E-cigarette And Vape Market Size, Share & Trends Report

E-cigarette And Vape Market Size, Share & Trends Analysis Report By Distribution Channel, By Product (Disposable, Rechargeable, Modular Devices), By Category, By Region, And Segment Forecasts, 2024 - 2030

Report ID: GVR-2-68038-433-8
Number of Report Pages: 139
Format: PDF, Horizon Databook

Historical Range: 2018 - 2021
Forecast Period: 2023 - 2030
Industry: Technology

Market Segmentation

E-cigarette and Vape Product Scope (Revenue, USD Million; Volume, Units; 2018 - 2030)
- Disposable
- Rechargeable
- Modular Devices
E-cigarette and Vape Category Scope (Revenue, USD Million; Volume, Units; 2018 - 2030)
- Open
- Closed
E-cigarette and Vape Distribution Channel Scope (Revenue, USD Million, 2018 - 2030)
- Online
- Retail
  - Convenience Store
  - Drug Store
  - Newsstand
  - Tobacconist Store
  - Specialty E-cigarette Store
E-cigarette and Vape Regional Scope (Revenue, USD Million; Volume, Units; 2018 - 2030)
- North America
  - North America E-cigarette and Vape Market, by Product
    - Disposable
    - Rechargeable
    - Modular Devices
  - North America E-cigarette and Vape Market, by Category
    - Open
    - Closed
  - North America E-cigarette and Vape Market, by Distribution Channel
    - Online
    - Retail
      - Convenience Store
      - Drug Store
      - Newsstand
      - Tobacconist Store
      - Specialty E-cigarette Store
  - U.S.
    - U.S. E-cigarette and Vape Market, by Product
      - Disposable
      - Rechargeable
      - Modular Devices
    - U.S. E-cigarette and Vape Market, by Category
      - Open
      - Closed
    - U.S. E-cigarette and Vape Market, by Distribution Channel
      - Online
      - Retail
        
        Convenience Store
        
        Drug Store
        
        Newsstand
        
        Tobacconist Store
        
        Specialty E-cigarette Store
  - Canada
    - Canada E-cigarette and Vape Market, by Product
      - Disposable
      - Rechargeable
      - Modular Devices
    - Canada E-cigarette and Vape Market, by Category
      - Open
      - Closed
    - Canada E-cigarette and Vape Market, by Distribution Channel
      - Online
      - Retail
        
        Convenience Store
        
        Drug Store
        
        Newsstand
        
        Tobacconist Store
        
        Specialty E-cigarette Store
- Europe
  - Europe E-cigarette and Vape Market, by Product
    - Disposable
    - Rechargeable
    - Modular Devices
  - Europe E-cigarette and Vape Market, by Category
    - Open
    - Closed
  - Europe E-cigarette and Vape Market, by Distribution Channel
    - Online
    - Retail
      - Convenience Store
      - Drug Store
      - Newsstand
      - Tobacconist Store
      - Specialty E-cigarette Store
  - U.K.
    - U.K. E-cigarette and Vape Market, by Product
      - Disposable
      - Rechargeable
      - Modular Devices
    - U.K. E-cigarette and Vape Market, by Category
      - Open
      - Closed
    - U.K. E-cigarette and Vape Market, by Distribution Channel
      - Online
      - Retail
        
        Convenience Store
        
        Drug Store
        
        Newsstand
        
        Tobacconist Store
        
        Specialty E-cigarette Store
  - Germany
    - Germany E-cigarette and Vape Market, by Product
      - Disposable
      - Rechargeable
      - Modular Devices
    - Germany E-cigarette and Vape Market, by Category
      - Open
      - Closed
    - Germany E-cigarette and Vape Market, by Distribution Channel
      - Online
      - Retail
        
        Convenience Store
        
        Drug Store
        
        Newsstand
        
        Tobacconist Store
        
        Specialty E-cigarette Store
  - Spain
    - Spain E-cigarette and Vape Market, by Product
      - Disposable
      - Rechargeable
      - Modular Devices
    - Spain E-cigarette and Vape Market, by Category
      - Open
      - Closed
    - Spain E-cigarette and Vape Market, by Distribution Channel
      - Online
      - Retail
        
        Convenience Store
        
        Drug Store
        
        Newsstand
        
        Tobacconist Store
        
        Specialty E-cigarette Store
  - Switzerland
    - Switzerland E-cigarette and Vape Market, by Product
      - Disposable
      - Rechargeable
      - Modular Devices
    - Switzerland E-cigarette and Vape Market, by Category
      - Open
      - Closed
    - Switzerland E-cigarette and Vape Market, by Distribution Channel
      - Online
      - Retail
        
        Convenience Store
        
        Drug Store
        
        Newsstand
        
        Tobacconist Store
        
        Specialty E-cigarette Store
- Asia Pacific
  - Asia Pacific E-cigarette and Vape Market, by Product
    - Disposable
    - Rechargeable
    - Modular Devices
  - Asia Pacific E-cigarette and Vape Market, by Category
    - Open
    - Closed
  - Asia Pacific E-cigarette and Vape Market, by Distribution Channel
    - Online
    - Retail
      - Convenience Store
      - Drug Store
      - Newsstand
      - Tobacconist Store
      - Specialty E-cigarette Store
  - Japan
    - Japan E-cigarette and Vape Market, by Product
      - Disposable
      - Rechargeable
      - Modular Devices
    - Japan E-cigarette and Vape Market, by Category
      - Open
      - Closed
    - Japan E-cigarette and Vape Market, by Distribution Channel
      - Online
      - Retail
        
        Convenience Store
        
        Drug Store
        
        Newsstand
        
        Tobacconist Store
        
        Specialty E-cigarette Store
  - China
    - China E-cigarette and Vape Market, by Product
      - Disposable
      - Rechargeable
      - Modular Devices
    - China E-cigarette and Vape Market, by Category
      - Open
      - Closed
    - China E-cigarette and Vape Market, by Distribution Channel
      - Online
      - Retail
        
        Convenience Store
        
        Drug Store
        
        Newsstand
        
        Tobacconist Store
        
        Specialty E-cigarette Store
  - South Korea
    - South Korea E-cigarette and Vape Market, by Product
      - Disposable
      - Rechargeable
      - Modular Devices
    - South Korea E-cigarette and Vape Market, by Category
      - Open
      - Closed
    - South Korea E-cigarette and Vape Market, by Distribution Channel
      - Online
      - Retail
        
        Convenience Store
        
        Drug Store
        
        Newsstand
        
        Tobacconist Store
        
        Specialty E-cigarette Store
- Latin America
  - Latin America E-cigarette and Vape Market, by Product
    - Disposable
    - Rechargeable
    - Modular Devices
  - Latin America E-cigarette and Vape Market, by Category
    - Open
    - Closed
  - Latin America E-cigarette and Vape Market, by Distribution Channel
    - Online
    - Retail
      - Convenience Store
      - Drug Store
      - Newsstand
      - Tobacconist Store
      - Specialty E-cigarette Store
  - Chile
    - Chile E-cigarette and Vape Market, by Product
      - Disposable
      - Rechargeable
      - Modular Devices
    - Chile E-cigarette and Vape Market, by Category
      - Open
      - Closed
    - Chile E-cigarette and Vape Market, by Distribution Channel
      - Online
      - Retail
        
        Convenience Store
        
        Drug Store
        
        Newsstand
        
        Tobacconist Store
        
        Specialty E-cigarette Store
  - Ecuador
    - Ecuador E-cigarette and Vape Market, by Product
      - Disposable
      - Rechargeable
      - Modular Devices
    - Ecuador E-cigarette and Vape Market, by Category
      - Open
      - Closed
    - Ecuador E-cigarette and Vape Market, by Distribution Channel
      - Online
      - Retail
        
        Convenience Store
        
        Drug Store
        
        Newsstand
        
        Tobacconist Store
        
        Specialty E-cigarette Store
  - Honduras
    - Honduras E-cigarette and Vape Market, by Product
      - Disposable
      - Rechargeable
      - Modular Devices
    - Honduras E-cigarette and Vape Market, by Category
      - Open
      - Closed
    - Honduras E-cigarette and Vape Market, by Distribution Channel
      - Online
      - Retail
        
        Convenience Store
        
        Drug Store
        
        Newsstand
        
        Tobacconist Store
        
        Specialty E-cigarette Store
- MEA
  - MEA E-cigarette and Vape Market, by Product
    - Disposable
    - Rechargeable
    - Modular Devices
  - MEA E-cigarette and Vape Market, by Category
    - Open
    - Closed
  - MEA E-cigarette and Vape Market, by Distribution Channel
    - Online
    - Retail
      - Convenience Store
      - Drug Store
      - Newsstand
      - Tobacconist Store
      - Specialty E-cigarette Store
  - UAE
    - UAE E-cigarette and Vape Market, by Product
      - Disposable
      - Rechargeable
      - Modular Devices
    - UAE E-cigarette and Vape Market, by Category
      - Open
      - Closed
    - UAE E-cigarette and Vape Market, by Distribution Channel
      - Online
      - Retail
        
        Convenience Store
        
        Drug Store
        
        Newsstand
        
        Tobacconist Store
        
        Specialty E-cigarette Store
  - South Africa
    - South Africa E-cigarette and Vape Market, by Product
      - Disposable
      - Rechargeable
      - Modular Devices
    - South Africa E-cigarette and Vape Market, by Category
      - Open
      - Closed
    - South Africa E-cigarette and Vape Market, by Distribution Channel
      - Online
      - Retail
        
        Convenience Store
        
        Drug Store
        
        Newsstand
        
        Tobacconist Store
        
        Specialty E-cigarette Store
  - Egypt
    - Egypt E-cigarette and Vape Market, by Product
      - Disposable
      - Rechargeable
      - Modular Devices
    - Egypt E-cigarette and Vape Market, by Category
      - Open
      - Closed
    - Egypt E-cigarette and Vape Market, by Distribution Channel
      - Online
      - Retail
        
        Convenience Store
        
        Drug Store
        
        Newsstand
        
        Tobacconist Store
        
        Specialty E-cigarette Store

E-cigarette And Vape Market Dynamics

Drivers: Technological Progression in E-Cigarette Technology

E-cigarettes these days have Temperature Control (TC) function that controls the coil temperature to produce large quantity of vapor and provide enhanced e-liquid flavor. Temperature control provides an augmented vaping experience without burning the coil as it automatically cuts out the power when the coil exceeds a certain temperature. Temperature control is an effective function in an e-cigarette, as it increases safety of the devices and it protects the coil that allows it to be used for a longer time thus saving cost. Temperature control mods further saves battery life by consuming less power thus reducing battery charging cycles and improving battery operational life. The squonk mod is another popular technological progression in e-cigarette technology. The mod does not require refilling of the atomizer, rather it has a squonk box or a bottle at the bottom of the atomizer that pumps e-liquid through a feed tube on manually pressing it. It averts inconvenience to refill the atomizer after every 6 to 7 puffs

Rising Consciousness Towards Safe Substitutes of Tobacco Consumption

Millennials are the prime adopters of e-cigarette technology. The cognizance of hazards of smoking pushes the millennials towards using e-cigarettes as a safer substitute to tobacco consumption. Moreover, the customization options in e-cigarettes further attracts millennials towards consuming e-cigarettes. A research funded by the Cancer Research U.K., found large reductions in toxic and carcinogen compounds in e-cigarette vapor. Furthermore, the study suggested that the risk of cancer through vaping is roughly 1 percent compared to smoking. Since the procedure of vaping does not involve the process of combustion, it is a safer alternative to consume tobacco instead of cigarettes. Various studies have been carried out by medical institutes such as Royal College of General Practitioners and British Medical Association among others suggesting that smoking exposes the user to over 5000 chemical compounds whereas e-cigarettes exposes the user to negligible compounds that are non-toxic. Furthermore, many of the ex-smokers suggest that e-cigarettes have assisted them to quit smoking.

Restraint: Strict Government Norms Regarding Tobacco Products

Strict government protocols exist in the U.S. pertaining to tobacco products and distribution. Food and Drug Administration (FDA) through the Family Smoking Prevention and Tobacco Control Act (FSPTCA) regulates the tobacco market in the U.S. It is also known as the Tobacco Control Act, 2009. E-cigarettes in the U.S. are stated under tobacco products and carry all the rules that are levied on traditional tobacco products. Europe has been positive towards adopting e-cigarettes due to studies conducted by medical establishments in numerous countries such as U.K. In regions such as Asia Pacific, e-cigarettes are banned from consumption and distribution. For instance, In September 2019, the Government of India banned manufacturing, production, import/export, sale, transport, storage, distribution, and advertising of e-cigarettes. In South Korea, the sale and use of e-cigarettes is legal, but is hugely taxed.

What Does This Report Include?

This section will provide insights into the contents included in this e-cigarette and vape market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

E-cigarette and vape market qualitative analysis

Industry overview
Industry trends
Market drivers and restraints
Market size
Growth prospects
Porter’s analysis
PESTEL analysis
Key market opportunities prioritized
Competitive landscape
- Company overview
- Financial performance
- Product benchmarking
- Latest strategic developments

E-cigarette and vape market quantitative analysis

Market size, estimates, and forecast from 2018 to 2030
Market estimates and forecast for product segments up to 2030
Regional market size and forecast for product segments up to 2030
Market estimates and forecast for application segments up to 2030
Regional market size and forecast for application segments up to 2030
Company financial performance

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