n electronic cigarette (e-cigarette) or electronic nicotine delivery system (ENDS) is a battery operated device which simulates the experience of tobacco smoking without the inhalation of smoke. This device which is being reckoned as an alternative of conventional cigarettes emits vaporized nicotine which is inhaled by the user. The global e-cigarette product market value is estimated to grow over $39.6 billion by 2024, at a CAGR of 27.3% from 2014 to 2024.
Electronic Cigarette & E Vapor market study includes segmentation of electronic cigarette industry based upon types, composition, components, and geography. The market potential of electronic cigarette based on these segments has been analyzed.
ased on types, electronic cigarettes are classified into disposables, rechargeable, personal vaporizers, E-Gos, E-Cigars, and other products such as e-cigars and e-pipes. Among these types, the rechargeable electronic cigarette have proved to be the most popular though personal vaporizers are gaining currency in the market with the passage of time. The study exhaustively covers the various stages of the value chain, from manufacturers of electronic cigarette devices and accessories in the Shenzhen district of China to retailers and distributors in the U.S. and European markets.
Additionally, the growth trend in the market has been studied across different geographical regions segmented into North America, Europe, APAC, and Others. A detailed PESTLE (Political, Economic, Social, Technological, Legal, Environmental factors) analysis of the leading markets of the world has been undertaken to give a picture of the factors which effect the industry.
The report presents a detailed market analysis of electronic cigarette industry by incorporating complete pricing and cost analysis of electronic cigarettes, e-liquids, and other accessories. Along with that, Porter’s and PESTLE analyses of the market have also been done.
The report covers the market dynamics – namely the drivers, challenges, and opportunities in the electronic cigarette market, listing and analyzing several factors that positively and negatively affect it.
Lastly, the report deals with the detailed competitive landscape of the electronic cigarette market along with the company profiles of all key players across the industry