Global E-Cigarette Market: Size & Forecast with Impact Analysis of COVID-19 and Forecast up to 2027

E-cigarettes are battery-powered devices that are considered less toxic than traditional cigarettes. Also known as e-cigs, e-vaping devices, vape pens and electronic cigarettes, these cigarettes consist of three main components, namely, a heating coil, battery and an e-liquid cartridge. These components help in delivering dosages of vaporized nicotine or flavored solutions to the users. In 2021, the global e-cigarette market was valued at US$20.40 billion, and is probable to reach US$54.10 billion by 2027.

Emergence of flavored e-cigarettes along with launch of economical HNB products, rising government initiatives to implement indoor smoking bans and escalating demand for different flavors & open vape systems by young population are some other factors that would propel the market growth for injectable in coming years. The e-cigarette market is projected to grow at a CAGR of 17.65%, during the forecast period of 2022-2027.

Scope of the Report

The report titled “Global E-Cigarette Market: By Product Type, By Category, By Composition, By Distribution Channel, By Region Size & Forecast with Impact Analysis of COVID-19 and Forecast up to 2027”, includes:

-- An in-depth analysis of the global e-cigarette market by product type, category, composition, distribution channel, etc.

-- The regional analysis of the e-cigarette market, including the following regions:

Asia Pacific( China, South Korea, and Rest of Asia Pacific)
North America (The US and Mexico)
Europe (Germany, UK, France, Italy, Spain and Rest of Europe)
Latin America
Middle East and Africa

-- Comprehensive information about emerging markets. This report analyses the market for various segments across geographies.

-- Provides an analysis of the COVID-19 impact on the global e-cigarette market, with post COVID impact analysis.

-- Assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall e-cigarette market has also been forecasted for the period 2022-2027, taking into consideration the previous growth patterns, the growth drivers, and the current and future trends.

-- Evaluation of the potential role of e-cigarette to improve the market status.

-- Identification of new technological developments, R&D activities, and collaborations occurring in the e-cigarette market.

-- In-depth profiling of the key players, including the assessment of the business overview, market strategies, regional and business segments of the leading players in the market.

-- The recent developments, mergers and acquisitions related to mentioned key players are provided in the market report.

-- The in-depth analysis provides an insight into the market, underlining the growth rate and opportunities offered in the business.