E-cigarette Market 2018: Top US Tobacco Companies, Adoption Analysis, End Users and Popular Trends With Major Competitors, Forecast to 2022
Growing health awareness, advancement in electronic device technology, smoke & ash less vaping are some of the factors driving the growth of the global e-cigarette market.
Dallas, United States – January 30, 2018 /MarketersMedia/ —
Global E-Cigarette Market to grow at a CAGR of 22.13% during the period 2018-2022.
An e-cigarette is an electronically driven or battery-powered inhaler that simulates tobacco smoking. It is designed to provide inhaled doses of e-liquids by converting the flavored e-liquid into aerosols. It is available in three product variants in the market which are modular, rechargeable, next-generation, and disposable.
According to the report, one driver in the market is increasing disposable income of the consumers. Rising disposable income of consumers in developing countries like India, China, Brazil, Indonesia, Russia, the Philippines, Taiwan, Nigeria, Thailand, and South Africa has led to middle-class expansion, increasing consumer expenditure, and changing consumer preferences.
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Commenting on the report, an analyst from team said: “One trend in the market is growing trend of online retailing. With the growth of e-commerce businesses worldwide, vendors have the potential to enhance their profitability. E-commerce accounts for nearly 12% of the global retail trade. Online and e-commerce channels support both business-to-business (B2B) and business-to-consumer (B2C) operations. The average amount of money spent online per transaction and the number of transactions that take place online are on the rise, globally.”
Covered in this report
The report covers the present scenario and the growth prospects of the global E-cigarette market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
Read more details of the E-Cigarette Market report at: http://orbisresearch.com/reports/index/global-e-cigarette-market-2018-2022
Key vendors
Altria Group
British American Tobacco
Imperial Brands
Japan Tobacco
NJOY
Market driver
Increasing disposable income of the consumers
For a full, detailed list, view our report
Market challenge
Distribution challenges in e-cigarette market
For a full, detailed list, view our report
Market trend
Growing trend of online retailing
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2022 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Companies Mentioned:
Altria Group, British American Tobacco, Imperial Brands, Japan Tobacco, and NJOY.
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