logo
logo
Sign in

E-Cigarettes & Vaporizer Market 2021 | Omicron-Covid19 Updated: Industry Analysis, Segments, Top Key Players, Drivers and Trends

avatar
Cassie Tyler
E-Cigarettes & Vaporizer Market 2021 | Omicron-Covid19 Updated: Industry Analysis, Segments, Top Key Players, Drivers and Trends

 E-Cigarettes & Vaporizer Market Analysis volume is expected to grow at a CAGR of more than 25% from 2016 to 2021. North America is accounting for more than 45 % market share and thus is the largest market of E-Cigarettes & Vaporizer in the world. Asia Pacific market is expected to grow at a highest CAGR over the forecast period 2016 – 2021.  

E-Cigarettes & Vaporizer Market Competitive Analysis:

​The role of innovation is estimated to become even more important for progress as the market grows. The improvement in trade and distribution policies is further anticipated to motivate the market's development in the upcoming period. The expansion of geographical footprint is estimated to tap into undiscovered segments is likely to have a favorable effect on the market developments. The effect of novelty and effective pricing policies will help the global market return to an optimal functioning level in the forecast period. The market is estimated to profit from the contenders' overall contribution who are having different fortes for growth. The buoyancy in market sentiment will act as a tool for future growth. The investment trend in the market is projected to display a trend of mergers and acquisitions. The role of government bodies is estimated to be essential to the development of the market. The presence of online channels is predicted to enhance the market's advancement in the upcoming years.

The important players in the e-cigarettes & vaporizer market are Liquideu, Vape Escapes, Pacific Smoke International, Hubbly Bubbly, Puff Ecig, Nice Vapor., Simple Vape Co. London Ltd, Smokio., Dash Vapes, And Vapor Line.

E-Cigarettes & Vaporizer Market Segmentation:

The segmentation of the e-cigarettes & vaporizer market is carried out on the basis of product type and region. The product type segment of the e-cigarettes & vaporizer market consists of rechargeable e-cigarette, disposable e-cigarette, ego and tanks, personal vaporizers and mods. The region segment of the e-cigarettes & vaporizer market consists of Europe, Asia Pacific, North America, and other lucrative regional markets.

Detailed Regional Analysis:

The regional examination of the e-cigarettes & vaporizer market consists of Europe, Asia Pacific, North America, and other lucrative regional markets. The North American e-cigarettes & vaporizer market leads the global market, with the U.S. being the principal buyer. The North American region is estimated to be the top contributor in the forecast period as well due to the increased preference in the region for smoking. The Asia Pacific e-cigarettes & vaporizer market is forecasted to progress at a CAGR, reporting for more than 20% of the worldwide e-cigarette market worth by 2021. A significant income flow will be detected from China and India due to improved awareness and preference for the product in the coming period. The European region's e-cigarettes & vaporizer market will also demonstrate strong growth due to improved spending potential and accessibility to an improved product range.

Industry Updates:

Mar 2021 Chinese tobacco management rules are to be revised to reinforce supervision and dispensation of e-cigarettes and other new tobacco products. Stocks of e-cigarette and e-vapor businesses were hit after the official declaration was published recently. A clause is intended to be added to the Detailed Rules for the Application of the Tobacco Patent Sales Law of China as Article 65, expressing that rules on e-cigarettes and other new tobacco products shall be applied regarding the pertinent provisions on cigarettes in the regulations

July 2020 Russia accepted new adjustments to the Tobacco Control Law introduced by Russia's Parliament. The main push of the novel adjustments is to unify the control of tobacco and other nicotine products. While unification of regulation is logical, and while the amendments do acknowledge that there are different types of technologies involved, they are all treated in the same manner as tobacco, even though some technologies likely have less risky health effects.

Know More about the Report: https://www.marketresearchfuture.com/reports/global-e-cigarette-vaporizer-market-949

About Market Research Future:

Market Research Future (MRFR) is a world-renowned market research company that offers a wide range of services, complete with accurate and precise analysis about diverse markets, sub-markets and target consumers. Our approach is a combination of extensive information and multiple data sources that help provide an exhaustive comprehension about the latest major developments to the client, in addition to future events and what measures and decisions to take on the basis of the same.

Our fast-emerging market research firm is armed with an adept research analysts’ team that focuses on gathering useful data and analytics in terms of economic and technological advances. Our proficient analysts conduct industrial visits in a bid to achieve reliable and accurate information from established market participants. One of our foremost objectives is to keep the client well-versed with all the lucrative opportunities as well as challenges surrounding various global markets. We offer step-by-step guidance to our clients, through consulting and strategic services, enabling them to arrive at a practical and effective decision.

Contact Us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street, 5Th Floor,

New York, New York 10013

United States of America

+1 628 258 0071

Email: [email protected]

collect
0
avatar
Cassie Tyler
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more