Global E-cigarette Market to grow at CAGR of 1.62% during 2016-2020
An e-cigarette, also known as an e-vaping device, personal vaporizer, or electronic nicotine delivery system contains a heating element that vaporizes liquid nicotine or a flavored liquid. These liquids, called e-liquids, are available in more than 4,000 flavors, with vendors adding more than 300 flavors every month. One e-cigarette is equal to 6-8 tobacco cigarettes.
Technavio’s analysts forecast the global e-cigarette market to grow at a CAGR of 24.33% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global e-cigarette market for 2016-2020. To arrive at the market size, the study considers the revenue generated from the worldwide retail sales of e-cigarettes in the market. The study considers the following product segments for calculating the market size:
• First-generation e-cigarettes, also known as disposables or cigalikes
• Second-generation e-cigarettes, also known as rechargeables
• Third-generation e-cigarettes, also known as vapors, tanks, and mods (VTMs) or personal vaporizers or modular units
• Refill cartridges used for supplying e-liquid to e-cigarettes
• E-liquids, also known as e-juice
The market is divided into the following segments based on geography:
• APAC
• Central and South America
• Eastern and Central Europe
• MEA
• North America
• Western Europe
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Technavio’s report, Global E-Cigarette Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the operating in this market.
Key vendors
• Reynolds American
• Imperial Brands
• Japan Tobacco
• Altria Group
• NJOY
• British American Tobacco
Market driver
• Perceived as an alternative to tobacco smoking
• For a full, detailed list, view our report
Market challenge
• Increasing incidences of e-cigarette explosion
• For a full, detailed list, view our report
Market trend
• Introduction of e-cigarettes with new technology
• For a full, detailed list, view our report
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global smoking overview
PART 06: Market landscape
PART 07: Product life cycle analysis
PART 08: Market segmentation by product
PART 09: Market segmentation by distribution channel
PART 10: Geographical segmentation
Complete Report available at: http://www.bigmarketresearch.com/global-e-cigarette-2016-2020-market
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