Global Heat-not-burn E-cigarette Market Growth 2024-2030
Heat-not-burn (HNB) e-cigarettes, also known as heated tobacco products, are devices that heat tobacco to a lower temperature than conventional cigarettes, producing an inhalable aerosol without combustion. Unlike traditional cigarettes, which burn tobacco at around 600-900°C, HNB devices typically heat it to around 250-350°C. This lower temperature reduces the production of harmful combustion-related toxins and carcinogens, such as tar and carbon monoxide, while still delivering nicotine and the flavor of tobacco.
The global Heat-not-burn E-cigarette market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Heat-not-burn E-cigarette Industry Forecast” looks at past sales and reviews total world Heat-not-burn E-cigarette sales in 2023, providing a comprehensive analysis by region and market sector of projected Heat-not-burn E-cigarette sales for 2024 through 2030. With Heat-not-burn E-cigarette sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Heat-not-burn E-cigarette industry.
This Insight Report provides a comprehensive analysis of the global Heat-not-burn E-cigarette landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Heat-not-burn E-cigarette portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Heat-not-burn E-cigarette market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Heat-not-burn E-cigarette and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Heat-not-burn E-cigarette.
United States market for Heat-not-burn E-cigarette is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Heat-not-burn E-cigarette is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Heat-not-burn E-cigarette is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Heat-not-burn E-cigarette players cover Imperial Tobacco, Japan Tobacco, Philip Morris International, FirstUnion, Buddy Group, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Heat-not-burn E-cigarette market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Heater
Consumables
Segmentation by Application:
On-line
Offline
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Imperial Tobacco
Japan Tobacco
Philip Morris International
FirstUnion
Buddy Group
Key Questions Addressed in this Report
What is the 10-year outlook for the global Heat-not-burn E-cigarette market?
What factors are driving Heat-not-burn E-cigarette market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Heat-not-burn E-cigarette market opportunities vary by end market size?
How does Heat-not-burn E-cigarette break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.