Press Release

Global E-cigarette Market is Expected to Reach US$ 20,000 Mn by 2025

Date : Oct 21, 2018

New report published by Global QYResearch which offers insights on the Global E-cigarette Market. The E-cigarette market has been experiencing rapidly growth graph since past years. During the 2017-2025 timeline, the global market for E-cigarette is expected to reflect a 4.2x increase in the revenue growth. In 2018 the global E-cigarette market was valued at US$ 6,600 Mn and by the end of the assessment year (2025), it is estimated to touch a value more than US$ 20,000 Mn growing at a value CAGR of 17% throughout the period of forecast.

Global E-cigarette Market: Market Driver and Restraint

The health risks of e-cigarettes are uncertain. They are likely safer than tobacco cigarettes, but are of unclear effect in relation to other methods of stopping smoking. Their long-term health effects are not known. They may help some smokers quit. When used by non-smokers, e-cigarettes can lead to nicotine addiction, and there is concern that children could start smoking after using e-cigarettes.

In 2012, the international tobacco giants laid out the e-cigarette industry and caused many acquisitions and other industry mergers and acquisitions. At the same time, the market has been reshuffled. With the stricter smoking bans in various countries, e-cigarettes will usher in better development.

Global E-cigarette Market: Key Takeaways

An electronic cigarette or e-cigarette is a handheld electronic device which vaporizes a flavored liquid. The user inhales the vapor. Using e-cigarettes is sometimes called vaping. The liquid in the e-cigarette, called e-liquid, is usually made of nicotine, propylene glycol, glycerine, and flavorings. Not all e-liquids contain nicotine.

Global E-cigarette Market: Forecast by Type

The classification according to the material of E-cigarette includes with Screen, Without Screen, and the proportion of Without Screen in 2017 is about 85%, and the proportion is in decreasing trend from 2013 to 2017.

Global E-cigarette Market: Forecast by Application

E-cigarette is widely sales through online and offline. the most proportion of E-cigarette is sales through offline, and the proportion in 2017 is about 75.6%.

Global E-cigarette Market: Forecast by Region

North America, Latin America, Eastern Europe, Western Europe, APEJ, Japan and MEA are the seven regions that are included in this report. North America is the largest sales place, with a sales market share nearly 40% in 2017. Europe enjoys 28% market share.

Asia-Pacific is the region offering ample growth opportunities for the vendors. Large population coupled with increasing urbanization has been propelling the demand in the region. China has been the forerunner in the regional e-cigarette industry, with an estimated 9.7% share in 2017. After the U.S. and the U.K., China is estimated to be the third largest e-cigarette market globally in 2017, which is further expected to grow during the forecast period.

Global E-cigarette Market: Key Players

  • Imperial Tobacco
  • Reynolds American
  • Japan Tobacco
  • Altria
  • VMR Product
  • Njoy
  • 21st Century
  • Vaporcorp
  • Truvape
  • FirstUnion
  • Hangsen
  • Buddy Group
  • Kimree
  • Innokin
  • SHENZHEN SMOORE
  • SMOK

Would like to place an order or any question, please feel free to contact at sales@amecoresearch.com | +44 20 3286 1546