Investor Alert

April 3, 2020, 7:43 p.m. EDT

North America E-Cigarette Market 2020-2025: Size, Share, Report and Industrial Manufacturers

Watchlist Relevance

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

or Cancel Already have a watchlist? Log In

Apr 03, 2020 (SUPER MARKET RESEARCH via COMTEX) -- According to the latest report by IMARC Group, titled " North America E-Cigarette Market : Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025", the North America e-cigarette market size reached a value of US$ 6.8 Billion in 2019. E-cigarettes, also known as e-cigs, e-hookahs and vape pens, are battery-operated devices that are manufactured using a cartridge, mouthpiece, atomizer and battery. These cigarettes contain solutions of nicotine, propylene glycol and flavorings, which provide a sensation similar to tobacco smoking. They are cost-effective, easily available and resemble cigars, pipes or USB memory sticks. Owing to these advantages, they are increasingly being adopted by young adults in the North American region.

Some of the key players are Philip Morris International Inc. NYSE: (PM), Altria Group Inc. NYSE: (MO), British American Tobacco PLC, Japan Tobacco, Inc., Imperial Tobacco Group, International Vapor Group, Nicotek LLC, NJOY Inc., Reynolds American Inc., VMR Products, LLC, MCIG Inc., ITC Limited, J WELL France.

Request Free Sample Report: https://www.imarcgroup.com/north-america-e-cigarette-market/requestsample s

As e-cigarettes are considered safer than conventional cigarettes, they are gaining traction in North America. In addition to this, the growing awareness about the harmful effects of tobacco and increasing health concerns among the population have boosted the overall sales of e-cigarettes in the region. Furthermore, the easy availability of a wide variety of flavors is further catalyzing the market growth. Leading manufacturers in the industry are offering customization in flavors and investing in innovative promotional campaigns to expand their consumer base in the region. Looking forward, IMARC Group expects the market to reach a value of US$ 18.4 Billion by 2025, registering a CAGR of 18.2% during 2020-2025.

Market Breakup by Product:

  • Modular E-Cigarette

  • Rechargeable E-Cigarette

  • Next Generation E-Cigarette

  • Disposable E-Cigarette

Market Breakup by Flavour:

  • Tobacco

  • Botanical

  • Fruit

  • Sweet

  • Beverages

  • Others

Market Breakup by Battery Mode:

  • Automatic E-Cigarette

1 2
This Story has 0 Comments
Be the first to comment

Story Conversation

Commenting FAQs »
Link to MarketWatch's Slice.