E Cigarette And Vape Market

Global E-Cigarette and Vape Market

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  • 12-12-2022
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Debadatta

Author:

Debadatta Patel

Partha

Fact-checked by:

PARTHA PAUL

Aman

Editor:

Aman Singh

The global e-cigarette and vape market size was valued at USD 16,074.1 Mn in 2021 and is projected to reach a value of USD 39,794.2 Mn by 2030 growing at a CAGR of 10.2% between 2022 and 2030. Increasing awareness regarding e-cigarettes and the high demand for rechargeable electronic cigars is likely to boost the market. 

An e-cigarette, also known as an electronic cigarette or vaporizer cigarette, is a battery-powered e-cigarette and vape device that simulates the experience by producing a flavored vapor that mimics the smoke from burning tobacco.

E-Cigarette and Vape Market Market Outlook

The vapor is usually made by heating a liquid that contains a mixture of nicotine, flavorings, and other chemicals. Some e-cigarettes are designed to look like traditional cigarettes while others are made to resemble pens or other items. The key propelling factor for the market is the perceived health benefits, as many users believe that e-cigarettes are less harmful than traditional cigarettes because they do not produce smoke or combustion.

Also, e-cigarettes come in a wide range of flavors, which can appeal to a wider range of users. The global E-Cigarette and Vape market is slightly impacted by Covid-19, due to the disruption in the supply chain and limitations in the cross broader transactions. The supply chain was disrupted in the initial stage of the lockdown, which declined the manufacturing of E-Cigarette and Vapes.

E-Cigarette and Vape Market Dynamics

Major Drivers

Rechargeable e-cigarettes are becoming popular among young people, as they release less smoke and are easy to charge through a USB port, which is expected to drive the market. Smokers are buying recharged e-cigarettes, as it is cost-effective.

According to the National Institute of Health, JUUL is the most popular retail e-cigarette brand in the USA and it has become more popular among young people that the term “JUULing” has become synonymous with “vaping” among young adults and teens. JUUL is a small, rechargeable, battery-powered e-cigarette.

Increasing demand for e-cigarettes and vapes, as the omni channel strategy usage is encouraging the sales and marketing method is expected to boost the market. An omnichannel method is designed to deliver a seamless and consistent customer experience across all touchpoints.

Exixting Restraints

High consumption of e-cigarettes affects health, as they produce several dangerous chemicals such as acrolein, acetaldehyde, and formaldehyde is expected to restrain the market. These aldehydes cause lung disease, asthma, and cardiovascular disease. Vaping e-cigarettes causes extensive nicotine addiction among young people and this affects lungs.

Governments around the world have implemented regulations on e-cigarettes and vapes, such as age restrictions, limits on advertising, and bans on certain flavors. These regulations can make it more difficult for manufacturers to sell their products worldwide, which in turn, thus is expected to hamper the market.

Emerging Opportunity

Vape companies are focusing on launching new vape flavors to attract the young generation which is expected to create lucrative opportunities for the global market in the coming years. Consumers are tempted toward flavors such as chocolate, fruits, strawberry, berry, tobacco, vanilla, and others.

Scope of E-Cigarette and Vape Market Report

The report on the global E-Cigarette and Vape market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

E-Cigarette and Vape Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast

Base Year

2021

Historic Data

2019–2020

Forecast Period

2022–2030

Segmentation

By Product Type (Disposable, Rechargeable, Others) By Flavor (Fruity, Tobacco, Candy, Menthols, Others) By End-User (Male, Female) By Distribution Channel (Offline {Vape Shop, Tobacconist, Convenience Stores}, Online)

Regional Scope

North America, Europe, Asia Pacific, Latin America, and Middle East & Africa

Report Coverage

Market scope, Analysis, Share, Competitive analysis, Growth facts, Restraints, Opportunities, and Revenue Forecast

Key Player Covered in the Report

JUUL Labs, Philip Morris International, British American Tabacco, Imperial Brands, Altria Group, Japan Tobacco International, Vuse (R.J Reynolds Vapor Company), NJOY, Logic Technology Development, Vaporesso, J Well France and Others.

E-Cigarette and Vape Market Segment Insights 

The Global E-Cigarette and Vape market is segmented on the basis of Product Type, Flavor, End-User, Distribution Channel, and regions.

Based on Product Type, the Global E-Cigarette and Vape Market are segmented into Disposable, Rechargeable, and Others. The Disposable segment is the fastest-growing segment in the product type segment with a CAGR of XX% in the forecasted period. Disposable e-cigarettes and vapes are non-rechargeable variants of e-cigarettes that come charged and prefilled with juice.

Disposable vapes are available in different flavors and are ready to use without any hassle of charging. The benefits of the disposable e-cigarette are portable and convenient, also it comes with unique flavors. For beginner vapers who want to sample vaping without investing in an expensive e-cigarette and vape device, disposable vapes are a great choice.

They're also a fantastic option for people who want to give vaping a try before making the investment in a pricey device and maybe going back to smoking cigarettes if they don't enjoy it. Disposable e-cigarettes and vaping differ from other products on the market today because of their cost.

E-Cigarette and Vape Market Product Type

Based on flavor, the Global E-Cigarette and Vape Market is segmented into Fruity, Tobacco, Candy, Menthols, and Others. The flavor is one of the main reasons adults initially try and continue to use e-cigarettes, although other common reasons are using e-cigarettes as a tool for quitting cigarette use, health reasons, and curiosity.

The fruity flavor segment is likely to grow at a significant CAGR of XX%. An estimated 7,700 e-liquids across 466 brands are available, each with its own concentration and combinations of nicotine and flavorings. Most adult e-cigarette users use flavored products, fruits or fruity and menthol/mint being the most common.

Interest in trying e-cigarettes was highest for fruit flavors, almost six times higher than interest in tobacco-flavored e-cigarettes. Although menthol and candy flavors were also more appealing than tobacco flavors, alcohol, and tobacco did not differ.

Based on End-User, the Global E-Cigarette, and Vape Market is segmented into Male and Female. The male segment is expected to gain a significant market share in the forecast period. Awareness and use of e-cigarettes and vaping have increased considerably in the last few years worldwide among adults both male and female, particularly those who are current or former smokers.

The male segment is expected to account for the largest share of the market during the forecast period, as the majority of young-age males between 15 to 25 use cigarettes and vaping from high school and college. 
The number of males smoking e-cigarettes and vaping is increasing every year due to its perceived benefit of being less harmful than traditional cigarettes, also smoking cessation is one of the top reasons people are inclined to e-cigarette and vape products.

E-Cigarette and Vape Market End User

Based on Distribution Channel, the Global E-Cigarette and Vape Market is segmented into Online and Offline. The offline is further bifurcated into vape shops, tobacconists, and Convenience Stores. The offline segment holds the largest market share in the forecasted period as it is easy to find a variety of shops in various regions, moreover, consumers can choose from a variety of brands and flavors. In the US, the UK, and other European countries retail shops are quite accessible and are growing in number.

E-Cigarette and Vape Market Regional Outlook

Based on regions, the Global E-Cigarette and Vape market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA). In Europe, the market for disposable e-cigarettes is anticipated to reach a market share of XX% in 2021. The region's disposable e-cigarette market is anticipated to increase as a result of the rising product uptake among millennials and generation X.

Both the UK and France are seeing an increase in the vaping habit. Additionally, the adoption rate of disposable e-cigarettes is very high in Germany, France, and the United Kingdom. E-cigarettes with fruit flavors are also becoming increasingly popular in this area.


E-cigarettes and vaping have become contentious issues worldwide, with different countries and regions taking different approaches to regulating the use of these e-cigarette and vape devices. In some countries such as the United States, and the United Kingdom, e-cigarettes and vaping are relatively unregulated and are marketed as a less harmful alternative to traditional cigarettes.

Awareness and use of electronic cigarettes, or e-cigarettes, have increased significantly since their entry into the U.S. market in 2007. In some countries such as India and Brazil, e-cigarettes and vaping are banned. In other countries, e-cigarettes and vaping products are typically only available to adults and are subject to age verification.


The US is the leading country in the E-cigarette and vaping market with a contribution share of more than XX% of the global market share. The US e-cigarette market has grown significantly in recent years, driven by increasing consumer demand for these products. China is also a major player in the e-cigarette and vape market, with most of the products being manufactured there.

Surveys have shown that e-cigarette use is highest among young people, with a significant percentage of high school and middle school students reporting that have used an e-cigarette. There is also growing awareness of the health risk associated with e-cigarettes have grown, many consumers have become more aware of the potential dangers of these products and may be more likely to consider alternatives.

E-Cigarette and Vape Market Region

Key Benefits for Industry Participants & Stakeholders

  • In-depth Analysis of the Global E-Cigarette and Vape Market
  • Historical, Current, and Projected Market Size in terms of Value and Volume
  • Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
  • Industry Drivers, Restraints, and Opportunities Covered in the Study
  • Recent Industry Trends and Developments
  • Competitive Landscape & Strategies of Key Players
  • Neutral Perspective on Global E-Cigarette and Vape Market Performance

Segments

Product Type

  • Disposable
  • Rechargeable
  • Others

Flavour

  • Fruity
  • Tobacco
  • Candy
  • Menthols
  • Others

End-User

  • Male
  • Female

Distribution Channel

  • Online
  • Offline
    • Vape Shop
    • Tobacconist
    • Convenience Stores

Regions

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)

Key Players

  • JUUL Labs
  • Philip Morris International
  • British American Tabacco
  • Imperial Brands
  • Altria Group
  • Japan Tobacco International
  • Vuse (R.J Reynolds Vapor Company)
  • NJOY
  • Logic Technology Development
  • Vaporess
  • J Well France

Competitive Landscape

Key players in the E-Cigarette and Vape market include JUUL Labs, Philip Morris International, British American Tabacco, Imperial Brands, Altria Group, Japan Tobacco International, Vuse (R.J Reynolds Vapor Company), NJOY, Logic Technology Development, Vaporesso, J Well France and Others. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.

New Trends and Development

  • Disposable electronic cigarettes, starter kits for electronic cigarettes, e-liquids, accessories for electronic cigarettes, and e-shisha are among the high-end vaping products offered by Litejoy. Additionally, Litejoy offers a variety of nicotine-free e-cigarettes that are ideal for nonsmokers who want to try something new and are nicotine-free.  
  • The Micro Bar and DRIP Disposable vaping product lines from MYLE Vape were on display at the World Vape Show in Dubai in June 2022. The Micro Bar is a 20-flavor disposable mesh coil that is small, stylish, and compact. The line of products is an improvement on the MYLE Mini. The DRIP is a portable, double-injection disposable that has an 850 mAH battery, a big 6 ml tank that can produce 2000 puffs, and a 1.75-ohm coil for producing a lot of vapor.
  • A device for the delivery of nicotine as an alternative to smoking has been created by the healthcare company E-Nicotine Technology. makes use of a patented thermal drug delivery system to create a nicotine condensation aerosol. For deep lung delivery and a decrease in cravings, the eNT platform creates the proper dose of the proper-sized nicotine particles. No cancer-causing agents like those in cigarette smoke. According to the manufacturer, compared to traditional e-cigarettes, their product has 40–70% less nicotine.
  • In May 2022, one of Europe's largest e-cigarette distributors, Flawless, signed an exclusive deal with ELF BAR, a leading e-cigarette disposable product manufacturer in China, to launch the Gee600 disposable device for the e-cigarette and FMCG sectors. supplied by the United Kingdom.

E-Cigarette and Vape Market Key Players

Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 E-Cigarette and Vape Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 E-Cigarette and Vape Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 E-Cigarette and Vape Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the E-Cigarette and Vape Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global E-Cigarette and Vape Market Size & Forecast, 2015-2030
      4.5.1 E-Cigarette and Vape Market Size and Y-o-Y Growth
      4.5.2 E-Cigarette and Vape Market Absolute $ Opportunity
   4.6 Global E-Cigarette and Vape Market: Key Trends and Development
   4.7 Global E-Cigarette and Vape Market: Impact of Key Regulations
Chapter 5 Global E-Cigarette and Vape Market Analysis and Forecast By Product Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Product Type
      5.1.2 Basis Point Share (BPS) Analysis By Product Type
      5.1.3 Absolute $ Opportunity Assessment By Product Type
   5.2 E-Cigarette and Vape Market Size Forecast By Product Type
      5.2.1 Disposable
      5.2.2 Rechargeable
      5.2.3 Others
   5.3 Market Attractiveness Analysis By Product Type
Chapter 6 Global E-Cigarette and Vape Market Analysis and Forecast By Flavour
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By Flavour
      6.1.2 Basis Point Share (BPS) Analysis By Flavour
      6.1.3 Absolute $ Opportunity Assessment By Flavour
   6.2 E-Cigarette and Vape Market Size Forecast By Flavour
      6.2.1 Fruity
      6.2.2 Tobacco
      6.2.3 Candy
      6.2.4 Menthols
      6.2.5 Others
   6.3 Market Attractiveness Analysis By Flavour
Chapter 7 Global E-Cigarette and Vape Market Analysis and Forecast By End-User
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities By End-User
      7.1.2 Basis Point Share (BPS) Analysis By End-User
      7.1.3 Absolute $ Opportunity Assessment By End-User
   7.2 E-Cigarette and Vape Market Size Forecast By End-User
      7.2.1 Male
      7.2.2 Female
   7.3 Market Attractiveness Analysis By End-User
Chapter 8 Global E-Cigarette and Vape Market Analysis and Forecast By Distribution Channel
   8.1 Introduction
      8.1.1 Key Market Trends & Growth Opportunities By Distribution Channel
      8.1.2 Basis Point Share (BPS) Analysis By Distribution Channel
      8.1.3 Absolute $ Opportunity Assessment By Distribution Channel
   8.2 E-Cigarette and Vape Market Size Forecast By Distribution Channel
      8.2.1 Offline
         8.2.1.1 Vape Shop
         8.2.1.2 Tobacconist
         8.2.1.3 Convenience Stores
      8.2.2 Online
   8.3 Market Attractiveness Analysis By Distribution Channel
Chapter 9 Global E-Cigarette and Vape Market Analysis and Forecast by Region
   9.1 Introduction
      9.1.1 Key Market Trends & Growth Opportunities by Region
      9.1.2 Basis Point Share (BPS) Analysis by Region
      9.1.3 Absolute $ Opportunity Assessment by Region
   9.2 E-Cigarette and Vape Market Size Forecast by Region
      9.2.1 North America
      9.2.2 Europe
      9.2.3 Asia Pacific
      9.2.4 Latin America
      9.2.5 Middle East & Africa (MEA)
   9.3 Market Attractiveness Analysis by Region
Chapter 10 Coronavirus Disease (COVID-19) Impact
   10.1 Introduction
   10.2 Current & Future Impact Analysis
   10.3 Economic Impact Analysis
   10.4 Government Policies
   10.5 Investment Scenario
Chapter 11 North America E-Cigarette and Vape Analysis and Forecast
   11.1 Introduction
   11.2 North America E-Cigarette and Vape Market Size Forecast by Country
      11.2.1 U.S.
      11.2.2 Canada
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 North America E-Cigarette and Vape Market Size Forecast By Product Type
      11.6.1 Disposable
      11.6.2 Rechargeable
      11.6.3 Others
   11.7 Basis Point Share (BPS) Analysis By Product Type
   11.8 Absolute $ Opportunity Assessment By Product Type
   11.9 Market Attractiveness Analysis By Product Type
   11.10 North America E-Cigarette and Vape Market Size Forecast By Flavour
      11.10.1 Fruity
      11.10.2 Tobacco
      11.10.3 Candy
      11.10.4 Menthols
      11.10.5 Others
   11.11 Basis Point Share (BPS) Analysis By Flavour
   11.12 Absolute $ Opportunity Assessment By Flavour
   11.13 Market Attractiveness Analysis By Flavour
   11.14 North America E-Cigarette and Vape Market Size Forecast By End-User
      11.14.1 Male
      11.14.2 Female
   11.15 Basis Point Share (BPS) Analysis By End-User 
   11.16 Absolute $ Opportunity Assessment By End-User 
   11.17 Market Attractiveness Analysis By End-User
   11.18 North America E-Cigarette and Vape Market Size Forecast By Distribution Channel
      11.18.1 Offline
         11.18.1.1 Vape Shop
         11.18.1.2 Tobacconist
         11.18.1.3 Convenience Stores
      11.18.2 Online
   11.19 Basis Point Share (BPS) Analysis By Distribution Channel 
   11.20 Absolute $ Opportunity Assessment By Distribution Channel 
   11.21 Market Attractiveness Analysis By Distribution Channel
Chapter 12 Europe E-Cigarette and Vape Analysis and Forecast
   12.1 Introduction
   12.2 Europe E-Cigarette and Vape Market Size Forecast by Country
      12.2.1 Germany
      12.2.2 France
      12.2.3 Italy
      12.2.4 U.K.
      12.2.5 Spain
      12.2.6 Russia
      12.2.7 Rest of Europe
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Europe E-Cigarette and Vape Market Size Forecast By Product Type
      12.6.1 Disposable
      12.6.2 Rechargeable
      12.6.3 Others
   12.7 Basis Point Share (BPS) Analysis By Product Type
   12.8 Absolute $ Opportunity Assessment By Product Type
   12.9 Market Attractiveness Analysis By Product Type
   12.10 Europe E-Cigarette and Vape Market Size Forecast By Flavour
      12.10.1 Fruity
      12.10.2 Tobacco
      12.10.3 Candy
      12.10.4 Menthols
      12.10.5 Others
   12.11 Basis Point Share (BPS) Analysis By Flavour
   12.12 Absolute $ Opportunity Assessment By Flavour
   12.13 Market Attractiveness Analysis By Flavour
   12.14 Europe E-Cigarette and Vape Market Size Forecast By End-User
      12.14.1 Male
      12.14.2 Female
   12.15 Basis Point Share (BPS) Analysis By End-User 
   12.16 Absolute $ Opportunity Assessment By End-User 
   12.17 Market Attractiveness Analysis By End-User
   12.18 Europe E-Cigarette and Vape Market Size Forecast By Distribution Channel
      12.18.1 Offline
         12.18.1.1 Vape Shop
         12.18.1.2 Tobacconist
         12.18.1.3 Convenience Stores
      12.18.2 Online
   12.19 Basis Point Share (BPS) Analysis By Distribution Channel 
   12.20 Absolute $ Opportunity Assessment By Distribution Channel 
   12.21 Market Attractiveness Analysis By Distribution Channel
Chapter 13 Asia Pacific E-Cigarette and Vape Analysis and Forecast
   13.1 Introduction
   13.2 Asia Pacific E-Cigarette and Vape Market Size Forecast by Country
      13.2.1 China
      13.2.2 Japan
      13.2.3 South Korea
      13.2.4 India
      13.2.5 Australia
      13.2.6 South East Asia (SEA)
      13.2.7 Rest of Asia Pacific (APAC)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Asia Pacific E-Cigarette and Vape Market Size Forecast By Product Type
      13.6.1 Disposable
      13.6.2 Rechargeable
      13.6.3 Others
   13.7 Basis Point Share (BPS) Analysis By Product Type
   13.8 Absolute $ Opportunity Assessment By Product Type
   13.9 Market Attractiveness Analysis By Product Type
   13.10 Asia Pacific E-Cigarette and Vape Market Size Forecast By Flavour
      13.10.1 Fruity
      13.10.2 Tobacco
      13.10.3 Candy
      13.10.4 Menthols
      13.10.5 Others
   13.11 Basis Point Share (BPS) Analysis By Flavour
   13.12 Absolute $ Opportunity Assessment By Flavour
   13.13 Market Attractiveness Analysis By Flavour
   13.14 Asia Pacific E-Cigarette and Vape Market Size Forecast By End-User
      13.14.1 Male
      13.14.2 Female
   13.15 Basis Point Share (BPS) Analysis By End-User 
   13.16 Absolute $ Opportunity Assessment By End-User 
   13.17 Market Attractiveness Analysis By End-User
   13.18 Asia Pacific E-Cigarette and Vape Market Size Forecast By Distribution Channel
      13.18.1 Offline
         13.18.1.1 Vape Shop
         13.18.1.2 Tobacconist
         13.18.1.3 Convenience Stores
      13.18.2 Online
   13.19 Basis Point Share (BPS) Analysis By Distribution Channel 
   13.20 Absolute $ Opportunity Assessment By Distribution Channel 
   13.21 Market Attractiveness Analysis By Distribution Channel
Chapter 14 Latin America E-Cigarette and Vape Analysis and Forecast
   14.1 Introduction
   14.2 Latin America E-Cigarette and Vape Market Size Forecast by Country
      14.2.1 Brazil
      14.2.2 Mexico
      14.2.3 Rest of Latin America (LATAM)
   14.3 Basis Point Share (BPS) Analysis by Country
   14.4 Absolute $ Opportunity Assessment by Country
   14.5 Market Attractiveness Analysis by Country
   14.6 Latin America E-Cigarette and Vape Market Size Forecast By Product Type
      14.6.1 Disposable
      14.6.2 Rechargeable
      14.6.3 Others
   14.7 Basis Point Share (BPS) Analysis By Product Type
   14.8 Absolute $ Opportunity Assessment By Product Type
   14.9 Market Attractiveness Analysis By Product Type
   14.10 Latin America E-Cigarette and Vape Market Size Forecast By Flavour
      14.10.1 Fruity
      14.10.2 Tobacco
      14.10.3 Candy
      14.10.4 Menthols
      14.10.5 Others
   14.11 Basis Point Share (BPS) Analysis By Flavour
   14.12 Absolute $ Opportunity Assessment By Flavour
   14.13 Market Attractiveness Analysis By Flavour
   14.14 Latin America E-Cigarette and Vape Market Size Forecast By End-User
      14.14.1 Male
      14.14.2 Female
   14.15 Basis Point Share (BPS) Analysis By End-User 
   14.16 Absolute $ Opportunity Assessment By End-User 
   14.17 Market Attractiveness Analysis By End-User
   14.18 Latin America E-Cigarette and Vape Market Size Forecast By Distribution Channel
      14.18.1 Offline
         14.18.1.1 Vape Shop
         14.18.1.2 Tobacconist
         14.18.1.3 Convenience Stores
      14.18.2 Online
   14.19 Basis Point Share (BPS) Analysis By Distribution Channel 
   14.20 Absolute $ Opportunity Assessment By Distribution Channel 
   14.21 Market Attractiveness Analysis By Distribution Channel
Chapter 15 Middle East & Africa (MEA) E-Cigarette and Vape Analysis and Forecast
   15.1 Introduction
   15.2 Middle East & Africa (MEA) E-Cigarette and Vape Market Size Forecast by Country
      15.2.1 Saudi Arabia
      15.2.2 South Africa
      15.2.3 UAE
      15.2.4 Rest of Middle East & Africa (MEA)
   15.3 Basis Point Share (BPS) Analysis by Country
   15.4 Absolute $ Opportunity Assessment by Country
   15.5 Market Attractiveness Analysis by Country
   15.6 Middle East & Africa (MEA) E-Cigarette and Vape Market Size Forecast By Product Type
      15.6.1 Disposable
      15.6.2 Rechargeable
      15.6.3 Others
   15.7 Basis Point Share (BPS) Analysis By Product Type
   15.8 Absolute $ Opportunity Assessment By Product Type
   15.9 Market Attractiveness Analysis By Product Type
   15.10 Middle East & Africa (MEA) E-Cigarette and Vape Market Size Forecast By Flavour
      15.10.1 Fruity
      15.10.2 Tobacco
      15.10.3 Candy
      15.10.4 Menthols
      15.10.5 Others
   15.11 Basis Point Share (BPS) Analysis By Flavour
   15.12 Absolute $ Opportunity Assessment By Flavour
   15.13 Market Attractiveness Analysis By Flavour
   15.14 Middle East & Africa (MEA) E-Cigarette and Vape Market Size Forecast By End-User
      15.14.1 Male
      15.14.2 Female
   15.15 Basis Point Share (BPS) Analysis By End-User 
   15.16 Absolute $ Opportunity Assessment By End-User 
   15.17 Market Attractiveness Analysis By End-User
   15.18 Middle East & Africa (MEA) E-Cigarette and Vape Market Size Forecast By Distribution Channel
      15.18.1 Offline
         15.18.1.1 Vape Shop
         15.18.1.2 Tobacconist
         15.18.1.3 Convenience Stores
      15.18.2 Online
   15.19 Basis Point Share (BPS) Analysis By Distribution Channel 
   15.20 Absolute $ Opportunity Assessment By Distribution Channel 
   15.21 Market Attractiveness Analysis By Distribution Channel
Chapter 16 Competition Landscape
   16.1 E-Cigarette and Vape Market: Competitive Dashboard
   16.2 Global E-Cigarette and Vape Market: Market Share Analysis, 2021
   16.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      16.3.1 JUUL Labs
      16.3.2 Philip Morris International
      16.3.3 British American Tabacco 
      16.3.4 Imperial Brands
      16.3.5 Altria Group
      16.3.6 Japan Tobacco International 
      16.3.7 Vuse (R.J Reynolds Vapor Company) 
      16.3.8 NJOY
      16.3.9 Logic Technology Development 
      16.3.10 Vaporesso
      16.3.11 J Well France

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FAQ Section

Some frequently asked questions about this report!

The base year considered for the global E-Cigarette and Vape market report is 2021. The complete analysis period is 2015 to 2030, wherein, 2019 and 2020 are the historic years, and the forecast is provided from 2022 to 2030.

In addition to market size (in US$ Million), Company Market Share (in % for the base year 2021), Technology Landscape, and Pricing Analysis are available in the report.

Major players include JUUL Labs, Philip Morris International, British American Tabacco, Imperial Brands, Altria Group, Japan Tobacco International, Vuse (R.J Reynolds Vapor Company), NJOY, Logic Technology Development, Vaporess, J Well France, and others.

Factors such as the Government Policy, Research & Development, and technological advancements are analyzed in the final report.

End-users of E-Cigarette and Vape include Male and Female. Among that Male segment has a major share (around 60% to 65%)

According to this GMR report, the E-Cigarette and Vape market is expected to register a CAGR of 10.2% during the forecast period, 2015-2030, with an anticipated valuation of USD 39,794.2 million by the end of 2030.

The E-Cigarette and Vape market is projected to expand at a rapid pace globally, owing to Marketing and Advertising, Increasing Online Sales, Smoking Cessation, and Changing Trends.

Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.

Additional company profiles are provided on request.