Pod Vapes Market Set to Grow According to Forecasts

Posted by Preet on January 27th, 2020

Global Pod Vapes Market - A Report by Fact.MR

Fact.MR, in its latest business intelligence study, depicts the nuts and bolts of the global pod vapes market. The pod vapes market report presents detailed information regarding the drivers, restraints, opportunities and trends affecting market growth. Each segment along with its sub-segment is analyzed in terms of value and volume. Further, the pod vapes market report elaborates the market behavior of each vendor operating in the pod vapes market.

The pod vapes market is likely to remain moderately fragmented with leading market players focusing on their product portfolio expansion and R&D-driven collaboration with mid-sized companies that offer innovative and state-of-the-art products.

A recent study of Fact.MR estimates sales of pod vapes to reach 500 million units in 2019, and register a Y-o-Y growth of 18.5% over 2018. Growth of the pod vapes market can be attributed to the rising concerns about the adverse impact of smoking on health and availability of a multitude of flavored pod vapes.

The pod vapes market report considers the following years to present the overall market growth:

• History Year: 2013 - 2017
• Base Year: 2013
• Estimated Year: 2027
• Forecast Year: 2018 – 2027

Key findings of the pod vapes market study:

• Regional breakdown of the pod vapes market based on predefined taxonomy.
• Innovative manufacturing processes implemented by pod vapes market vendors in detail.
• Region-wise and country-wise fragmentation of the pod vapes market to grasp the revenue, and growth outlook in these areas.
• Changing preferences among consumers across various regions and countries.
• Factors (Positive and Negative) impacting the growth of the global pod vapes market.

On the basis of product, the pod vapes market study consists of:

• Open Pod Systems
• Closed Pod Systems

On the basis of nicotine concentration, the pod vapes market study incorporates:

• Up to 25 mg
• 25 mg – 50 mg
• Above 50 mg

On the basis of region, the pod vapes market study contains:

• North America (U.S., Canada)
• Latin America (Brazil, Mexico)
• Europe (U.K., Germany)
• APEJ (China, India)

To capitalize on the growing demand for pod vapes and e-cigarettes, numerous tobacco companies are venturing into the market with new product launches. A significant decline in the demand for cigarettes is prompting tobacco companies to enter the vaping market. Tobacco companies are leveraging the positive consumer perception of pod vapes to maximize their profits. In order to market vaping products, multiple tobacco companies are funding researches to compare the harmful effects of e-cigarettes and normal cigarettes.

British American Tobacco recently conducted a study wherein the company used 3D modeling to compare the effects of cigarettes and e-cigarettes on the lungs. The study concluded a notable reduction in lung inflammation after the use of e-cigarettes. Along similar lines, numerous different researches are identifying pod vapes as a healthy alternative to cigarettes. Consequentially, a growing number of leading tobacco players such as Altria, Reynolds America, and British American Tobacco are launching their own line of pod vapes to consolidate their position in the market.

Key players analyzed in the pod vapes market study:

• British American Tobacco Plc
• JUUL Labs, Inc.
• Imperial Brands Plc
• Shenzhen iSmoka Electronics Co., Ltd
• Japan Tobacco, Inc.
• Shenzhen Joye Technology Co., Ltd
• Flavourart srl
• Ballantyne Brands LLC
• Mig Vapor LLC
• Apollo Future Technology LTD
• Solace Technologies
• VAPO – Vape NZ
• Altria Group, Inc.

Queries addressed in the pod vapes market report:

• How has the global pod vapes market grown over the historic period of 2013-2017?
• Why are the pod vapes market players targeting region for increased product sales?
• What patented technologies are the players utilizing in the global pod vapes market?
• Which regions are displaying the fastest growth in the pod vapes market?
• What are the underlying micro- macroeconomic factors affecting the global pod vapes market?

Want to know more about the report or any specific requirement: https://www.factmr.com/connectus/sample?flag=AE&rep_id=3062

Why choose Fact.MR?

Reports published by Fact.MR are a result of the combination of our experts and digital technologies. We thrive to provide innovative business solutions to the clients as well as tailor the reports aligning with the clients’ requisites. Our analysts perform comprehensive research to offer ins and outs of the current market situation. Clients across various time zones tend to utilize our 24/7 service availability.