Global $27.67 Billion E-Cigarette Market, 2022: Major Tobacco Companies are Entering into Agreements with Providers of Technology & Innovation in e-Cigarettes

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| Source: Research and Markets

Dublin, March 28, 2017 (GLOBE NEWSWIRE) -- Research and Markets has announced the addition of the "Global E-Cigarette Market Size, Share, Development, Growth and Demand Forecast to 2022" report to their offering.

The global e-cigarette (electronic cigarette) market is expected to witness a CAGR of 16.6% during the forecast period, to reach $27,670 million by 2022.

The global E-cigarette market has gained significant attraction among tobacco smokers in recent years, owing to lesser health concerns related to it. E-cigarettes, also known as electronic cigarettes or vaporizers, are either electronic nicotine delivery systems (ENDS) or electronic non-nicotine delivery systems (ENNDS). The battery-operated device emits doses of vaporized nicotine when inhaled by the user. E-cigarettes create an aerosol, which is commonly termed as vapor that generally contains e-liquid. Usually, e-liquid is made up of nicotine, glycerin, glycol, propylene and some flavors, while some e-liquid only contains flavors known as non-nicotine liquid.

Growing health awareness, advancement in electronic device technology, smoke & ash less vaping are some of the factors driving the growth of the global e-cigarette market. In addition, change in lifestyle, e-commerce and various mergers & acquisitions between e-cigarette providers are some trends observed in the global e-cigarette market. Based on product, the rechargeable e-cigarettes held the largest market globally during 2012 - 2015. The rechargeable e-cigarette with its growing demand and popularity is further expected to create opportunity for the market growth.

An alternative to traditional tobacco smoking, e-cigarette eliminates burning of tobacco and creation of smoke. When the user puffs an e-cigarette, the sensor gets activated which heats the element that vaporizes e-liquid, and provides a sensation similar to smoking tobacco. The composition of e-cigarettes that includes content of e-liquid, battery, heating sensors, atomizers and vapor technology, varies from manufacturer to manufacturer.

The global e-cigarette market is gaining interest of several people due to increase in population addicted to smoking and related tobacco products. Increasing health concerns are encouraging tobacco companies to invest heavily in production of alternatives to traditional tobacco smoking. E-cigarettes are less harmful than tobacco cigarettes, but there is uncertainty regarding its long-term effects on human health.

Key Topics Covered:

1. Research Scope & Methodology
1.1 Market Definition
1.2 Objectives Of The Study
1.3 Research Scope
1.4 Research Methodology And Sources

2. Executive Summary
2.1 Key Findings
2.2 Research Summary

3. Market Outlook
3.1 Introduction
3.2 Value Chain
3.3 Trends In The E-Cigarette Market
3.3.1 Change In Lifestyle And Preferences
3.3.2 Introduction Of Various Flavors & Fragrances
3.3.3 Growing Partnerships
3.3.4 Sales Through E-Commerce
3.3.5 Increasing Research And Development In Technology
3.3.6 Merger And Acquisition
3.4 Opportunities In The Market
3.4.1 Consumer's Shift Toward Tobacco Alternatives
3.4.2 Untapped Market In Emerging Economies
3.4.3 Investment And Franchising
3.5 Factors Driving The Growth Of Market And Its Impact On Market Forecast
3.5.1 Growing Health Awareness
3.5.2 Smoke And Ash Less Vaping
3.5.3 Increasing Number Of Vape Shops And Designated Stores
3.5.4 Product Innovation And Advancement In Device Technology
3.5.5 Socially Acceptable And Environment Friendly
3.5.6 Impact Analysis Of Drivers On Market Forecast
3.6 Factors Hindering The Growth Of Market And Its Impact On Market Forecast
3.6.1 Implementation Of Strict Legal Framework
3.6.2 Risk Of E-Cigarette Use And Reported Incidents
3.6.3 Increased Lobbying By Pharmaceutical Giants
3.6.4 Impact Analysis Of Restraints On Market Forecast

4. Global E-Cigarette Market Size And Forecast (2012 - 2022)
4.1 Global E-Cigarette Market, By Product
4.1.1 Rechargeable E-Cigarettes
4.1.2 Disposable E-Cigarettes
4.1.3 Ego E-Cigarettes
4.1.4 Personal Vaporizer
4.1.5 Ecigar
4.2 Global E-Cigarette Market, By Distribution Channel
4.2.1 Specialty Stores
4.2.2 Supermarkets
4.2.3 Online
4.2.4 Tobacconist
4.3 Global E-Cigarette Market, By Region

5. Global E-Cigarette Market, By Geography

6. Competitive Positioning Analysis
6.1 Porter's Five Forces Of Competitive Position Analysis
6.2 Competitive Positioning Of Global E-Cigarette Market, By Product
6.3 Market Share Analysis

7. Company Profiles
7.1 Key Company Profiles
7.1.1 Altria Group, Inc.
7.1.2 British American Tobacco Plc
7.1.3 Japan Tobacco Inc
7.1.4 Imperial Brands Plc
7.1.5 Philip Morris International Inc.
7.1.6 Reynolds American Inc.
7.1.7 Vmr Products Llc
7.1.8 Nicotek Llc
7.1.9 Njoy Inc
7.1.10 International Vapor Group
7.2 Strategic Developments In The E-Cigarette Market

8. Appendix

For more information about this report visit http://www.researchandmarkets.com/research/5bspdp/global


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Related Topics: E-Cigarettes