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Global e-cigarette Market

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    Report

  • 90 Pages
  • January 2024
  • Region: Global
  • BCC Research
  • ID: 5932661
Description Jump to:
This report has segmented the global e-cigarette markets by product type, channel and region. The report provides an overview of the global e-cigarette markets and analyzes market trends. Using 2022 as the base year, the report estimates market data for 2023 to 2028. The report provides essential information regarding the global e-cigarette market’s current size and anticipated growth. It also covers the characteristics of the market, the leading e-cigarettes companies, various trends in end-user preferences and a range of geographic market opportunities.

Based on product type, the e-cigarette global markets have been categorized as disposable and rechargeable. The market has been divided into retail and online based on channel type. Geographical regions in the report include North America, Europe, Asia-Pacific and RoW (South America, the Middle East and Africa). Revenue forecasts from 2023 to 2028 are given for the e-cigarette global market segments mentioned above, with estimated values derived from product providers’ total revenue.

Report Includes

  • An overview of the global market landscape related to the e-cigarettes
  • In-depth analysis of global market trends, featuring historical revenue data for 2022, estimated figures for 2023, as well as forecasts for 2025 and 2027. This analysis includes projections of Compound Annual Growth Rates (CAGRs) spanning through 2028
  • Evaluation of the current market size and revenue growth prospects specific to e-Cigarettes, accompanied by a comprehensive market share analysis categorized by product type, channel type, and geographical region
  • Assessment of factors driving the industry's growth, including market opportunities and restraints
  • Detailed analysis of the regulatory framework and policies and product pipeline of the industry, and discussion on ESG challenges and ESG practices
  • Detailed profiles of leading market participants, providing a descriptive overview of their respective businesses

Table of Contents

Chapter 1 Introduction
  • Study Goals and Objectives
  • Reasons for Doing This Study
  • Scope of Report
  • Methodology
  • Information Sources
  • Geographic Breakdown
  • Segmentation Breakdown
Chapter 2 Summary and Highlights
  • Market Outlook
  • Market Insights
Chapter 3 Global e-cigarette Market Overview
  • Porter's Five Forces Analysis
  • SWOT Analysis
  • Strengths
  • Weaknesses
  • Opportunities
  • Threats
  • Impact of COVID-19
  • Market Dynamics
  • Drivers
  • Restraints
  • Opportunities
Chapter 4 Market Breakdown by Product Type
  • Overview
  • Disposable
  • Rechargeable
Chapter 5 Market Breakdown by Channel
  • Overview
  • Retail
  • Online
Chapter 6 Market Breakdown by Region
  • Overview
  • North America
  • Canada
  • Europe
  • U.K.
  • France
  • Germany
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • Malaysia
  • Rest of Asia-Pacific
  • Rest of the World
  • Africa
  • South America
  • Middle East
Chapter 7 Sustainability in e-cigarette Industry: An ESG Perspective
  • Importance of ESG in e-cigarette Industry
  • Key ESG Issues in the e-cigarette Industry
  • E-Cigarette Industry ESG Performance Analysis
  • ESG Penetration
  • Environmental Performance
  • Social Performance
  • Governance Performance
  • Consumer Attitudes Towards ESG in the e-cigarette Market
  • ESG-Related Risks in e-cigarette Industry
  • ESG-Related Opportunities in e-cigarette Industry
  • Concluding Remarks
Chapter 8 Patent Analysis
  • Patent Analysis
Chapter 9 Competitive Landscape
  • Strategic Analysis
  • Key Market Developments
Chapter 10 Company Profiles
  • ALTRIA GROUP INC.
  • BRITISH AMERICAN TOBACCO PLC
  • FEELM
  • GEEK BAR
  • IMPERIAL BRANDS PLC
  • JUUL LABS INC.
  • PUFF BAR INC.
  • SHENZHEN IVPS TECHNOLOGY CO. LTD.
  • VAPORESSO
  • VEEV
List of Tables
Summary Table: Global Market for e-cigarette, by Region, Through 2028
Table 1: Porter's Five Forces Rankings
Table 2: Global Market for e-cigarettes, by Product Type, Through 2028
Table 3: Global Market for Disposable e-cigarettes, by Region, Through 2028
Table 4: Global Market for Rechargeable e-cigarettes, by Region, Through 2028
Table 5: Global Market for e-cigarettes, by Sales Channel, Through 2028
Table 6: Global Market for e-cigarettes Through Retail Sales Channel, by Region, Through 2028
Table 7: Global Market for e-cigarettes Through Online Sales Channel, by Region, Through 2028
Table 8: Global Market for e-cigarettes, by Region, Through 2028
Table 9: Global Market for e-cigarettes, by Product Type, Through 2028
Table 10: Global Market for e-cigarettes, by Sales Channel, Through 2028
Table 11: North American Market for e-cigarettes, by Country, Through 2028
Table 12: North American Market for e-cigarettes, by Product Type, Through 2028
Table 13: North American Market for e-cigarettes, by Sales Channel, Through 2028
Table 14: European Market for e-cigarettes, by Country, Through 2028
Table 15: European Market for e-cigarettes, by Product Type, Through 2028
Table 16: European Market for e-cigarettes, by Sales Channel, Through 2028
Table 17: Asia-Pacific Market for e-cigarettes, by Country, Through 2028
Table 18: Asia-Pacific Market for e-cigarettes, by Product Type, Through 2028
Table 19: Asia-Pacific Market for e-cigarettes, by Sales Channel, Through 2028
Table 20: RoW Market for e-cigarettes, by Subregion, Through 2028
Table 21: RoW Market for e-cigarettes, by Product Type, Through 2028
Table 22: RoW Market for e-cigarettes, by Sales Channel, Through 2028
Table 23: Shares of Patents on e-cigarettes, by Select Country, 2020-2023
Table 24: Recent Patent Grants on e-cigarettes, 2023
Table 25: Global e-cigarette Market, Product Launches, Partnerships, Investments, Business Expansion by Major Players, 2021-2023
Table 26: Altria Group Inc.: Company Snapshot
Table 27: Altria Group Inc.: Product Portfolio
Table 28: Altria Group Inc.: Recent Developments, 2021-2023
Table 29: British American Tobacco Plc: Company Snapshot
Table 30: British American Tobacco Plc: Product Portfolio
Table 31: British American Tobacco Plc: Recent Developments, 2021-2023
Table 32: FEELM: Company Snapshot
Table 33: FEELM: Product Portfolio
Table 34: FEELM: Recent Developments, 2021-2023
Table 35: Geek Bar: Company Snapshot
Table 36: Imperial Brands PLC: Company Snapshot
Table 37: Imperial Brands PLC: Product Portfolio
Table 38: Imperial Brands PLC: Recent Developments, 2021-2023
Table 39: JUUL Labs Inc.: Company Snapshot
Table 40: JUUL Labs Inc.: Product Portfolio
Table 41: JUUL Labs Inc.: Recent Developments, 2021-2023
Table 42: Puff Bar Inc.: Company Snapshot
Table 43: Puff Bar Inc.: Product Portfolio
Table 44: Shenzhen IVPS Technology Co. Ltd.: Company Snapshot
Table 45: Shenzhen IVPS Technology Co. Ltd.: Product Portfolio
Table 46: Shenzhen IVPS Technology Co. Ltd.: Recent Developments, 2021-2023
Table 47: VAPORESSO: Company Snapshot
Table 48: VAPORESSO: Product Portfolio
Table 49: VAPORESSO: Recent Developments, 2021-2023
Table 50: VEEV: Company Snapshot
Table 51: VEEV: Product Portfolio
Table 52: VEEV: Recent Developments, 2021-2023
List of Figures
Summary Figure: Global Market Shares of e-cigarette, by Region, 2022
Figure 1: Global e-cigarette Market: Porter's Five Forces Analysis
Figure 2: Global e-cigarette Market Dynamics
Figure 3: Global Market Shares of e-cigarettes, by Product Type, 2022
Figure 4: Global Market Shares of e-cigarettes, by Product Type, 2028
Figure 5: Global Market Shares of Disposable e-cigarettes, by Region, 2022
Figure 6: Global Market Shares of Disposable e-cigarettes, by Region, 2028
Figure 7: Global Market Shares of Rechargeable e-cigarettes, by Region, 2022
Figure 8: Global Market Shares of Rechargeable e-cigarettes, by Region, 2028
Figure 9: Global Market Shares of e-cigarettes, by Sales Channel, 2022
Figure 10: Global Market Shares of e-cigarettes, by Sales Channel, 2028
Figure 11: Global Market Shares of e-cigarettes Through Retail Sales Channel, by Region, 2022
Figure 12: Global Market Shares of e-cigarettes Through Retail Sales Channel, by Region, 2028
Figure 13: Global Market Shares of e-cigarettes Through Online Sales Channel, by Region, 2022
Figure 14: Global Market Shares of e-cigarettes Through Online Sales Channel, by Region, 2028
Figure 15: Global Market Shares of e-cigarettes, by Region, 2022
Figure 16: Global Market Shares of e-cigarettes, by Region, 2028
Figure 17: North American Market Shares of e-cigarettes, by Country, 2022
Figure 18: North American Market Shares of e-cigarettes, by Country, 2028
Figure 19: U.S. Market for e-cigarettes, 2022-2028
Figure 20: Canadian Market for e-cigarettes, 2022-2028
Figure 21: European Market Shares of e-cigarettes, by Country, 2022
Figure 22: European Market Shares of e-cigarettes, by Country, 2028
Figure 23: U.K. Market for e-cigarettes, 2022-2028
Figure 24: French Market for e-cigarettes, 2022-2028
Figure 25: German Market for e-cigarettes, 2022-2028
Figure 26: Rest of European Market for e-cigarettes, 2022-2028
Figure 27: Asia-Pacific Market Shares of e-cigarettes, by Country, 2022
Figure 28: Asia-Pacific Market Shares of e-cigarettes, by Country, 2028
Figure 29: Chinese Market for e-cigarettes, 2022-2028
Figure 30: Japanese Market for e-cigarettes, 2022-2028
Figure 31: Malaysian Market for e-cigarettes, 2022-2028
Figure 32: Rest of Asia-Pacific Market for e-cigarettes, 2022-2028
Figure 33: RoW Market Shares of e-cigarettes, by Subregion, 2022
Figure 34: RoW Market Shares of e-cigarettes, by Subregion, 2028
Figure 35: African Market for e-cigarettes, 2022-2028
Figure 36: South American Market for e-cigarettes, 2022-2028
Figure 37: Middle Eastern Market for e-cigarettes, 2022-2028
Figure 38: Shares of Companies With ESG Compliance in the Global e-cigarette Market, 2022
Figure 39: ESG Governance Framework in Shenzhen SMOORE Technology Co. Ltd., 2022
Figure 40: ESG Governance Structure Chart in Shenzhen SMOORE Technology Co. Ltd., 2022
Figure 41: Patents on e-cigarettes, by Year, 2020-2023

Executive Summary

The e-cigarette market is being influenced by several factors, including changing consumer preferences and the needs of various end users. Factors contributing to adopting e-cigarettes are health, cultural influence, social media and marketing, and many others. The global e-cigarette market is segmented into retail and online in terms of the channel type. The retail segment has the largest market share with 82.1% (in 2022) and it is also the fastest growing segment with a CAGR of 13.8% for the forecasting period 2023 to 2028. Another major segment in the e-cigarette industry is segment by product type, where it is divided into disposable and rechargeable e-cigarettes. The disposable segment has the highest market with $10.8 billion for the year 2022.

In the global e-cigarette market, several key players have emerged as industry leaders, each contributing to the ever-growing popularity of their products. Prominent companies like NJOY, Vuse, blu and numerous others have made significant strides in this sector. Notably, over 70 to 80% of the companies in the e-cigarette market are well-established, rather than startups, reflecting the maturity and stability of the market. Their investments in research and development are pivotal, driving innovation in product offerings, flavors and even the overall customer experience. This continuous innovation enables them to stay ahead of competitors and cater to the ever-changing demands of consumers, whether through new flavors, features, a greater number of puffs or innovative packaging solutions.

Companies Mentioned

  • Altria Group Inc.
  • British American Tobacco Plc
  • Feelm
  • Geek Bar
  • Imperial Brands Plc
  • Juul Labs Inc.
  • Puff Bar Inc.
  • Shenzhen Ivps Technology Co. Ltd.
  • Vaporesso
  • Veev

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