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E-Cigarette Market key Insights Based on Product Type, End-use and Regional Demand Till 2025

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Mar 17, 2020 (AmericaNewsHour) -- Global E-Cigarette Market was valued at USD 10.5 Billion in the year 2017. The Global E-Cigarette Market is further estimated to grow at a CAGR of 16.9% from 2019 to reach USD 36.19 Billion by the year 2025. The e-cigarette is a device which allows the user to inhale nicotine without burning or producing smoke. E-cigarette works by heating and creating vapor from the solution which may or may not contain nicotine. Over recent years, the e-cigarette has become very popular stop smoking aid around the world.

North America region holds the highest Market share in 2017 and Asia-Pacific Market is considered as the fastest growing Market in the forecasted period due strongly growing awareness and benefits associated with the use of the e-cigarette. At a country level, the U.S in North America whereas South Korea and China in Asia-Pacific is projected to grow strongly in the coming years.

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Major market players in the E-Cigarette Market are British American Tobacco, Imperial Brands
Altria Group, Japan Tobacco, International Vapor Group, Njoy Inc., Philip Morris International Inc., VMR Flavours Llc, Reynolds American Inc., Logic, Lorillard, Vapor Hub, and brief overview of 11 companies is also provided in the report. The top three company holds around 60% of the global Market share with British American Tobacco being a Market leader. Rising research and development expenses to satisfy the changing demands of end users, new product launches and organic growth strategies were few techniques adopted by various manufacturers in last 5 years.

SWOT Analysis E-Cigarette Market:
The e-cigarette does not produce tar and carbon monoxide
Can use in public location and do not produce second-hand smoke.

Side effects associated with E-cigarette
The stringent regulatory framework on E-cigarette

Developing distribution in emerging Market
Growing awareness

Available alternative technology
Disorganized Market.

The segmentation is done on the basis of product type, by Flavor, by Distribution Channel, and by region. On the basis of product types, the global E-Cigarette Market is sub-segmented as rechargeable, disposable and modular of which the modular segment is expected to hold the highest CAGR during the forecast period.

E-Cigarette Market Segmentation:
By Flavor

By Distribution Channel
*Specialist E-Cig Shops

By Product

By Region
North America
*Rest of Europe
*Rest of Asia-Pacific
*Latin America
*Middle East & Africa

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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

*By product type
*By End User/Applications
*By Technology
*By Region

The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

Key Topic Covered in this Report
*Market Growth Opportunities
*Leading Market Players
*Market Size and Growth Rate
*Market Growth Drivers
*Company Market Share
*Market Trends and Technological

The E-Cigarette Market report highlight the economy, past and emerging trend of industry, and availability of basic resources. Furthermore, the market report explains development trend, analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out. In the end, the report makes some important proposals for a new project of E-Cigarette Market before evaluating its possibility.

Reasons to Purchase this Report
*Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
*Provision of market value (USD Billion) data for each segment and sub-segment
*Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
*Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
*Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
*Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
*The current as well as future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
*Includes an in-depth analysis of the market of various perspectives through Porter's five forces analysis
*Provides insight into the market through Value Chain
*Market dynamics scenario, along with growth opportunities of the market in the years to come
*6-month post sales analyst support

About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

Contact Us

Kenneth Research
Email: Sales@kennethresearch.com
Phone:  +1-(347)-627-0064

The post E-Cigarette Market key Insights Based on Product Type, End-use and Regional Demand Till 2025 appeared first on America News Hour .


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