Global E-Cigarette Market to Exceed USD 27.67 Bn by 2022, Predicts P&S Market Research in Its Topical Report Now Available at MarketPublishers.com
11 Jul 2017 • by Natalie Aster
LONDON – Nowadays, the global e-cigarette market is gaining traction at a high rate. Rising health concerns are amid the major factors encouraging the tobacco giants to invest into e-cigarettes production, as e-cigarettes are considered to be not so harmful in comparison to common tobacco cigarettes.
By 2022, the world’s e-cigarette market is poised to go beyond USD 27.67 billion, registering an exponential CAGR of 16.6%. The market growth is predicted to be propelled by a number of favourable factors, including escalating health concerns, ongoing innovations in electronic device technologies, surging number of vape stores, rising social acceptability, amid others. The rising adoption of rechargeable e-cigarettes along with boosting demand for this product is presenting new lucrative opportunities for further market growth in the years to come. Moreover, the introduction of new flavors used in e-cigarettes is attracting a great number of new e-cigarette users, thereby giving impetus to the market growth.
The topical research report elaborated by P&S Market Research, “Global E-Cigarette Market Size, Share, Development, Growth and Demand Forecast to 2022”, provides a comprehensive analysis of the global e-cigarette market performance. It also includes a detailed market segmentation overview based on products, distribution channels and geography. This insightful report is a great source of updated data on the market dynamics and the major market growth influencing factors. Additionally, the report studies the current and emerging market trends, points out future possible development trends, traces light on the competitive scenario in the global e-cigarette market. Besides, value chain analysis and Porter’s five forces analysis are also available in the report. Granular profiles of the leading market participants are also at hand. Moreover, a reader can find an all-around future outlook for the e-cigarette market through 2022 in this topical publication.
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