E Cigarettes & Vapourizer - Global Market Outlook (2015-2022)

E Cigarettes & Vapourizer - Global Market Outlook (2015-2022)

  • Published: April 2016
  • ID: SMRC15645

According to Stratistics MRC, the Global E-Cigarettes & Vapourizer Market accounted for $7.47 billion in 2015 and is anticipated to reach $28.57 billion by 2022 growing at a CAGR of 21.1% from 2015 to 2022. Growing demand for distribution channels of e-cigarettes and accessories is the primary factor favouring the market growth. Furthermore, increasing number of brands, innovative product launches and product customizations are some of the drivers favouring the market growth. However, uncertain regulatory framework, increasing incidents of e-liquid poisoning and compatibility issues are some of the restraints hampering the market growth.  New taxes on e-cigs in cities like Washington, D.C., are damping sales, as are new regulations, like measures passed this year in Indiana that require manufacturers to secure permits and list ingredients. The industry also is awaiting final rules from the Food and Drug Administration, which could require federal approval for nearly all flavored liquid nicotine juices and e-cig devices. 

Disposable E-Cigarette segment commanded the largest share in 2015, while Rechargeable E-Cigarettes is growing at the highest CAGR durig the forecast period. North America is expected to witness highest growth rate over the forecast period. Europe being one of the largest markets in the e-cigarette industry it is hub to provide conflicting regulatory regimes.

Some of the key players in this market include Japan Tobacco, Inc., First Union, International Vapor Group, Inc., Marlboro, Lorillard, Inc., Pacific Smoke International, British American Tobacco Plc (Bat), Cloudcig, Steamlite, Smokefree, Victory Electronic Cigarettes Corporation, Altria Group, Inc., Reynolds American Inc., Puff Ecig, Bull Smoke, Feellife Bioscience International Co. Ltd, Fontem Ventures, Philip Morris International, Inc., Ballantyne Brands, Llc and Nice Vapor.

Composition Covered:
• Flavors
• Nicotine
• Diluents
• E-Liquids

Products Covered:
• E-Go Electronic Cigarette and Tank
• E-Cigars
• Rechargeable E-Cigarette
• Disposable E-Cigarette
• Personal Vaporizers and Mods
• E-Pipes
• Other Products

Component Covered:
• Cartridge
• Clearomizer
• Battery
• Rebuildable Atomizer
• Atomizer
• Cartomizer

Distribution Channel Covered:
• Online
• Retail
o Pharmaceuticals
o Convenient stores
• Others

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain 
o Rest of Europe     
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand      
o Rest of Asia Pacific   
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Select License Type

Single User License (PDF)


2 - 5 User License (PDF)


Corporate License (PDF)


Have a Question?

Know our Methodology


Assured Quality

Best in class reports with high standard of research integrity

24X7 Research Support

Continuous support to ensure the best customer experience.

Free Customization

Adding more values to your product of interest.

Safe & Secure Access

Providing a secured environment for all online transactions.

Trusted by 600+ Brands

Serving the most reputed brands across the world.