Global E-Cigarette Market (Vape & HNB): Insights & Forecast with Potential Impact of COVID-19 (2020-2024)

September 2020 | 99 pages | ID: G428C020316DEN
Koncept Analytics

Abstracts

The global e-cigarette market is forecasted to reach US$76.82 billion in 2024, growing at a CAGR of 18.51% for the period spanning 2020-2024. The factors such as increasing working population, rising market share of e-cigarettes, decreasing cigarette consumption, shift towards next generation products, mounting-up prices of tobacco cigarettes and peer influence on youngsters are expected to drive the market. However, growth of the industry would be challenged by nicotine exposure in e-cigarette and stringent regulations. Few notable trends include emergence of flavored e-cigarettes, technological advancements, increasing switch towards e-cigarettes, robust growth of vapor devices and high demand for rechargeable vape products in developed nations. In 2020, the outbreak of COVID-19 pandemic has created an unfavorable impact on the market as the healthcare concerns among the population has surged rapidly.

The global e-cigarette market is broadly classified into vape (works by vaporising the liquid into nicotine-containing aerosol for users to inhale) and HNB (heats tobacco for users to inhale) devices. High demand for rechargeable, atomizer and disposable based open, worldwide, has helped vape devices to remain at leading position in 2019.

The fastest growing regional market is the U.S. owing to decrease in smoking population, growth in product launch and rise in vape shops.

Scope of the report:

• The report provides a comprehensive analysis of the global e-cigarette market, segmented into Vape and HNB.
• The major markets (the U.S., Europe, China and Japan) have been analysed.
• The market dynamics such as growth drivers, market trends and challenges are analysed in-depth.
• The competitive landscape of the market, along with the company profiles of leading players (Imperial Brands Plc, British American Tobacco Plc, Japan Tobacco Inc., Altria Group, Inc., Philip Morris International Inc. and Turning Point Brands, Inc.) are also presented in detail.

Key Target Audience:

• E-Cigarette Manufacturers
• Raw Material/Component Suppliers
• End Users
• Consulting Firms
• Investment Banks
• Government Bodies & Regulating Authorities

Contents

1. MARKET OVERVIEW

1.1 Introduction
1.2 Classification
1.3 Anatomy & Mechanism
1.4 Risks
1.5 Benefits

2. IMPACT OF COVID-19

2.1 Introduction
2.2 Key Players Initiatives
2.3 Regional Markets

3. GLOBAL E-CIGARETTE MARKET ANALYSIS

3.1 Global E-Cigarette Market Value
3.2 Global E-Cigarette Market Value Forecast
3.3 Global E-Cigarette Market Value by Segments
  3.3.1 Global Vape Market Value
  3.3.2 Global Vape Market Value Forecast
  3.3.3 Global Vape Market Value by Segments
  3.3.4 Global Closed Vape Systems Market Value
  3.3.5 Global Closed Vape Systems Market Value Forecast
  3.3.6 Global Open Vape Systems Market Value
  3.3.7 Global Open Vape Systems Value Forecast
  3.3.8 Global HNB Market Value Forecast
3.4 Global E-Cigarette Market Penetration by Country
3.5 Global E-Cigarette Market by Region

4. REGIONAL E-CIGARETTE MARKET ANALYSIS

4.1 The U.S.
  4.1.1 The U.S. E-Cigarette Market Value
  4.1.2 The U.S. E-Cigarette Market Value Forecast
4.2 Europe
  4.2.1 Europe E-Cigarette Market Value
  4.2.2 Europe E-Cigarette Market Value Forecast
4.3 China
  4.3.1 China E-Cigarette Market Value
  4.3.2 China E-Cigarette Market Value Forecast
4.4 Japan
  4.4.1 Japan E-Cigarette Market Value
  4.4.2 Japan E-Cigarette Market Value Forecast

5. MARKET DYNAMICS

5.1 Growth Drivers
  5.1.1 Increasing Working Population
  5.1.2 Rising Market Share of E-Cigarettes
  5.1.3 Decreasing Cigarette Consumption
  5.1.4 Shift towards Next Generation Products
  5.1.5 Mounting-Up Prices of Tobacco Cigarettes
  5.1.6 Peer Influence on Youngsters
5.2 Key Trends and Developments
  5.2.1 Emergence of Flavored E-Cigarettes
  5.2.2 Technological Advancements
  5.2.3 Increasing Switch towards E-Cigarettes
  5.2.4 Robust Growth of Vapor Devices
  5.2.5 High Demand for Rechargeable Vape Products in Developed Nations
5.3 Challenges
  5.3.1 Nicotine Exposure in E-Cigarette
  5.3.2 Stringent Regulations

6. COMPETITIVE LANDSCAPE

6.1 Global E-Cigarette Market
  6.1.1 Key Players – Revenues Comparison
  6.1.2 Key Players – Market Cap Comparison
  6.1.3 Key Players – Vape Market Share by Brands
  6.1.4 Key Players – HNB Market Share by Brands
6.2 The U.S. E-Cigarette Market
  6.2.1 Key Players – Market Revenue Share by Brands
  6.2.2 Key Players – Market Volume Share by Brands
6.3 China E-Cigarette Market
  6.3.1 Key Players – Vape Market Share
  6.3.2 Key Players – HNB Market Share

7. COMPANY PROFILES

7.1 Imperial Brands Plc
  7.1.1 Business Overview
  7.1.2 Financial Overview
  7.1.3 Business Strategies
7.2 British American Tobacco Plc
  7.2.1 Business Overview
  7.2.2 Financial Overview
  7.2.3 Business Strategies
7.3 Japan Tobacco Inc.
  7.3.1 Business Overview
  7.3.2 Financial Overview
  7.3.3 Business Strategies
7.4 Altria Group, Inc.
  7.4.1 Business Overview
  7.4.2 Financial Overview
  7.4.3 Business Strategies
7.5 Philip Morris International Inc.
  7.5.1 Business Overview
  7.5.2 Financial Overview
  7.5.3 Business Strategies
7.6 Turning Point Brands, Inc.
  7.6.1 Business Overview
  7.6.2 Financial Overview
  7.6.3 Business Strategies

List Of Figures

LIST OF FIGURES

Classification of Vape E-Cigarettes
Anatomy of E-Cigarette
Global E-Cigarette Market Value (2015-2019)
Global E-Cigarette Market Value Forecast (2020-2024)
Global E-Cigarette Market Value by Segments (2019)
Global Vape Market Value (2015-2019)
Global Vape Market Value Forecast (2020-2024)
Global Vape Market Value by Segments (2019)
Global Closed Vape Systems Market Value (2015-2019)
Global Closed Vape Systems Market Value Forecast (2020-2024)
Global Open Vape Systems Market Value (2015-2019)
Global Open Vape Systems Value Forecast (2020-2024)
Global HNB Market Value Forecast (2019-2024)
Global E-Cigarette Market Penetration by Country (2019)
Global E-Cigarette Market by Region (2019)
The U.S. E-Cigarette Market Value (2015-2019)
The U.S. E-Cigarette Market Value Forecast (2020-2024)
Europe E-Cigarette Market Value (2015-2019)
Europe E-Cigarette Market Value Forecast (2020-2024)
China E-Cigarette Market Value (2015-2019)
China E-Cigarette Market Value Forecast (2020-2024)
Japan E-Cigarette Market Value (2015-2019)
Japan E-Cigarette Market Value Forecast (2020-2024)
Global Working Population (2015-2019)
Market Share Trend by Major Countries (2016/2021)
Smoking Prevalence in the U.S. (2015-2019)
Global E-Cigarette Users by Region (2015-2019)
Global Tobacco Products CAGR (2015-2019/2020-2024)
The U.S. Rechargeable Vape Market Value Forecast (2019-2024)
Key Players – Market Cap Comparison
Key Players – Vape Market Share by Brands (2019)
Key Players – HNB Market Share by Brands (2019)
Key Players – US E-Cigarette Market Revenue Share by Brands (2019)
Key Players – US E-Cigarette Market Volume Share by Brands (2019)
Key Players – China Vape Market Share (2019)
Key Players – China HNB Market Share (2019)
Imperial Brands Revenues and Profit (2015-2019)
Imperial Brands Revenues by Segments (2019)
Imperial Brands Revenues by Region (2019)
British American Tobacco Revenues and Profit (2015-2019)
British American Tobacco Revenues by Region (2019)
Japan Tobacco Revenues and Profit (2015-2019)
Japan Tobacco Revenues by Segments (2019)
Altria Revenues and Net Earnings (Loss) (2015-2019)
Altria Revenues by Segments (2019)
Philip Morris International Net Revenues and Net Earnings (2015-2019)
Philip Morris International Net Revenues by Region (2019)
Turning Point Brands Net Sales and Net Income (2015-2019)
Turning Point Brands Net Sales by Segments (2019)

List Of Tables

LIST OF TABLES

Vape vs HNB
E-Cigarette Flavours & Nicotine Strengths
Number of Calls to Poison Control Centre in the U.S. (2012-2018)
Global E-Cigarette Regulations (2019-2020)
Key Players – Revenues Comparison (2019)