Global E-cigarette Market 2022-2026
Technavio has been monitoring the e-cigarette market and it is poised to grow by $ 14.39 bn during 2022-2026 progressing at a CAGR of 11% during the forecast period. Our report on the e-cigarette market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by increasing investments by vendors and the less harmful nature of e-cigarettes.
The e-cigarette market analysis includes the product segment and geographic landscape.
Technavio's e-cigarette market is segmented as below:
By Product
- Modular e-cigarette
- Next-generation products
- Rechargeable e-cigarette
- Disposable e-cigarette
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- MEA
This study identifies the increasing availability of e-cigarette across various distribution channels as one of the prime reasons driving the e-cigarette market growth during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on e-cigarette market covers the following areas:
- E-cigarette market sizing
- E-cigarette market forecast
- E-cigarette market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading e-cigarette market vendors that include Altria Group Inc., British American Tobacco Plc, Imperial Brands Plc, Japan Tobacco Inc., JUUL Labs Inc., Nicopure Labs LLC, NJOY LLC, Philip Morris International Inc., Shenzhen IVPS Technology Co. Ltd., and Turning Point Brands Inc. Also, the e-cigarette market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Companies MentionedAltria Group Inc., British American Tobacco Plc, Imperial Brands Plc, Japan Tobacco Inc., JUUL Labs Inc., Nicopure Labs LLC, NJOY LLC, Philip Morris International Inc., Shenzhen IVPS Technology Co. Ltd., Turning Point Brands Inc.