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Electronic Cigarette (e-cigarette) Market Size, Industry Growth – Global Market Research Report 2017 - 2023

Electronic Cigarette Market - Global Opportunity Analysis and Industry Forecast 2107-2023

 

Portland, OR -- (SBWIRE) -- 08/18/2017 -- An electronic cigarette (e-cigarette) is an electronic device comprising a battery, an atomizer, and an inhaler, which provides similar experience of tobacco smoking without inhalation of smoke. The device is filled with liquid solution containing nicotine, which is heated and converted into vapor, then inhaled, delivering the same amount of nicotine in a manner that is not harmful as compared to conventional cigarettes. Presently, this device is being recognized as an alternative of conventional cigarettes, as it offers benefits such as zero smoke, no pollution, reduces health-related problems, and can be smoked at public places. (vape market research)

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The global electronic cigarette market is segmented based on type, flavor, and geography. By type, the market is categorized into modular, disposable, and rechargeable. On the basis of flavor, it is classified into tobacco, botanical, fruit, sweet (caramel and honey), beverages, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. (vape industry statistics)

Electronic Cigarette Market by Type
- Modular
- Disposable
- Rechargeable

Prominent players profiled in the report include Altria Group, Inc. British American Tobacco Plc., Japan Tobacco Inc., Imperial Brands Plc., Philip Morris International Inc., Reynolds American Inc., VMR Products LLC, Nicotek LLC, Njoy Inc., and International Vapor Group. (e-cigarette market growth)

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The growth of the electronic cigarette market is driven by increase in health awareness, as e-cigarette is less harmful than conventional cigarettes. In addition, the facts that e-cigarette is socially acceptable and environment friendly drive the market growth. However, (e cigarette Market) stringent government rules & regulations on manufacturing of e-cigarette and rise in the number of reported adverse events restrain the market growth. Irrespective to these challenges, factors such as adoption tobacco alternatives and expansion in untapped market of emerging economies are expected to provide lucrative opportunities for the market. (vapor smoking devices Market)

Electronic Cigarette Industry by Geography
North America
U.S.
Canada
Mexico
Asia-Pacific
China
Japan
India
Australia
Rest of Asia-Pacific
Europe
UK
Germany
France
Russia
Rest of Europe
LAMEA
Latin America,
Middle East
Africa

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