E-cigarette and T-vapor Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2016-2021 and Forecast 2022-2028

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E-cigarette And T-vapor Market: By Product Type (E-cigarette and T-Vapor), By Component Type (E-liquids, Atomizers and Batteries), By Distribution Channel (Online Distribution Channel and Retail Distribution Channel) and Geography

 

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Report

Description

E-cigarette And T-vapor Market size was valued at USD x million in 2021 and is expected to reach USD x million by 2028, at a CAGR of x% during the forecast period 2022-2028. High prevalence of tobacco related mortality and growing health concerns, introduction of novel products by market players and awareness campaigns about health risks. However factors such as presence of substitute products are hampering the market growth. This report studies global E-cigarette and T-vapor market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global E-cigarette and T-vapor market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities). Global E-cigarette and T-vapor market is surging owing to frequent acquisitions and launchings by the market players. For Instance, in Oct 2019, Altria launched Iqos tobacco device in US. The device heats the tobacco instead of burning it, avoiding the chemical process that occurs when smoking a cigarette that produces many harmful toxins.

E-cigarette And T-vapor Market

MARKET SUMMARY
-
x%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– x%
  • Largest Market– North-America
  • Fastest Growing Market– Asia-Pacific

E-cigarette And T-vapor Market

  • The global E-cigarette and T-vapor market report gives comprehensive outlook on E-cigarette and T-vapor across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
  • The report on global E-cigarette and T-vapor market gives historical, current, and future market sizes (US$ Mn) on the basis of product type, component type, distribution channel and region.
  • Key stakeholders of the global E-cigarette and T-vapor market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global E-cigarette and T-vapor products.
Key Players
  • Altria Inc.
  • Apollo Future Technology Limited
  • British American Tobacco Company
  • Eleaf Electronics Co., Ltd.
  • Flavourtec SP. Z.O.O.
E-cigarette And T-vapor Market

DRIVERS AND RESTRAINTS

For more than half a century, the world has identified that tobacco kills yet it is still killing more than 8 million people a year. Tobacco use remains the world’s worst wholly avoidable public-health emergency, and there is a desperate need for fresh ways to tackle it. So it is little wonder that e-cigarettes have concerned attention as a potential solution. More than half of US adult smokers try to quit each year, e-cigarettes might boost their chances of success. It is generally agreed that vaping is safer than smoking conventional cigarettes. Countries such as U.S., U.K., France, China, Japan, and Italy are major markets for e-cigarettes.


Asia-Pacific got Significant Share

E-cigarette And T-vapor Market

Asia Pacific accounted for larger revenue share in global E-cigarette and T-vapor market with considerable CAGR. Asia Pacific is anticipated to witness considerable growth in this market. The growth in this region is due to government initiatives to curb tobacco abuse and promotion or marketing of e-cigarettes as an alternative. Also, China is the major contributor for the growth of the market in the region.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Findings of the Report

  • Global E-cigarette and T-vapor market expanding at significant CAGR over 2022 to 2028 owing to high prevalence of tobacco related mortality and growing health concerns
  • Based on product type, E-cigarette segment accounted for larger market revenue share in 2021 and projected gain market revenue share over the forecast period
  • Players focusing on innovation of newer products and collaboration strategies to retain market position in global E-cigarette and T-vapor market

Key

Features of the Report

E-cigarette And T-vapor Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content

Table of Content

  1. Executive Summary
  2. Global E-cigarette and T-Vapor Market Introduction
    • Global E-cigarette and T-Vapor Market – Taxonomy
    • Global E-cigarette and T-Vapor Market –Definitions
      • Product Type
      • Component Type
      • Distribution Channel
  1. Global E-cigarette and T-Vapor Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global E-cigarette and T-Vapor Market Dynamic Factors – Impact Analysis
    • Global E-cigarette and T-Vapor Market – Competition Landscape
  2. Global E-cigarette and T-Vapor Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025
    • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global E-cigarette and T-Vapor Market, By Product Type, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • E-cigarette
      • Disposable Cigarettes
        • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Rechargeable Cig-a-likes
        • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Closed Tank Systems
        • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Open Tank Systems
        • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • T-Vapor
        • Next Generation Products
          • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
          • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
          • Market Opportunity Analysis
        • Infused Products
          • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
          • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
          • Market Opportunity Analysis
  1. Global E-cigarette and T-Vapor Market Forecast, By Component Type, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • E-liquids
      • Pre-filled E-liquids
        • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Bottled E-liquids
        • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Atomizers
        • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Batteries
        • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
  1. Global E-cigarette and T-Vapor Market Forecast, By Distribution Channel, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Online Distribution Channel
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Retail Distribution Channel
      • Vape Shops and Tobacco Shops
        • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Supermarkets and Convenience Stores
        • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Others
        • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Global E-cigarette and T-Vapor Market – Opportunity Analysis Index, By Product Type, Component Type, Distribution Channel and Region, 2019 – 2025
  1. Global E-cigarette and T-Vapor Market Forecast, By Region, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global E-cigarette and T-Vapor Market – Opportunity Analysis Index, By Product Type, Component Type, Distribution Channel and Region, 2019 – 2025
  2. North America E-cigarette and T-Vapor Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Product Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • E-cigarette
        • Disposable Cigarettes
        • Rechargeable Cig-a-likes
        • Closed Tank Systems
        • Open Tank Systems
      • T-Vapor
        • Next Generation Products
        • Infused Products
      • Component Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
        • E-liquids
      • Pre-filled E-liquids
        • Bottled E-liquids
      • Atomizers
      • Batteries
    • Distribution Channel Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Online Distribution Channel
      • Retail Distribution Channel
        • Vape Shops and Tobacco Shops
        • Supermarkets and Convenience Stores
        • Others
      • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
        • US.
        • Canada
      • North America E-cigarette and T-Vapor Market – Opportunity Analysis Index, By Product Type, Component Type, Distribution Channel and Country, 2019 – 2025
      • North America E-cigarette and T-Vapor Market Dynamics – Trends
  1. Europe E-cigarette and T-Vapor Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Product Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • E-cigarette
        • Disposable Cigarettes
        • Rechargeable Cig-a-likes
        • Closed Tank Systems
        • Open Tank Systems
      • T-Vapor
        • Next Generation Products
        • Infused Products
      • Component Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
        • E-liquids
          • Pre-filled E-liquids
          • Bottled E-liquids
        • Atomizers
        • Batteries
      • Distribution Channel Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
        • Online Distribution Channel
        • Retail Distribution Channel
          • Vape Shops and Tobacco Shops
          • Supermarkets and Convenience Stores
        • Others
      • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
        • Germany
        • UK
        • France
        • Spain
        • Italy
        • Russia
        • Poland
        • Rest of Europe
      • Europe E-cigarette and T-Vapor Market – Opportunity Analysis Index, By Product Type, Component Type, Distribution Channel and Country, 2019 – 2025
      • Europe E-cigarette and T-Vapor Market Dynamics – Trends
  1. Asia-Pacific E-cigarette and T-Vapor Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Product Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • E-cigarette
        • Disposable Cigarettes
        • Rechargeable Cig-a-likes
        • Closed Tank Systems
        • Open Tank Systems
      • T-Vapor
        • Next Generation Products
        • Infused Products
      • Component Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
        • E-liquids
          • Pre-filled E-liquids
          • Bottled E-liquids
        • Atomizers
        • Batteries
      • Distribution Channel Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
        • Online Distribution Channel
        • Retail Distribution Channel
          • Vape Shops and Tobacco Shops
          • Supermarkets and Convenience Stores
        • Others
      • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
        • Japan
        • China
        • India
        • ASEAN
        • Australia & New Zealand
        • Rest of Asia-Pacific
      • Asia-Pacific E-cigarette and T-Vapor Market – Opportunity Analysis Index, By Product Type, Component Type, Distribution Channel and Country, 2019 – 2025
      • Asia-Pacific E-cigarette and T-Vapor Market Dynamics – Trends
  1. Latin America E-cigarette and T-Vapor Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Product Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • E-cigarette
        • Disposable Cigarettes
        • Rechargeable Cig-a-likes
        • Closed Tank Systems
        • Open Tank Systems
      • T-Vapor
        • Next Generation Products
        • Infused Products
      • Component Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
        • E-liquids
          • Pre-filled E-liquids
          • Bottled E-liquids
        • Atomizers
        • Batteries
      • Distribution Channel Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
        • Online Distribution Channel
        • Retail Distribution Channel
          • Vape Shops and Tobacco Shops
          • Supermarkets and Convenience Stores
        • Others
      • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
      • Latin America E-cigarette and T-Vapor Market – Opportunity Analysis Index, By Product Type, Component Type, Distribution Channel and Country, 2019 – 2025
      • Latin America E-cigarette and T-Vapor Market Dynamics – Trends
  1. Middle East and Africa E-cigarette and T-Vapor Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Product Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • E-cigarette
        • Disposable Cigarettes
        • Rechargeable Cig-a-likes
        • Closed Tank Systems
        • Open Tank Systems
      • T-Vapor
        • Next Generation Products
        • Infused Products
      • Component Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
        • E-liquids
          • Pre-filled E-liquids
          • Bottled E-liquids
        • Atomizers
        • Batteries
      • Distribution Channel Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
        • Online Distribution Channel
        • Retail Distribution Channel
          • Vape Shops and Tobacco Shops
          • Supermarkets and Convenience Stores
        • Others
      • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
        • Gulf Cooperation Council (GCC) Countries
        • Israel
        • South Africa
        • Rest of MEA
      • MEA E-cigarette and T-Vapor Market – Opportunity Analysis Index, By Product Type, Component Type, Distribution Channel and Country, 2019 – 2025
      • MEA E-cigarette and T-Vapor Market Dynamics – Trends
  1. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Component & Component Offerings, Key Developments, Strategies, and SWOT Analysis)
      • Altria Inc.
      • Apollo Future Technology Limited
      • British American Tobacco Company
      • Eleaf Electronics Co., Ltd.
      • Flavourtec SP. Z.O.O.
      • Japan Tobacco Inc.
      • JUUL Labs
      • International Vapor Group
      • Innokin Technology Co.Ltd.
      • Molecule Labs Inc.
      • Nicopure Labs LLC
      • NJOY
      • Philip Morris International, Inc.
      • PAX Labs, Inc.
      • VMR Products, LLC
  1. Research Methodology
  2. Key Assumptions and Acronyms

Report

Company Profile

  • Altria Inc.
  • Apollo Future Technology Limited
  • British American Tobacco Company
  • Eleaf Electronics Co., Ltd.
  • Flavourtec SP. Z.O.O.
  • Japan Tobacco Inc.
  • JUUL Labs
  • International Vapor Group
  • Innokin Technology Co.Ltd.
  • Molecule Labs Inc.
  • Nicopure Labs LLC
  • NJOY
  • Philip Morris International, Inc.
  • PAX Labs, Inc.
  • VMR Products, LLC

Description

E-cigarette And T-vapor Market size was valued at USD x million in 2021 and is expected to reach USD x million by 2028, at a CAGR of x% during the forecast period 2022-2028. High prevalence of tobacco related mortality and growing health concerns, introduction of novel products by market players and awareness campaigns about health risks. However factors such as presence of substitute products are hampering the market growth. This report studies global E-cigarette and T-vapor market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global E-cigarette and T-vapor market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities). Global E-cigarette and T-vapor market is surging owing to frequent acquisitions and launchings by the market players. For Instance, in Oct 2019, Altria launched Iqos tobacco device in US. The device heats the tobacco instead of burning it, avoiding the chemical process that occurs when smoking a cigarette that produces many harmful toxins.

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