E-Cigarettes / Vaping Industry Expected To Reach $29.39 billion By 2022

E-Cigarettes / Vaping Industry Expected To Reach $29.39 billion By 2022

E-Cigarettes (Vaping) Global Market Report 2020
Imperial Brands Is One Of The Largest Companies In The E-Cigarettes (Vaping) Market, According To TBRC’s Report (Companies: Altria Group, British American Tobacco, Imperial Brands, International Vapor Group, and Japan Tobacco)

The global e-cigarettes (vaping) market was valued at about $14.05 billion in 2018. North America e-cigarettes (vaping) market accounts for the largest share in the global e-cigarettes (vaping) market.

The e-cigarettes (vaping) market consists of sales of e-cigarettes and vaping products and related services. An e-cigarette is an electronic device that simulates cigarette smoking without the combustion of tobacco.

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The global e-cigarettes (vaping) market is expected to grow to $29.39 billion at a rate of about 20.3% through 2022. Growing awareness about the alternatives to tobacco smoking is driving the market for e-cigarettes. Smoking tobacco is addictive and is a major cause of diseases such as lung and liver cancer and heart disease. E-cigarettes act as a replacement to traditional cigarettes and use non-nicotine solutions to generate smoke.

Side effects caused due to use of e-cigarettes is acting as a restraint on the e-cigarette (vaping) market. The side effects of using e-cigarettes include nausea, vomiting, abdominal pain, itchiness, dry eyes, cough and nosebleeds.

Manufacturers of e-cigarettes are increasingly investing in the development of new types of coils for atomizers. An atomizer in an e-cigarette or vaping device is used to vaporize the liquid. Many manufacturers have developed atomizers that use nickel and titanium wires which can be coupled with high-wattage. The use of nickel and titanium wires produces thicker and dense smoke, and the higher electrical and thermal conductivities of the wires make the coil last longer. Nickel and titanium are also being coupled with other alloys to improve the vaping experience.

Major players in the market are Altria Group, British American Tobacco, Imperial Brands, International Vapor Group, and Japan Tobacco. Imperial Brands plc, formerly Imperial Tobacco Group plc, is a British multinational tobacco company headquartered in Bristol, United Kingdom.

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Few Points From Table of Contents:

1. Executive Summary

2. e-Cigarettes (Vaping) Market Characteristics

3. e-Cigarettes (Vaping) Market Size And Growth

3.1. Global e-Cigarettes (Vaping) Historic Market, 2014 – 2018, $ Billion

3.1.1. Drivers Of The Market

3.1.2. Restraints On The Market

3.2. Global e-Cigarettes (Vaping) Forecast Market, 2018 – 2022F, 2025F, 2030F, $ Billion

3.2.1. Drivers Of The Market

3.2.2. Restraints On the Market

4. e-Cigarettes (Vaping) Market Segmentation

4.1. Global e-Cigarettes (Vaping) Market, Segmentation By Product, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion

Disposable

Rechargeable

Modular Devices

4.2. Global e-Cigarettes (Vaping) Market, Segmentation By Distribution Channel, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion

Vape Shops

Online Supermarkets

Tobacconists

Others

5. e-Cigarettes (Vaping) Market Regional And Country Analysis

5.1. Global e-Cigarettes (Vaping) Market, Split By Region, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion

5.2. Global e-Cigarettes (Vaping) Market, Split By Country, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion

6. Asia-Pacific e-Cigarettes (Vaping) Market  

6.1. Asia-Pacific e-Cigarettes (Vaping) Market Overview  

6.2. Asia-Pacific e-Cigarettes (Vaping) Market, Segmentation By Product, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion

6.3. Asia-Pacific e-Cigarettes (Vaping) Market, Segmentation By Distribution Channel, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion

7. China e-Cigarettes (Vaping) Market  

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