Global E-cigarette and T-vapor Market Report, Share, and Forecast to 2025Posted by rekha on November 14th, 2019 “The Global E-cigarette and T-vapor Market growing at a significant CAGR over next seven years 2019-2025 due to high prevalence of tobacco related mortality and growing health concerns” The global E-cigarette and T-vapor market accounted for US$ XX Mn in 2018 and burgeoning over the forthcoming years. High prevalence of tobacco related mortality and growing health concerns, introduction of novel products by market players and awareness campaigns about health risks. However factors such as presence of substitute products are hampering the market growth. Global E-cigarette and T-Vapor market segmented on the basis of product type, component type, distribution channel and region. Request for sample report @ https://www.precisionbusinessinsights.com/request-sample?product_id=37957 E-cigarette dominate the Global E-cigarette and T-vapor Market Based on product type, global E-cigarette and T-Vapor market segmented into E-cigarette and T-Vapor. E-cigarette held considerable market growth during estimated period. Electronic cigarettes or e-cigarettes, e-vaporizers, or electronic nicotine delivery systems, are battery-operated devices that people use to inhale an aerosol, which naturally covers nicotine, flavorings, and other chemicals.E-cigarettes are prevalent among teens and are now the most commonly used form of tobacco among youth. Their easy availability, alluring advertisements, various e-liquid flavors, and the belief that they're safer than cigarettes have helped make them appealing to this age group. Asia Pacific Leads the Global E-cigarette and T-vapor market PBI’s global E-cigarette and T-vapor market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis.Asia Pacific accounted for larger revenue share in global E-cigarette and T-Vapor market with considerable CAGR. Asia Pacific is anticipated to witness considerable growth in this market. The growth in this region is due to government initiatives to curb tobacco abuse and promotion or marketing of e-cigarettes as an alternative. Also, China is the major contributor for the growth of the market in the region.
Strategic New Launches are the key strategies adopted by market players Global E-cigarette and T-vapor market further reveals that the key players increasingly adopting strategies such as launch of newer products, frequent product approvals, and long term alliance to improve market revenue share and gaining significant geographic presence across the region. For Instance, in Oct 2019, Altria launched Iqos tobacco device in US. The device heats the tobacco instead of burning it, avoiding the chemical process that occurs when smoking a cigarette that produces many harmful toxins. Key player’s profiles in the report are Altria Inc., Apollo Future Technology Limited, British American Tobacco Company, Eleaf Electronics Co., Ltd., Flavourtec SP. Z.O.O., Japan Tobacco Inc., JUUL Labs, International Vapor Group, Innokin Technology Co.Ltd., Molecule Labs Inc., Nicopure Labs LLC, NJOY Philip Morris International, Inc., PAX Labs, Inc. and VMR Products, LLC. Precision Business Insights (PBI) in its report titled “Global E-cigarette and T-Vapor Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period. Moreover, the report also includes the total revenue and volume for the market. Detailed Segmentation
Product Type o E-cigarette
o T-Vapor
Component Type o E-liquids
o Atomizers o Batteries
Distribution Channel o Online Distribution Channel o RetailDistribution Channel
o North America
o Europe
o Asia-Pacific
o Latin America
o Middle East and Africa (MEA)
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