Electronic Cigarette Market
Electronic Cigarette Market - Global Industry Assessment & Forecast
Segments Covered
- 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, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 19.79 Billion |
Revenue 2030: | USD 66.72 Billion |
Revenue CAGR (2023 - 2030): | 16.40% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | North America |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Research Methodology: Electronic Cigarette Market by Product Type by Flavor by Distribution Channel by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
Data Triangulation and Market Size Estimations
FAQ
Frequently Asked Question
What is the global demand for Electronic Cigarette in terms of revenue?
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The global Electronic Cigarette valued at USD 19.79 Billion in 2022 and is expected to reach USD 66.72 Billion in 2030 growing at a CAGR of 16.40%.
Which are the prominent players in the market?
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The prominent players in the market are Altria Group, British American Tobacco, Imperial Brands, International Vapor Group, Japan Tobacco, Nicotek LLC, Njoy Inc., Philip Morris International Inc., Reynolds American Inc., VMR Flavors LLC.
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 16.40% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Electronic Cigarette include
- Technological advances in e-cigarette technology
Which region accounted for the largest share in the market?
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North America was the leading regional segment of the Electronic Cigarette in 2022.