Electronic Nicotine Delivery Systems (ENDS) Market : Global Market Estimation, Dynamics, Trends, Competitor Analysis 2016-2021 and Forecast 2022-2028

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Electronic Nicotine Delivery Systems (ENDS) Market: By Product Type (Cigarette like e-Cigarettes, Medium Size Pen Style e-Cigarettes, Large Tank Size e-Cigarettes), By Technology (Disposable, Reusable), By Distribution Channel (Online Stores, Retail Stores, Others), and Geography

 

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Report

Description

Electronic Nicotine Delivery Systems (ENDS) Market size was valued at 14.3 billion in 2021 and is expected to reach 57.4 billion by 2028, at a CAGR of 22% during the forecast period 2022 to 2028. Electronic nicotine delivery systems are also known as e-cigarettes or electronic cigarettes provide nicotine and other additives to user. ENDS are battery powered devices that simulate the tobacco cigarettes by vaporizing nicotine and other chemicals into an inhalable vapor. These products use liquid “e-liquid” that contain nicotine, various flavorings, vegetable glycerin, propylene glycol, and other ingredients. The liquid heated into an aerosol that user inhales. Vaporizers, vapes, hookah pens, vape pens, and e-pipes are the some of electronic nicotine delivery systems available in the market. In the vape market, medicinal cannabis vaporizers are becoming more popular. Controlling heating technology is used in cannabis vaporizers, which allows the user to precisely modify the heater’s temperature via a display on the device, allowing them complete control over the density of the aerosol created. Companies are resuming operations and adapting to the new normal as they recover from the COVID-19 impact, which had previously resulted in restrictive containment measures such as social distancing, remote working, and the closure of commercial activities, all of which created operational challenges.

Electronic Nicotine Delivery Systems (ENDS) Market

MARKET SUMMARY
-
22%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 22%
  • Largest Market– Asia-Pacific
  • Fastest Growing Market– North-America

Electronic Nicotine Delivery Systems (ENDS) Market

  • The global electronic nicotine delivery systems market report gives comprehensive outlook across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
  • The market report gives historical, current, and future market sizes (US$ Mn) on the basis of product type, technology, distribution channel and geography.
Key Players
  • Philip Morris International Inc
  • Imperial Tobacco Group
  • Reynolds American Inc
  • Altria Group, Inc
  • Blu Ecigs
Electronic Nicotine Delivery Systems (ENDS) Market

DRIVERS AND RESTRAINTS

The rapid increase in the awareness of using of ENDS among the population especially in youth drives the global electronic nicotine delivery systems market. Moreover, development of advanced and attractive ENDS products in different flavors, change in lifestyle results in the adoption of ENDS by men and women, hectic work schedule, rise in disposable income, poor regulations for the product standards, and widespread availability of the products are propel the global electronic nicotine delivery systems market over the forecast years. However, adverse effects associated with the ENDS, high cost of products due to tax variation, banning on ENDS in some countries, and grow in adoption of electronic non-nicotine delivery systems are impede the growth of global electronic nicotine delivery systems market.


North-America Got Significant Share

Electronic Nicotine Delivery Systems (ENDS) Market

Geographically, global electronic nicotine delivery systems market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America electronic nicotine delivery systems market is poised to grow due to rise in adoption of ENDS in youth and adults, better availability of products, and increase in disposable income are bolster the market. Europe electronic nicotine delivery systems market is driving by change in lifestyle, favorable regulations for the product approval, and low cost of products are bolster the market. Asia Pacific electronic nicotine delivery systems market has prominent share attributed to increase in the population preferring the e-cigarettes and hookahs in Japan , China, India, entry of market players into Asia Pacific region, and launch of attractive products with different flavors in the region are fuel the market.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East
Electronic Nicotine Delivery Systems (ENDS) Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.


Report

Company Profile

  • Broughton Laboratories (U.K)
  • Cigartex International (France)
  • Electronic Cigarettes International Group Ltd (U.S.)
  • iPV Vaping Technology Co., limited (China)
  • Philip Morris International Inc. (U.S.)
  • Imperial Tobacco Group Plc (U.K.)
  • Reynolds American Inc. (U.S.)
  • Altria Group, INC. (U.S.)
  • Blu Ecigs (U.K)

Description

Electronic Nicotine Delivery Systems (ENDS) Market size was valued at 14.3 billion in 2021 and is expected to reach 57.4 billion by 2028, at a CAGR of 22% during the forecast period 2022 to 2028. Electronic nicotine delivery systems are also known as e-cigarettes or electronic cigarettes provide nicotine and other additives to user. ENDS are battery powered devices that simulate the tobacco cigarettes by vaporizing nicotine and other chemicals into an inhalable vapor. These products use liquid “e-liquid” that contain nicotine, various flavorings, vegetable glycerin, propylene glycol, and other ingredients. The liquid heated into an aerosol that user inhales. Vaporizers, vapes, hookah pens, vape pens, and e-pipes are the some of electronic nicotine delivery systems available in the market. In the vape market, medicinal cannabis vaporizers are becoming more popular. Controlling heating technology is used in cannabis vaporizers, which allows the user to precisely modify the heater’s temperature via a display on the device, allowing them complete control over the density of the aerosol created. Companies are resuming operations and adapting to the new normal as they recover from the COVID-19 impact, which had previously resulted in restrictive containment measures such as social distancing, remote working, and the closure of commercial activities, all of which created operational challenges.

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