Reports
Reports
Sale
The global e-cigarette market reached a value of USD 19.05 billion in 2023. The e-cigarette market is further expected to grow at a CAGR of about 13% in the forecast period of 2024-2032 to reach a value of about USD 57.25 billion by 2032.
The global e-cigarette market is led by the North America region. The increasing trend of do-it-yourself (DIY) e-liquid is also creating positive market prospects by combining different aromas according to consumer preference requirements, with the implementation of various flavoured variants and easy product availability through online retail portals. The demand is likely to continue growing due to multiple factors, including the growing number of female smokers, technological advancements, as well as comprehensive research and development (R&D).
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Since e-commerce trends are increasing, online distribution is gaining momentum as a strong distribution channel. Most ex-smokers need a high degree of nicotine concentration, so the pods would possibly typically come with the stronger nicotine oil (nicotine oil) electric liquids, enabling them to raise blood's nicotine's peak concentration and becoming a common alternative to the traditional electronic liquid.
E-cigarettes are battery-powered equipment containing a liquid, which can be inhaled by people as a vapour by heating the liquid. They are also referred to as e-cigs and vapes. The vapour inhaled can contain nicotine and aromatic and flavouring agents.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Based on product, the e-cigarette market can be divided into the following:
On the basis of flavour, the industry can be divided into the following:
Based on battery mode, the e-cigarette market can be categorised as follows:
On the basis of distribution channel, the industry can be divided as follows:
The major regional e-cigarette markets include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The rising number of smokers worldwide is driving the global e-cigarette market. The smokers, however, are becoming more conscious of the negative effects of regular cigarettes, causing them to turn to e-cigarettes as a better option. Therefore, the increasing desire among the consumers to quit smoking tobacco products has helped to raise e-cigarettes sales. The industry for e-cigarettes has been further driven by product advancements, including the introduction of new generation e-cigs offering consumers versatility in terms of strength and refill. The conveniently available mod and pod vapes also have a positive impact on the growth of the global e-cigarette market.
The report gives a detailed analysis of the following key players in the global e-cigarette market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
Breakup by Product |
|
Breakup by Flavour |
|
Breakup by Battery Mode |
|
Breakup by Distribution Channel |
|
Breakup by Region |
|
Market Dynamics |
|
Competitive Landscape |
|
Companies Covered |
|
Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global E-Cigarette Market Analysis
8.1 Key Industry Highlights
8.2 Global E-Cigarette Historical Market (2018-2023)
8.3 Global E-Cigarette Market Forecast (2024-2032)
8.4 Global E-Cigarette Market by Product
8.4.1 Modular E-Cigarette
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Rechargeable E-Cigarette
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Next-Generation E-Cigarette
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Disposable E-Cigarette
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.5 Global E-Cigarette Market by Flavour
8.5.1 Tobacco
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Botanical
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Fruit
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Sweet
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Others
8.6 Global E-Cigarette Market by Battery Mode
8.6.1 Automatic E-Cigarette
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Manual E-Cigarette
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.7 Global E-Cigarette Market by Distribution Channel
8.7.1 Specialist E-Cig Shops
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Online
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Supermarkets and Hypermarkets
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Tobacconist
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Others
8.8 Global E-Cigarette Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
9 North America E-Cigarette Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe E-Cigarette Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific E- Cigarette Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America E-Cigarette Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa E-Cigarette Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Philip Morris Products S.A.
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 British American Tobacco Plc
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Japan Tobacco, Inc.
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 ITC Limited
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global E-Cigarette Market: Key Industry Highlights, 2018 and 2032
2. Global E-Cigarette Historical Market: Breakup by Product (USD Billion), 2018-2023
3. Global E-Cigarette Market Forecast: Breakup by Product (USD Billion), 2024-2032
4. Global E-Cigarette Historical Market: Breakup by Flavour (USD Billion), 2018-2023
5. Global E-Cigarette Market Forecast: Breakup by Flavour (USD Billion), 2024-2032
6. Global E-Cigarette Historical Market: Breakup by Battery Mode (USD Billion), 2018-2023
7. Global E-Cigarette Market Forecast: Breakup by Battery Mode (USD Billion), 2024-2032
8. Global E-Cigarette Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
9. Global E-Cigarette Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
10. Global E-Cigarette Historical Market: Breakup by Region (USD Billion), 2018-2023
11. Global E-Cigarette Market Forecast: Breakup by Region (USD Billion), 2024-2032
12. North America E-Cigarette Historical Market: Breakup by Country (USD Billion), 2018-2023
13. North America E-Cigarette Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Europe E-Cigarette Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Europe E-Cigarette Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Asia Pacific E-Cigarette Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Asia Pacific E-Cigarette Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Latin America E-Cigarette Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Latin America E-Cigarette Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Middle East and Africa E-Cigarette Historical Market: Breakup by Country (USD Billion), 2018-2023
21. Middle East and Africa E-Cigarette Market Forecast: Breakup by Country (USD Billion), 2024-2032
22. Global E-Cigarette Market Structure
The global e-cigarette market reached a value of USD 19.05 billion in 2023.
The market is projected to grow at a CAGR of nearly 13% in the forecast period of 2024-2032.
The market is estimated to reach a value of about USD 57.25 billion by 2032.
The major drivers of the market include rising disposable incomes, increasing population, and the rising awareness among consumers about the ill-effects of traditional cigarettes.
The rising desire among the consumers to quit smoking tobacco products and rising population of smokers are expected to be key trends guiding the growth of the market.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market.
Next-generation e-cigarette, modular e-cigarette, rechargeable e-cigarette, and disposable e-cigarette are the dominant products in the market.
Tobacco, botanical, fruit, and sweet, among others are the leading flavours of e-cigarette in the market.
The automatic e-cigarettes and manual e-cigarette are the various battery modes available in the market.
Specialty e-cigarette shops, online, supermarkets and hypermarkets and tobacconist, among others are the leading distribution channels in the market.
The key players in the global e-cigarette market are Philip Morris Products S.A., British American Tobacco Plc, Japan Tobacco, Inc., and ITC Limited, among others.
The global e-cigarette market attained a value of USD 19.05 billion in 2023, driven by the rising population of smokers. Aided by the increasing technological advancement, the e-cigarette market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 13%. The market is projected to reach USD 57.25 billion by 2032.
EMR's meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on its products, the global e-cigarette market can be segmented into modular, rechargeable, next-generation, and disposable e-cigarette, with next-generation e-cigarette accounting for the largest market share. By flavour, tobacco leads the industry. On the basis of battery modes, automatic e-cigarettes segment accounts for the largest share in the global industry. The distribution channel is led by specialty e-cigarette shops. The major regional markets for e-cigarette are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America accounting for the largest share of the market. The key players in the above industry include Philip Morris Products S.A., British American Tobacco Plc, Japan Tobacco, Inc., and ITC Limited, among others.
EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
Mini Report
Single User License
Five User License
Corporate License
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.