An e-cigarette, also known as an e-vaping device, personal vaporizer, or electronic nicotine delivery system contains a heating element that vaporizes liquid nicotine or a flavored liquid. These liquids, called e-liquids, are available in more than 4,000 flavors, with vendors adding more than 300 flavors every month. One e-cigarette is equal to 6-8 tobacco cigarettes.
Technavio's analysts forecast the global e-cigarette market to grow at a CAGR of 24.33% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global e-cigarette market for 2016-2020. To arrive at the market size, the study considers the revenue generated from the worldwide retail sales of e-cigarettes in the market. The study considers the following product segments for calculating the market size:
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* First-generation e-cigarettes, also known as disposables or cigalikes
* Second-generation e-cigarettes, also known as rechargeables
* Third-generation e-cigarettes, also known as vapors, tanks, and mods (VTMs) or personal vaporizers or modular units
* Refill cartridges used for supplying e-liquid to e-cigarettes
* E-liquids, also known as e-juice
The market is divided into the following segments based on geography:
* APAC
* Central and South America
* Eastern and Central Europe
* MEA
* North America
* Western Europe
Technavio's report, Global E-Cigarette Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
* Reynolds American
* Imperial Brands
* Japan Tobacco
* Altria Group
* NJOY
* British American Tobacco
Other prominent vendors
* Ballantyne Brands
* CB Distributors
* ECIG
* Gamucci
* Nicotek
* RRR Chemicals
* Vapor
* VMR Products
* White Cloud
Market driver
* Perceived as an alternative to tobacco smoking
* For a full, detailed list, view our report
Market challenge
* Increasing incidences of e-cigarette explosion
* For a full, detailed list, view our report
Market trend
* Introduction of e-cigarettes with new technology
* For a full, detailed list, view our report
Key questions answered in this report
* What will the market size be in 2020 and what will the growth rate be?
* What are the key market trends?
* What is driving this market?
* What are the challenges to market growth?
* Who are the key vendors in this market space?
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Global E-cigarette Market 2016-2020: New research report available at Fast Market Research
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Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001