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Electronic Cigarette Market by Product Type (Disposable, Rechargeable, and Modular), Flavor (Tobacco, Botanical, Fruit, Sweet, Beverage, and Others) and Distribution Channel (Specialist E-Cig Shops, Online, Supermarkets, Tobacconist, and Others) - Global Opportunity Analysis and Industry Forecast, 2017-2023

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CO_182427
Pages: 220
Jan 2018 | 4880 Views
 
Author's : Rushikesh Dawande
Tables: 111
Charts: 41
 

Electronic Cigarette Market Overview:

The Global Electronic Cigarette Market is expected to garner $26,839 million by 2023, from $8,610 million in 2016, registering a CAGR of 17.4% from 2017 to 2023. An electronic cigarette is a device comprising a battery, an atomizer, and an inhaler, which provides similar experience of tobacco smoking without inhalation of smoke. The device is filled with solution containing nicotine or nicotine free liquid, which is heated and converted into vapor, and inhaled, and is considered less harmful as compared to conventional cigarettes. Presently, this device is being recognized as an alternative to conventional cigarettes, as it offers benefits such as zero smoke, no pollution, reduces health-related problems, and can be smoked at public places. Increase in awareness about harmful effects of conventional cigarettes, reduced tar, and carbon monoxide inhalation through electronic cigarette, growing affluence, and rise in technological developments by electronic cigarette manufacturers drive the growth of the market.

The global electronic cigarette market is segmented based on product type, flavor, distribution channel, and region. Based on product type, the market is divided into disposable, rechargeable, and modular. Flavor in electronic cigarette includes tobacco, botanical, fruit, sweet, beverage, and others. Based on distribution channel, the market is categorized into specialist e-cig shops, online, supermarkets, tobacconist, and others. The market is analyzed based on region into North America, Europe, Asia-Pacific, and LAMEA.

The key players profiled in the report include Altria Group, British American Tobacco, Imperial Brands, International Vapor Group, Japan Tobacco, Nicotek Llc, Njoy Inc., Philip Morris International Inc., Reynolds American Inc., and Vmr Flavours Llc.

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North America is the highest revenue contributor to the global market, owing to high awareness of electronic cigarettes and health hazards due to tobacco smoking. Consumer perception of electronic cigarette as tobacco smoking cession product drive the market growth in the region. The U.S. accounts for highest market share in the global market and is expected to grow at a significant CAGR of 17.4% from 2017 to 2023.

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Various types of electronic cigarette have been developed and are available in the market such as modular, rechargeable, and disposable. In 2016, modular electronic cigarette accounted for more than half share in the global market and is expected to grow at the highest CAGR of 18.8% maintaining its dominance during the forecast period. Modular electronic cigarette is the most popular among others as it can be refilled and allows the user to regulate the power delivered from the system’s battery to the automizer.

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Physical routes to market remain the dominant channel for the purchase of electronic cigarette. In 2016, specialist e-cig shops generated the highest revenue growing at a significant CAGR of 17.7% from 2017 to 2023. Consumers are reassured by specialist e-cig shops while making their initial purchase to build familiarity with the product. However, consumer switching to online channel is growing at the highest CAGR of 18.1%.

Key Benefits for Stakeholders

  • The report provides an in-depth analysis of the current trends, drivers, and dynamics of the global electronic cigarette market to elucidate the prevailing opportunities and tap the investment pockets.
  • It offers qualitative trends and quantitative analysis of the global market for the period of 2016‐2023 to assist stakeholders to understand the market scenario.
  • In-depth analysis of the key segments demonstrates the product types of electronic cigarette available.
  • Competitive intelligence of the industry highlights the business practices followed by key players across geographies and the prevailing market opportunities.
  • Key players and their strategies and developments are profiled to understand the competitive outlook of the market.

Electronic Cigarette Market Key Segments:

By Product Type

  • Disposable
  • Rechargeable
  • Modular

By Flavor

  • Tobacco
  • Botanical
  • Fruit
  • Sweet
  • Beverage
  • Others

By Distribution Channel

  • Specialist E-cig Shops
  • Online
  • Supermarkets
  • Tobacconist
  • Others

By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Malaysia
    • South Korea
    • India
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Costa Rica
    • Paraguay
    • Israel
    • South Africa
    • Rest of LAMEA
 

Chapter: 1 INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY

1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

Chapter: 2 EXECUTIVE SUMMARY

2.1. KEY FINDINGS OF THE STUDY
2.2. CXO PERSPECTIVES

Chapter: 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top Investment Pockets
3.2.2. Top Winning Strategies

3.3. PORTERS FIVE FORCES ANALYSIS

3.3.1. Bargaining Power of Suppliers
3.3.2. Bargaining Power of Buyers
3.3.3. Threat of New Entrants
3.3.4. Threat of Substitutes
3.3.5. Intensity of Competitive Rivalry

3.4. MARKET DYNAMICS

3.4.1. Drivers

3.4.1.1. Advancement in technology
3.4.1.2. Electronic cigarette serves as safer alternative than tobacco cigarette

3.4.2. Restraints

3.4.2.1. Implementation of strict legal framework on electronic cigarette
3.4.2.2. Risks associated with the use of electronic cigarettes and reported incidents

3.4.3. Opportunities

3.4.3.1. High untapped market potential in the emerging economies

3.5. PATENT ANALYSIS

3.5.1. Patent Analysis, by Year
3.5.2. Patent Analysis, by Country
3.5.3. Patent Analysis, by Company

3.6. MARKET SHARE ANALYSIS, 2016-2023 (%)

Chapter: 4 ELECTRONIC CIGARETTE MARKET, BY PRODUCT

4.1. INTRODUCTION

4.1.1. Market Size and Forecast

4.2. DISPOSABLE

4.2.1. Key Market Trends, Growth Factors, and Opportunities
4.2.2. Market Size and Forecast, By Region

4.3. RECHARGEABLE

4.3.1. Key Market Trends, Growth Factors, and Opportunities
4.3.2. Market Size and Forecast, By Region

4.4. MODULAR

4.4.1. Key Market Trends, Growth Factors, and Opportunities
4.4.2. Market Size and Forecast, By Region

Chapter: 5 ELECTRONIC CIGARETTE MARKET, BY FLAVOR

5.1. INTRODUCTION

5.1.1. Market Size and Forecast

5.2. TOBACCO

5.2.1. Key Market Trends, Growth Factors, and Opportunities
5.2.2. Market Size and Forecast, By Region

5.3. BOTANICAL

5.3.1. Key Market Trends, Growth Factors, and Opportunities
5.3.2. Market Size and Forecast, By Region

5.4. FRUIT

5.4.1. Key Market Trends, Growth Factors, and Opportunities
5.4.2. Market Size and Forecast, By Region

5.5. SWEET

5.5.1. Key Market Trends, Growth Factors, and Opportunities
5.5.2. Market Size and Forecast, By Region

5.6. BEVERAGE

5.6.1. Key Market Trends, Growth Factors, and Opportunities
5.6.2. Market Size and Forecast, By Region

5.7. OTHERS

5.7.1. Key Market Trends, Growth Factors, and Opportunities
5.7.2. Market Size and Forecast, By Region

Chapter: 6 ELECTRONIC CIGARETTE MARKET, BY DISTRIBUTION CHANNEL

6.1. INTRODUCTION

6.1.1. Market Size and Forecast

6.2. SPECIALIST E-CIG SHOPS

6.2.1. Key Market Trends, Growth Factors, and Opportunities
6.2.2. Market Size and Forecast, By Region

6.3. ONLINE

6.3.1. Key Market Trends, Growth Factors, and Opportunities
6.3.2. Market Size and Forecast, By Region

6.4. SUPERMARKETS

6.4.1. Key Market Trends, Growth Factors, and Opportunities
6.4.2. Market Size and Forecast, By Region

6.5. TOBACCONIST

6.5.1. Key Market Trends, Growth Factors, and Opportunities
6.5.2. Market Size and Forecast, By Region

6.6. OTHERS

6.6.1. Key Market Trends, Growth Factors, and Opportunities
6.6.2. Market Size and Forecast, By Region

Chapter: 7 ELECTRONIC CIGARETTE MARKET, BY GEOGRAPHY

7.1. INTRODUCTION

7.1.1. Market Size and Forecast

7.2. NORTH AMERICA

7.2.1. Key Market Trends, Growth Factors, and Opportunities
7.2.2. Market Size and Forecast
7.2.3. U.S.

7.2.3.1. Market Size and Forecast, By Product
7.2.3.2. Market Size and Forecast, By Flavor
7.2.3.3. Market Size and Forecast, By Distribution Channel

7.2.4. Canada

7.2.4.1. Market Size and Forecast, By Product
7.2.4.2. Market Size and Forecast, By Flavor
7.2.4.3. Market Size and Forecast, By Distribution Channel

7.3. EUROPE

7.3.1. Key Market Trends, Growth Factors, and Opportunities
7.3.2. Market Size and Forecast
7.3.3. UK

7.3.3.1. Market Size and Forecast, By Product
7.3.3.2. Market Size and Forecast, By Flavor
7.3.3.3. Market Size and Forecast, By Distribution Channel

7.3.4. Germany

7.3.4.1. Market Size and Forecast, By Product
7.3.4.2. Market Size and Forecast, By Flavor
7.3.4.3. Market Size and Forecast, By Distribution Channel

7.3.5. France

7.3.5.1. Market Size and Forecast, By Product
7.3.5.2. Market Size and Forecast, By Flavor
7.3.5.3. Market Size and Forecast, By Distribution Channel

7.3.6. Italy

7.3.6.1. Market Size and Forecast, By Product
7.3.6.2. Market Size and Forecast, By Flavor
7.3.6.3. Market Size and Forecast, By Distribution Channel

7.3.7. Spain

7.3.7.1. Market Size and Forecast, By Product
7.3.7.2. Market Size and Forecast, By Flavor
7.3.7.3. Market Size and Forecast, By Distribution Channel

7.3.8. Rest of Europe

7.3.8.1. Market Size and Forecast, By Product
7.3.8.2. Market Size and Forecast, By Flavor
7.3.8.3. Market Size and Forecast, By Distribution Channel

7.4. ASIA-PACIFIC

7.4.1. Key Market Trends, Growth Factors, and Opportunities
7.4.2. Market Size and Forecast
7.4.3. China

7.4.3.1. Market Size and Forecast, By Product
7.4.3.2. Market Size and Forecast, By Flavor
7.4.3.3. Market Size and Forecast, By Distribution Channel

7.4.4. Malaysia

7.4.4.1. Market Size and Forecast, By Product
7.4.4.2. Market Size and Forecast, By Flavor
7.4.4.3. Market Size and Forecast, By Distribution Channel

7.4.5. South Korea

7.4.5.1. Market Size and Forecast, By Product
7.4.5.2. Market Size and Forecast, By Flavor
7.4.5.3. Market Size and Forecast, By Distribution Channel

7.4.6. India

7.4.6.1. Market Size and Forecast, By Product
7.4.6.2. Market Size and Forecast, By Flavor
7.4.6.3. Market Size and Forecast, By Distribution Channel

7.4.7. Australia

7.4.7.1. Market Size and Forecast, By Product
7.4.7.2. Market Size and Forecast, By Flavor
7.4.7.3. Market Size and Forecast, By Distribution Channel

7.4.8. Rest of Asia-Pacific

7.4.8.1. Market Size and Forecast, By Product
7.4.8.2. Market Size and Forecast, By Flavor
7.4.8.3. Market Size and Forecast, By Distribution Channel

7.5. LAMEA

7.5.1. Key Market Trends, Growth Factors, and Opportunities
7.5.2. Market Size and Forecast
7.5.3. Costa Rica

7.5.3.1. Market Size and Forecast, By Product
7.5.3.2. Market Size and Forecast, By Flavor
7.5.3.3. Market Size and Forecast, By Distribution Channel

7.5.4. Paraguay

7.5.4.1. Market Size and Forecast, By Product
7.5.4.2. Market Size and Forecast, By Flavor
7.5.4.3. Market Size and Forecast, By Distribution Channel

7.5.5. Israel

7.5.5.1. Market Size and Forecast, By Product
7.5.5.2. Market Size and Forecast, By Flavor
7.5.5.3. Market Size and Forecast, By Distribution Channel

7.5.6. South Africa

7.5.6.1. Market Size and Forecast, By Product
7.5.6.2. Market Size and Forecast, By Flavor
7.5.6.3. Market Size and Forecast, By Distribution Channel

7.5.7. Rest of LAMEA

7.5.7.1. Market Size and Forecast, By Product
7.5.7.2. Market Size and Forecast, By Flavor
7.5.7.3. Market Size and Forecast, By Distribution Channel

Chapter: 8 COMPANY PROFILES

8.1. ALTRIA GROUP

8.1.1. Company Overview
8.1.2. Company Snapshot
8.1.3. Operating Business Segments
8.1.4. Business Performance
8.1.5. Key Strategic Moves and Developments

8.2. BRITISH AMERICAN TOBACCO

8.2.1. Company Overview
8.2.2. Company Snapshot
8.2.3. Operating Business Segments
8.2.4. Business Performance
8.2.5. Key Strategic Moves and Developments

8.3. IMPERIAL BRANDS

8.3.1. Company Overview
8.3.2. Company Snapshot
8.3.3. Operating Business Segments
8.3.4. Business Performance
8.3.5. Key Strategic Moves and Developments

8.4. INTERNATIONAL VAPOR GROUP

8.4.1. Company Overview
8.4.2. Company Snapshot
8.4.3. Operating Business Segments
8.4.4. Business Performance
8.4.5. Key Strategic Moves and Developments

8.5. JAPAN TOBACCO

8.5.1. Company Overview
8.5.2. Company Snapshot
8.5.3. Operating Business Segments
8.5.4. Business Performance
8.5.5. Key Strategic Moves and Developments

8.6. NICOTEK LLC

8.6.1. Company Overview
8.6.2. Company Snapshot
8.6.3. Operating Business Segments
8.6.4. Business Performance
8.6.5. Key Strategic Moves and Developments

8.7. NJOY INC.

8.7.1. Company Overview
8.7.2. Company Snapshot
8.7.3. Operating Business Segments
8.7.4. Business Performance
8.7.5. Key Strategic Moves and Developments

8.8. PHILIP MORRIS INTERNATIONAL INC.

8.8.1. Company Overview
8.8.2. Company Snapshot
8.8.3. Operating Business Segments
8.8.4. Business Performance
8.8.5. Key Strategic Moves and Developments

8.9. REYNOLDS AMERICAN INC.

8.9.1. Company Overview
8.9.2. Company Snapshot
8.9.3. Operating Business Segments
8.9.4. Business Performance
8.9.5. Key Strategic Moves and Developments

8.10. VMR FLAVOURS LLC

8.10.1. Company Overview
8.10.2. Company Snapshot
8.10.3. Operating Business Segments
8.10.4. Business Performance
8.10.5. Key Strategic Moves and Developments

List of Tables

TABLE 1. GLOBAL ELECTRONIC CIGARETTE MARKET, BY PRODUCT, 2015-2023 ($MILLION)
TABLE 2. DISPOSABLE ELECTRONIC CIGARETTE MARKET VALUE, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 3. RECHARGEABLE ELECTRONIC CIGARETTE MARKET VALUE, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 4. MODULAR ELECTRONIC CIGARETTE MARKET VALUE, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 5. GLOBAL ELECTRONIC CIGARETTE MARKET, BY FLAVOR, 2015-2023 ($MILLION)
TABLE 6. TOBACCO-BASED ELECTRONIC CIGARETTE MARKET, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 7. BOTANICAL-BASED ELECTRONIC CIGARETTE MARKET, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 8. FRUIT-BASED ELECTRONIC CIGARETTE MARKET, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 9. SWEET BASED ELECTRONIC CIGARETTE MARKET, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 10. BEVERAGE BASED ELECTRONIC CIGARETTE MARKET, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 11. OTHERS ELECTRONIC CIGARETTE MARKET, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 12. GLOBAL ELECTRONIC CIGARETTE MARKET, BY DISTRIBUTION CHANNEL, 2015-2023 ($MILLION)
TABLE 13. ELECTRONIC CIGARETTE MARKET FOR SPECIALIST E-CIG SHOPS, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 14. ELECTRONIC CIGARETTE MARKET FOR ONLINE CHANNEL, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 15. ELECTRONIC CIGARETTE MARKET FOR SUPERMARKETS, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 16. ELECTRONIC CIGARETTE MARKET FOR TOBACCONIST, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 17. ELECTRONIC CIGARETTE MARKET FOR OTHER CHANNELS, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 18. ELECTRONIC CIGARETTE MARKET, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 19. NORTH AMERICA ELECTRONIC CIGARETTE MARKET, BY PRODUCT, 2015-2023 ($MILLION)
TABLE 20. NORTH AMERICA ELECTRONIC CIGARETTE MARKET, BY FLAVOR, 2015-2023 ($MILLION)
TABLE 21. NORTH AMERICA ELECTRONIC CIGARETTE MARKET, BY DISTRIBUTION CHANNEL, 2015-2023 ($MILLION)
TABLE 22. NORTH AMERICA ELECTRONIC CIGARETTE MARKET, BY COUNTRY, 2015-2023 ($MILLION)
TABLE 23. U.S. ELECTRONIC CIGARETTE MARKET, BY PRODUCT, 2015-2023 ($MILLION)
TABLE 24. U.S. ELECTRONIC CIGARETTE MARKET, BY FLAVOR, 2015-2023 ($MILLION)
TABLE 25. U.S. ELECTRONIC CIGARETTE MARKET, BY DISTRIBUTION CHANNEL, 2015-2023 ($MILLION)
TABLE 26. CANADA ELECTRONIC CIGARETTE MARKET, BY PRODUCT, 2015-2023 ($MILLION)
TABLE 27. CANADA ELECTRONIC CIGARETTE MARKET, BY FLAVOR, 2015-2023 ($MILLION)
TABLE 28. CANADA ELECTRONIC CIGARETTE MARKET, BY DISTRIBUTION CHANNEL, 2015-2023 ($MILLION)
TABLE 29. EUROPE ELECTRONIC CIGARETTE MARKET, BY PRODUCT, 2015-2023 ($MILLION)
TABLE 30. EUROPE ELECTRONIC CIGARETTE MARKET, BY FLAVOR, 2015-2023 ($MILLION)
TABLE 31. EUROPE ELECTRONIC CIGARETTE MARKET, BY DISTRIBUTION CHANNEL, 2015-2023 ($MILLION)
TABLE 32. EUROPE ELECTRONIC CIGARETTE MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 33. UK ELECTRONIC CIGARETTE MARKET, BY PRODUCT, 2015-2023 ($MILLION)
TABLE 34. UK ELECTRONIC CIGARETTE MARKET, BY FLAVOR, 2015-2023 ($MILLION)
TABLE 35. UK ELECTRONIC CIGARETTE MARKET, BY DISTRIBUTION CHANNEL, 2015-2023 ($MILLION)
TABLE 36. GERMANY ELECTRONIC CIGARETTE MARKET, BY PRODUCT, 2015-2023 ($MILLION)
TABLE 37. GERMANY ELECTRONIC CIGARETTE MARKET, BY FLAVOR, 2015-2023 ($MILLION)
TABLE 38. GERMANY ELECTRONIC CIGARETTE MARKET, BY DISTRIBUTION CHANNEL, 2015-2023 ($MILLION)
TABLE 39. FRANCE ELECTRONIC CIGARETTE MARKET, BY PRODUCT, 2015-2023 ($MILLION)
TABLE 40. FRANCE ELECTRONIC CIGARETTE MARKET, BY FLAVOR, 2015-2023 ($MILLION)
TABLE 41. FRANCE ELECTRONIC CIGARETTE MARKET, BY DISTRIBUTION CHANNEL, 2015-2023 ($MILLION)
TABLE 42. ITALY ELECTRONIC CIGARETTE MARKET, BY PRODUCT, 2015-2023 ($MILLION)
TABLE 43. ITALY ELECTRONIC CIGARETTE MARKET, BY FLAVOR, 2015-2023 ($MILLION)
TABLE 44. ITALY ELECTRONIC CIGARETTE MARKET, BY DISTRIBUTION CHANNEL, 2015-2023 ($MILLION)
TABLE 45. SPAIN ELECTRONIC CIGARETTE MARKET, BY PRODUCT, 2015-2023 ($MILLION)
TABLE 46. SPAIN ELECTRONIC CIGARETTE MARKET, BY FLAVOR, 2015-2023 ($MILLION)
TABLE 47. SPAIN ELECTRONIC CIGARETTE MARKET, BY DISTRIBUTION CHANNEL, 2015-2023 ($MILLION)
TABLE 48. REST OF EUROPE ELECTRONIC CIGARETTE MARKET, BY PRODUCT, 2015-2023 ($MILLION)
TABLE 49. REST OF EUROPE ELECTRONIC CIGARETTE MARKET, BY FLAVOR, 2015-2023 ($MILLION)
TABLE 50. REST OF EUROPE ELECTRONIC CIGARETTE MARKET, BY DISTRIBUTION CHANNEL, 2015-2023 ($MILLION)
TABLE 51. ASIA-PACIFIC ELECTRONIC CIGARETTE MARKET, BY PRODUCT, 2015-2023 ($MILLION)
TABLE 52. ASIA-PACIFIC ELECTRONIC CIGARETTE MARKET, BY FLAVOR, 2015-2023 ($MILLION)
TABLE 53. ASIA-PACIFIC ELECTRONIC CIGARETTE MARKET, BY DISTRIBUTION CHANNEL, 2015-2023 ($MILLION)
TABLE 54. ASIA-PACIFIC ELECTRONIC CIGARETTE MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 55. CHINA ELECTRONIC CIGARETTE MARKET, BY PRODUCT, 2015-2023 ($MILLION)
TABLE 56. CHINA ELECTRONIC CIGARETTE MARKET, BY FLAVOR, 2015-2023 ($MILLION)
TABLE 57. CHINA ELECTRONIC CIGARETTE MARKET, BY DISTRIBUTION CHANNEL, 2015-2023 ($MILLION)
TABLE 58. MALAYSIA ELECTRONIC CIGARETTE MARKET, BY PRODUCT, 2015-2023 ($MILLION)
TABLE 59. MALAYSIA ELECTRONIC CIGARETTE MARKET, BY FLAVOR, 2015-2023 ($MILLION)
TABLE 60. MALAYSIA ELECTRONIC CIGARETTE MARKET, BY DISTRIBUTION CHANNEL, 2015-2023 ($MILLION)
TABLE 61. SOUTH KOREA ELECTRONIC CIGARETTE MARKET, BY PRODUCT, 2015-2023 ($MILLION)
TABLE 62. SOUTH KOREA ELECTRONIC CIGARETTE MARKET, BY FLAVOR, 2015-2023 ($MILLION)
TABLE 63. SOUTH KOREA ELECTRONIC CIGARETTE MARKET, BY DISTRIBUTION CHANNEL, 2015-2023 ($MILLION)
TABLE 64. INDIA ELECTRONIC CIGARETTE MARKET, BY PRODUCT, 2015-2023 ($MILLION)
TABLE 65. INDIA ELECTRONIC CIGARETTE MARKET, BY FLAVOR, 2015-2023 ($MILLION)
TABLE 66. INDIA ELECTRONIC CIGARETTE MARKET, BY DISTRIBUTION CHANNEL, 2015-2023 ($MILLION)
TABLE 67. AUSTRALIA ELECTRONIC CIGARETTE MARKET, BY PRODUCT, 2015-2023 ($MILLION)
TABLE 68. AUSTRALIA ELECTRONIC CIGARETTE MARKET, BY FLAVOR, 2015-2023 ($MILLION)
TABLE 69. AUSTRALIA ELECTRONIC CIGARETTE MARKET, BY DISTRIBUTION CHANNEL, 2015-2023 ($MILLION)
TABLE 70. REST OF ASIA-PACIFIC ELECTRONIC CIGARETTE MARKET, BY PRODUCT, 2015-2023 ($MILLION)
TABLE 71. REST OF ASIA-PACIFIC ELECTRONIC CIGARETTE MARKET, BY FLAVOR, 2015-2023 ($MILLION)
TABLE 72. REST OF ASIA-PACIFIC ELECTRONIC CIGARETTE MARKET, BY DISTRIBUTION CHANNEL, 2015-2023 ($MILLION)
TABLE 73. LAMEA ELECTRONIC CIGARETTE MARKET, BY PRODUCT, 2015-2023 ($MILLION)
TABLE 74. LAMEA ELECTRONIC CIGARETTE MARKET, BY FLAVOR, 2015-2023 ($MILLION)
TABLE 75. LAMEA ELECTRONIC CIGARETTE MARKET, BY DISTRIBUTION CHANNEL, 2015-2023 ($MILLION)
TABLE 76. LAMEA ELECTRONIC CIGARETTE MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 77. COSTA RICA ELECTRONIC CIGARETTE MARKET, BY PRODUCT, 2015-2023 ($MILLION)
TABLE 78. COSTA RICA ELECTRONIC CIGARETTE MARKET, BY FLAVOR, 2015-2023 ($MILLION)
TABLE 79. COSTA RICA ELECTRONIC CIGARETTE MARKET, BY DISTRIBUTION CHANNEL, 2015-2023 ($MILLION)
TABLE 80. PARAGUAY ELECTRONIC CIGARETTE MARKET, BY PRODUCT, 2015-2023 ($MILLION)
TABLE 81. PARAGUAY ELECTRONIC CIGARETTE MARKET, BY FLAVOR, 2015-2023 ($MILLION)
TABLE 82. PARAGUAY ELECTRONIC CIGARETTE MARKET, BY DISTRIBUTION CHANNEL, 2015-2023 ($MILLION)
TABLE 83. ISRAEL ELECTRONIC CIGARETTE MARKET, BY PRODUCT, 2015-2023 ($MILLION)
TABLE 84. ISRAEL ELECTRONIC CIGARETTE MARKET, BY FLAVOR, 2015-2023 ($MILLION)
TABLE 85. ISRAEL ELECTRONIC CIGARETTE MARKET, BY DISTRIBUTION CHANNEL, 2015-2023 ($MILLION)
TABLE 86. SOUTH AFRICA ELECTRONIC CIGARETTE MARKET, BY PRODUCT, 2015-2023 ($MILLION)
TABLE 87. SOUTH AFRICA ELECTRONIC CIGARETTE MARKET, BY FLAVOR, 2015-2023 ($MILLION)
TABLE 88. SOUTH AFRICA ELECTRONIC CIGARETTE MARKET, BY DISTRIBUTION CHANNEL, 2015-2023 ($MILLION)
TABLE 89. REST OF LAMEA ELECTRONIC CIGARETTE MARKET, BY PRODUCT, 2015-2023 ($MILLION)
TABLE 90. REST OF LAMEA ELECTRONIC CIGARETTE MARKET, BY FLAVOR, 2015-2023 ($MILLION)
TABLE 91. REST OF LAMEA ELECTRONIC CIGARETTE MARKET, BY DISTRIBUTION CHANNEL, 2015-2023 ($MILLION)
TABLE 92. ALTRIA GROUP: COMPANY SNAPSHOT
TABLE 93. ALTRIA GROUP: OPERATING SEGMENTS
TABLE 94. BRITISH AMERICAN TOBACCO: COMPANY SNAPSHOT
TABLE 95. BRITISH AMERICAN TOBACCO: OPERATING SEGMENTS
TABLE 96. IMPERIAL BRANDS: COMPANY SNAPSHOT
TABLE 97. IMPERIAL BRANDS: OPERATING SEGMENTS
TABLE 98. INTERNATIONAL VAPOR GROUP: COMPANY SNAPSHOT
TABLE 99. INTERNATIONAL VAPOR GROUP: OPERATING SEGMENTS
TABLE 100. JAPAN TOBACCO: COMPANY SNAPSHOT
TABLE 101. JAPAN TOBACCO: OPERATING SEGMENTS
TABLE 102. NICOTEK LLC: COMPANY SNAPSHOT
TABLE 103. NICOTEK LLC: OPERATING SEGMENTS
TABLE 104. NJOY INC.: COMPANY SNAPSHOT
TABLE 105. NJOY INC.: OPERATING SEGMENTS
TABLE 106. PHILIP MORRIS INTERNATIONAL INC.: COMPANY SNAPSHOT
TABLE 107. PHILIP MORRIS INTERNATIONAL INC.: OPERATING SEGMENTS
TABLE 108. REYNOLDS AMERICAN INC.: COMPANY SNAPSHOT
TABLE 109. REYNOLDS AMERICAN INC.: OPERATING SEGMENTS
TABLE 110. VMR FLAVOURS LLC: COMPANY SNAPSHOT
TABLE 111. VMR FLAVOURS LLC: OPERATING SEGMENTS

List of Figures

FIGURE 1. TOP INVESTMENT POCKETS, BY PRODUCT, 2016
FIGURE 2. TOP WINNING STRATEGIES, 2014-2017 (%)
FIGURE 3. TOP WINNING STRATEGIES, BY KEY COMPANY (2014-2017
FIGURE 4. LOW BARGAINING POWER OF SUPPLIERS
FIGURE 5. LOW BARGAINING POWER OF BUYERS
FIGURE 6. HIGH THREAT OF NEW ENTRANTS
FIGURE 7. HIGH THREAT OF SUBSTITUTES
FIGURE 8. MODERATE INTENSITY OF COMPETITIVE RIVALRY
FIGURE 9. RELATIVE HARMS OF NICOTINE PRODUCTS
FIGURE 10. INDIA SMOKING PREVALENCE, MALES (% OF ADULTS)
FIGURE 11. CHINA SMOKING PREVALENCE, MALES (% OF ADULTS)
FIGURE 12. PATENT ANALYSIS, BY YEAR, 2015-2017*
FIGURE 13. PATENT ANALYSIS, BY COUNTRY, 2015-2017*(%)
FIGURE 14. PATENT ANALYSIS, BY COMPANY, 2015-2017* (%)
FIGURE 15. MARKET SHARE ANALYSIS, BY PRODUCT (%)
FIGURE 16. MARKET SHARE ANALYSIS, BY FLAVOR (%)
FIGURE 17. MARKET SHARE ANALYSIS, BY DISTRIBUTION CHANNEL (%)
FIGURE 18. MARKET SHARE ANALYSIS, BY REGION, 2016-2023
FIGURE 19. GLOBAL ELECTRONIC CIGARETTE MARKET SHARE, BY PRODUCT
FIGURE 20. GLOBAL ELECTRONIC CIGARETTE MARKET SHARE, BY FLAVOR
FIGURE 21. GLOBAL ELECTRONIC CIGARETTE MARKET SHARE, BY DISTRIBUTION CHANNEL
FIGURE 22. ELECTRONIC CIGARETTE MARKET SHARE, BY GEOGRAPHY
FIGURE 23. U.S. ELECTRONIC CIGARETTE MARKET, 2015-2023 ($MILLION)
FIGURE 24. CANADA ELECTRONIC CIGARETTE MARKET, 2015-2023 ($MILLION)
FIGURE 25. UK ELECTRONIC CIGARETTE MARKET, 2015-2023 ($MILLION)
FIGURE 26. GERMANY ELECTRONIC CIGARETTE MARKET, 2015-2023 ($MILLION)
FIGURE 27. FRANCE ELECTRONIC CIGARETTE MARKET, 2015-2023 ($MILLION)
FIGURE 28. ITALY ELECTRONIC CIGARETTE MARKET, 2015-2023 ($MILLION)
FIGURE 29. SPAIN ELECTRONIC CIGARETTE MARKET, 2015-2023 ($MILLION)
FIGURE 30. REST OF EUROPE ELECTRONIC CIGARETTE MARKET, 2015-2023 ($MILLION)
FIGURE 31. CHINA ELECTRONIC CIGARETTE MARKET, 2015-2023 ($MILLION)
FIGURE 32. MALAYSIA ELECTRONIC CIGARETTE MARKET, 2015-2023 ($MILLION)
FIGURE 33. SOUTH KOREA ELECTRONIC CIGARETTE MARKET, 2015-2023 ($MILLION)
FIGURE 34. INDIA ELECTRONIC CIGARETTE MARKET, 2015-2023 ($MILLION)
FIGURE 35. AUSTRALIA ELECTRONIC CIGARETTE MARKET, 2015-2023 ($MILLION)
FIGURE 36. REST OF ASIA-PACIFIC ELECTRONIC CIGARETTE MARKET, 2015-2023 ($MILLION)
FIGURE 37. COSTA RICA ELECTRONIC CIGARETTE MARKET, 2015-2023 ($MILLION)
FIGURE 38. PARAGUAY ELECTRONIC CIGARETTE MARKET, 2015-2023 ($MILLION)
FIGURE 39. ISRAEL ELECTRONIC CIGARETTE MARKET, 2015-2023 ($MILLION)
FIGURE 40. SOUTH AFRICA ELECTRONIC CIGARETTE MARKET, 2015-2023 ($MILLION)
FIGURE 41. REST OF LAMEA ELECTRONIC CIGARETTE MARKET, 2015-2023 ($MILLION)

 

Electronic cigarette is a battery-operated device containing nicotine or nicotine free liquid that is vaporized and inhaled and is used to simulate the experience of smoking tobacco. It has been marketed to smokers to help them quit tobacco smoking. As electronic cigarettes don't burn tobacco, consumers don't inhale the same amounts of tar and carbon monoxide as they would with a regular cigarette.

High affluence and awareness about the electronic cigarette in North America, and Europe has led to its penetration in these regions. Moreover, electronic cigarette is perceived as smoking cessation product, which further fuels the market growth in North America and Europe. Moreover, with relaxed regulatory administration and deep-seated smoking habit rooted in majority of its population, Asia-Pacific has massive potential to turn into the hub for electronic cigarettes and related products.
Thus, untapped market in Asia-Pacific and large smoking population seeking for tobacco alternatives are the factors expected to open new avenues for the manufacturers of electronic cigarette.

Increase in awareness about harmful effects of tobacco cigarettes, improvements in lifestyle, and growth in technological developments by electronic cigarette manufacturers are the various factors, which boost the growth of the market.

 

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