E-Cigarettes Global Market Report 2022 – By Product Type (Disposable, Rechargable, Modular), By Composition Used (Tobacco, Flavors, Nicotine-free), By Distribution Channel (Specialist E-Cig Shops, Online, Supermarkets, Tobacconist, Other Distribution Channels) – Market Size, Trends, And Global Forecast 2022-2026

Starting Price : $4000.00 | Pages : 150 | Published : February 2022 | SKU CODE : 7274 | Delivery Time: 2-3 business days | Format :


The e-cigarettes market consists of sales of e-cigarettes. An E-cigarette is a handheld battery-operated electronic device that contains a solution of nicotine, glycerine, and flavorings which turns into a mist that can be inhaled by the user. These are available in various flavors such as mint, menthol, and chocolate.

The main product types of e-cigarettes are disposable, rechargeable, modular. A disposable product is intended to be thrown away after use. The composition used is tobacco, flavors, nicotine-free. The distribution channels include specialist e-cig shops, online, supermarkets, tobacconists, others.

The global E-cigarettes market is expected to grow from $18.15 billion in 2021 to $21.63 billion in 2022 at a compound annual growth rate (CAGR) of 19.2%. The growth in the E-cigarettes market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The E-cigarettes market is expected to reach $38.53 billion in 2026 at a CAGR of 15.5%.

Rising awareness of health issues caused by smoking conventional tobacco cigarettes among the smoking population is driving the growth of the E-cigarettes market. Conventional tobacco cigarettes release toxic compounds that adversely affect the health of the individual. The e-cigarettes are less toxic and safer compared to conventional tobacco cigarettes. For instance, the British American Tobacco company released the Vype iSwitch and Vype iSwitch Maxx based on Puretech blade technology, which involves using an ultra-slim stainless-steel blade to heat e-liquid and create vapor. The vapor products do not burn tobacco, the vapor contains significantly lower levels of toxicants in the smoke created when burning tobacco. Therefore, e-cigarettes have reduced risk properties compared to traditional cigarettes.

Increased government regulations on the ban on e-cigarettes are restraining the growth of the E-cigarettes market. Many countries have banned the sale and manufacture of e-cigarettes to protect young people and children from the harmful effects and addiction of e-cigarettes. For instance, in December 2019, the Indian government has passed the prohibition of electronic cigarettes (production, manufacture, sale, distribution, import, export, transport, storage, and advertisement) bill 2019 that imposed the ban on e-cigarettes. The government banned the e-cigarettes as the manufacturing companies were promoting them as a way to get people out of smoking habits but research studies have shown that most people are addicted to them.

An increasing number of mergers and acquisitions between traditional cigarette and e-cigarette manufacturers is trending in the E-cigarettes market. Traditional cigarette manufacturing companies and e-cigarette manufacturers are collaborating for product development or to improve their presence in the global market. For instance, British American Tobacco plc, (BAT) an American British multinational cigarette and tobacco manufacturing company, acquired Reynolds American Inc. for $49 billion. The acquisition favored BAT to have a stable presence in high-growth emerging markets and high profitability developed markets. Reynolds American Inc is an American tobacco company that manufactures tobacco products and e-cigarettes.

In August 2019, Philip Morris, Swiss-American multinational cigarette and tobacco manufacturing company merged with Altria’s for an undisclosed amount. This acquisition is aimed at dominating the fast-growing electronic-cigarette market. Altria Group, Inc is a US-based company and one of the world's largest producers and marketers of tobacco, and cigarettes.

Major players in the E-cigarettes market are Philip Morris International, MCIG Inc, Altria Group Inc, British American Tobacco plc, Japan Tobacco Inc, Imperial Tobacco Group, Njoy Inc, International Vapor Group, Reynolds American Inc, and VMR Product.

The regions covered in the E-cigarettes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The countries covered in the E-cigarettes market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.

The global E-cigarettes market is segmented -

1) By Product Type: Disposable, Rechargable, Modular

2) By Composition Used: Tobacco, Flavors, Nicotine-Free

3) By Distribution Channel: Specialist E-Cig Shops, Online, Supermarkets, Tobacconist, Others

    Table Of Contents

    1. Executive Summary

    2. E-Cigarettes Market Characteristics

    3. E-Cigarettes Market Size And Growth

    3.1. Global E-Cigarettes Historic Market, 2016 - 2021, $ Billion

    3.1.1. Drivers Of The Market

    3.1.2. Restraints On The Market

    3.2. Global E-Cigarettes Forecast Market, 2021 - 2023F, 2026F, 2031F, $ Billion

    3.2.1. Drivers Of The Market

    3.2.2. Restraints On the Market

    4. E-Cigarettes Market Segmentation

    4.1. Global E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion

    Disposable

    Rechargable

    Modular

    4.2. Global E-Cigarettes Market, Segmentation By Composition Used, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion

    Tobacco

    Flavors

    Nicotine-Free

    4.3. Global E-Cigarettes Market, Segmentation By Distribution Channel, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion

    Specialist E-cig Shops

    Online

    Supermarkets

    Tobacconist

    Other Distribution Channels

    5. E-Cigarettes Market Regional And Country Analysis

    5.1. Global E-Cigarettes Market, Split By Region, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion

    5.2. Global E-Cigarettes Market, Split By Country, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion

    6. Asia-Pacific E-Cigarettes Market  

    6.1. Asia-Pacific E-Cigarettes Market Overview  

    6.2. Asia-Pacific E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion

    7. China E-Cigarettes Market  

    7.1. China E-Cigarettes Market Overview  

    7.2. China E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F,$ Billion

    8. India E-Cigarettes Market  

    8.1. India E-Cigarettes Market Overview  

    8.2. India E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion

    9. Japan E-Cigarettes Market  

    9.1. Japan E-Cigarettes Market Overview  

    9.2. Japan E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion

    10. Australia E-Cigarettes Market  

    10.1. Australia E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion

    11. Indonesia E-Cigarettes Market  

    11.1. Indonesia E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion

    12. South Korea E-Cigarettes Market  

    12.1. South Korea E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion

    13. Western Europe E-Cigarettes Market  

    13.1. Western Europe E-Cigarettes Market Overview

    13.2. Western Europe E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion

    14. UK E-Cigarettes Market  

    14.1. UK E-Cigarettes Market Overview

    14.2. UK E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion

    15. Germany E-Cigarettes Market  

    15.1. Germany E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion

    16. France E-Cigarettes Market  

    16.3. France E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion

    17. Eastern Europe E-Cigarettes Market  

    17.1. Eastern Europe E-Cigarettes Market Overview

    17.2. Eastern Europe E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion

    18. Russia E-Cigarettes Market  

    18.1. Russia E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion

    19. North America E-Cigarettes Market  

    19.1. North America E-Cigarettes Market Overview

    19.2. North America E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion

    20. USA E-Cigarettes Market  

    20.1. USA E-Cigarettes Market Overview

    20.2. USA E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion

    21. South America E-Cigarettes Market  

    21.1. South America E-Cigarettes Market Overview

    21.2. South America E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion

    22. Brazil E-Cigarettes Market  

    22.1. Brazil E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion

    23. Middle East E-Cigarettes Market  

    23.1. Middle East E-Cigarettes Market Overview

    23.2. Middle East E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion

    24. Africa E-Cigarettes Market  

    24.1. Africa E-Cigarettes Market Overview

    24.2. Africa E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion

    25. E-Cigarettes Market Competitive Landscape And Company Profiles

    25.1. E-Cigarettes Market Competitive Landscape

    25.2. E-Cigarettes Market Company Profiles

    25.2.1. Philip Morris International

    25.2.1.1. Overview

    25.2.1.2. Products and Services

    25.2.1.3. Strategy

    25.2.1.4. Financial Performance

    25.2.2. MCIG Inc.

    25.2.2.1. Overview

    25.2.2.2. Products and Services

    25.2.2.3. Strategy

    25.2.2.4. Financial Performance

    25.2.3. Altria Group Inc.

    25.2.3.1. Overview

    25.2.3.2. Products and Services

    25.2.3.3. Strategy

    25.2.3.4. Financial Performance

    25.2.4. British American Tobacco plc

    25.2.4.1. Overview

    25.2.4.2. Products and Services

    25.2.4.3. Strategy

    25.2.4.4. Financial Performance

    25.2.5. Japan Tobacco, Inc.

    25.2.5.1. Overview

    25.2.5.2. Products and Services

    25.2.5.3. Strategy

    25.2.5.4. Financial Performance

    26. Key Mergers And Acquisitions In The E-Cigarettes Market

    27. E-Cigarettes Market Trends And Strategies

    28. E-Cigarettes Market Future Outlook and Potential Analysis

    29. Appendix

    29.1. Abbreviations

    29.2. Currencies

    29.3. Research Inquiries

    29.4. The Business Research Company

    29.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2016-2021, $ Billion
  • Table 2: Global Forecast Market Growth, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Table 3: Global E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Table 4: Global E-Cigarettes Market, Segmentation By Composition Used, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Table 5: Global E-Cigarettes Market, Segmentation By Distribution Channel, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Table 6: Global E-Cigarettes Market, Split By Region, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Table 7: Global E-Cigarettes Market, Split By Country, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Table 8: Asia-Pacific, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Table 9: China, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Table 10: India, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Table 11: Japan, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Table 12: Australia, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Table 13: Indonesia, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Table 14: South Korea, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Table 15: Western Europe, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Table 16: UK, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Table 17: Germany, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Table 18: France, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Table 19: Eastern Europe, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Table 20: Russia, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Table 21: North America, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Table 22: USA, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Table 23: South America, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Table 24: Brazil, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Table 25: Middle East, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Table 26: Africa, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Table 27: Philip Morris International Financial Performance
  • Table 28: MCIG Inc. Financial Performance
  • Table 29: Altria Group Inc. Financial Performance
  • Table 30: British American Tobacco plc Financial Performance
  • Table 31: Japan Tobacco, Inc. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2016-2021, $ Billion
  • Figure 2: Global Forecast Market Growth, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Figure 3: Global E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Figure 4: Global E-Cigarettes Market, Segmentation By Composition Used, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Figure 5: Global E-Cigarettes Market, Segmentation By Distribution Channel, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Figure 6: Global E-Cigarettes Market, Split By Region, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Figure 7: Global E-Cigarettes Market, Split By Country, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Figure 8: Asia-Pacific, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Figure 9: China, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Figure 10: India, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Figure 11: Japan, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Figure 12: Australia, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Figure 13: Indonesia, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Figure 14: South Korea, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Figure 15: Western Europe, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Figure 16: UK, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Figure 17: Germany, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Figure 18: France, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Figure 19: Eastern Europe, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Figure 20: Russia, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Figure 21: North America, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Figure 22: USA, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Figure 23: South America, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Figure 24: Brazil, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Figure 25: Middle East, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Figure 26: Africa, E-Cigarettes Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2023F, 2026F, 2031F, $ Billion
  • Figure 27: Philip Morris International Financial Performance
  • Figure 28: MCIG Inc. Financial Performance
  • Figure 29: Altria Group Inc. Financial Performance
  • Figure 30: British American Tobacco plc Financial Performance
  • Figure 31: Japan Tobacco, Inc. Financial Performance
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