Electronic Cigarette Market
PUBLISHED: 2019 ID: SMRC18481
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Electronic Cigarette Market

Electronic Cigarette - Global Market Outlook (2017-2026)

4.6 (50 reviews)
4.6 (50 reviews)
Published: 2019 ID: SMRC18481

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Electronic Cigarette Market is accounted for $9.39 billion in 2017 and is expected to reach $58.32 billion by 2026 growing at a CAGR of 22.5% during the forecast period. Growing awareness towards the harmful effects of smoking a traditional cigarette is fuelling the market growth. However, the lack of information provided by the manufacturers regarding safety, use, and maintenance of devices are few factors restricting the market growth.

E-cigarettes are devices that operate by heating a liquid solution to a high enough temperature so that it produces an aerosol that is inhaled. Solutions, sometimes called e-liquid, typically include nicotine, flavoring and a humectant, such as propylene glycol, to retain moisture and create an aerosol when heated. Many of the flavorings and humectants used in e-liquids have been approved by the Food and Drug Administration for oral consumption, but not for inhalation, due to the lack of research regarding the safety of these compounds when inhaled.

Based on the distribution channel, the online channel segment is having a huge demand, owing to the increasing adoption of e-commerce. By Geography, Europe is estimated to have a lucrative growth in emerging countries such as the U.K., France, and Russian markets due to increasing seven traditional cigarette smokers classify themselves as current e-cigarette smokers.

Some of the key players profiled in the Electronic Cigarette market include Philip Morris International, Healthier Choices Management Corp, MCIG Inc., ITC Limited, Altria Group Inc., British American Tobacco plc, Japan Tobacco, Inc., J WELL France, Imperial Tobacco Group, Nicotek Llc, Njoy Inc., International Vapor Group, Reynolds American Inc  and Vmr Flavours Llc.

Products Covered:
• Cig-A-Like 
• Completely Disposable Model
• Modular 
• Next-Generation
• Personalized Vaporizer
• Rechargeable
• Rechargeable but Disposable Cartomizer
• T-Vapor
• Vape Mod 
• Vaporizer 

Aftermarkets Covered:
• Battery & Charger 
• Refill
• Other Aftermarkets 
 
Distribution Channels Covered:
• Online 
• Specialist E-Cig Shops 
• Supermarkets and Hypermarkets 
• Tobacconist 
• Vape Shops 
• Other Distribution Channels

Age-Groups Covered:
• 16-24
• 25-34
• 35-44
• 45-54
• 55-65
• 65+

Battery Modes Covered:
• Automatic E-Cigarette
• Manual E-Cigarette

Genders Covered:
• Female 
• Male

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand
o South Korea
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) 
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- 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

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary     
       
2 Preface   
  
 2.1 Abstract     
 2.2 Stake Holders    
 2.3 Research Scope    
 2.4 Research Methodology   
  2.4.1 Data Mining   
  2.4.2 Data Analysis   
  2.4.3 Data Validation   
  2.4.4 Research Approach   
 2.5 Research Sources    
  2.5.1 Primary Research Sources  
  2.5.2 Secondary Research Sources  
  2.5.3 Assumptions   
       
3 Market Trend Analysis    
 3.1 Introduction    
 3.2 Drivers     
 3.3 Restraints    
 3.4 Opportunities    
 3.5 Threats     
 3.6 Product Analysis    
 3.7 Emerging Markets    
 3.8 Futuristic Market Scenario   
       
4 Porters Five Force Analysis    
 4.1 Bargaining power of suppliers   
 4.2 Bargaining power of buyers   
 4.3 Threat of substitutes   
 4.4 Threat of new entrants   
 4.5 Competitive rivalry    
       
5 Global Electronic Cigarette Market, By Product  
 5.1 Introduction    
 5.2 Cig-A-Like    
  5.2.1 Disposable   
  5.2.2 Rechargeable   
 5.3 Completely Disposable Model   
 5.4 Modular     
 5.5 Next-Generation    
 5.6 Personalized Vaporizer   
 5.7 Rechargeable    
 5.8 Rechargeable but Disposable Cartomizer  
 5.9 T-Vapor     
  5.9.1 Heat-Not-Burn   
  5.9.2 Infused    
 5.10 Vape Mod    
 5.11 Vaporizer    
  5.11.1 Open Tank   
  5.11.2 Closed System   
       
6 Global Electronic Cigarette Market, By Aftermarket  
 6.1 Introduction    
 6.2 Battery & Charger    
 6.3 Refill     
  6.3.1 Flavor    
   6.3.1.1 Bakery/dessert  
   6.3.1.2 Beverage   
   6.3.1.3 Botanical   
   6.3.1.4 Candy   
   6.3.1.5 Fruit   
   6.3.1.6 Menthol   
   6.3.1.7 Menthol tobacco  
   6.3.1.8 Savory/spice  
   6.3.1.9 Sweet   
   6.3.1.10 Tobacco   
   6.3.1.11 Other Flavors  
  6.3.2 Liquid Type   
   6.3.2.1 Nicotine   
   6.3.2.2 Non-Nicotine  
 6.4 Other Aftermarkets    
       
7 Global Electronic Cigarette Market, By Distribution Channel 
 7.1 Introduction    
 7.2 Online     
 7.3 Specialist E-Cig Shops   
 7.4 Supermarkets and Hypermarkets  
 7.5 Tobacconist    
 7.6 Vape Shops    
 7.7 Other Distribution Channels   
       
8 Global Electronic Cigarette Market, By Age-Group  
 8.1 Introduction    
 8.2 16-24     
 8.3 25-34     
 8.4 35-44     
 8.5 45-54     
 8.6 55-65     
 8.7 65+     
       
9 Global Electronic Cigarette Market, By Battery Mode 
 9.1 Introduction    
 9.2 Automatic E-Cigarette   
 9.3 Manual E-Cigarette    
       
10 Global Electronic Cigarette Market, By Gender  
 10.1 Introduction    
 10.2 Female     
 10.3 Male     
       
11 Global Electronic Cigarette Market, By Geography  
 11.1 Introduction    
 11.2 North America    
  11.2.1 US    
  11.2.2 Canada    
  11.2.3 Mexico    
 11.3 Europe     
  11.3.1 Germany    
  11.3.2 UK    
  11.3.3 Italy    
  11.3.4 France    
  11.3.5 Spain    
  11.3.6 Rest of Europe   
 11.4 Asia Pacific    
  11.4.1 Japan    
  11.4.2 China    
  11.4.3 India    
  11.4.4 Australia    
  11.4.5 New Zealand   
  11.4.6 South Korea   
  11.4.7 Rest of Asia Pacific   
 11.5 South America    
  11.5.1 Argentina   
  11.5.2 Brazil    
  11.5.3 Chile    
  11.5.4 Rest of South America  
 11.6 Middle East & Africa   
  11.6.1 Saudi Arabia   
  11.6.2 UAE    
  11.6.3 Qatar    
  11.6.4 South Africa   
  11.6.5 Rest of Middle East & Africa  
       
12 Key Developments     
 12.1 Agreements, Partnerships, Collaborations and Joint Ventures
 12.2 Acquisitions & Mergers   
 12.3 New Product Launch   
 12.4 Expansions    
 12.5 Other Key Strategies   
       
13 Company Profiling     
 13.1 Philip Morris International   
 13.2 Healthier Choices Management Corp  
 13.3 MCIG Inc.     
 13.4 ITC Limited    
 13.5 Altria Group Inc.    
 13.6 British American Tobacco plc   
 13.7 Japan Tobacco, Inc.    
 13.8 J WELL France    
 13.9 Imperial Tobacco Group   
 13.10 Nicotek Llc, Njoy Inc.   
 13.11 International Vapor Group   
 13.12 Reynolds American Inc.   
 13.13 Vmr Flavours Llc.


List of Tables      
1 Global Electronic Cigarette Market Outlook, By Region (2016-2026) ($MN)
2 Global Electronic Cigarette Market Outlook, By Product (2016-2026) ($MN)
3 Global Electronic Cigarette Market Outlook, By Cig-A-Like (2016-2026) ($MN)
4 Global Electronic Cigarette Market Outlook, By Disposable (2016-2026) ($MN)
5 Global Electronic Cigarette Market Outlook, By Rechargeable (2016-2026) ($MN)
6 Global Electronic Cigarette Market Outlook, By Completely Disposable Model (2016-2026) ($MN)
7 Global Electronic Cigarette Market Outlook, By Modular (2016-2026) ($MN)
8 Global Electronic Cigarette Market Outlook, By Next-Generation (2016-2026) ($MN)
9 Global Electronic Cigarette Market Outlook, By Personalized Vaporizer (2016-2026) ($MN)
10 Global Electronic Cigarette Market Outlook, By Rechargeable (2016-2026) ($MN)
11 Global Electronic Cigarette Market Outlook, By Rechargeable but Disposable Cartomizer (2016-2026) ($MN)
12 Global Electronic Cigarette Market Outlook, By T-Vapor (2016-2026) ($MN)
13 Global Electronic Cigarette Market Outlook, By Heat-Not-Burn (2016-2026) ($MN)
14 Global Electronic Cigarette Market Outlook, By Infused (2016-2026) ($MN)
15 Global Electronic Cigarette Market Outlook, By Vape Mod (2016-2026) ($MN)
16 Global Electronic Cigarette Market Outlook, By Vaporizer (2016-2026) ($MN)
17 Global Electronic Cigarette Market Outlook, By Open Tank (2016-2026) ($MN)
18 Global Electronic Cigarette Market Outlook, By Closed System (2016-2026) ($MN)
19 Global Electronic Cigarette Market Outlook, By Aftermarket (2016-2026) ($MN)
20 Global Electronic Cigarette Market Outlook, By Battery & Charger (2016-2026) ($MN)
21 Global Electronic Cigarette Market Outlook, By Refill (2016-2026) ($MN)
22 Global Electronic Cigarette Market Outlook, By Flavor (2016-2026) ($MN)
23 Global Electronic Cigarette Market Outlook, By Liquid Type (2016-2026) ($MN)
24 Global Electronic Cigarette Market Outlook, By Other Aftermarkets (2016-2026) ($MN)
25 Global Electronic Cigarette Market Outlook, By Distribution Channel (2016-2026) ($MN)
26 Global Electronic Cigarette Market Outlook, By Online (2016-2026) ($MN)
27 Global Electronic Cigarette Market Outlook, By Specialist E-Cig Shops (2016-2026) ($MN)
28 Global Electronic Cigarette Market Outlook, By Supermarkets and Hypermarkets (2016-2026) ($MN)
29 Global Electronic Cigarette Market Outlook, By Tobacconist (2016-2026) ($MN)
30 Global Electronic Cigarette Market Outlook, By Vape Shops (2016-2026) ($MN)
31 Global Electronic Cigarette Market Outlook, By Other Distribution Channels (2016-2026) ($MN)
32 Global Electronic Cigarette Market Outlook, By Age-Group (2016-2026) ($MN)
33 Global Electronic Cigarette Market Outlook, By 16-24 (2016-2026) ($MN)
34 Global Electronic Cigarette Market Outlook, By 25-34 (2016-2026) ($MN)
35 Global Electronic Cigarette Market Outlook, By 35-44 (2016-2026) ($MN)
36 Global Electronic Cigarette Market Outlook, By 45-54 (2016-2026) ($MN)
37 Global Electronic Cigarette Market Outlook, By 55-65 (2016-2026) ($MN)
38 Global Electronic Cigarette Market Outlook, By 65+ (2016-2026) ($MN)
39 Global Electronic Cigarette Market Outlook, By Battery Mode (2016-2026) ($MN)
40 Global Electronic Cigarette Market Outlook, By Automatic E-Cigarette (2016-2026) ($MN)
41 Global Electronic Cigarette Market Outlook, By Manual E-Cigarette (2016-2026) ($MN)
42 Global Electronic Cigarette Market Outlook, By Gender (2016-2026) ($MN)
43 Global Electronic Cigarette Market Outlook, By Female (2016-2026) ($MN)
44 Global Electronic Cigarette Market Outlook, By Male (2016-2026) ($MN)
       
NOTE: The tables for North America, Europe, APAC, Middle East, Latin America, and Rest of the World Regions are also represented in the same manner as above.

 

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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