Your CatalystTo a Lucrative Business
E-cigarette Market Share, Size, Analysis, Growth, Trends and Forecasts to 2024 | Hexa Research
“E-cigarette Market Size To Be Worth USD 44.56
Billion By 2024”
23 October 2018, The global E-Cigarette Market is set to reach USD 44.55 billion by 2024, driven by the rising consumer demand for resource competent vaping products. The growth for e-cigarette market is prominently being driven by growing health awareness and environment-friendly usage. Need for the alternative product as a result of rising taxes on traditional cigarettes (tobacco rolled) and its products has been one of the factors driving the growth of the electronic cigarette industry. Emerging factors such as increasing awareness about harmful effects of traditional cigarettes, improving lifestyle, and growing e-commerce business are expected to upsurge the growth of the market for the forecast period. In addition, various mergers and acquisitions are also expected to fuel the market growth. For instance, in 2012, a merger took placed between tobacco giant Lorillard and U.S.-based e-cigarette company Blue Ecigs, which helped them to roll out their own brands by leveraging the technology possessed by Blu Ecigs. Browse Details of Report @ https://www.hexaresearch.com/research-report/e-cigarette-market
Follow Us:
Your CatalystTo a Lucrative Business The e-cigarette vendors are introducing a variety of flavors which differs from menthol to the fusion of fruits and flavoring substances. These flavors are becoming a differentiator for vendors. The market for e-cigarettes in North America and Europe is projected to grow on account of increase in disposable incomes and smokers’ population in these regions. Asia Pacific market was valued at USD 946.2 million in 2016 and is expected to grow rapidly during the forecast period. The growth of the market in Asia Pacific region is subjected to factors such as product availability and increasing awareness regarding the ill effects associated with traditional (tobacco rolled) cigarettes in countries s uch as India, Malaysia, and China. The electronic cigarettes market has been segmented on the basis of products such as modular, rechargeable and disposable e-cigarettes. Among these, modular e-cigarettes are popular among consumers, followed by rechargeable and disposable. Modular e-cigarettes provide flexibility in flavors, besides improved inhaling experience which gives greater satisfaction to the user. Companies are focusing on diversifying their portfolio by offering flavors, aesthetic properties, an d nonhazardous ingredients to end users. By acquiring Lorillard in 2014, Reynolds American has become largest vendor in the North American market. The acquisition created a competition to Altria, a well -established player in the market. The deal united some notable cigarette brands, such as American Spirit, Pall Mall, Newport, and Camel. Hexa Research has segmented the global e-cigarette market based on product and region: Segmentation by product, 2014 - 2024 (USD Million) • Disposables • Rechargeable • Modular Segmentation by region, 2014 - 2024 (USD Million) • North America • Europe • Asia Pacific • ROW Key players analyzed: • Altria Group Inc. • British American Tobacco Plc. • Japan Tobacco Inc. • Imperial Brands Plc. • Phillip Morris International Inc. • Reynolds American Inc. • VMR Products LLC • Nicotek LLC • Njoy Inc. • International Vapor Group Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/electronicdevices-industry
Follow Us:
Your CatalystTo a Lucrative Business Table of Content of E-cigarette Market Chapter 1. Market Summary 1.1. Market trends & movement Chapter 2. E-cigarette Market Trends: Drivers & Opportunities 2.1. Introduction 2.2. Key industry trends 2.3. Market drivers 2.4. Market restraints 2.5. Value chain analysis 2.6. Porter's Five Forces analysis 2.7. SWOT Chapter 3. E-cigarette Market Trends, By Product 3.1. Global E-cigarette market movement, by product, 2016 & 2024 3.1.1. Modular 3.1.1.1. Market estimates and forecast, 2014 - 2024 (USD Million) 3.1.2. Disposable 3.1.2.1. Market estimates and forecast, 2014 - 2024 (USD Million) 3.1.3. Rechargeable 3.1.3.1. Market estimates and forecast, 2014 - 2024 (USD Million) Chapter 4. E-cigarette Market Trends, By Region 4.1. Global E-cigarette Market movement, by region, 2014 & 2024 4.1.1. North America 4.1.1.1. Market estimates and forecast, 2014 - 2024 (USD Million) 4.1.1.2. Market estimates and forecast, by product, 2014 - 2024 (USD Million) 4.1.2. Europe 4.1.2.1. Market estimates and forecast, 2014 - 2024 (USD Million) 4.1.2.2. Market estimates and forecast, by product, 2014 - 2024 (USD Million) 4.1.3. Asia Pacific 4.1.3.1. Market estimates and forecast, 2014 - 2024 (USD Million) 4.1.3.2. Market estimates and forecast, by product, 2014 - 2024 (USD Million) 4.1.4. Rest of World
Follow Us:
Your CatalystTo a Lucrative Business 4.1.4.1. Market estimates and forecast, 2014 - 2024 (USD Million) 4.1.4.2. Market estimates and forecast, by product, 2014 - 2024 (USD Million) Chapter 5. Key Country Markets 5.1. U.S. 5.1.1. Market estimates and forecast, 2014 - 2024 (USD Million) 5.1.2. Market estimates and forecast, by product, 2014 - 2024 (USD Million) 5.2. Italy 5.2.1. Market estimates and forecast, 2014 - 2024 (USD Million) 5.2.2. Market estimates and forecast, by product, 2014 - 2025 (USD Million) 5.3. UK 5.3.1. Market estimates and forecast, 2014 - 2024 (USD Million) 5.3.2. Market estimates and forecast, by product, 2014 - 2025 (USD Million) 5.4. China 5.4.1. Market estimates and forecast, 2014 - 2024 (USD Million) 5.4.2. Market estimates and forecast, by product, 2014 - 2025 (USD Million) 5.5. Malaysia 5.5.1. Market estimates and forecast, 2014 - 2024 (USD Million) 5.5.2. Market estimates and forecast, by product, 2014 - 2024 (USD Million) Chapter 6. Competitive Landscape 6.1. Competitive landscape analysis, 2016 6.2. Strategic framework 6.3. Potential customer base concentration 6.4. Company market positioning 6.5. Company profiles 6.5.1. Altria Group Inc. 6.5.1.1. Company Overview 6.5.1.2. Product Benchmarking 6.5.1.3. Financial Performance 6.5.1.4. Recent Initiatives 6.5.2. British American Tobacco Plc. 6.5.2.1. Company Overview 6.5.2.2. Product Benchmarking 6.5.2.3. Financial Performance 6.5.2.4. Recent Initiatives
Follow Us:
Your CatalystTo a Lucrative Business 6.5.3. Japan Tobacco Inc. 6.5.3.1. Company Overview 6.5.3.2. Product Benchmarking 6.5.3.3. Financial Performance 6.5.3.4. Recent Initiatives 6.5.4. Imperial Brands Plc. 6.5.4.1. Company Overview 6.5.4.2. Product Benchmarking 6.5.4.3. Financial Performance 6.5.4.4. Recent Initiatives 6.5.5. Phillip Morris International Inc. 6.5.5.1. Company Overview 6.5.5.2. Product Benchmarking 6.5.5.3. Financial Performance 6.5.5.4. Recent Initiatives 6.5.6. Reynolds American Inc. 6.5.6.1. Company Overview 6.5.6.2. Product Benchmarking 6.5.6.3. Financial Performance 6.5.6.4. Recent Initiatives 6.5.7. VMR Products LLC 6.5.7.1. Company Overview 6.5.7.2. Product Benchmarking 6.5.7.3. Financial Performance 6.5.7.4. Recent Initiatives 6.5.8. Nicotek LLC 6.5.8.1. Company Overview 6.5.8.2. Product Benchmarking 6.5.8.3. Financial Performance 6.5.8.4. Recent Initiatives 6.5.9. Njoy Inc. 6.5.9.1. Company Overview 6.5.9.2. Product Benchmarking 6.5.9.3. Financial Performance 6.5.9.4. Recent Initiatives 6.5.10. International Vapor Group
Follow Us:
Your CatalystTo a Lucrative Business 6.5.10.1. Company Overview 6.5.10.2. Product Benchmarking 6.5.10.3. Financial Performance 6.5.10.4. Recent Initiatives 6.5.11. List of other vendors Chapter 7. Methodology and Scope 7.1. Research methodology 7.2. Research Scope & Assumptions 7.3. List of data sources
Follow Us:
Your CatalystTo a Lucrative Business About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email:
[email protected] Website - https://www.hexaresearch.com/
Follow Us:
