E Cigarettes Industry Research Report 2025

Summary


An electronic cigarette or e-cigarette is a handheld electronic device which vaporizes a flavored liquid. The user inhales the vapor. Using e-cigarettes is sometimes called vaping. The liquid in the e-cigarette, called e-liquid, is usually made of nicotine, propylene glycol, glycerine, and flavorings. Not all e-liquids contain nicotine.

According to APO Research, the global E Cigarettes market was valued at US$ million in 2024 and is anticipated to reach US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2025-2031.

North American market for E Cigarettes is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Asia-Pacific market for E Cigarettes is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Europe market for E Cigarettes is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The major global manufacturers of E Cigarettes include Imperial Tobacco, Reynolds American, Japan Tobacco, Altria, VMR Product, Njoy, 21st Century, Vaporcorp and Truvape, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for E Cigarettes, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding E Cigarettes.

The report will help the E Cigarettes manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

The E Cigarettes market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global E Cigarettes market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.

E Cigarettes Segment by Company

Imperial Tobacco
Reynolds American
Japan Tobacco
Altria
VMR Product
Njoy
21st Century
Vaporcorp
Truvape
FirstUnion
Hangsen
Buddy Group
Kimree
Innokin
SHENZHEN SMOORE
SMOK
E Cigarettes Segment by Type

With Screen
Without Screen
E Cigarettes Segment by Application

Online
Offline
E Cigarettes Segment by Region

North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global E Cigarettes market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of E Cigarettes and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of E Cigarettes.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc.), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of E Cigarettes manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of E Cigarettes by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of E Cigarettes in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.

Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Global Market Growth Prospects
2.2.1 Global E Cigarettes Market Size (2020-2031)
2.2.2 Global E Cigarettes Sales (2020-2031)
2.2.3 Global E Cigarettes Market Average Price (2020-2031)
2.3 E Cigarettes by Type
2.3.1 Market Value Comparison by Type (2020 VS 2024 VS 2031) & (US$ Million)
2.3.2 With Screen
2.3.3 Without Screen
2.4 E Cigarettes by Application
2.4.1 Market Value Comparison by Application (2020 VS 2024 VS 2031)
2.4.2 Online
2.4.3 Offline
3 Market Competitive Landscape by Manufacturers
3.1 Global E Cigarettes Market Competitive Situation by Manufacturers (2020 Versus 2024)
3.2 Global E Cigarettes Sales (K Units) of Manufacturers (2020-2025)
3.3 Global E Cigarettes Revenue of Manufacturers (2020-2025)
3.4 Global E Cigarettes Average Price by Manufacturers (2020-2025)
3.5 Global E Cigarettes Industry Ranking, 2023 VS 2024 VS 2025
3.6 Global Manufacturers of E Cigarettes, Manufacturing Sites & Headquarters
3.7 Global Manufacturers of E Cigarettes, Product Type & Application
3.8 Global Manufacturers of E Cigarettes, Established Date
3.9 Global E Cigarettes Market CR5 and HHI
3.10 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
4.1 Imperial Tobacco
4.1.1 Imperial Tobacco Company Information
4.1.2 Imperial Tobacco Business Overview
4.1.3 Imperial Tobacco E Cigarettes Sales, Revenue and Gross Margin (2020-2025)
4.1.4 Imperial Tobacco E Cigarettes Product Portfolio
4.1.5 Imperial Tobacco Recent Developments
4.2 Reynolds American
4.2.1 Reynolds American Company Information
4.2.2 Reynolds American Business Overview
4.2.3 Reynolds American E Cigarettes Sales, Revenue and Gross Margin (2020-2025)
4.2.4 Reynolds American E Cigarettes Product Portfolio
4.2.5 Reynolds American Recent Developments
4.3 Japan Tobacco
4.3.1 Japan Tobacco Company Information
4.3.2 Japan Tobacco Business Overview
4.3.3 Japan Tobacco E Cigarettes Sales, Revenue and Gross Margin (2020-2025)
4.3.4 Japan Tobacco E Cigarettes Product Portfolio
4.3.5 Japan Tobacco Recent Developments
4.4 Altria
4.4.1 Altria Company Information
4.4.2 Altria Business Overview
4.4.3 Altria E Cigarettes Sales, Revenue and Gross Margin (2020-2025)
4.4.4 Altria E Cigarettes Product Portfolio
4.4.5 Altria Recent Developments
4.5 VMR Product
4.5.1 VMR Product Company Information
4.5.2 VMR Product Business Overview
4.5.3 VMR Product E Cigarettes Sales, Revenue and Gross Margin (2020-2025)
4.5.4 VMR Product E Cigarettes Product Portfolio
4.5.5 VMR Product Recent Developments
4.6 Njoy
4.6.1 Njoy Company Information
4.6.2 Njoy Business Overview
4.6.3 Njoy E Cigarettes Sales, Revenue and Gross Margin (2020-2025)
4.6.4 Njoy E Cigarettes Product Portfolio
4.6.5 Njoy Recent Developments
4.7 21st Century
4.7.1 21st Century Company Information
4.7.2 21st Century Business Overview
4.7.3 21st Century E Cigarettes Sales, Revenue and Gross Margin (2020-2025)
4.7.4 21st Century E Cigarettes Product Portfolio
4.7.5 21st Century Recent Developments
4.8 Vaporcorp
4.8.1 Vaporcorp Company Information
4.8.2 Vaporcorp Business Overview
4.8.3 Vaporcorp E Cigarettes Sales, Revenue and Gross Margin (2020-2025)
4.8.4 Vaporcorp E Cigarettes Product Portfolio
4.8.5 Vaporcorp Recent Developments
4.9 Truvape
4.9.1 Truvape Company Information
4.9.2 Truvape Business Overview
4.9.3 Truvape E Cigarettes Sales, Revenue and Gross Margin (2020-2025)
4.9.4 Truvape E Cigarettes Product Portfolio
4.9.5 Truvape Recent Developments
4.10 FirstUnion
4.10.1 FirstUnion Company Information
4.10.2 FirstUnion Business Overview
4.10.3 FirstUnion E Cigarettes Sales, Revenue and Gross Margin (2020-2025)
4.10.4 FirstUnion E Cigarettes Product Portfolio
4.10.5 FirstUnion Recent Developments
4.11 Hangsen
4.11.1 Hangsen Company Information
4.11.2 Hangsen Business Overview
4.11.3 Hangsen E Cigarettes Sales, Revenue and Gross Margin (2020-2025)
4.11.4 Hangsen E Cigarettes Product Portfolio
4.11.5 Hangsen Recent Developments
4.12 Buddy Group
4.12.1 Buddy Group Company Information
4.12.2 Buddy Group Business Overview
4.12.3 Buddy Group E Cigarettes Sales, Revenue and Gross Margin (2020-2025)
4.12.4 Buddy Group E Cigarettes Product Portfolio
4.12.5 Buddy Group Recent Developments
4.13 Kimree
4.13.1 Kimree Company Information
4.13.2 Kimree Business Overview
4.13.3 Kimree E Cigarettes Sales, Revenue and Gross Margin (2020-2025)
4.13.4 Kimree E Cigarettes Product Portfolio
4.13.5 Kimree Recent Developments
4.14 Innokin
4.14.1 Innokin Company Information
4.14.2 Innokin Business Overview
4.14.3 Innokin E Cigarettes Sales, Revenue and Gross Margin (2020-2025)
4.14.4 Innokin E Cigarettes Product Portfolio
4.14.5 Innokin Recent Developments
4.15 SHENZHEN SMOORE
4.15.1 SHENZHEN SMOORE Company Information
4.15.2 SHENZHEN SMOORE Business Overview
4.15.3 SHENZHEN SMOORE E Cigarettes Sales, Revenue and Gross Margin (2020-2025)
4.15.4 SHENZHEN SMOORE E Cigarettes Product Portfolio
4.15.5 SHENZHEN SMOORE Recent Developments
4.16 SMOK
4.16.1 SMOK Company Information
4.16.2 SMOK Business Overview
4.16.3 SMOK E Cigarettes Sales, Revenue and Gross Margin (2020-2025)
4.16.4 SMOK E Cigarettes Product Portfolio
4.16.5 SMOK Recent Developments
5 Global E Cigarettes Market Scenario by Region
5.1 Global E Cigarettes Market Size by Region: 2020 VS 2024 VS 2031
5.2 Global E Cigarettes Sales by Region: 2020-2031
5.2.1 Global E Cigarettes Sales by Region: 2020-2025
5.2.2 Global E Cigarettes Sales by Region: 2026-2031
5.3 Global E Cigarettes Revenue by Region: 2020-2031
5.3.1 Global E Cigarettes Revenue by Region: 2020-2025
5.3.2 Global E Cigarettes Revenue by Region: 2026-2031
5.4 North America E Cigarettes Market Facts & Figures by Country
5.4.1 North America E Cigarettes Market Size by Country: 2020 VS 2024 VS 2031
5.4.2 North America E Cigarettes Sales by Country (2020-2031)
5.4.3 North America E Cigarettes Revenue by Country (2020-2031)
5.4.4 United States
5.4.5 Canada
5.4.6 Mexico
5.5 Europe E Cigarettes Market Facts & Figures by Country
5.5.1 Europe E Cigarettes Market Size by Country: 2020 VS 2024 VS 2031
5.5.2 Europe E Cigarettes Sales by Country (2020-2031)
5.5.3 Europe E Cigarettes Revenue by Country (2020-2031)
5.5.4 Germany
5.5.5 France
5.5.6 U.K.
5.5.7 Italy
5.5.8 Russia
5.5.9 Spain
5.5.10 Netherlands
5.5.11 Switzerland
5.5.12 Sweden
5.5.13 Poland
5.6 Asia Pacific E Cigarettes Market Facts & Figures by Country
5.6.1 Asia Pacific E Cigarettes Market Size by Country: 2020 VS 2024 VS 2031
5.6.2 Asia Pacific E Cigarettes Sales by Country (2020-2031)
5.6.3 Asia Pacific E Cigarettes Revenue by Country (2020-2031)
5.6.4 China
5.6.5 Japan
5.6.6 South Korea
5.6.7 India
5.6.8 Australia
5.6.9 Taiwan
5.6.10 Southeast Asia
5.7 South America E Cigarettes Market Facts & Figures by Country
5.7.1 South America E Cigarettes Market Size by Country: 2020 VS 2024 VS 2031
5.7.2 South America E Cigarettes Sales by Country (2020-2031)
5.7.3 South America E Cigarettes Revenue by Country (2020-2031)
5.7.4 Brazil
5.7.5 Argentina
5.7.6 Chile
5.8 Middle East and Africa E Cigarettes Market Facts & Figures by Country
5.8.1 Middle East and Africa E Cigarettes Market Size by Country: 2020 VS 2024 VS 2031
5.8.2 Middle East and Africa E Cigarettes Sales by Country (2020-2031)
5.8.3 Middle East and Africa E Cigarettes Revenue by Country (2020-2031)
5.8.4 Egypt
5.8.5 South Africa
5.8.6 Israel
5.8.7 Türkiye
5.8.8 GCC Countries
6 Segment by Type
6.1 Global E Cigarettes Sales by Type (2020-2031)
6.1.1 Global E Cigarettes Sales by Type (2020-2031) & (K Units)
6.1.2 Global E Cigarettes Sales Market Share by Type (2020-2031)
6.2 Global E Cigarettes Revenue by Type (2020-2031)
6.2.1 Global E Cigarettes Sales by Type (2020-2031) & (US$ Million)
6.2.2 Global E Cigarettes Revenue Market Share by Type (2020-2031)
6.3 Global E Cigarettes Price by Type (2020-2031)
7 Segment by Application
7.1 Global E Cigarettes Sales by Application (2020-2031)
7.1.1 Global E Cigarettes Sales by Application (2020-2031) & (K Units)
7.1.2 Global E Cigarettes Sales Market Share by Application (2020-2031)
7.2 Global E Cigarettes Revenue by Application (2020-2031)
7.2.1 Global E Cigarettes Sales by Application (2020-2031) & (US$ Million)
7.2.2 Global E Cigarettes Revenue Market Share by Application (2020-2031)
7.3 Global E Cigarettes Price by Application (2020-2031)
8 Value Chain and Sales Channels Analysis of the Market
8.1 E Cigarettes Value Chain Analysis
8.1.1 E Cigarettes Key Raw Materials
8.1.2 Raw Materials Key Suppliers
8.1.3 E Cigarettes Production Mode & Process
8.2 E Cigarettes Sales Channels Analysis
8.2.1 Direct Comparison with Distribution Share
8.2.2 E Cigarettes Distributors
8.2.3 E Cigarettes Customers
9 Global E Cigarettes Analyzing Market Dynamics
9.1 E Cigarettes Industry Trends
9.2 E Cigarettes Industry Drivers
9.3 E Cigarettes Industry Opportunities and Challenges
9.4 E Cigarettes Industry Restraints
10 Report Conclusion
11 Disclaimer

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