Global E-Cigarette Market- Industry Analysis & Outlook (2016-2020) -----------------------------------------
Executive Summary Electronic cigarettes, also known as E-cigarettes, electronic nicotine delivery systems (ENDS), EC, e-cigs or PVs, are battery operated devices designed to deliver nicotine with flavoring and other chemicals to users in vapor form instead of smoke. More than 250 different E-cigarette brands are currently operating in the market. E-cigarettes are often considered as safer alternatives to traditional tobacco smoking, which deliver nicotine by burning tobacco. E-Cigarettes are classified into disposables, Cig-a-likes, E-cigars, E-juice and vape mode. The primary parts that make up an E-cigarette are a mouthpiece, a cartridge (tank), a heating element/atomizer, a microprocessor, a battery, and possibly a LED light on the end. E-cigarettes pose potential risks and benefits to the individual users. The US is the largest market of E-cigarettes and is expected to grow further because of increasing number of tobacco smokers who are shifting to a safer alternative i.e. E-cigarettes. In European E-cigarette market, the UK is the fastest growing region with many upcoming small retailors and vendors, providing innovative & cost effective E-cigarettes. The key factors driving the growth of the global E-cigarette market includes increasing E-cigarette users, reducing cigarette consumption, high prices of tobacco cigarettes, rising E-cigarette use among youngsters and growing youth population. However, there are certain factors which hinder the growth of the market like poor nicotine delivery and upcoming tough FDA approvals. The recent trends of the E-cigarette market are increasing awareness through advertising, increasing prevalence of ex-smokers, innovation, and many more. The report offers in-depth analysis of the Global E-Cigarette Market. Competition is largely between the top most tobacco companies who have introduced e-cigarettes as it segments to compensate the falling market share of the conventional tobacco smoking segment. The E-cigarette companies that have been covered in the report include Imperial Tobacco Group PLC, Altria Group Inc., Japan Tobacco Inc., and Reynolds American Inc.
US$ Billion US$ Billion US$ Billion Global E-Cigarette market has registered high growth in the recent years owing to increasing number of E-cigarette users, reducing cigarette consumption and growing youth population Global E-Cigarette Market by Value (2011-2015) Global E-Cigarette Devices Market by Value (2011-2015) The revenue of the global E-cigarette market was recorded at US$.. billion in 2015, increasing from US$.. billion in the previous fiscal year. The E-cigarette market recorded an annual growth of..% in 2015. The revenue for global E-cigarette devices market was recorded at US$.. billion in 2015, increasing from US$.. billion in the previous fiscal year. The E-cigarette devices market recorded growth at a CAGR of..% for the period spanning 2011-2015. Global E-liquid market revenue was recorded at US$.. billion in 2015, increasing from US$.. billion in the previous year. The market recorded growth at a CAGR of..% for the period spanning 2011-2015. Global E-Liquid Market by Value (2011-2015)
The US safety regulations for the traditional cigarettes, has allowed the E-cigarettes market to experience staggering growth. Also, the demand for E-cigarettes will grow in the coming years because of gradual shift from traditional smoking to E-cigarette smoking. Million Packs Global E-Cigarette Market by Region (2015) In 2015, the US contributed..% share of the total E-cigarette market revenue. The US E-cigarette market revenue was recorded at US$.. million in 2015, increasing from US$.. million in the previous fiscal year. The US E-cigarette market recorded an annual growth of..% in 2015. The US E-cigarette market volume is expected to be reach.. million packs by 2020, increasing from.. million packs in 2016. The sales volume of E-cigarettes in the US is expected to grow at a CAGR of..% for the period spanning 2016-2020. The US EU Others The US E-Cigarette Market by Value (2011-2015) The US E-Cigarette Market Forecast by Volume (2016-2020) 2016 2017 2018 2019 2020
The global E-cigarette market is likely to experience a robust growth attributable to increased demand among its users, easy availability of different flavors & nicotine strengths as per the taste & preferences of the users Percenatge of Adults European E-Cigarette Smoking Prevalence by Region (2015) In 2015, the UK recorded highest proportion of E-cigarette smoking adults at..% immediately followed by France at..% of adult population for the given year. European E-cigarettes market revenue was recorded at US$.. million in year 2015, increasing from US$.. million in the previous fiscal year. The UK E-cigarette market revenue is expected to be recorded at US$.. million by 2020, increasing from US$.. million in 2016. The market will record growth at a CAGR of..% for the period spanning 2016-2020. United Kingdom France Poland Germany Itlay Russia European E-Cigarette Market by Value (2011-2015) The UK E-Cigarette Market Forecast by Value (2016-2020) 2016 2017 2018 2019 2020