Global E-Cigarette Market Research Report and Forecast

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Global E-Cigarette Market Research Report and

Forecast 2021-2026

Author: Elena Anderson, Marketing Manager |

IMARC Group

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Report Description ^About IMARC Group

The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

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Report Description Report Description and Highlights

Global E-Cigarette Market Outlook 2026:

According to the latest report by IMARC Group, titled “E-Cigarette Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global e-cigarette market reached US$

17 Billion in 2020.

E-cigarettes refer to battery-operated devices that are popularly used as substitutes for regular

cigarettes, cigars and pipes. Also known as vape pens and e-vaping devices, they comprise an atomizer, a mouthpiece and a reservoir, wherein a mixture of nicotine, glycerin, propylene glycol, chemicals and flavorings is contained. This mixture is usually heated to produce an aerosol that is inhaled and exhaled by the users to simulate the experience of smoking cigarettes.

These devices, however, do not contain tobacco, other toxins and carcinogens or generate tar and carbon monoxide, which are considered to be the leading causes of lung diseases and cancer among cigarette smokers. As a result, e-cigarettes are considered to be a relatively safer alternative to

conventional cigarettes.

Request for a free sample: https://www.imarcgroup.com/e-cigarette-market/requestsample

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Report Description Report Description and Highlights

Global E-Cigarette Market Trends:

The global market is primarily driven by the rising number of smokers and the increasing awareness regarding the adverse effects of the prolonged consumption of tobacco-based cigarettes. This has resulted in the growing willingness among users to quit smoking tobacco products, thereby

contributing to the uptake of e-cigarettes.

The market is further driven by the widespread prominence of e-cigarettes among young adults and adolescents, supported by aggressive promotions by manufacturers. Numerous product innovations in the market, including the introduction of new-generation e-cigs that provide enhanced flexibility in terms of strength and refilling, are also creating a positive outlook for the market.

Apart from this, multiple key players are continually engaging in launching flavored product variants in an attempt to diversify their portfolio and attract a larger consumer base. Some of the players are also launching Do-it-Yourself (DIY) vape pens that allow individuals to prepare customized e-liquid by

combining various flavors of their choice.

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Market Summary:

Breakup by Product:

• Modular E-Cigarette

• Rechargeable E-Cigarette

• Next-Generation E-Cigarette

• Disposable E-Cigarette Breakup by Flavor:

• Tobacco

• Botanical

• Fruit

• Sweet

• Beverage

Breakup by Mode of Operation:

• Automatic E-Cigarette

• Manual E-Cigarette

Report Description Report Description and Highlights

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Breakup by Distribution Channel:

• Specialist E-Cig Shops

• Online

• Supermarkets and Hypermarkets

• Tobacconist Breakup by Region:

• North America

• Asia Pacific

• Europe

• Middle East and Africa

• Latin America

Looking forward, IMARC Group expects the market to grow at a CAGR of 15.2% during 2021-2026

Report Description Report Description and Highlights

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Competitive Landscape With Key players:

• Philip Morris International Inc.

• Altria Group Inc.

• British American Tobacco PLC

• Japan Tobacco, Inc.

• Imperial Tobacco Group

• International Vapor Group

• Nicotek LLC

• NJOY Inc.

• Reynolds American Inc.

• VMR Products LLC

• MCIG Inc.

• ITC Limited

• J WELL France

View Report TOC, Figures and Tables: https://www.imarcgroup.com/e-cigarette-market

Report Description Report Description and Highlights

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A partial List of our Clients

We are the trusted business partners to the world's leading corporates, governments, and institutions

Partial List of Clients

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A partial List of our Clients

We are the trusted business partners to the world's leading corporates, governments, and institutions

Partial List of Clients

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Report Description Report Description and Highlights

This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC).

Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing.

International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication.

IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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Global E-Cigarette Market Research Report and Forecast