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Global E-cigarette Market Size, Manufacturers, Opportunities and Forecast to 2030

April 2024 | 119 pages | ID: G2573FF7EFC6EN
APO Research

US$ 3,450.00

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An electronic cigarette or e-cigarette is a handheld electronic device which vaporizes a flavored liquid. The user inhales the vapor. Using e-cigarettes is sometimes called vaping. The liquid in the e-cigarette, called e-liquid, is usually made of nicotine, propylene glycol, glycerine, and flavorings. Not all e-liquids contain nicotine.

According to APO Research, The global E-cigarette market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

Imperial Tobacco, Reynolds American, Japan Tobacco, Altria and Buddy Group are the leading producers of e-cigarettes. Imperial Tobacco is the world's largest, accounting for about 10% of the total market. The top five accounted for about 30%.

North America is the leading market, accounting for about 35% of the total, followed by Europe at about 25%.

Report Scope

This report aims to provide a comprehensive presentation of the global market for E-cigarette, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding E-cigarette.

The E-cigarette market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global E-cigarette market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:
  • Imperial Tobacco
  • Reynolds American
  • Japan Tobacco
  • Altria
  • VMR Product
  • Njoy
  • 21st Century
  • Vaporcorp
  • Truvape
  • FirstUnion
  • Hangsen
  • Buddy Group
  • Kimree
  • Innokin
  • SHENZHEN SMOORE
  • SMOK
E-cigarette segment by Type
  • With Screen
  • Without Screen
E-cigarette segment by Application
  • Online
  • Offline
E-cigarette Segment by Region
  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • China Taiwan
  • Indonesia
  • Thailand
  • Malaysia
  • Latin America
  • Mexico
  • Brazil
  • Argentina
  • Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global E-cigarette market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of E-cigarette and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market

5. This report helps stakeholders to gain insights into which regions to target globally

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of E-cigarette.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of E-cigarette manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Sales, revenue of E-cigarette in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.

Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.

Chapter 13: Concluding Insights of the report.
1 MARKET OVERVIEW

1.1 Product Definition
1.2 Global Market Growth Prospects
  1.2.1 Global E-cigarette Market Size Estimates and Forecasts (2019-2030)
  1.2.2 Global E-cigarette Sales Estimates and Forecasts (2019-2030)
1.3 E-cigarette Market by Type
  1.3.1 With Screen
  1.3.2 Without Screen
1.4 Global E-cigarette Market Size by Type
  1.4.1 Global E-cigarette Market Size Overview by Type (2019-2030)
  1.4.2 Global E-cigarette Historic Market Size Review by Type (2019-2024)
  1.4.3 Global E-cigarette Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
  1.5.1 North America E-cigarette Sales Breakdown by Type (2019-2024)
  1.5.2 Europe E-cigarette Sales Breakdown by Type (2019-2024)
  1.5.3 Asia-Pacific E-cigarette Sales Breakdown by Type (2019-2024)
  1.5.4 Latin America E-cigarette Sales Breakdown by Type (2019-2024)
  1.5.5 Middle East and Africa E-cigarette Sales Breakdown by Type (2019-2024)

2 GLOBAL MARKET DYNAMICS

2.1 E-cigarette Industry Trends
2.2 E-cigarette Industry Drivers
2.3 E-cigarette Industry Opportunities and Challenges
2.4 E-cigarette Industry Restraints

3 MARKET COMPETITIVE LANDSCAPE BY COMPANY

3.1 Global Top Players by E-cigarette Revenue (2019-2024)
3.2 Global Top Players by E-cigarette Sales (2019-2024)
3.3 Global Top Players by E-cigarette Price (2019-2024)
3.4 Global E-cigarette Industry Company Ranking, 2022 VS 2023 VS 2024
3.5 Global E-cigarette Key Company Manufacturing Sites & Headquarters
3.6 Global E-cigarette Company, Product Type & Application
3.7 Global E-cigarette Company Commercialization Time
3.8 Market Competitive Analysis
  3.8.1 Global E-cigarette Market CR5 and HHI
  3.8.2 Global Top 5 and 10 E-cigarette Players Market Share by Revenue in 2023
  3.8.3 2023 E-cigarette Tier 1, Tier 2, and Tier

4 E-CIGARETTE REGIONAL STATUS AND OUTLOOK

4.1 Global E-cigarette Market Size and CAGR by Region: 2019 VS 2023 VS 2030
4.2 Global E-cigarette Historic Market Size by Region
  4.2.1 Global E-cigarette Sales in Volume by Region (2019-2024)
  4.2.2 Global E-cigarette Sales in Value by Region (2019-2024)
  4.2.3 Global E-cigarette Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global E-cigarette Forecasted Market Size by Region
  4.3.1 Global E-cigarette Sales in Volume by Region (2025-2030)
  4.3.2 Global E-cigarette Sales in Value by Region (2025-2030)
  4.3.3 Global E-cigarette Sales (Volume & Value), Price and Gross Margin (2025-2030)

5 E-CIGARETTE BY APPLICATION

5.1 E-cigarette Market by Application
  5.1.1 Online
  5.1.2 Offline
5.2 Global E-cigarette Market Size by Application
  5.2.1 Global E-cigarette Market Size Overview by Application (2019-2030)
  5.2.2 Global E-cigarette Historic Market Size Review by Application (2019-2024)
  5.2.3 Global E-cigarette Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
  5.3.1 North America E-cigarette Sales Breakdown by Application (2019-2024)
  5.3.2 Europe E-cigarette Sales Breakdown by Application (2019-2024)
  5.3.3 Asia-Pacific E-cigarette Sales Breakdown by Application (2019-2024)
  5.3.4 Latin America E-cigarette Sales Breakdown by Application (2019-2024)
  5.3.5 Middle East and Africa E-cigarette Sales Breakdown by Application (2019-2024)

6 COMPANY PROFILES

6.1 Imperial Tobacco
  6.1.1 Imperial Tobacco Comapny Information
  6.1.2 Imperial Tobacco Business Overview
  6.1.3 Imperial Tobacco E-cigarette Sales, Revenue and Gross Margin (2019-2024)
  6.1.4 Imperial Tobacco E-cigarette Product Portfolio
  6.1.5 Imperial Tobacco Recent Developments
6.2 Reynolds American
  6.2.1 Reynolds American Comapny Information
  6.2.2 Reynolds American Business Overview
  6.2.3 Reynolds American E-cigarette Sales, Revenue and Gross Margin (2019-2024)
  6.2.4 Reynolds American E-cigarette Product Portfolio
  6.2.5 Reynolds American Recent Developments
6.3 Japan Tobacco
  6.3.1 Japan Tobacco Comapny Information
  6.3.2 Japan Tobacco Business Overview
  6.3.3 Japan Tobacco E-cigarette Sales, Revenue and Gross Margin (2019-2024)
  6.3.4 Japan Tobacco E-cigarette Product Portfolio
  6.3.5 Japan Tobacco Recent Developments
6.4 Altria
  6.4.1 Altria Comapny Information
  6.4.2 Altria Business Overview
  6.4.3 Altria E-cigarette Sales, Revenue and Gross Margin (2019-2024)
  6.4.4 Altria E-cigarette Product Portfolio
  6.4.5 Altria Recent Developments
6.5 VMR Product
  6.5.1 VMR Product Comapny Information
  6.5.2 VMR Product Business Overview
  6.5.3 VMR Product E-cigarette Sales, Revenue and Gross Margin (2019-2024)
  6.5.4 VMR Product E-cigarette Product Portfolio
  6.5.5 VMR Product Recent Developments
6.6 Njoy
  6.6.1 Njoy Comapny Information
  6.6.2 Njoy Business Overview
  6.6.3 Njoy E-cigarette Sales, Revenue and Gross Margin (2019-2024)
  6.6.4 Njoy E-cigarette Product Portfolio
  6.6.5 Njoy Recent Developments
6.7 21st Century
  6.7.1 21st Century Comapny Information
  6.7.2 21st Century Business Overview
  6.7.3 21st Century E-cigarette Sales, Revenue and Gross Margin (2019-2024)
  6.7.4 21st Century E-cigarette Product Portfolio
  6.7.5 21st Century Recent Developments
6.8 Vaporcorp
  6.8.1 Vaporcorp Comapny Information
  6.8.2 Vaporcorp Business Overview
  6.8.3 Vaporcorp E-cigarette Sales, Revenue and Gross Margin (2019-2024)
  6.8.4 Vaporcorp E-cigarette Product Portfolio
  6.8.5 Vaporcorp Recent Developments
6.9 Truvape
  6.9.1 Truvape Comapny Information
  6.9.2 Truvape Business Overview
  6.9.3 Truvape E-cigarette Sales, Revenue and Gross Margin (2019-2024)
  6.9.4 Truvape E-cigarette Product Portfolio
  6.9.5 Truvape Recent Developments
6.10 FirstUnion
  6.10.1 FirstUnion Comapny Information
  6.10.2 FirstUnion Business Overview
  6.10.3 FirstUnion E-cigarette Sales, Revenue and Gross Margin (2019-2024)
  6.10.4 FirstUnion E-cigarette Product Portfolio
  6.10.5 FirstUnion Recent Developments
6.11 Hangsen
  6.11.1 Hangsen Comapny Information
  6.11.2 Hangsen Business Overview
  6.11.3 Hangsen E-cigarette Sales, Revenue and Gross Margin (2019-2024)
  6.11.4 Hangsen E-cigarette Product Portfolio
  6.11.5 Hangsen Recent Developments
6.12 Buddy Group
  6.12.1 Buddy Group Comapny Information
  6.12.2 Buddy Group Business Overview
  6.12.3 Buddy Group E-cigarette Sales, Revenue and Gross Margin (2019-2024)
  6.12.4 Buddy Group E-cigarette Product Portfolio
  6.12.5 Buddy Group Recent Developments
6.13 Kimree
  6.13.1 Kimree Comapny Information
  6.13.2 Kimree Business Overview
  6.13.3 Kimree E-cigarette Sales, Revenue and Gross Margin (2019-2024)
  6.13.4 Kimree E-cigarette Product Portfolio
  6.13.5 Kimree Recent Developments
6.14 Innokin
  6.14.1 Innokin Comapny Information
  6.14.2 Innokin Business Overview
  6.14.3 Innokin E-cigarette Sales, Revenue and Gross Margin (2019-2024)
  6.14.4 Innokin E-cigarette Product Portfolio
  6.14.5 Innokin Recent Developments
6.15 SHENZHEN SMOORE
  6.15.1 SHENZHEN SMOORE Comapny Information
  6.15.2 SHENZHEN SMOORE Business Overview
  6.15.3 SHENZHEN SMOORE E-cigarette Sales, Revenue and Gross Margin (2019-2024)
  6.15.4 SHENZHEN SMOORE E-cigarette Product Portfolio
  6.15.5 SHENZHEN SMOORE Recent Developments
6.16 SMOK
  6.16.1 SMOK Comapny Information
  6.16.2 SMOK Business Overview
  6.16.3 SMOK E-cigarette Sales, Revenue and Gross Margin (2019-2024)
  6.16.4 SMOK E-cigarette Product Portfolio
  6.16.5 SMOK Recent Developments

7 NORTH AMERICA BY COUNTRY

7.1 North America E-cigarette Sales by Country
  7.1.1 North America E-cigarette Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  7.1.2 North America E-cigarette Sales by Country (2019-2024)
  7.1.3 North America E-cigarette Sales Forecast by Country (2025-2030)
7.2 North America E-cigarette Market Size by Country
  7.2.1 North America E-cigarette Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  7.2.2 North America E-cigarette Market Size by Country (2019-2024)
  7.2.3 North America E-cigarette Market Size Forecast by Country (2025-2030)

8 EUROPE BY COUNTRY

8.1 Europe E-cigarette Sales by Country
  8.1.1 Europe E-cigarette Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  8.1.2 Europe E-cigarette Sales by Country (2019-2024)
  8.1.3 Europe E-cigarette Sales Forecast by Country (2025-2030)
8.2 Europe E-cigarette Market Size by Country
  8.2.1 Europe E-cigarette Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  8.2.2 Europe E-cigarette Market Size by Country (2019-2024)
  8.2.3 Europe E-cigarette Market Size Forecast by Country (2025-2030)

9 ASIA-PACIFIC BY COUNTRY

9.1 Asia-Pacific E-cigarette Sales by Country
  9.1.1 Asia-Pacific E-cigarette Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  9.1.2 Asia-Pacific E-cigarette Sales by Country (2019-2024)
  9.1.3 Asia-Pacific E-cigarette Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific E-cigarette Market Size by Country
  9.2.1 Asia-Pacific E-cigarette Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  9.2.2 Asia-Pacific E-cigarette Market Size by Country (2019-2024)
  9.2.3 Asia-Pacific E-cigarette Market Size Forecast by Country (2025-2030)

10 LATIN AMERICA BY COUNTRY

10.1 Latin America E-cigarette Sales by Country
  10.1.1 Latin America E-cigarette Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  10.1.2 Latin America E-cigarette Sales by Country (2019-2024)
  10.1.3 Latin America E-cigarette Sales Forecast by Country (2025-2030)
10.2 Latin America E-cigarette Market Size by Country
  10.2.1 Latin America E-cigarette Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  10.2.2 Latin America E-cigarette Market Size by Country (2019-2024)
  10.2.3 Latin America E-cigarette Market Size Forecast by Country (2025-2030)

11 MIDDLE EAST AND AFRICA BY COUNTRY

11.1 Middle East and Africa E-cigarette Sales by Country
  11.1.1 Middle East and Africa E-cigarette Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  11.1.2 Middle East and Africa E-cigarette Sales by Country (2019-2024)
  11.1.3 Middle East and Africa E-cigarette Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa E-cigarette Market Size by Country
  11.2.1 Middle East and Africa E-cigarette Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  11.2.2 Middle East and Africa E-cigarette Market Size by Country (2019-2024)
  11.2.3 Middle East and Africa E-cigarette Market Size Forecast by Country (2025-2030)

12 VALUE CHAIN AND SALES CHANNELS ANALYSIS

12.1 E-cigarette Value Chain Analysis
  12.1.1 E-cigarette Key Raw Materials
  12.1.2 Key Raw Materials Price
  12.1.3 Raw Materials Key Suppliers
  12.1.4 Manufacturing Cost Structure
  12.1.5 E-cigarette Production Mode & Process
12.2 E-cigarette Sales Channels Analysis
  12.2.1 Direct Comparison with Distribution Share
  12.2.2 E-cigarette Distributors
  12.2.3 E-cigarette Customers

13 CONCLUDING INSIGHTS

14 APPENDIX

14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
  14.5.1 Secondary Sources
  14.5.2 Primary Sources
14.6 Disclaimer


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