Global E-cigarette Market Growth 2023-2029

Global E-cigarette Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “E-cigarette Industry Forecast” looks at past sales and reviews total world E-cigarette sales in 2022, providing a comprehensive analysis by region and market sector of projected E-cigarette sales for 2023 through 2029. With E-cigarette sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world E-cigarette industry.
This Insight Report provides a comprehensive analysis of the global 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 E-cigarette portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global E-cigarette market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 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 E-cigarette.
The global E-cigarette market size is projected to grow from US$ 9929.2 million in 2022 to US$ 37830 million in 2029; it is expected to grow at a CAGR of 37830 from 2023 to 2029.
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%.
This report presents a comprehensive overview, market shares, and growth opportunities of E-cigarette market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
With Screen
Without Screen
Segmentation by application
Online
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 analyzing the company's coverage, product portfolio, its market penetration.
Imperial Tobacco
Reynolds American
Japan Tobacco
Altria
VMR Product
Njoy
21st Century
Vaporcorp
Truvape
FirstUnion
Hangsen
Buddy Group
Kimree
Innokin
SHENZHEN SMOORE
SMOK
Key Questions Addressed in this Report
What is the 10-year outlook for the global E-cigarette market?
What factors are driving E-cigarette market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do E-cigarette market opportunities vary by end market size?
How does E-cigarette break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.