Electronic Cigarette Market

Electronic Cigarette Market : Top
players are Njoy, British American
Tobacco, Nicotek, Reynolds American
Global Electronic Cigarette Market: Overview
Electronic cigarettes are gaining popularity across
the world as an alternative to traditional tobacco
filled cigarettes. They are battery-operated devices
containing liquid nicotine dissolved in a water and
propylene glycol solution. They heat that liquid
containing some specific flavor into a vapor, which
the user then inhales. Due to the seamless design of
electronic cigarettes and their disassociation with
the smoke created by conventional cigarettes, these
are considered to be less harmful to health. Players
in the global electronic cigarettes market are
experimenting with the design of their products to
boost their sales.
Some of the key players in the global electronic
cigarette market are Njoy, British American
Tobacco, Nicotek, Reynolds American, Altria,
Vapor, and Lorillard.
This research report provides an in-depth analysis
of the global electronic cigarette market and its
affiliated industries. It offers essential insights into
the historic, current, and estimated data and trends
of the market in terms of both volume and value. It
also covers information about the exports and
imports, price dynamics, and turnover of the
electronic cigarette industry. An in-depth analysis of
key factors impacting the growth of the market is
also included in the report. The report profiles
prominent players in the global market along with
their business strategies, revenue generation, latest
developments, and contact information.
Global Electronic Cigarette Market: Drivers and
Restraints
The ban on public smoking across several countries
worldwide along with the intensification of antismoking campaigns is a boon to the global
electronic cigarette market. A commonly cited
driver of the market is the less hazardous effect of
electronic cigarettes as compared to regular
cigarettes along with the rising awareness regarding
the ill-effects of smoking. The availability of a
multitude of flavors and nicotine levels is also
playing a vital role in the growth of the global
market. Moreover, the rising prices of regular
cigarettes and enjoyment of the experience of
electronic cigarettes use are augmenting the
market.
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Key highlights of this report
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Overview of key market forces propelling and
restraining market growth
Up-to-date analyses of market trends and
technological improvements
Pin-point analyses of market competition
dynamics to offer you a competitive edge
An analysis of strategies of major competitors
An array of graphics and SWOT analysis of
major industry segments
Detailed analyses of industry trends
A well-defined technological growth map with
an impact-analysis
Offers a clear understanding of the competitive
landscape and key product segments
However, several government organizations do not
approve of electronic cigarettes as smoking
cessation tools and therefore are imposing stringent
regulations on their manufacturing. For instance, in
May 2016, the U.S. Food and Drug Administration
(FDA) announced that electronic cigarettes and
other tobacco products such as cigars and hookahs
will be treated just like cigarettes and therefore,
their manufacturers will have to seek marketing
approval for their products from FDA. The
organization has also banned sales of such products
to people under 18. Hence, such regulations are
adversely affecting the growth of the market.
Global Electronic Cigarette Market: Region-wise
Outlook
The regional markets meticulously examined in the
research report are North America, Asia Pacific,
Europe, and Rest of the World. The growth of Asia
Pacific is primarily fuelled by the increasing demand
for electronic cigarettes in countries such as China,
Malaysia, and South Korea. The high inclination
towards tobacco in these countries and rising
disposable income are working in favor of the
growth of the region. Europe will be a prominent
market throughout the forecast period, with
countries such as the U.K., Germany, Poland, Russia,
France, and Italy being major contributors. The
North America market for electronic cigarettes will
be centralized in the U.S.
Global Electronic Cigarette Market: Competitive
Landscape
Several players in the global electronic cigarette
market are adopting aggressive marketing messages
to promote their products as safe and beneficial
and to enhance their visibility. With the rising
consumer demand for new and impactful sensory
experiences, manufacturers are developing exotic
and unique flavors of electronic cigarettes in order
to stay relevant in the market. Some of the key
players in the global electronic cigarette market are
Njoy, British American Tobacco, Nicotek, Reynolds
American, Altria, Vapor, and Lorillard.
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Electronic Cigarette Market : Top players are Njoy, British American Tobacco, Nicotek, Reynolds American

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