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Market Research Report

E-Cigarette Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

Published by IMARC Services Private Limited Product code 864964
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E-Cigarette Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024
Published: June 10, 2019 Content info: 131 Pages
Description

The global e-cigarette market reached a value of US$ 11.5 Billion in 2018. E-cigarettes are battery-powered vapor devices that deliver dosages of vaporized nicotine or flavored solutions to the users. They consist of three main components, namely, a heating coil, a battery and a liquid cartridge. They are also known as e-cigs, e-vaping devices, vape pens, electronic cigarettes or electronic nicotine delivery systems. E-cigarettes are available in different forms and can resemble traditional cigarettes, pipes or cigars. As these devices do not burn tobacco, which produces tar and carbon monoxide, they are considered to be safer than conventional cigarettes. In recent years, they have gained popularity, especially among young adults and adolescents, due to their easy availability and aggressive promotion by manufacturers.

Market Drivers:

  • The willingness of consumers to quit smoking tobacco products and their perception of e-cigarettes as a safer alternative to traditional cigarettes have led to the increased demand for these devices across the globe. In line with this, the manufacturers are introducing new-generation e-cigarettes which offer different strengths of nicotine and allow the users to refill the cartridge. Moreover, the leading manufacturers are acquiring or entering into partnerships with small and domestic vendors. For instance, Japan Tobacco International (JTI) acquired the UK-based e-cigarette brand E-Lites to develop new products and to commercialize its vaporizers worldwide. These players are also introducing an extensive range of flavors, such as tobacco, fruits and botanicals, in response to the evolving consumer preferences. Further, they are developing the designs and technology of e-cigarettes to improve their functioning. According to IMARC Group, the market value is expected to reach US$ 24.2 Billion by 2024, exhibiting a CAGR of around 13% during 2019-2024.

Report Market:

  • Historical, Current and Future Market Trends

Market Breakup by Product:

  • Modular E-Cigarette
  • Rechargeable E-Cigarette
  • Next-Generation E-Cigarette
  • Disposable E-Cigarette

Market Breakup by Flavor:

  • Tobacco
  • Botanical
  • Fruit
  • Sweet
  • Beverage
  • Others

Market Breakup by Battery Mode:

  • Automatic E-Cigarette
  • Manual E-Cigarette

Market Breakup by Distribution Channel:

  • Specialist E-Cig Shops
  • Online
  • Supermarkets and Hypermarkets
  • Tobacconist
  • Others

Breakup by Region:

  • Asia Pacific
  • Europe
  • North America
  • Middle East and Africa
  • Latin America

Competitive Landscape:

  • The report has also analysed the competitive landscape of the market with some of the key players being Philip Morris International, Altria Group Inc., British American Tobacco PLC, Japan Tobacco, Inc., Imperial Tobacco Group, International Vapor Group, Nicotek Llc, Njoy Inc., Reynolds American Inc., Vmr Flavours Llc., MCIG Inc., ITC Limited, J WELL France, etc.

Key Questions Answered in This Report:

  • How has the global e-cigarette market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the global e-cigarette industry?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the flavor?
  • What is the breakup of the market based on the battery mode?
  • What is the breakup of the market based on the distribution channel?
  • What are the various stages in the value chain of the global e-cigarette industry?
  • What are the key driving factors and challenges in the global e-cigarette industry?
  • What is the structure of the global e-cigarette industry and who are the key players?
  • What is the degree of competition in the global e-cigarette industry?
  • What are the profit margins in the global e-cigarette industry?
Table of Contents
Product Code: SR1019A26_Report

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global E-Cigarette Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Market Breakup by Product
  • 5.4 Market Breakup by Flavor
  • 5.5 Market Breakup by Battery Mode
  • 5.6 Market Breakup by Distribution Channel
  • 5.7 Market Breakup by Region
  • 5.8 Market Forecast

6 Market Breakup Product

  • 6.1 Modular E-Cigarette
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Rechargeable E-Cigarette
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Next-Generation E-Cigarette
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast
  • 6.4 Disposable E-Cigarette
    • 6.4.1 Market Trends
    • 6.4.2 Market Forecast

7 Market Breakup by Flavor

  • 7.1 Tobacco
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Botanical
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Fruit
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast
  • 7.4 Sweet
    • 7.4.1 Market Trends
    • 7.4.2 Market Forecast
  • 7.5 Beverage
    • 7.5.1 Market Trends
    • 7.5.2 Market Forecast
  • 7.6 Others
    • 7.6.1 Market Trends
    • 7.6.2 Mar ket Forecast

8 Market Breakup by Battery Mode

  • 8.1 Automatic E-Cigarette
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Manual E-Cigarette
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast

9 Market Breakup by Distribution Channel

  • 9.1 Specialist E-Cig Shops
    • 9.1.1 Market Trends
    • 9.1.2 Market Forecast
  • 9.2 Online
    • 9.2.1 Market Trends
    • 9.2.2 Market Forecast
  • 9.3 Supermarkets and Hypermarkets
    • 9.3.1 Market Trends
    • 9.3.2 Market Forecast
  • 9.4 Tobacconist
    • 9.4.1 Market Trends
    • 9.4.2 Market Forecast
  • 9.5 Others
    • 9.5.1 Market Trends
    • 9.5.2 Market Forecast

10 Market Breakup by Region

  • 10.1 Asia Pacific
    • 10.1.1 Market Trends
    • 10.1.2 Market Forecast
  • 10.2 Europe
    • 10.2.1 Market Trends
    • 10.2.2 Market Forecast
  • 10.3 North America
    • 10.3.1 Market Trends
    • 10.3.2 Market Forecast
  • 10.4 Middle East and Africa
    • 10.4.1 Market Trends
    • 10.4.2 Market Forecast
  • 10.5 Latin America
    • 10.5.1 Market Trends
    • 10.5.2 Market Forecast

11 SWOT Analysis

  • 11.1 Overview
  • 11.2 Strengths
  • 11.3 Weaknesses
  • 11.4 Opportunities
  • 11.5 Threats

12 Value Chain Analysis

13 Porters Five Forces Analysis

  • 13.1 Overview
  • 13.2 Bargaining Power of Buyers
  • 13.3 Bargaining Power of Suppliers
  • 13.4 Degree of Competition
  • 13.5 Threat of New Entrants
  • 13.6 Threat of Substitutes

14 Price Analysis

  • 14.1 Price Indicators
  • 14.2 Price Structure
  • 14.3 Margin Analysis

15 Competitive Landscape

  • 15.1 Market Structure
  • 15.2 Key Players
  • 15.3 Profiles of Key Players
    • 15.3.1 Philip Morris International
    • 15.3.2 Altria Group Inc.
    • 15.3.3 British American Tobacco PLC
    • 15.3.4 Japan Tobacco, Inc.
    • 15.3.5 Imperial Tobacco Group
    • 15.3.6 International Vapor Group
    • 15.3.7 Nicotek Llc, Njoy Inc.
    • 15.3.8 Reynolds American Inc.
    • 15.3.9 Vmr Flavours Llc.
    • 15.3.10 MCIG Inc.
    • 15.3.11 ITC Limited
    • 15.3.12 J Well France

List of Figures

  • Figure 1: Global: E-Cigarette Market: Major Drivers and Challenges
  • Figure 2: Global: E-Cigarette Market: Sales Value (in Billion US$), 2013-2018
  • Figure 3: Global: E-Cigarette Market: Breakup by Product (in %), 2018
  • Figure 4: Global: E-Cigarette Market: Breakup by Flavor (in %), 2018
  • Figure 5: Global: E-Cigarette Market: Breakup by Battery Mode (in %), 2018
  • Figure 6: Global: E-Cigarette Market: Breakup by Distribution Channel (in %), 2018
  • Figure 7: Global: E-Cigarette Market: Breakup by Region (in %), 2018
  • Figure 8: Global: E-Cigarette Market Forecast: Sales Value (in Billion US$), 2019-2024
  • Figure 9: Global: E-Cigarette Industry: SWOT Analysis
  • Figure 10: Global: E-Cigarette Industry: Value Chain Analysis
  • Figure 11: Global: E-Cigarette Industry: Porter's Five Forces Analysis
  • Figure 12: Global: E-Cigarette (Modular) Market: Sales Value (in Million US$), 2013-2018
  • Figure 13: Global: E-Cigarette (Modular) Market Forecast: Sales Value (in Million US$), 2019-2024
  • Figure 14: Global: E-Cigarette (Rechargeable) Market: Sales Value (in Million US$), 2013-2018
  • Figure 15: Global: E-Cigarette (Rechargeable) Market Forecast: Sales Value (in Million US$), 2019-2024
  • Figure 16: Global: E-Cigarette (Next-Generation) Market: Sales Value (in Million US$), 2013-2018
  • Figure 17: Global: E-Cigarette (Next-Generation) Market Forecast: Sales Value (in Million US$), 2019-2024
  • Figure 18: Global: E-Cigarette (Disposable) Market: Sales Value (in Million US$), 2013-2018
  • Figure 19: Global: E-Cigarette (Disposable) Market Forecast: Sales Value (in Million US$), 2019-2024
  • Figure 20: Global: E-Cigarette (Tobacco) Market: Sales Value (in Million US$), 2013-2018
  • Figure 21: Global: E-Cigarette (Tobacco) Market Forecast: Sales Value (in Million US$), 2019-2024
  • Figure 22: Global: E-Cigarette (Botanical) Market: Sales Value (in Million US$), 2013-2018
  • Figure 23: Global: E-Cigarette (Botanical) Market Forecast: Sales Value (in Million US$), 2019-2024
  • Figure 24: Global: E-Cigarette (Fruit) Market: Sales Value (in Million US$), 2013-2018
  • Figure 25: Global: E-Cigarette (Fruit) Market Forecast: Sales Value (in Million US$), 2019-2024
  • Figure 26: Global: E-Cigarette (Sweet) Market: Sales Value (in Million US$), 2013-2018
  • Figure 27: Global: E-Cigarette (Sweet) Market Forecast: Sales Value (in Million US$), 2019-2024
  • Figure 28: Global: E-Cigarette (Beverage) Market: Sales Value (in Million US$), 2013-2018
  • Figure 29: Global: E-Cigarette (Beverage) Market Forecast: Sales Value (in Million US$), 2019-2024
  • Figure 30: Global: E-Cigarette (Other Flavors) Market: Sales Value (in Million US$), 2013-2018
  • Figure 31: Global: E-Cigarette (Other Flavors) Market Forecast: Sales Value (in Million US$), 2019-2024
  • Figure 32: Global: E-Cigarette (Automatic) Market: Sales Value (in Million US$), 2013-2018
  • Figure 33: Global: E-Cigarette (Automatic) Market Forecast: Sales Value (in Million US$), 2019-2024
  • Figure 34: Global: E-Cigarette (Manual) Market: Sales Value (in Million US$), 2013-2018
  • Figure 35: Global: E-Cigarette (Manual) Market Forecast: Sales Value (in Million US$), 2019-2024
  • Figure 36: Global: E-Cigarette Market: Sales Through Specialist E-Cig Shops (in Million US$), 2013-2018
  • Figure 37: Global: E-Cigarette Market Forecast: Sales Through Specialist E-Cig Shops (in Million US$), 2019-2024
  • Figure 38: Global: E-Cigarette Market: Online Sales (in Million US$), 2013-2018
  • Figure 39: Global: E-Cigarette Market Forecast: Online Sales (in Million US$), 2019-2024
  • Figure 40: Global: E-Cigarette Market: Sales Through Supermarkets and Hypermarkets (in Million US$), 2013-2018
  • Figure 41: Global: E-Cigarette Market Forecast: Sales Through Supermarkets and Hypermarkets (in Million US$), 2019-2024
  • Figure 42: Global: E-Cigarette Market: Sales Through Tobacconist (in Million US$), 2013-2018
  • Figure 43: Global: E-Cigarette Market Forecast: Sales Through Tobacconist (in Million US$), 2019-2024
  • Figure 44: Global: E-Cigarette Market: Sales Through Other Distribution Channels (in Million US$), 2013-2018
  • Figure 45: Global: E-Cigarette Market Forecast: Sales Through Other Distribution Channels (in Million US$), 2019-2024
  • Figure 46: Asia Pacific: E-Cigarette Market: Sales Value (in Million US$), 2013-2018
  • Figure 47: Asia Pacific: E-Cigarette Market Forecast: Sales Value (in Million US$), 2019-2024
  • Figure 48: Europe: E-Cigarette Market: Sales Value (in Million US$), 2013-2018
  • Figure 49: Europe: E-Cigarette Market Forecast: Sales Value (in Million US$), 2019-2024
  • Figure 50: North America: E-Cigarette Market: Sales Value (in Million US$), 2013-2018
  • Figure 51: North America: E-Cigarette Market Forecast: Sales Value (in Million US$), 2019-2024
  • Figure 52: Middle East and Africa: E-Cigarette Market: Sales Value (in Million US$), 2013-2018
  • Figure 53: Middle East and Africa: E-Cigarette Market Forecast: Sales Value (in Million US$), 2019-2024
  • Figure 54: Latin America: E-Cigarette Market: Sales Value (in Million US$), 2013-2018
  • Figure 55: Latin America: E-Cigarette Market Forecast: Sales Value (in Million US$), 2019-2024

List of Tables

  • Table 1: Global: E-Cigarette Market: Key Industry Highlights, 2018 and 2024
  • Table 2: Global: E-Cigarette Market Forecast: Breakup by Product (in Million US$), 2019-2024
  • Table 3: Global: E-Cigarette Market Forecast: Breakup by Flavor (in Million US$), 2019-2024
  • Table 4: Global: E-Cigarette Market Forecast: Breakup by Battery Mode (in Million US$), 2019-2024
  • Table 5: Global: E-Cigarette Market Forecast: Breakup by Distribution Channel (in Million US$), 2019-2024
  • Table 6: Global: E-Cigarette Market Forecast: Breakup by Region (in Million US$), 2019-2024
  • Table 7: Global: E-Cigarette Market Structure
  • Table 8: Global: E-Cigarette Market: Key Players
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