E-cigarette Market in the US 2015-2019 is a new research report added to RnRMarketResearch.com. The e-cigarette market in the US has many opportunities for mergers and acquisitions by large vendors who are aiming to enhance their market presence and market potential.
Pune, Maharastra -- (SBWIRE) -- 12/08/2015 -- The market research analyst predicts the e-cigarettes market in the US to grow at a CAGR of around 33% during the forecast period. The increased desire among consumers to quit smoking tobacco is the primary driver for the growth of this market. For instance, according to the US government, approximately 480,000 people die in the country every year due to active smoking. E-cigarettes are considered a healthier alternative to tobacco smoking, and, therefore, are becoming popular among end-users.
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The low cost of e-cigarettes is also expected to contribute to the growth of the market during the forecast period. E-cigarettes are cheaper than traditional cigarettes due to the lack of legitimate taxation on their sale. The wholesale price of a disposable e-cigarette is between USD 2.5 and USD 4.0, whereas rechargeable e-cigarette costs between USD 6 and USD 15.
Segmentation by distribution and analysis of - online, retail
The retail segment dominated the market during 2014 with a market share of 72%. The retail segment comprises of convenience stores, grocery shops, tobacco shops, pharma, and other non-tracked channels. Some of the popular retail outlets for e-cigarettes are Wal-Mart, Tesco, and Sainsbury's.
The report offers an analysis of each of the following segments and discusses its impact on the overall market growth - Online and Retail
Product segmentation and analysis of cigalikes, second and third generation e-cigarettes
Cigalikes dominated the market during 2014 with a market share of 63%. However, this research report predicts the market to witness an increase in demand for second and third-generation e-cigarettes during the forecast period.
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The report offers an analysis of each of the following segments and discusses its impact on the overall market growth - First-generation e-cigarettes/cigalikes, Second-generation e-cigarettes and Third-generation e-cigarettes
Competitive landscape and key vendors - Altria, NJOY, Reynolds American, Imperial Tobacco
The e-cigarette market in the US is highly fragmented due to the presence of numerous vendors operating and selling e-cigarettes under different brand names across the country. There is intense competition among the vendors for the market share. The report predicts the market to witness increased consolidation and a rise in the influx of private labels during the forecast period.
The leading vendors in the market are - Altria Group, CB Distributors, Imperial Tobacco, LOGIC Technology, NJOY and Reynolds American.
Other vendors in the market include Ballantyne Brands, British American Tobacco, FIN Branding, Gamucci, Japan Tobacco, Nicotek, RRR Chemicals, Vapor, Victory Electronic Cigarettes, VMR Products, and White Cloud.
Single User License Copy of the E-cigarette Market in the US 2015-2019 report is US $2500. Get DISCOUNT at http://www.rnrmarketresearch.com/contacts/discount?rname=441277.
Global Li-ion battery Market for E-cigarette 2015-2019: The analysts forecast global Li-ion battery market for e-cigarettes to grow at a CAGR of 39.5% over the period 2014-2019.
Key Vendors: EVE Energy, LG Chem, Panasonic, Samsung SDI, Shenzen FEST Technology, Shenzhen Mxjo Technology, Sony and Vapor Hub International
Key Market Driver: Increased Use of Rechargeable Li-ion Batteries in E-Cigarettes
Key Market Challenge: Concerns Associated with E-cigarettes
Key Market Trend: Increase in Smoke-free Laws
Li-ion Battery Market for E-cigarettes in the US 2015-2019: he forecasts Li-ion battery market for e-cigarette in the US to grow at a CAGR of 36.8% during 2014-2019.
The Li-ion Battery market for e-cigarette in the US has been segmented on the basis of: Demand and E-cigarette
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