E-cigarette Industry Research Report 2024

E-cigarette Industry Research Report 2024


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-cigarette market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

Imperial Tobacco, Reynolds American, Japan Tobacco, Altria and Buddy Group are the leading producers of e-cigarettes. Imperial Tobacco is the world's largest, accounting for about 10% of the total market. The top five accounted for about 30%.

North America is the leading market, accounting for about 35% of the total, followed by Europe at about 25%.

Report Scope

This report aims to provide a comprehensive presentation of the global market for E-cigarette, 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-cigarette.

The report will help the E-cigarette 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-cigarette market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global E-cigarette 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 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

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

E-cigarette segment by Type
With Screen
Without Screen

E-cigarette segment by Application
Online
Offline

E-cigarette Segment by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

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-cigarette 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-cigarette 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-cigarette.
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-cigarette 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-cigarette 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-cigarette 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.
Chapter 11: The main points and conclusions of the report.


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-cigarette Market Size (2019-2030) & (US$ Million)
2.2.2 Global E-cigarette Sales (2019-2030)
2.2.3 Global E-cigarette Market Average Price (2019-2030)
2.3 E-cigarette by Type
2.3.1 Market Value Comparison by Type (2019 VS 2023 VS 2030) & (US$ Million)
2.3.2 With Screen
2.3.3 Without Screen
2.4 E-cigarette by Application
2.4.1 Market Value Comparison by Application (2019 VS 2023 VS 2030) & (US$ Million)
2.4.2 Online
2.4.3 Offline
3 Market Competitive Landscape by Manufacturers
3.1 Global E-cigarette Market Competitive Situation by Manufacturers (2019 Versus 2023)
3.2 Global E-cigarette Sales (K Units) of Manufacturers (2019-2024)
3.3 Global E-cigarette Revenue of Manufacturers (2019-2024)
3.4 Global E-cigarette Average Price by Manufacturers (2019-2024)
3.5 Global E-cigarette Industry Ranking, 2022 VS 2023 VS 2024
3.6 Global Manufacturers of E-cigarette, Manufacturing Sites & Headquarters
3.7 Global Manufacturers of E-cigarette, Product Type & Application
3.8 Global Manufacturers of E-cigarette, Date of Enter into This Industry
3.9 Global E-cigarette 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-cigarette Sales, Revenue and Gross Margin (2019-2024)
4.1.4 Imperial Tobacco E-cigarette 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-cigarette Sales, Revenue and Gross Margin (2019-2024)
4.2.4 Reynolds American E-cigarette 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-cigarette Sales, Revenue and Gross Margin (2019-2024)
4.3.4 Japan Tobacco E-cigarette 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-cigarette Sales, Revenue and Gross Margin (2019-2024)
4.4.4 Altria E-cigarette 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-cigarette Sales, Revenue and Gross Margin (2019-2024)
4.5.4 VMR Product E-cigarette 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-cigarette Sales, Revenue and Gross Margin (2019-2024)
4.6.4 Njoy E-cigarette 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-cigarette Sales, Revenue and Gross Margin (2019-2024)
4.7.4 21st Century E-cigarette 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-cigarette Sales, Revenue and Gross Margin (2019-2024)
4.8.4 Vaporcorp E-cigarette 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-cigarette Sales, Revenue and Gross Margin (2019-2024)
4.9.4 Truvape E-cigarette 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-cigarette Sales, Revenue and Gross Margin (2019-2024)
4.10.4 FirstUnion E-cigarette 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-cigarette Sales, Revenue and Gross Margin (2019-2024)
4.11.4 Hangsen E-cigarette 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-cigarette Sales, Revenue and Gross Margin (2019-2024)
4.12.4 Buddy Group E-cigarette 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-cigarette Sales, Revenue and Gross Margin (2019-2024)
4.13.4 Kimree E-cigarette 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-cigarette Sales, Revenue and Gross Margin (2019-2024)
4.14.4 Innokin E-cigarette 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-cigarette Sales, Revenue and Gross Margin (2019-2024)
4.15.4 SHENZHEN SMOORE E-cigarette 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-cigarette Sales, Revenue and Gross Margin (2019-2024)
4.16.4 SMOK E-cigarette Product Portfolio
4.16.5 SMOK Recent Developments
5 Global E-cigarette Market Scenario by Region
5.1 Global E-cigarette Market Size by Region: 2019 VS 2023 VS 2030
5.2 Global E-cigarette Sales by Region: 2019-2030
5.2.1 Global E-cigarette Sales by Region: 2019-2024
5.2.2 Global E-cigarette Sales by Region: 2025-2030
5.3 Global E-cigarette Revenue by Region: 2019-2030
5.3.1 Global E-cigarette Revenue by Region: 2019-2024
5.3.2 Global E-cigarette Revenue by Region: 2025-2030
5.4 North America E-cigarette Market Facts & Figures by Country
5.4.1 North America E-cigarette Market Size by Country: 2019 VS 2023 VS 2030
5.4.2 North America E-cigarette Sales by Country (2019-2030)
5.4.3 North America E-cigarette Revenue by Country (2019-2030)
5.4.4 U.S.
5.4.5 Canada
5.5 Europe E-cigarette Market Facts & Figures by Country
5.5.1 Europe E-cigarette Market Size by Country: 2019 VS 2023 VS 2030
5.5.2 Europe E-cigarette Sales by Country (2019-2030)
5.5.3 Europe E-cigarette Revenue by Country (2019-2030)
5.5.4 Germany
5.5.5 France
5.5.6 U.K.
5.5.7 Italy
5.5.8 Russia
5.6 Asia Pacific E-cigarette Market Facts & Figures by Country
5.6.1 Asia Pacific E-cigarette Market Size by Country: 2019 VS 2023 VS 2030
5.6.2 Asia Pacific E-cigarette Sales by Country (2019-2030)
5.6.3 Asia Pacific E-cigarette Revenue by Country (2019-2030)
5.6.4 China
5.6.5 Japan
5.6.6 South Korea
5.6.7 India
5.6.8 Australia
5.6.9 China Taiwan
5.6.10 Indonesia
5.6.11 Thailand
5.6.12 Malaysia
5.7 Latin America E-cigarette Market Facts & Figures by Country
5.7.1 Latin America E-cigarette Market Size by Country: 2019 VS 2023 VS 2030
5.7.2 Latin America E-cigarette Sales by Country (2019-2030)
5.7.3 Latin America E-cigarette Revenue by Country (2019-2030)
5.7.4 Mexico
5.7.5 Brazil
5.7.6 Argentina
5.8 Middle East and Africa E-cigarette Market Facts & Figures by Country
5.8.1 Middle East and Africa E-cigarette Market Size by Country: 2019 VS 2023 VS 2030
5.8.2 Middle East and Africa E-cigarette Sales by Country (2019-2030)
5.8.3 Middle East and Africa E-cigarette Revenue by Country (2019-2030)
5.8.4 Turkey
5.8.5 Saudi Arabia
5.8.6 UAE
6 Segment by Type
6.1 Global E-cigarette Sales by Type (2019-2030)
6.1.1 Global E-cigarette Sales by Type (2019-2030) & (K Units)
6.1.2 Global E-cigarette Sales Market Share by Type (2019-2030)
6.2 Global E-cigarette Revenue by Type (2019-2030)
6.2.1 Global E-cigarette Sales by Type (2019-2030) & (US$ Million)
6.2.2 Global E-cigarette Revenue Market Share by Type (2019-2030)
6.3 Global E-cigarette Price by Type (2019-2030)
7 Segment by Application
7.1 Global E-cigarette Sales by Application (2019-2030)
7.1.1 Global E-cigarette Sales by Application (2019-2030) & (K Units)
7.1.2 Global E-cigarette Sales Market Share by Application (2019-2030)
7.2 Global E-cigarette Revenue by Application (2019-2030)
7.2.1 Global E-cigarette Sales by Application (2019-2030) & (US$ Million)
7.2.2 Global E-cigarette Revenue Market Share by Application (2019-2030)
7.3 Global E-cigarette Price by Application (2019-2030)
8 Value Chain and Sales Channels Analysis of the Market
8.1 E-cigarette Value Chain Analysis
8.1.1 E-cigarette Key Raw Materials
8.1.2 Raw Materials Key Suppliers
8.1.3 E-cigarette Production Mode & Process
8.2 E-cigarette Sales Channels Analysis
8.2.1 Direct Comparison with Distribution Share
8.2.2 E-cigarette Distributors
8.2.3 E-cigarette Customers
9 Global E-cigarette Analyzing Market Dynamics
9.1 E-cigarette Industry Trends
9.2 E-cigarette Industry Drivers
9.3 E-cigarette Industry Opportunities and Challenges
9.4 E-cigarette Industry Restraints
10 Report Conclusion
11 Disclaimer

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