E-liquid is a liquid that is used in e-cigarettes as a vaporizer to synthesize smoke. It can be found in different varieties of flavors. E-liquid has different nicotine content. Consumption of e-liquid and e-cigarette is restricted for the consumers that are below age 18. E-liquid is available in two base types—propylene glycol and vegetable glycerin. E-liquids are used to reduce the risk of lung disorders caused due the traditional cigarettes. E-liquids are available on online websites and stores. The global e-liquid market is experiencing a shift in the growth but the preventive measures taken by the company toward the e-liquid will help the e-liquid market to grow significantly in the coming years.
COVID-19 Scenario Analysis:
- The e-liquid market is greatly affected due to COVID-19.
- As the supply of e-liquid products is banned because it is not included in the necessary goods.
- The demand for e-liquid products has been increased which has led to an increase in the black market.
- The supply chain of such products is also disrupted due to lockdown and travel restrictions.
- The online platforms are the stores where e-liquids are available.
- The manufacturers are also facing financial problems due to no supply and production.
Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
Rise in awareness of consumers about the base type can be a factor that drives the growth of the global e-liquid market. Apart from that, with the increase in consumption of e-cigarettes and an increase in disposable income can also contribute toward the growth of the global e-liquid market. However, government restrictions can hinder the growth of the e-liquid market. Even so, the availability of e-liquid and variety in flavors and internet penetration are the factors that contribute to the growth of the e-liquid market.
The global E-Liquid market trends are as follows:
- The companies are taking essential initiatives to ensure that e-liquid is safe to consume.
- People prefer products that are safe for both body and environment with the growing awareness of health and environmental issues. So, companies are manufacturing eco-friendly vaping that reduces the effects caused to the environment due to tobacco.
Key Benefits of the Report:
- This study presents the analytical depiction of the global e-liquid industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global e-liquid market share.
- The current market is quantitatively analyzed to highlight the global e-liquid market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global e-liquid market analysis based on competitive intensity and how the competition will take shape in the coming years.
Questions Answered in the E-Liquid Market Research Report:
- What are the leading market players active in the e-liquid market?
- What the current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What future projections would help in taking further strategic steps?
E-Liquid Market Report Highlights
| Aspects | Details |
 By Base Type |
|
 By Product Type |
|
 By Flavor |
|
 By Distribution Channel |
|
 By Region |
|
 Key Market Players | VMR Products LLC, Silver Laboratories, USA Vape Labe, Nicopure Labs LLC., Mt Baker Vapor., Savage Enterprises LLC., Vista Vapors Inc., Black Note, Fuggin Vapor Co., Mig Vapor LLC. |
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