[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Global Vapor Products Market – Analysis By Product Type (E-Vape, Heat-not-Burn, Others), Distribution Channel, By Region, By Country (2021 Edition): Market Insights and Forecast with Impact of COVID-19 (2021-2026)

December 2021 | 200 pages | ID: G444B58FC523EN
Azoth Analytics

US$ 2,400.00

E-mail Delivery (PDF)

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
Executive Summary

The Global Vapor Product Market was valued at USD 34.80 billion in the year 2020. In order to help smokers quit cigarettes, a variety of nicotine replacement products have come to the market including nicotine patches, gum, inhaler, lozenges and nasal spray. A recent trend is a vaping device, which is being recognized as an alternative to conventional cigarettes. Factors such as awareness about the harmful effects of conventional cigarettes, reduced tar, and carbon monoxide inhalation through an electronic cigarette, growing disposable income and rise in technological developments by vaping manufacturers are driving the growth of the market.

The coronavirus pandemic of 2020 has impacted the growth of the vapour product market. The outbreak of the novel virus caused an adverse disruption on the overall economy through halted production and logistics activities, affecting the demand and supply of vape products, globally. The shortage has also resulted in numerous incidents of black marketing for these products in European and North American countries. In order to meet the rising demand for vape products, multiple vendors adopted unique marketing strategies and offered their products via online platforms to boost product sales.

As more consumers become aware of the hazardous effects of tobacco smoking, they are introduced to new and safer smoking devices, thereby increasing the demand for these products. Based on Product, the market is segmented into E-vapes, Heat-not-Burn and Others. The E-vapes segment is expected to be the fastest-growing segment. These devices are highly customizable and include a variety of flavours that allow users to adjust the vapour output according to their preference. Moreover, growing disposable income and a rise in technological developments are driving the market for Heat-not-burn products.

Key players operating in the global vapour market include Smoore International Holdings, Imperial Brands Plc, British American Tobacco, Japan Tobacco Inc. etc. To gain a significant share in the market, the key players are now focusing on adopting strategies such as product innovations, mergers & acquisitions, recent developments, joint ventures, collaborations, and partnerships. The leading players are initiating to produce various e-liquid flavours in the market to cater to the evolving preferences of customers, thereby propelling the market growth.

Scope of the Report
  • The report presents the analysis of the Vapor Product market for the historical period of 2016-2020 and the forecast period of 2021-2026.
  • The report analyses the Vapor Product Market by Value (USD Million).
  • The report analyses the Vapor Product Market by Product Type (E-Vape, Heat-not-burn Others).
  • The report analyses the Vapor Product Market by Distribution Channel (Retail, E-Commerce)
  • The Global Vape Product Market has been analysed by Region (Americas, Europe, Asia Pacific, MEA).
  • The Global Vape Product Market has been analysed by Country (United States, Canada, United Kingdom, Germany, France, Spain, China, Japan, Australia, South Korea).
  • The key insights of the report have been presented through the frameworks of SWOT Analysis, Porter Five Analysis, Supply Chain. Also, the attractiveness of the market has been presented by Region, by Product Type, by Distribution Channel.
  • The report tracks competitive developments, strategies, the companies analysed in the report include Smoore International Holdings Limited, Imperial Brands, Plc., British American Tobacco, Japan Tobacco, Inc., Turning Point Brands, FirstUnion, Shenzhen IPV Vaping Technology Co., Ltd, JoyeTech, Juul Labs, NJOY
Key Target Audience
  • Vaping Device Makers
  • E-Cigarette Companies
  • Consulting and Advisory Firms
  • Government and Policy Makers
  • Regulatory Authorities
1. REPORT SCOPE AND METHODOLOGY

1.1 Scope of the Report
1.2 Research Methodology
1.3 Executive Summary

2. STRATEGIC RECOMMENDATIONS

3. VAPOR PRODUCTS MARKET: PRODUCT OVERVIEW

4. GLOBAL VAPOR PRODUCTS MARKET: AN ANALYSIS

4.1 Market Size, By Value, 2016-2026
4.2 Impact of COVID-19 on Vapor Products Market
4.3 Global Vapor Products Market

5. GLOBAL VAPOR PRODUCTS MARKET: SEGMENT ANALYSIS

5.1 Global Vapor Products Market Segmentation, By Product Type (Value)
5.2 Competitive Scenario of Vapor Products Market: By Product Type (2020 & 2026)
5.3 By E-Vape– Market Size and Forecast (2016-2026)
5.4 By Heat-not-Burn– Market Size and Forecast (2016-2026)
5.5 By Others– Market Size and Forecast (2016-2026)

6. GLOBAL VAPOR PRODUCTS MARKET: SEGMENT ANALYSIS

6.1 Global Vapor Products Market Segmentation, By Distribution Channel (Value)
6.2 Competitive Scenario of Global Vapor Products Market: By Distribution Channel Type (2020 & 2026)
6.3 By Retail– Market Size and Forecast (2016-2026)
6.4 By E-Commerce– Market Size and Forecast (2016-2026)

7. GLOBAL VAPOR PRODUCTS MARKET: REGIONAL ANALYSIS

7.1 Competitive Scenario of Global Vapor Products Market: By Region (2020 & 2026)

8. NORTH AMERICA VAPOR PRODUCTS MARKET: AN ANALYSIS (2016-2026)

8.1 North America Vapor Products Market by value: Size and Forecast (2016-2026)
8.2 North America Vapor Products Market: Prominent Companies
8.3 North America Vapor Products Market: Segmental Analysis
8.4 Market Segmentation By Product Type (E-Vape, Heat-not-Burn, Others)
8.5 Market Segmentation By Distribution Channel (Retail, E-Commerce)
8.6 North America Vapor Products Market: Country Analysis
8.7 Market Opportunity Chart of Americas Vapor Products Market - By Country, By Value (Year-2026)
8.8 Competitive Scenario of Americas Vapor Products Market– By Country (2020 & 2026)
8.9 United States Vapor Products Market: Size and Forecast (2016-2026)
8.10 United States Vapor Products Market Segmentation By Product Type, By Distribution Channel (2016-2026)
8.11 Canada Vapor Products Market: Size and Forecast (2016-2026)
8.12 Canada Vapor Products Market Segmentation By Product Type, By Distribution Channel (2016-2026)

9. EUROPE VAPOR PRODUCTS MARKET: AN ANALYSIS (2016-2026)

9.1 Europe Vapor Products Market by value: Size and Forecast (2016-2026)
9.2 Europe Vapor Products Market: Prominent Companies
9.3 Europe Vapor Products Market: Segmental Analysis
9.4 Market Segmentation By Product Type (E-Vape, Heat-not-Burn, Others)
9.5 Market Segmentation By Distribution Channel (Retail, E-Commerce)
9.6 Europe Vapor Products Market: Country Analysis
9.7 Market Opportunity Chart of Europe Vapor Products Market - By Country, By Value (Year-2026)
9.8 Competitive Scenario of Europe Vapor Products Market– By Country (2020 & 2026)
9.9 United Kingdom Vapor Products Market: Size and Forecast (2016-2026)
9.10 United Kingdom Vapor Products Market Segmentation By Product Type, By Distribution Channel (2016-2026)
9.11 Germany Vapor Products Market: Size and Forecast (2016-2026)
9.12 Germany Vapor Products Market Segmentation By Product Type, By Distribution Channel (2016-2026)
9.13 France Vapor Products Market: Size and Forecast (2016-2026)
9.14 France Vapor Products Market Segmentation By Product Type, By Distribution Channel (2016-2026)
9.15 Spain Vapor Products Market: Size and Forecast (2016-2026)
9.16 Spain Vapor Products Market Segmentation By Product Type, By Distribution Channel (2016-2026)

10. ASIA-PACIFIC VAPOR PRODUCTS MARKET: AN ANALYSIS (2016-2026)

10.1 Asia-Pacific Vapor Products Market by value: Size and Forecast (2016-2026)
10.2 Asia-Pacific Vapor Products Market: Prominent Companies
10.3 Asia-Pacific Vapor Products Market: Segmental Analysis
10.4 Market Segmentation By Product Type (E-Vape, Heat-not-Burn, Others)
10.5 Market Segmentation By Distribution Channel (Retail, E-Commerce)
10.6 Asia-Pacific Vapor Products Market: Country Analysis
10.7 Market Opportunity Chart of Asia-Pacific Vapor Products Market - By Country, By Value (Year-2026)
10.8 Competitive Scenario of Asia-Pacific Vapor Products Market– By Country (2020 & 2026)
10.9 China Vapor Products Market: Size and Forecast (2016-2026)
10.10 China Vapor Products Market Segmentation By Product Type, By Distribution Channel (2016-2026)
10.11 Japan Vapor Products Market: Size and Forecast (2016-2026)
10.12 Japan Vapor Products Market Segmentation By Product Type, By Distribution Channel (2016-2026)
10.13 South Korea Vapor Products Market: Size and Forecast (2016-2026)
10.14 South Korea Vapor Products Market Segmentation By Product Type, By Distribution Channel (2016-2026)
10.15 Australia Vapor Products Market: Size and Forecast (2016-2026)
10.16 Australia Vapor Products Market Segmentation By Product Type, By Distribution Channel (2016-2026)

11. GLOBAL VAPOR PRODUCTS MARKET DYNAMICS

11.1 Global Vapor Products Market Drivers
11.2 Global Vapor Products Market Restraints
11.3 Global Vapor Products Market Trends

12. MARKET ATTRACTIVENESS AND STRATEGIC ANALYSIS

12.1 Market Attractiveness Chart of Global Vapor Products Market - By Product Type (Year 2026)
12.2 Market Attractiveness Chart of Global Vapor Products Market - By Distribution Channel (Year 2026)
12.3 Market Attractiveness Chart of Global Vapor Products Market – By Region (Year 2026)

13. COMPETITIVE LANDSCAPE

13.1 Market Share of global leading companies
13.2 SWOT Analysis– Global Vapor Products Market
13.3 Porter Five Force Analysis- Global Vapor Products Market
13.4 Supply Chain Analysis-Global Vapor Products Market

14. COMPANY PROFILES (BUSINESS DESCRIPTION, FINANCIAL ANALYSIS, BUSINESS STRATEGY)

14.1 Smoore International Holdings Pvt Ltd
14.2 Imperial Brands, Plc.
14.3 Japan Tobacco, Inc
14.4 British American Tobacco
14.5 Turning Point Brands
14.6 FirstUnion
14.7 Shenzhen IPV Vaping Technology Co., Ltd
14.8 JoyeTech
14.9 Juul Labs
14.10 NJOY
TABLES AND FIGURES
Figure 1: Global Vapor Products Market Size, By Value, 2016-2026 (USD Million)
Figure 2: Global Adult Vaping Population(in millions), 2017-2021
Figure 3: Global Vape Users, By Region, 2018 (in %)
Figure 4: Penetration Rate in major e-cigarette market (in %), 2019
Figure 5: Penetration rate of e-cigarettes by market size, (in %)
Figure 6: Global Internet Penetration, 2021 (In %) Global Number of Internet Users, By Region, March 2021 (in %)
Figure 7: Global Number of Internet Users, By Region, March 2021 (in %)
Figure 8: Vaping Device Market, (in billion), 2019-2024e
Figure 9: Vaping Device Demand for CBD and other medical usage, (in million), 2018-2024e
Figure 10: E-cigarette market share breakdown, 2020
Figure 11: E-cigarette market share breakdown, 2024e
Figure 12: Global Vapor Products Market- By Product Type, 2020 & 2026
Figure 13: Global Vapor Products Market- By E-vape, By Value (USD Million), 2016-2026
Figure 14: Global Vapor Products Market- By Heat-Not-Burn, By Value (USD Million), 2016-2026
Figure 15: Global Vapor Products Market- By Others, By Value (USD Million), 2016-2026
Figure 16: Global Vapor Products Market- By Distribution Channel, Market Share, 2020 & 2026
Figure 17: Global Vapor Products Market- By Retail, By Value (USD Million), 2016-2026
Figure 18: Global Vapor Products Market- By Online Stores, By Value (USD Million), 2016-2026
Figure 19: Global Vapor Products Market- By Region Market Share, 2020 & 2026
Figure 20: North America Vapor Products Market Size, By Value, 2016-2026 (USD Million)
Figure 21: North America Age Distribution 2020 (in millions)
Figure 22: North America Internet Penetration (% of total), By countries 2019
Figure 23: North America Vapor Products Market- By Product Type, By Value (USD Million), 2016-2026
Figure 24: North America Vapor Products Market- By Distribution Channel, By Value (USD Million), 2016-2026
Figure 25: Market Opportunity Chart of Americas Vapor Products Market- By Country, By Value (Year-2026)
Figure 26: America Vapor Products Market- By Country Market Share, 2020 & 2026
Figure 27: United States Vapor Products Market Size, By Value, 2016-2026 (USD Million)
Figure 28: Smoking Rates in United States, 2021
Figure 29: Current e-cigarette use among middle and high school students, 2019-20
Figure 30: United States Individuals using internet (% of total population) 2016-2020
Figure 31: Retail Channels of e-cigarette market, 2020
Figure 32: United States CBD Product Sales (USD Million), 2014-2019
Figure 33: Tax on Vaping Products across United States, (% of wholesale price), 2019
Figure 34: United States Vapor Products Market- By Product Type, By Value (USD Million), 2016-2026
Figure 35: United States Vapor Products Market- By Distribution Channel, By Value (USD Million), 2016-2026
Figure 36: Canada Vapor Products Market Size, By Value, 2016-2026 (USD Million)
Figure 37: Total Smoking Rate in Canada, by gender (in %), 2021
Figure 38: Most often used flavor in vapes, in Canada (in %), 2019
Figure 39: Canada Vapor Products Market- By Product Type, By Value (USD Million), 2016-2026
Figure 40: Canada Vapor Products Market- By Distribution Channel, By Value (USD Million), 2016-2026
Figure 41: Europe Vapor Products Market Size, By Value, 2016-2026 (USD Million)
Figure 42: Individuals using internet, European Union, (% of population), 2020
Figure 43: Europe top 10 countries in Internet usage (in millions), 2019
Figure 44: Europe Vapor Products Market- By Product Type, By Value (USD Million), 2016-2026
Figure 45: Europe Vapor Products Market- By Distribution Channel, By Value (USD Million), 2016-2026
Figure 46: Market Opportunity Chart of Europe Vapor Products Market- By Country, By Value (Year-2026)
Figure 47: Europe Vapor Products Market- By Country Market Share, 2020 & 2026
Figure 48: United Kingdom Vapor Products Market Size, By Value, 2016-2026 (USD Million)
Figure 49: Individuals using Internet in United Kingdom (in % of total population) 2017-2019
Figure 50: Prevalence of cigarette smoking in UK, (in %), 2015-2019
Figure 51: Number of e-cigarette users in United Kingdom (in millions) 2016-2021
Figure 52: United Kingdom Vapor Products Market- By Product Type, By Value (USD Million), 2016-2026
Figure 53: United Kingdom Vapor Products Market- By Distribution Channel, By Value (USD Million), 2016-2026
Figure 54: Germany Vapor Products Market Size, By Value, 2016-2026 (USD Million)
Figure 55: Age distribution in Germany (in million), 2020
Figure 56: Individuals using Internet in Germany (in % of total) 2017-2019
Figure 57: Germany Vapor Products Market- By Product Type, By Value (USD Million), 2016-2026
Figure 58: Germany Vapor Products Market- By Distribution Channel, By Value (USD Million), 2016-2026
Figure 59: France Vapor Products Market Size, By Value, 2016-2026 (USD Million)
Figure 60: Prevalence of Daily smokers vs current vapers( in %), 2015-2019
Figure 61: Individuals using Internet in France (% of total ) 2015-2019
Figure 62: France Vapor Products Market- By Product Type, By Value (USD Million), 2016-2026
Figure 63: France Vapor Products Market- By Distribution Channel, By Value (USD Million), 2016-2026
Figure 64: Spain Vapor Products Market Size, By Value, 2016-2026 (USD Million)
Figure 65: Spain E-Cigarettes Consumption, by type and age, (in %), 2019
Figure 66: Age distribution in Spain, by age bracket, (in million), 2020
Figure 67: Individuals using Internet in Spain (% of total ) 2015-2019
Figure 68: Spain Vapor Products Market- By Product Type, By Value (USD Million), 2016-2026
Figure 69: Spain Vapor Products Market- By Distribution Channel, By Value (USD Million), 2016-2026
Figure 70: Asia Pacific Vapor Products Market Size, By Value, 2016-2026 (USD Million)
Figure 71: Asia Pacific Urban Population ( in % of total) 2016-2020
Figure 72: Individuals using Internet in East-Asia and Pacific, excluding high income ( in % of total) 2016-2020
Figure 73: Population by broad age group, Asia (in millions), 2020
Figure 74: Volume of electronic cigarette and vaping sales in the Asia-Pacific Region, (in million units), 2019
Figure 75: Asia-Pacific Vapor Products Market- By Product Type, By Value (USD Million), 2016-2026
Figure 76: Asia-Pacific Vapor Products Market- By Distribution Channel, By Value (USD Million), 2016-2026
Figure 77: Market Opportunity Chart of APAC Vapor Products Market- By Country, By Value (Year-2026)
Figure 78: APAC Vapor Products Market- By Country Market Share, 2020 & 2026
Figure 79: China Vapor Products Market Size, By Value, 2016-2026 (USD Million)
Figure 80: China Urban Population (% of total), 2016-2020
Figure 81: Tax on e-cigarette and Traditional Tobacco (in %), 2019
Figure 82: China Vapor Products Market- By Product Type, By Value (USD Million), 2016-2026
Figure 83: China Vapor Products Market- By Distribution Channel, By Value (USD Million), 2016-2026
Figure 84: Japan Vapor Products Market Size, By Value, 2016-2026 (USD Million)
Figure 85: Smoking Rates in Japan, 2021
Figure 86: Individuals using Internet in Japan ( in % of total) 2016-2020
Figure 87: Japan Vapor Products Market- By Product Type, By Value (USD Million), 2016-2026
Figure 88: Japan Vapor Products Market- By Distribution Channel, By Value (USD Million), 2016-2026
Figure 89: South Korea Vapor Products Market Size, By Value, 2016-2026 (USD Million)
Figure 90: Smoking Rates in South Korea, 2021
Figure 91: Current E-cigarette use prevalence, (in %), 2019
Figure 92: Population by broad Age Group, (in millions), 2020
Figure 93: Individuals using Internet in South Korea ( in % of total) 2016-2020
Figure 94: Japan Vapor Products Market- By Product Type, By Value (USD Million), 2016-2026
Figure 95: South Korea Vapor Products Market- By Distribution Channel, By Value (USD Million), 2016-2026
Figure 96: Australia Vapor Products Market Size, By Value, 2016-2026 (USD Million)
Figure 97: Smoking Rates in South Korea, 2021
Figure 98: Population by Broad Age Group, Australia, (USD million), 2020
Figure 99: Australia Vapor Products Market- By Product Type, By Value (USD Million), 2016-2026
Figure 100: Australia Vapor Products Market- By Distribution Channel, By Value (USD Million), 2016-2026
Figure 101: Market Attractiveness Chart of Global Vapor Products Market- By Product Type (Year-2026)
Figure 102: Market Attractiveness Chart of Global Vapor Products Market- By Distribution Channel (Year-2026)
Figure 103: Market Attractiveness Chart of Global Vapor Products Market- By Region (Year-2026)
Figure 104: Global E-Cigarettes Device Company market share, By Revenue, (%) 2020
Figure 105: Market share of major e-vapor firms, 2019
Figure 106: Dollar share of nicotine and e-cigarette sales in United States, by brand, 2020
Figure 107: Smoore International Holdings Ltd., Annual Sales Revenue, 2016-2020 (USD Million)
Figure 108: Smoore International Holdings Ltd., Net Profit, 2016-2020 (USD Million)
Figure 109: Smoore International Holdings Ltd., Sales Revenue, By Operating Segments (%),
Figure 110: Smoore International Holdings Ltd., Sales Revenue, By Geographical Segments (%), FY2020
Figure 111: Imperial Brands Plc., Annual Sales Revenue, 2016-2020 (USD Million)
Figure 112: Imperial Brands Plc., Net Profit, 2016-2020 (USD Million)
Figure 113: Imperial Brands Plc., Sales Revenue, By Operating Segments (%), FY2020
Figure 114: Imperial Brands Plc., Sales Revenue, By Geographical Segments (%), FY2020
Figure 115: Japan Tobacco Inc., Annual Sales Revenue, 2016-2020 (USD Billion)
Figure 116: Japan Tobacco Inc, Net Profit, 2016-2020 (USD Billion)
Figure 117: Japan Tobacco Inc., Sales Revenue, By Operating Segments (%), FY2020
Figure 118: Japan Tobacco Inc., Sales Revenue, By Geographical Segments (%), FY2020
Figure 119: British American Tobacco, Annual Sales Revenue, 2016-2020 (USD Million)
Figure 120: British American Tobacco, Net Profit, 2016-2020 (USD Million)
Figure 121: British American Tobacco, Sale Revenue, By Business Segments (%), FY2020
Figure 122: British American Tobacco, Sales Revenue, By Geographical Segment (%),FY2020
Figure 123: Turning Point Brands, Inc., Annual Sales Revenue, 2016-2020 (USD Million)
Figure 124: Turning Point Brands, Inc., Net Income, 2016-2020 (USD Million)
Figure 125: Turning Point Brands, Inc., Sales Revenue, By Operating Segments (%) FY2020
Figure 126: Turning Point Brands, Inc., Sales Revenue, By Operating Segments (%), FY2019


More Publications