The 2023-2028 World Outlook for E-Cigarettes

The 2023-2028 World Outlook for E-Cigarettes

This study covers the world outlook for e-cigarettes across more than 190 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region, and of the globe. These comparative benchmarks allow the reader to quickly gauge a country vis-à-vis others. Using econometric models which project fundamental economic dynamics within each country and across countries, latent demand estimates are created. This report does not discuss the specific players in the market serving the latent demand, nor specific details at the product level. The study also does not consider short-term cyclicalities that might affect realized sales. The study, therefore, is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved.

This study covers e-cigarettes as defined by the North American Industrial Classification system or NAICS (pronounced "nakes").

The NAICS code for e-cigarettes is 32611116. It is for this definition that aggregate latent demand estimates are derived. E-cigarettes is specifically defined as follows:

32611116 Coextruded single web film specialty bags, pouches, and liners

3261111621 Coextruded bags, pouches, and liners, used for meat

3261111631 Coextruded bags, pouches, and liners, for medical uses

3261111641 Coextruded bags, pouches, and liners, used for food, except produce and meat

3261111651 Coextruded bags, pouches, and liners, used for produce

3261111661 Coextruded bags, pouches, and liners, used for pet food

3261111671 All other coextruded bags, pouches, and liners, used for non food

3261111681 Coextruded film specialty bags, pouches, and liners