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Latin America E-cigarettes Market Report and Forecast 2025-2034

Publisher Expert Market Research
Published May 29, 2025
Length 124 Pages
SKU # EMAR20078740

Description

The Latin America e-cigarettes market size is projected to grow at a CAGR of 7.00% between 2025 and 2034.

One of the primary market trends is the growing awareness about the health risks associated with traditional tobacco smoking, which is leading consumers to seek e-cigarettes, as they do not produce carbon monoxide or tar, two of the most harmful components of tobacco smoke. This trend is particularly prevalent among younger generations, who are more open to new alternatives.

Another key trend is the availability of a wide range of flavours and nicotine strengths in such cigarettes. For example, companies like JUUL Labs and Vuse have introduced a variety of flavors, such as mint, mango, and creme brulee, to appeal to a broader range of consumers.

E-cigarettes are also being widely used as a smoking cessation aid, further driving Latin America e-cigarettes market growth. As more people look for ways to quit smoking, e-cigarettes are becoming a popular option. This trend is continuing as smoking rates are already declining in Latin America.

Additionally, the introduction of disposable e-cigarettes that are often marketed as a more convenient and affordable alternative to traditional e-cigarettes is influencing Latin America e-cigarettes market share. This trend is particularly prevalent in developing markets, where disposable e-cigarettes are becoming a popular option for consumers looking for a less expensive and more accessible alternative to traditional e-cigarettes.

Open vaping systems allow users to customise their vaping experience by using their preferred e-liquid. The segment is anticipated to benefit from the growing trend of vapers experimenting with different flavours and nicotine strengths. Closed vaping systems, come pre-filled with e-liquid and are designed for convenience and ease of use. The segment is growing due to the increasing demand for user-friendly and discreet vaping options.

Market Segmentation

Latin America E-cigarettes Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

Open Vaping System
Closed Vaping System (Disposable Devices)

Market Breakup by Distribution Channel

Online
Offline

Market Breakup by Country

Chile
Colombia
Paraguay
Others

Competitive Landscape

Market players are navigating regulatory challenges, technological advancements, and the shift towards online retail channels to gain a competitive edge in the market.

InnokinTechnology
British American Tobacco PLC
Shenzhen Kanger Technology Co., Ltd.
Shenzhen IVPS Technology CO. Limited
Latam Vaping Co.
JUUL Labs, Inc.
GEEKVAPE
LOSTVAPE
Shenzhen UWELL Technology Co., Ltd.
Voopoo
Others

Table of Contents

124 Pages
1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Countries
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Global E-Cigarettes Market Overview
5.1 Key Industry Highlights
5.2 Global E-Cigarettes Historical Market (2018-2024)
5.3 Global E-Cigarettes Market Forecast (2025-2034)
5.4 Global E-Cigarettes Market Share by Region
5.4.1 North America
5.4.2 Europe
5.4.3 Asia Pacific
5.4.4 Latin America
5.4.5 Middle East and Africa
6 Latin America E-Cigarettes Market Overview
6.1 Key Industry Highlights
6.2 Latin America E-Cigarettes Historical Market (2018-2024)
6.3 Latin America E-Cigarettes Market Forecast (2025-2034)
7 Latin America E-Cigarettes Market by Type
7.1 Open Vaping System
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Closed Vaping System (Disposable Devices)
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
8 Latin America E-Cigarettes Market by Distribution Channel
8.1 Online
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Offline
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
9 Latin America E-Cigarettes Market by Country
9.1 Chile
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Colombia
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
9.3 Paraguay
9.3.1 Historical Trend (2018-2024)
9.3.2 Forecast Trend (2025-2034)
9.4 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators of Demand
10.4 Key Indicators of Price
11 Competitive Landscape
11.1 Supplier Selection
11.2 Key Global Players
11.3 Key Regional Players
11.4 Key Player Strategies
11.5 Company Profiles
11.5.1 InnokinTechnology
11.5.1.1 Company Overview
11.5.1.2 Product Portfolio
11.5.1.3 Demographic Reach and Achievements
11.5.1.4 Certifications
11.5.2 British American Tobacco PLC
11.5.2.1 Company Overview
11.5.2.2 Product Portfolio
11.5.2.3 Demographic Reach and Achievements
11.5.2.4 Certifications
11.5.3 Shenzhen Kanger Technology Co., Ltd.
11.5.3.1 Company Overview
11.5.3.2 Product Portfolio
11.5.3.3 Demographic Reach and Achievements
11.5.3.4 Certifications
11.5.4 Shenzhen IVPS Technology CO. Limited
11.5.4.1 Company Overview
11.5.4.2 Product Portfolio
11.5.4.3 Demographic Reach and Achievements
11.5.4.4 Certifications
11.5.5 Latam Vaping Co.
11.5.5.1 Company Overview
11.5.5.2 Product Portfolio
11.5.5.3 Demographic Reach and Achievements
11.5.5.4 Certifications
11.5.6 JUUL Labs, Inc.
11.5.6.1 Company Overview
11.5.6.2 Product Portfolio
11.5.6.3 Demographic Reach and Achievements
11.5.6.4 Certifications
11.5.7 GEEKVAPE
11.5.7.1 Company Overview
11.5.7.2 Product Portfolio
11.5.7.3 Demographic Reach and Achievements
11.5.7.4 Certifications
11.5.8 LOSTVAPE
11.5.8.1 Company Overview
11.5.8.2 Product Portfolio
11.5.8.3 Demographic Reach and Achievements
11.5.8.4 Certifications
11.5.9 Shenzhen UWELL Technology Co., Ltd.
11.5.9.1 Company Overview
11.5.9.2 Product Portfolio
11.5.9.3 Demographic Reach and Achievements
11.5.9.4 Certifications
11.5.10 Voopoo
11.5.10.1 Company Overview
11.5.10.2 Product Portfolio
11.5.10.3 Demographic Reach and Achievements
11.5.10.4 Certifications
11.5.11 Others

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