North America E Cigarettes Market Analysis, Growth [2031]

Segments - North America E-cigarettes Market by products (Rechargeable but Disposable Cartomizer, Completely Disposable Model, and Personalized Vaporizer), Battery Modes (Manual E-cigarettes and Automatic E-cigarettes), and Geography (Canada, United States, and Rest of North America) - North America Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

Author : Debadatta Patel

Fact-checked by : PARTHA PAUL

Editor : Shruti Bhat

Report Description

The North America E-cigarettes Market size was valued at USD XX Billion in 2022 and is expected to surpass USD XX Billion by 2031, expanding at a CAGR of 17.6% during the forecast period, 2023 – 2031. The growth of the market is attributed to the rising adoption of the safer alternatives method of smoking, availability of different flavors available, and continuous improvement in the new products in the market.

E-cigarette or electronic cigarettes is a device consist of an inhaler, battery, and an atomizer that gives similar experience of tobacco smoking without the inhalation of the smoke inside. The e-cigarettes are filled with the solution that contains nicotine free or nicotine liquid that is heated and converted into the vapor. It is then inhaled and which is considered less harmful in comparison to normal cigarettes.

North America E-cigarettes Market Outlook

The covid-19 has mainly impacted the e-cigarettes market due to the lockdown imposed globally and restricted the trade of the products from other countries. It resulted in the lesser supply of the e-cigarettes and various black marketing related to e-cigarettes. E-cigarettes has various advantages such as no pollution, smoked at public places, decreases health related issues, and zero smoke.

Market Trends, Drivers, Restraints, and Opportunities

Rising awareness about the e-cigarettes is anticipated to push the market expansion in the coming years.
Customization available in the e-cigarettes is main factors propelling the market growth during the forecast period.
Health related issues and side effects associated with the usage of e-cigarettes is estimated to impede the market expansion in the coming years.
High cost an e-cigarette is expected to restrict the market growth during the forecast period.
R&D investment and technological advancement in e-cigarettes is projected to create lucrative opportunities for the market players.

Scope of the Report

The report on the North America e-cigarettes 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	North America E-cigarettes Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Products (Rechargeable but Disposable Cartomizer, Completely Disposable Model, and Personalized Vaporizer), Battery Modes (Manual E-cigarettes and Automatic E-cigarettes)
Geography	Canada, United States, and Rest of North America
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	British American Tobacco; International Vapor Group; NicQuid; Philips Morris International Inc.; Altria Group, Inc.; Imperial Brands; Japan Tobacco Inc.; JUUL Labs, Inc.; R.J. Reynolds Vapor Company; Shenzhen KangerTech Technology Co., Ltd.; and Shenzhen IVPS Technology Co., Ltd.

Market Segment Insights:

Rechargeable but disposable cartomizer segment is projected to account for a large market share

Based on products, the North America e-cigarettes market is divided into rechargeable but disposable cartomizer, completely disposable model, and personalized vaporizer. The rechargeable but disposable cartomizer segment is expected to constitute a key share of the market during the forecast period owing to its longer duration, affordability, and elimination of the re-purchase of supplies. However, the personalized vaporizer segment is anticipated to expand at a rapid pace during the forecast period due to high level of customization available and available of different price range.

North America E-cigarettes Market Products

Automatic e-cigarettes segment is projected to hold a key market share

On the basis of battery modes, the North America e-cigarettes market is segmented into manual e-cigarettes and automatic e-cigarettes. The automatic e-cigarettes segment is expected to represent a key share of the market in the coming years due to increasing demand for technological and automatic e-cigarettes and it contains less nicotine in it.

On the other hand, the manual e-cigarettes segment is anticipated to expand at a rapid pace during the forecast period owing to rising demand for cheap e-cigarettes in the region.

United States is expected to dominate the market

On the basis of geography, the North America e-cigarettes market is categorized as Canada, United States, and Rest of North America. The market of United States is anticipated to expand at an impressive CAGR during the forecast period. The regional market growth can be attributed to increasing adoption of vaping devices in the country and growing demand for alternative of tobacco. On the other hand, the market of Canada is expected to exhibit a rapid growth rate in the coming years due to acceptance of e-cigarettes and vape.

Segments

The North America e-cigarettes market has been segmented on the basis of

Products

Rechargeable but Disposable Cartomizer
Completely Disposable Model
Personalized Vaporizer

Battery Modes

Manual E-cigarettes
Automatic E-cigarettes

Geography

Canada
United States
Rest of North America

Key Players

British American Tobacco
International Vapor Group
NicQuid
Philips Morris International Inc.
Altria Group, Inc.
Imperial Brands
Japan Tobacco Inc.
JUUL Labs, Inc.
R.J. Reynolds Vapor Company
Shenzhen KangerTech Technology Co., Ltd.
Shenzhen IVPS Technology Co., Ltd.

Competitive Landscape

Key players competing in the North America e-cigarettes market include British American Tobacco; International Vapor Group; NicQuid; Philips Morris International Inc.; Altria Group, Inc.; Imperial Brands; Japan Tobacco Inc.; JUUL Labs, Inc.; R.J. Reynolds Vapor Company; Shenzhen KangerTech Technology Co., Ltd.; and Shenzhen IVPS Technology Co., Ltd. Some of these players are engaged in several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares.

North America E-cigarettes Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. E-cigarettes Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. E-cigarettes Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. E-cigarettes Market - Supply Chain
  4.5. Global E-cigarettes Market Forecast
     4.5.1. E-cigarettes Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. E-cigarettes Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. E-cigarettes Market Absolute $ Opportunity
5. Global E-cigarettes Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. E-cigarettes Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global E-cigarettes Demand Share Forecast, 2019-2026
6. North America E-cigarettes Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America E-cigarettes Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America E-cigarettes Demand Share Forecast, 2019-2026
7. Latin America E-cigarettes Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America E-cigarettes Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America E-cigarettes Demand Share Forecast, 2019-2026
8. Europe E-cigarettes Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe E-cigarettes Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe E-cigarettes Demand Share Forecast, 2019-2026
9. Asia Pacific E-cigarettes Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific E-cigarettes Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific E-cigarettes Demand Share Forecast, 2019-2026
10. Middle East & Africa E-cigarettes Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa E-cigarettes Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa E-cigarettes Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global E-cigarettes Market: Market Share Analysis
  11.2. E-cigarettes Distributors and Customers
  11.3. E-cigarettes Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. British American Tobacco
     11.4.2. International Vapor Group
     11.4.3. NicQuid
     11.4.4. Philips Morris International Inc.
     11.4.5. Altria Group, Inc.
     11.4.6. Imperial Brands
     11.4.7. Japan Tobacco Inc.