E-cigarette And Vape Market Size with Growth Opportunities, Top Countries Data, Future Trends and Share with Revenue Forecast 2022 to 2031

Posted on 2022-08-01 by Sandeep in Consumer Services // 0 Comments

New York, 2022-Aug-01 — /EPR Network/ — According to a new market research report published by Global Insight Services “E-cigarette And Vape Market is expected to reach US$ XX bn by 2031”. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

E-cigarettes are battery-operated devices that turn liquid nicotine into an inhalable vapor. They were originally developed as a way to help people quit smoking, but have become increasingly popular as a recreational device.

Vaping is the act of inhaling and exhaling the vapor produced by an electronic cigarette or similar device. The term is used because e-cigarettes do not produce tobacco smoke, but rather an aerosolized mixture of propylene glycol, vegetable glycerin, flavorings, and nicotine.

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Key Players

Juul
Vuse
Logic
Blu
NJOY
MarkTen
Green Smoke
V2 Cigs
Halo
Apollo

Key Trends

Here are some of the key trends in the e-cigarette and vape market:

E-cigarettes and vapes are becoming more affordable. As more companies enter the market, prices are dropping, making these products more accessible to a wider range of consumers.
A growing number of people are using e-cigarettes and vapes to quit smoking. These devices are often seen as a less harmful alternative to cigarettes, and many people find them helpful in kicking the smoking habit.
E-cigarettes and vapes come in a variety of shapes and sizes. From sleek and discreet pens to larger, more powerful devices, there is an e-cigarette or vape to suit every preference.
Flavored e-liquids are one of the most popular trends in the e-cigarette and vape market. From traditional tobacco and menthol flavors to more unique options like fruit and candy, there is an e-liquid flavor to suit every taste.
A growing number of states and localities are implementing regulations on e-cigarettes and vapes. In some cases, these regulations are similar to those placed on traditional cigarettes, while in others, they are more lenient.

Key Drivers

Vaping has become increasingly popular in recent years as people look for alternatives to smoking cigarettes. The health benefits of vaping over smoking are well-documented, and this has helped to drive the growth of the industry. In addition, the availability of a wide range of e-cigarette and vape products has made it easy for people to find the right product for their needs.

The E-cigarette and Vape market is expected to continue to grow in the coming years as more people switch to vaping and the industry expands. This will provide a great opportunity for businesses to capitalize on the growing demand for these products.

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Market Segments

By Product

Disposable
Rechargeable
Modular Devices

By Distribution Channel

Online
Convenience Store
Drug Store
Newsstand
Specialty Store

Reasons to buy E-cigarette And Vape Market Report:

Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
Develop business and M&A strategies through understanding of latest trends and emerging players in the market
Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market

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With Global Insight Services, you receive:

10-year forecast to help you make strategic decisions
In-depth segmentation which can be customized as per your requirements
Free consultation with lead analyst of the report
Excel data pack included with all report purchases
Robust and transparent research methodology

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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