E-Cigarettes Market To Show Strong Growth & Demand | Altria Group, Inc., British American Tobacco, Imperial Brands

Global E-Cigarettes Market Size by Product Type (Disposable, Rechargeable, and Modular), by Flavor (Tobacco, Botanical, Fruit, Sweet, Beverage, and Others) and by Distribution Channel (Specialist E-Cig Shops, Online, Supermarkets, Tobacconist, and Others) and Regional Forecasts 2021-2027, The ‘ E-Cigarettes  market’ research report added by Report Ocean, is an in-depth analysis of the latest developments, market size, status, upcoming technologies, industry drivers, challenges, regulatory policies, with key company profiles and strategies of players. The research study provides market overview; E-Cigarettes  derived key statistics, based on the market status of the manufacturers and is a valuable source of guidance and direction for companies and individuals interested in E-Cigarettes  market size forecast, Get report to understand the structure of the complete fine points (Including Full TOC, List of Tables & Figures, Chart).

A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021

covid-19 scenario Market Behavior End Industry Behavior Expected Industry Recovery Timeline Expected Key Dynamic Business Impact Horizon
Fast recovery – Opening of economy by Q2 2020 xx xx xx xx xx
Gradual recovery – Opening of economy by Q3 2020 xx xx xx xx xx
Partial recovery – Partial opening of economy by Q3 2020 xx xx xx xx xx
Slow recovery – Opening of economy extended till Q4 2020 / Q1 2021 xx xx xx xx xx

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A systematic step framework for How to Tackle The Situation… “MITIGATE” | “SUSTAIN” | “GROW”: Business Strategy Recovery, Scenario and Planning

 

Key Segments Studied in the Global E-Cigarettes  Market

Global E-Cigarettes Market to reach USD 31.75 Billion by 2027. Global E-Cigarettes Market is valued approximately at USD 17.14 Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 9.2% over the forecast period 2021-2027. Electronic cigarette is a battery operated device which allows to inhale a vaporized nicotine solution to inhale. The objective is to provide sensation of inhaling tobacco smoke without the smoke. The growing need for adopting safer alternatives of normal cigarettes is the driving factor for market. Additionally, there are variety of flavors available such as: – menthol, chocolate etc. unlike traditional cigarette which is helpful in attracting customers and increase the growth of the market. These are cost effective compared to traditional cigarettes which is also a driving factor for the market. But regulations imposed on selling of e-vaping products in countries like US and India are restraining the market growth. For instance: – the state of New York and Michigan banned the sale of flavored e-cigarettes. The advertisement, promotion and levels of nicotine in e-cigarettes is also regulated. Ban in several Asian countries such as: – Philippines, Thailand, Vietnam etc. is also slowing the growth of the market. The modular sector holds various opportunities to further flourish in the market because they offer high level customization that allows consumers to combine and alter different features and parts to change the flavor and various device settings which are available at various price ranges.

By region the Market for global e-cigarettes is segmented into key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated with largest market share of over 40% in the year 2020. The presence of major market players is the reason for the region’s dominating market share. Asia Pacific is expected to grow with a significant CAGR because most of the e-cigarettes are imported from countries such as: – China, making it convenient to purchase in bulk quantities via online platforms.

Major   Market player included in this report are

  • Altria Group, Inc.
  • British American Tobacco
  • Imperial Brands
  • International Vapor Group
  • Japan Tobacco Inc.
  • NicQuid
  • JUUL Labs, Inc.
  • Philip Morris International Inc.
  • J. Reynolds Vapor Company
  • Shenzhen IVPS Technology Co., Ltd.

The objective of the study is to define   Market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the   Market. Additionally, the report shall also incorporate available opportunities in micro   Markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the   Market are explained below:

By Product Type:

  • Disposable
  • Rechargeable
  • Modular
  • By Flavor:
  • Tobacco
  • Botanical
  • Fruit
  • Sweet
  • Beverage
  • Others

By Distribution Channel:

  • Specialist E-cig Shops
  • Online
  • Supermarkets
  • Tobacconist
  • Others

Key Considerations for Market Forecast:

  • Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
  • Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
  • Pre- as well as post-COVID-19 market estimates
  • Quarterly impact analysis and updates on market estimates

 

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Market research is a defined process to collect information about customers, competitors, and everything that a business needs to understand to sustain and grow. It offers important analysis to distinguish and examine the market needs, size, and trends. Market research is generally divided into, primary research and/or secondary research. The process usually includes collection and interpretation of market data by using statistical and analytical techniques to support the decision making process. The report helps in identifying and tracking emerging players in the market and their portfolios, enhances decision making capabilities and helps to create effective counter strategies to gain competitive advantage. Market research reports provide in-depth analysis about the market conditions and requirements for effective decision making.

The report provides a snapshot of the global market size, segmentation data, marketing growth strategies, market share, export and import information, analysis and forecast of market trends, competition, domestic production, best sales prospects, statistical data, tariffs, regulations, distribution and business practices, end-user analysis, contact points and more. These research reports include information about competitive strategies, solutions, fact-based research, key takeaways, recommendations, market considerations, emerging business models and market opportunities for multiple segments of an industry. Market research reports assist in solving business problems and making better decisions to improve business as per the prevalent market trends.

What our reports offer:

  • Market share assessments for the regional and country-level segments
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  • Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
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Browse market information, tables and figures extent in-depth TOC, The latest independent research document on various market development activities and business strategies such as new product/services development, Joint Ventures, partnerships, mergers and acquisitions, etc. In order to provide a more informed view, a market company profiles include Business Overview, Product / Service Offerings, SWOT Analysis, Segment & Total Revenue, Gross Margin and % Market Share. This report explores market definitions, overview, classification, segmentation, inclusive of market type and applications followed by product specifications, manufacturing initiatives, pricing structures, raw material sourcing and supply chain analysis.

About Data Collection and Research Methodology: Majorly data is collected via primary sources that includes interviews and survey with industry experts from core and related industries, and manufacturers and part suppliers involved in supply chain. Additionally, secondary sources are also utilized like annual reports, whitepapers, press releases etc.

Geographical Breakdown: Regional level analysis of the market, currently covering North America, Europe, China & Japan

In-Depth Qualitative Analyses Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.

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Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis

 

  • Market size and growth rate during forecast period.
  • Key factors driving the Market.
  • Key market trends cracking up the growth of the Market.
  • Challenges to market growth.
  • Key vendors of Market.
  • Detailed SWOT analysis.
  • Opportunities and threats faces by the existing vendors in Global Market.
  • Trending factors influencing the market in the geographical regions.
  • Strategic initiatives focusing the leading vendors.
  • PEST analysis of the market in the five major regions.

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  • Market Analysis: To make this section robust, we help you identify industry size, growth rates, drivers, challenges, major players, and market forecasts and emerging trends.
  • Competitive Analysis: Understanding your competition is critical to your success. This section includes an analysis of your key competitors, their products / services, their differentiators, and market shares.
  • Target Market and Customers: Identifying and prioritizing specific target markets are another key part of your industry analysis where research is crucial. You need to think about demographics and buying behaviors of your customers? How can you best reach them? What kinds of challenges do they have? How do they like to be marketed?

Competitiveness Industry concentration – This is a measure of the number of firms in an industry and the size of the predominant firms in the industry. It indicates the nature of the competition. Identify the most important players in the industry. What percent of the market is controlled by the largest companies (for example, the four largest firms)? What is the market share of each major firm? What is the number of firms over a certain size? Is there a dominant industry leader? Who is it?

Key Points Covered in E-Cigarettes  Market Report: Study Explore COVID 19 Outbreak Impact Analysis

Global E-Cigarettes  Market Research Report
Section 1: Global E-Cigarettes   Industry Overview
Section 2: Global Economic Impact on E-Cigarettes   Industry
Section 3: Global Market Competition by Industry Producers
Section 4: Global Productions, Revenue (Value), according to Regions
Section 5: Global Supplies (Production), Consumption, Export, Import, geographically
Section 6: Global Productions, Revenue (Value), Price Trend, Product Type
Section 7: Global Market Analysis, on the basis of Application
Section 8: E-Cigarettes   Market Pricing Analysis
Section 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Section 10: Strategies and key policies by Distributors/Suppliers/Traders
Section 11: Key Marketing Strategy Analysis, by Market Vendors
Section 12: Market Effect Factors Analysis
Section 13: Global E-Cigarettes   Market Forecast

 

Continued….

……..and view more in complete table of Contents

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