Global E-cigarette Market Growth 2024-2030

Global E-cigarette Market Growth 2024-2030

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.

The global E-cigarette market size is projected to grow from US$ 19620 million in 2024 to US$ 34360 million in 2030; it is expected to grow at a CAGR of 9.8% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “E-cigarette Industry Forecast” looks at past sales and reviews total world E-cigarette sales in 2023, providing a comprehensive analysis by region and market sector of projected E-cigarette sales for 2024 through 2030. 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 Sales Channel, 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.

Global core manufacturers of E-cigarette for In-line Systems include Imperial Tobacco, British American Tobacco, Japan Tobacco, Altria and Philip Morris International. North America is the largest consumption region, accounting for approximately 57% of the global market. In terms of type, e-vapor is the largest market segment, with a share of more than 94%. In terms of application, the largest application is offline sales, with a share of approximately 83%.

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.

Segmentation by Type:
E-vapor
Heated Not Burn

Segmentation by Sales Channel:
Online Sales
Offline Sales

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
British American Tobacco
Japan Tobacco
Altria
Philip Morris International
FirstUnion
Buddy Group
Innokin
RELX
Smoore International
ELFBAR
SKE Crystal
Elux
MOTI
Boulder

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 by Type, by Sales Channel?

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