Global E-cigarette and Vape Market Growth 2024-2030

Global E-cigarette and Vape Market Growth 2024-2030

E-cigarette is a kind of electronic product that imitates cigarette. It has the same appearance, smoke, taste and feeling as cigarette. It is a kind of product that can be inhaled by users after nicotine is turned into steam by means of atomization. Electronic cigarette is composed of atomizer, control chip and battery. When the electronic cigarette is working, the liquid of the electronic cigarette is transferred to the atomization room, and then connected through the smoking air switch, and then the control chip (lithium battery drive) controls the heating of the atomization room to generate the vapor fog simulating the smoke, so as to meet the pleasure of smokers and the psychological habits developed for many years.

The global E-cigarette and Vape 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 and Vape Industry Forecast” looks at past sales and reviews total world E-cigarette and Vape sales in 2023, providing a comprehensive analysis by region and market sector of projected E-cigarette and Vape sales for 2024 through 2030. With E-cigarette and Vape sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world E-cigarette and Vape industry.

This Insight Report provides a comprehensive analysis of the global E-cigarette and Vape 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 and Vape portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global E-cigarette and Vape market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for E-cigarette and Vape 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 and Vape.

Global core manufacturers of E-cigarette and Vape 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 sales channel, the largest sales channel is offline sales, with a share of approximately 83%.

This report presents a comprehensive overview, market shares, and growth opportunities of E-cigarette and Vape 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 and Vape market?

What factors are driving E-cigarette and Vape market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do E-cigarette and Vape market opportunities vary by end market size?

How does E-cigarette and Vape break out by Type, by Sales Channel?

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