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E-Cigarettes Global Market Report 2020 Including: By Product Type: 1) By Product Type: Disposable; Rechargable; Modular; 2) By Composition Used: Tobacco; Flavors; Nicotine-free; 3) By Distribution Channel: Specialist E-cig Shops; Online; Supermarkets; Tobacconist; Others Covering: Philip Morris International; MCIG Inc.; Altria Group Inc.; British American Tobacco Plc; Japan Tobacco, Inc.

Published on: Feb 2020 | From USD $4000 | Published By: THE BUSINESS RESEARCH COMPANY | Number Of Pages: 200

The e-cigarettes market consists of sales of e-cigarettes. E-cigarette is a handheld battery-operated electronic device that contains a solution of nicotine, glycerine and flavorings which turns into a mist that can be inhaled by user. These are available in various flavors such as mint, menthol and chocolate.

The global e-cigarettes market was worth $ 11.73 billion in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 17% and reach $21.4 billion by 2023.

The e-cigarettes market covered in this report is segmented by product type into disposable, rechargable, modular. It is also segmented by composition into tobacco, flavors, nicotine-free and by distribution channel into specialist e-cig shops, online, supermarkets, tobacconist, others.

Rising awareness of health issues caused by smoking conventional tobacco cigarettes among smoking population is driving the growth of the e-cigarettes market. Conventional tobacco cigarettes release toxic compounds that adversely affect the health of the individual. The e-cigarettes are less toxic and safer compared to conventional tobacco cigarettes. For instance, in December 2018, British American Tobacco company released the Vype iSwitch and Vype iSwitch Maxx based on Puretech blade technology, involves using an ultra-slim stainless-steel blade to heat e-liquid and create vapor. The vapor products do not burn tobacco, the vapor contains significantly lower levels of toxicants in the smoke created when burning tobacco. Therefore, e-cigarettes have reduced risk properties compared to traditional cigarettes.

Increased government regulations on the ban on e-cigarettes is restraining the growth of the e-cigarettes market. Many countries have banned the sale and manufacture of e-cigarettes to protect the young people and children from the harmful effects and addiction of e-cigarettes. For instance, in December 2019, Indian government has passed prohibition of electronic cigarettes (production, manufacture, sale, distribution, import, export, transport, storage and advertisement) bill 2019 that imposed the ban of e-cigarettes. The government banned the e-cigarettes as the manufacturing companies were promoting them as a way to get people out of smoking habits but research studies have shown that most of the people are addicted to it.

Increasing number of mergers and acquisitions between traditional cigarette and e-cigarette manufacturers is trending in the e-cigarettes market. Traditional cigarette manufacturing companies and e-cigarette manufacturers are collaborating for product development or to improve their presence in the global market. For instance, in July 2017, British American Tobacco plc, (BAT) an American British multinational cigarette and tobacco manufacturing company, acquired Reynolds American Inc. for $49 billion. The acquisition favored the BAT to have a stable presence in high growth emerging markets and high profitability developed markets. Reynolds American Inc., an American tobacco company that manufactures tobacco products and e-cigarettes.

In June 2018, Philip Morris International Inc. (PMI), a Swiss-domiciled multinational cigarette and tobacco manufacturing company, entered strategic collaboration with Parallax Development Corp. (Parallax). The agreement focused on development and commercialization of an effective alternative nicotine-delivery platforms that uses the maximum advantage of the most advanced technologies in pulmonary medicine. Parallax Development Corp., is a life sciences development company focused on developing an innovative, multi-patented platform for delivering nicotine to smokers in the safest ways possible.

Major players in the market are Philip Morris International, MCIG Inc., Altria Group Inc., British American Tobacco plc, Japan Tobacco, Inc., Imperial Tobacco Group, Njoy Inc, International Vapor Group, Reynolds American Inc, VMR Product

E-Cigarettes Market Global Report 2020 from The Business Research Company provides the strategists, marketers and senior management with the critical information they need to assess the global e-cigarettes market.

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Description:
Where is the largest and fastest growing market for the e-cigarettes? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The E-Cigarettes market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider e-cigarettes market, and compares it with other markets.
• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market and forecasting the future. Drivers and restraints looks at the external factors supporting and controlling the growth of the market.
• Market segmentations break down market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers all the regions, key developed countries and major emerging markets. It draws comparisons with country populations and economies to understand the importance of the market by country and how this is changing.
• Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section highlights the likely future developments in the market and suggests approaches companies can take to exploit this.
• The e-cigarettes market section of the report gives context. It compares the e-cigarettes market with other segments of the e-cigarettes market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, e-cigarettes indicators comparison.

Scope

Markets Covered: By Product Type: 1) By Product Type: Disposable; Rechargable; Modular 2) By Composition Used: Tobacco; Flavors; Nicotine-free 3) By Distribution Channel: Specialist E-cig Shops; Online; Supermarkets; Tobacconist; Others

Companies Mentioned: Philip Morris International; MCIG Inc.; Altria Group Inc.; British American Tobacco plc; Japan Tobacco, Inc.

Countries: Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA and Australia

Regions: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Time series: Five years historic and forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, per capita expenditure.

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

1. Executive Summary
2. E-Cigarettes Market Characteristics
3. E-Cigarettes Market Size And Growth
3.1. Global E-Cigarettes Historic Market, 2015 - 2019, $ Billion
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
3.2. Global E-Cigarettes Forecast Market, 2019 - 2023F, 2025F, 2030F, $ Billion
3.2.1. Drivers Of The Market
3.2.2. Restraints On the Market
4. E-Cigarettes Market Segmentation
4.1. Global E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Disposable
Rechargable
Modular
4.2. Global E-Cigarettes Market, Segmentation By Composition Used, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Tobacco
Flavors
Nicotine-Free
4.3. Global E-Cigarettes Market, Segmentation By Distribution Channel, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Specialist E-cig Shops
Online
Supermarkets
Tobacconist
Others
5. E-Cigarettes Market Regional And Country Analysis
5.1. Global E-Cigarettes Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5.2. Global E-Cigarettes Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
6. Asia-Pacific E-Cigarettes Market
6.1. Asia-Pacific E-Cigarettes Market Overview
6.2. Asia-Pacific E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
7. China E-Cigarettes Market
7.1. China E-Cigarettes Market Overview
7.2. China E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F,$ Billion
8. India E-Cigarettes Market
8.1. India E-Cigarettes Market Overview
8.2. India E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
9. Japan E-Cigarettes Market
9.1. Japan E-Cigarettes Market Overview
9.2. Japan E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
10. Australia E-Cigarettes Market
10.1. Australia E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
11. Indonesia E-Cigarettes Market
11.1. Indonesia E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
12. South Korea E-Cigarettes Market
12.1. South Korea E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
13. Western Europe E-Cigarettes Market
13.1. Western Europe E-Cigarettes Market Overview
13.2. Western Europe E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
14. UK E-Cigarettes Market
14.1. UK E-Cigarettes Market Overview
14.2. UK E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
15. Germany E-Cigarettes Market
15.1. Germany E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
16. France E-Cigarettes Market
16.3. France E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
17. Eastern Europe E-Cigarettes Market
17.1. Eastern Europe E-Cigarettes Market Overview
17.2. Eastern Europe E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
18. Russia E-Cigarettes Market
18.1. Russia E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
19. North America E-Cigarettes Market
19.1. North America E-Cigarettes Market Overview
19.2. North America E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
20. USA E-Cigarettes Market
20.1. USA E-Cigarettes Market Overview
20.2. USA E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
21. South America E-Cigarettes Market
21.1. South America E-Cigarettes Market Overview
21.2. South America E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
22. Brazil E-Cigarettes Market
22.1. Brazil E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
23. Middle East E-Cigarettes Market
23.1. Middle East E-Cigarettes Market Overview
23.2. Middle East E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
24. Africa E-Cigarettes Market
24.1. Africa E-Cigarettes Market Overview
24.2. Africa E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
25. E-Cigarettes Market Competitive Landscape And Company Profiles
25.1. E-Cigarettes Market Competitive Landscape
25.2. E-Cigarettes Market Company Profiles
25.2.1. Philip Morris International
25.2.1.1. Overview
25.2.1.2. Products and Services
25.2.1.3. Strategy
25.2.1.4. Financial Performance
25.2.2. MCIG Inc.
25.2.2.1. Overview
25.2.2.2. Products and Services
25.2.2.3. Strategy
25.2.2.4. Financial Performance
25.2.3. Altria Group Inc.
25.2.3.1. Overview
25.2.3.2. Products and Services
25.2.3.3. Strategy
25.2.3.4. Financial Performance
25.2.4. British American Tobacco plc
25.2.4.1. Overview
25.2.4.2. Products and Services
25.2.4.3. Strategy
25.2.4.4. Financial Performance
25.2.5. Japan Tobacco, Inc.
25.2.5.1. Overview
25.2.5.2. Products and Services
25.2.5.3. Strategy
25.2.5.4. Financial Performance
26. Key Mergers And Acquisitions In The E-Cigarettes Market
27. E-Cigarettes Market Trends And Strategies
28. E-Cigarettes Market Future Outlook and Potential Analysis
29. Appendix
29.1. Abbreviations
29.2. Currencies
29.3. Research Inquiries
29.4. The Business Research Company
29.5. Copyright And Disclaimer

Table 1: Global Historic Market Growth, 2015-2019, $ Billion
Table 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 3: Global E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 4: Global E-Cigarettes Market, Segmentation By Composition Used, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 5: Global E-Cigarettes Market, Segmentation By Distribution Channel, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 6: Global E-Cigarettes Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 7: Global E-Cigarettes Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 8: Asia-Pacific, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 9: China, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 10: India, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 11: Japan, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 12: Australia, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 13: Indonesia, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 14: South Korea, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 15: Western Europe, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 16: UK, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 17: Germany, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 18: France, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 19: Eastern Europe, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 20: Russia, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 21: North America, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 22: USA, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 23: South America, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 24: Brazil, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 25: Middle East, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 26: Africa, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 27: Philip Morris International Financial Performance
Table 28: MCIG Inc. Financial Performance
Table 29: Altria Group Inc. Financial Performance
Table 30: British American Tobacco plc Financial Performance
Table 31: Japan Tobacco, Inc. Financial Performance


Figure 1: Global Historic Market Growth, 2015-2019, $ Billion
Figure 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Figure 3: Global E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Figure 4: Global E-Cigarettes Market, Segmentation By Composition Used, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Figure 5: Global E-Cigarettes Market, Segmentation By Distribution Channel, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Figure 6: Global E-Cigarettes Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Figure 7: Global E-Cigarettes Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Figure 8: Asia-Pacific, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Figure 9: China, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Figure 10: India, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Figure 11: Japan, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Figure 12: Australia, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Figure 13: Indonesia, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Figure 14: South Korea, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Figure 15: Western Europe, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Figure 16: UK, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Figure 17: Germany, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Figure 18: France, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Figure 19: Eastern Europe, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Figure 20: Russia, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Figure 21: North America, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Figure 22: USA, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Figure 23: South America, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Figure 24: Brazil, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Figure 25: Middle East, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Figure 26: Africa, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Figure 27: Philip Morris International Financial Performance
Figure 28: MCIG Inc. Financial Performance
Figure 29: Altria Group Inc. Financial Performance
Figure 30: British American Tobacco plc Financial Performance
Figure 31: Japan Tobacco, Inc. Financial Performance

SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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