Beverage, Others), By Distribution Channel (Online Retail, Offline Retail), By Region (North America, South America, Europe, Middle East & Africa, Asia-Pacific), By Company (British American Tobacco PLC, Philip Morris International Inc., Altria Group, Inc., Imperial Brands PLC, JWEI Group, J Well France, Japan Tobacco Inc., Ritchy Group Limited, Juul Labs Inc., Innokin Technology, NJOY Inc., R. J. Reynolds Vapor Company, Shenzhen Kanger Technology Co., Ltd, NicQuid, Others)
Top Companies (British American Tobacco PLC, Philip Morris International Inc., Altria Group, Inc., Imperial Brands PLC, JWEI Group, J Well France, Japan Tobacco Inc., Ritchy Group Limited, Juul Labs Inc., Innokin Technology, NJOY Inc., R. J. Reynolds Vapor Company, Shenzhen Kanger Technology Co., Ltd, NicQuid, Others
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MarkNtel Advisors Target Geographies- Focus Areas • MarkNtel has strategically defined its target areas which are based on evaluation by its analysts after analysing the growth potential of various regions. Few of those parameters include: • -Political, Economic, Social, Technological and Environmental Analysis • -Credit Ratings provided by leading institutions • -GDP projections by bodies such as the World Bank, IMF, OECD, etc. • -Market Disruptions and the “Next Big Things”
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