E-cigarette Market, By Composition Used (Tobacco, Flavors, and Nicotine-free), By Product (Completely Disposable Model, Rechargeable but Disposable Cartomizer, and Personalized Vaporizer), By Battery Mode (Automatic E-cigarette and Manual E-cigarette), and By Region (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa) - Trends, Analysis and Forecast till 2030

Report Code: PMI368019 | Publish Date: May 2024 | No. of Pages: 169

Global Ecigarette Market By Composition Overview

An e-cigarette also known as electronic cigarette, is a handheld battery-powered vaporizer without fire, ash, and smoky smell. It provides some of the behavioral aspects of smoking, including the hand-to-mouth action of smoking, but without burning tobacco. Basically, the conversion of liquid nicotine into a mist, or vapor is takes place that the user inhales. The electronic cigarettes do not contain all the harmful chemicals such as carbon monoxide and tar associated with smoking tobacco cigarettes.

Global Ecigarette Market By Composition Dynamics

Increasing awareness toward harmful effects of smoking traditional cigarettes is the major driving factor for the target market growth. In addition, cancer caused due to smoking is one of the major concerns across the globe which has augmented the target market growth. For instance, according to a data published by American Cancer Society Organization in 2015, almost half the deaths (48.5%) from 12 different types of cancer combined are attributable to cigarette smoking. Furthermore, various benefits provided by e-cigarettes over traditional cigarettes such as do not contain tobacco and many other toxins and carcinogens. This factor has upsurge the target market growth. Moreover, e-cigarette vendors are investing more in R&D activities to develop and innovate new flavors, compact vape designs, efficient battery packs, to remain competitive in the e-cigarette market which is propelling the target market growth. However, e-cigarettes can contain potentially harmful ingredients such as ultrafine particles that can be inhaled deep into the lungs and damage the lungs which could be a restraining factor for the target market growth. Also, flavorants such as diacetyl, a chemical in e-cigarettes could lead to to serious lung disease which could harm the target market growth over the forecast period. Moreover, inhaled e-cigarette nicotine increases heart rate and blood pressure which is anticipated to hamper the target market growth over the forecast period.

Global Ecigarette Market By Composition Segmentation

E-cigarette market is segmented based on composition used, product, battery mode, and region.

Based on composition used, the target market is segmented into tobacco, flavors, and nicotine-free. Based on product, the target market is segmented into completely disposable model, rechargeable but disposable cartomizer, and personalized vaporizer. Based on battery mode, the target market is segmented as automatic e-cigarette and manual e-cigarette.

Regional Insights:

Based on region the target market is segmented into North America, Europe, Asia-Pacific, Middle East and Africa. Europe is the dominating target market, led by countries, like the United Kingdom, Germany, France, and Russia. High demand from e-cigarette users in the age group of 30-44 years has boosted the target market in the region.

E-cigarette Market, By Composition Used:

  • Tobacco
  • Flavors
  • Nicotine-free

E-cigarette Market, By Product:

  • Completely Disposable Model
  • Rechargeable but Disposable Cartomizer
  • Personalized Vaporizer

E-cigarette Market, By Battery Mode:

  • Automatic E-cigarette
  • Manual E-cigarette

E-cigarette Market, By Region:

  • North America
    • North America E-cigarette Market, By Composition Used
    • North America E-cigarette Market, By Product
    • North America E-cigarette Market, By Battery Mode
    • North America E-cigarette Market, By Country
      • S.
      • Canada
    • Europe
      • Europe E-cigarette Market, By Composition Used
      • Europe E-cigarette Market, By Product
      • Europe E-cigarette Market, By Battery Mode
      • Europe E-cigarette Market, By Country
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
      • Asia Pacific
        • Asia Pacific E-cigarette Market, By Composition Used
        • Asia Pacific E-cigarette Market, By Product
        • Asia Pacific E-cigarette Market, By Battery Mode
        • Asia Pacific E-cigarette Market, By Country
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific                                                                                                                                                                                                                                                                                                                                                                                
        • Latin America
          • Latin America E-cigarette Market, By Composition Used
          • Latin America E-cigarette Market, By Product
          • Latin America E-cigarette Market, By Battery Mode
          • Latin America E-cigarette Market, By Country
            • Brazil
            • Mexico
            • Rest of Latin America
          • Middle East & Africa
            • Middle East & Africa E-cigarette Market, By Composition Used
            • Middle East & Africa E-cigarette Market, By Product
            • Middle East & Africa E-cigarette Market, By Battery Mode
            • Middle East & Africa E-cigarette Market, By Country
              • GCC
              • Israel
              • South Africa
              • Rest of Middle East & Africa

Global Ecigarette Market By Composition Key Players

Key players operating in the e-cigarette market includes Philip Morris International, Healthier Choices Management Corp (Ruthless Vapor Corp), MCIG Inc., ITC Limited, Altria Group Inc., British American Tobacco plc, Japan Tobacco, Inc., J WELL France, and Imperial Tobacco Group. In October 2019, Philip Morris International launched the IQOS v3 non-burning cigarette system.

Global Ecigarette Market By Composition Company Profile

  • Philip Morris International*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
  • Healthier Choices Management Corp (Ruthless Vapor Corp)
  • MCIG Inc.
  • ITC Limited
  • Altria Group Inc.
  • British American Tobacco plc
  • Japan Tobacco, Inc.
  • J WELL France
  • Imperial Tobacco Group

 “*” marked represents similar segmentation in other categories in the respective section

Global Ecigarette Market By Composition Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Preview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Composition Used
      • Market Snippet, By Product
      • Market Snippet, By Battery Mode
      • Market Snippet, By Region
    • Opportunity Map Analysis
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  4. Market Segmentation, By Composition Used, 2024 – 2034, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024 – 2034
      • Y-o-Y Growth Analysis (%), 2024 – 2034
      • Segment Trends
    • Tobacco
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
    • Flavors
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
    • Nicotine-free
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
  5. Market Segmentation, By Product, 2024 – 2034, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024 – 2034
      • Y-o-Y Growth Analysis (%), 2024 – 2034
      • Segment Trends
    • Completely Disposable Model
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
    • Rechargeable but Disposable Cartomizer
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
    • Personalized Vaporizer
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
  6. Market Segmentation, By Battery Mode, 2024 – 2034, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024 – 2034
      • Y-o-Y Growth Analysis (%), 2024 – 2034
      • Segment Trends
    • Automatic E-cigarette
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
    • Manual E-cigarette
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
  7. Global Market, By Region, 2024 – 2034, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024 – 2034
      • Y-o-Y Growth Analysis (%), 2024 – 2034
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Bn), By Composition Used, 2024 – 2034
      • Market Size and Forecast (US$ Bn), By Product, 2024 – 2034
      • Market Size and Forecast (US$ Bn), By Battery Mode, 2024 – 2034
      • Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Bn), By Composition Used, 2024 – 2034
      • Market Size and Forecast (US$ Bn), By Product, 2024 – 2034
      • Market Size and Forecast (US$ Bn), By Battery Mode, 2024 – 2034
      • Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Bn), By Composition Used, 2024 – 2034
      • Market Size and Forecast (US$ Bn), By Product, 2024 – 2034
      • Market Size and Forecast (US$ Bn), By Battery Mode, 2024 – 2034
      • Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Bn), By Composition Used, 2024 – 2034
      • Market Size and Forecast (US$ Bn), By Product, 2024 – 2034
      • Market Size and Forecast (US$ Bn), By Battery Mode, 2024 – 2034
      • Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Bn), By Composition Used, 2024 – 2034
      • Market Size and Forecast (US$ Bn), By Product, 2024 – 2034
      • Market Size and Forecast (US$ Bn), By Battery Mode, 2024 – 2034
      • Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  8. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  9. Company Profiles
    •  
      • Philip Morris International
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Healthier Choices Management Corp (Ruthless Vapor Corp)
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • MCIG Inc.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • ITC Limited
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Altria Group Inc.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • British American Tobacco plc
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Japan Tobacco, Inc.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • J WELL France
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Imperial Tobacco Group
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
  10. Section
    • Research Methodology
    • About Us
    • Contact

FAQs

The E-cigarette Market report segments the market basis into composition used, product, battery mode and region.

Increasing investments in next-generation tobacco products by key players globally is a factor expected to boost the growth of the target market in the near future.

North America holds the largest share in the e-cigarettes market.

The leading players operating in the E-cigarette Market include Philip Morris International, Healthier Choices Management Corp (Ruthless Vapor Corp), MCIG Inc., ITC Limited, Altria Group Inc., British American Tobacco plc, Japan Tobacco, Inc., J WELL France, and Imperial Tobacco Group.