E-cigarette [E Cigarettes] 2020 Global Market Analysis, Company Profiles and Industrial Overview Research Report Forecasting to 2025

E-cigarette [E Cigarettes] Market

Summary:

E-cigarette [E Cigarettes] 2020 Global Market Analysis, Company Profiles and Industrial Overview Research Report Forecasting to 2025 has been featured on WiseGuyReports.

Introduction

Global E-cigarette [E Cigarettes] Market

E-cigarette [E Cigarettes] market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability.

The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.

On the basis of distribution channel, e-cigarette market has been categorized into tobacconist, hypermarket/supermarket, vape shops, online, and others. Among these, tobacconist category has led the distribution channel, closely followed by vape shops. However, market for online channels is expected to witness the highest CAGR during the forecast period, owing to the increasing adoption of e-commerce; where manufacturers are either selling their product through online partner channels like Amazon, Alibaba, Craigslist or through their own online portals.

On the basis of region, Europe has been observed as the largest e-cigarette market, globally. Majority of the revenues can be attributed to the U.K., France, and Russian markets. The level of e-cigarette usage is increasing across the region, where according to European Union (EU), one in seven traditional cigarette smokers classify themselves as current e-cigarette smokers.

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Key Players of Global E-cigarette [E Cigarettes] Market =>

Imperial Tobacco
Reynolds American
Altria
VMR Product
Njoy
21st Century
Vaporcorp
Truvape
FirstUnion
Japan Tobacco
Hangsen
Buddy Group
Kimree
Innokin
SHENZHEN SMOORE
SMOK

Growing awareness toward harmful effects of smoking traditional cigarettes is increasing across the world. This has resulted in the development of alternatives that help consumers to quit traditional cigarettes. Cancer caused due to smoking is one of the major concerns affecting the populace. E-cigarettes mitigate the risk of cancer and prevent the intake of more than 4,000 chemicals that are present in tobacco smoke. Due to various benefits offered by e-cigarettes over traditional cigarettes, there is increasing demand of e-cigarettes around the world. For instance, e-cigarettes do not contain tobacco and many other toxins and carcinogens that lead to cancer and lung diseases. Additionally, e-cigarettes emit less toxic material and are less risky to smokers having asthma problems.

Tobacco manufacturers are increasingly focusing on new technology developments to have an edge over their competitors. This has persuaded e-cigarette vendors to invest more in R&D activities to develop and innovate new flavors, compact vape designs, efficient battery packs, among others, to remain competitive in the e-cigarette market. Major tobacco companies are entering into agreements with the technology providers, innovators, and flavor specialists in the e-cigarette market. With such agreements, companies aim to evolve their products with changes in technology and consumer behavior.

In order to increase the presence of their products globally, vendors are expanding their sales channels to identify prospective customers for their products, in the e-cigarette market. The e-cigarette companies are increasingly marketing through online channels and are promoting their products through social media. Moreover, the e-cigarette vendors are increasingly using online channels to attract a greater number of customers by offering promotions and discounts on new purchases.

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Major Key Points of Global E-cigarette [E Cigarettes] Market

Chapter 1 About the E-cigarette [E Cigarettes] Industry

1.1 Industry Definition and Types

1.1.1 With Screen

1.1.2 Without Screen

1.2 Main Market Activities

1.3 Similar Industries

1.4 Industry at a Glance

Chapter 2 World Market Competition Landscape

2.1 E-cigarette [E Cigarettes] Markets by Regions

2.1.1 USA