Abstract
Summary
E-cigarette is a kind of electronic product that imitates cigarette. It has the same appearance, smoke, taste and feeling as cigarette. It is a kind of product that can be inhaled by users after nicotine is turned into steam by means of atomization.
Electronic cigarette is composed of atomizer, control chip and battery. When the electronic cigarette is working, the liquid of the electronic cigarette is transferred to the atomization room, and then connected through the smoking air switch, and then the control chip (lithium battery drive) controls the heating of the atomization room to generate the vapor fog simulating the smoke, so as to meet the pleasure of smokers and the psychological habits developed for many years.
The global market for Electronic Cigarette and Vaping was estimated to be worth US$ 2046 million in 2023 and is forecast to a readjusted size of US$ 2652.6 million by 2030 with a CAGR of 3.7% during the forecast period 2024-2030
There are two main types of E-cigarettes and Vaping products: with and without display screen. Among them, the largest proportion is without display screen. In 2019, the market share is about 87%, accounting for more than half of the total market.
North America is the main sales area, accounting for about 42% of the global total sales. In the U.S. market, e-cigarettes are mainly occupied by large manufacturers affiliated to large multinational tobacco companies. Altria Group、Imperial Tobacco、ReynoldsAmerican、Japan Tobacco Inc and other well-known multinational tobacco companies have set up e-cigarette field, accounting for about 70-80% of the market space.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Electronic Cigarette and Vaping, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Electronic Cigarette and Vaping by region & country, by Type, and by Application.
The Electronic Cigarette and Vaping market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electronic Cigarette and Vaping.
Market Segmentation
By Company
JUUL
Vuse
MarkTen
Blu
Logic
SR Vapes
Comp Lyfe
RNV Designs
Timesvape
Segment by Type:
Mechanical E-cigarettes (Mods)
Rechargeable
Segment by Application
Online
Offline
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Electronic Cigarette and Vaping manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Electronic Cigarette and Vaping in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Electronic Cigarette and Vaping in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Electronic cigarette is composed of atomizer, control chip and battery. When the electronic cigarette is working, the liquid of the electronic cigarette is transferred to the atomization room, and then connected through the smoking air switch, and then the control chip (lithium battery drive) controls the heating of the atomization room to generate the vapor fog simulating the smoke, so as to meet the pleasure of smokers and the psychological habits developed for many years.
The global market for Electronic Cigarette and Vaping was estimated to be worth US$ 2046 million in 2023 and is forecast to a readjusted size of US$ 2652.6 million by 2030 with a CAGR of 3.7% during the forecast period 2024-2030
There are two main types of E-cigarettes and Vaping products: with and without display screen. Among them, the largest proportion is without display screen. In 2019, the market share is about 87%, accounting for more than half of the total market.
North America is the main sales area, accounting for about 42% of the global total sales. In the U.S. market, e-cigarettes are mainly occupied by large manufacturers affiliated to large multinational tobacco companies. Altria Group、Imperial Tobacco、ReynoldsAmerican、Japan Tobacco Inc and other well-known multinational tobacco companies have set up e-cigarette field, accounting for about 70-80% of the market space.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Electronic Cigarette and Vaping, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Electronic Cigarette and Vaping by region & country, by Type, and by Application.
The Electronic Cigarette and Vaping market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electronic Cigarette and Vaping.
Market Segmentation
By Company
JUUL
Vuse
MarkTen
Blu
Logic
SR Vapes
Comp Lyfe
RNV Designs
Timesvape
Segment by Type:
Mechanical E-cigarettes (Mods)
Rechargeable
Segment by Application
Online
Offline
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Electronic Cigarette and Vaping manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Electronic Cigarette and Vaping in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Electronic Cigarette and Vaping in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
1.1 Electronic Cigarette and Vaping Product Introduction
1.2 Global Electronic Cigarette and Vaping Market Size Forecast
1.2.1 Global Electronic Cigarette and Vaping Sales Value (2019-2030)
1.2.2 Global Electronic Cigarette and Vaping Sales Volume (2019-2030)
1.2.3 Global Electronic Cigarette and Vaping Sales Price (2019-2030)
1.3 Electronic Cigarette and Vaping Market Trends & Drivers
1.3.1 Electronic Cigarette and Vaping Industry Trends
1.3.2 Electronic Cigarette and Vaping Market Drivers & Opportunity
1.3.3 Electronic Cigarette and Vaping Market Challenges
1.3.4 Electronic Cigarette and Vaping Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Electronic Cigarette and Vaping Players Revenue Ranking (2023)
2.2 Global Electronic Cigarette and Vaping Revenue by Company (2019-2024)
2.3 Global Electronic Cigarette and Vaping Players Sales Volume Ranking (2023)
2.4 Global Electronic Cigarette and Vaping Sales Volume by Company Players (2019-2024)
2.5 Global Electronic Cigarette and Vaping Average Price by Company (2019-2024)
2.6 Key Manufacturers Electronic Cigarette and Vaping Manufacturing Base Distribution and Headquarters
2.7 Key Manufacturers Electronic Cigarette and Vaping Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Electronic Cigarette and Vaping
2.9 Electronic Cigarette and Vaping Market Competitive Analysis
2.9.1 Electronic Cigarette and Vaping Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by Electronic Cigarette and Vaping Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Electronic Cigarette and Vaping as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Mechanical E-cigarettes (Mods)
3.1.2 Rechargeable
3.2 Global Electronic Cigarette and Vaping Sales Value by Type
3.2.1 Global Electronic Cigarette and Vaping Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Electronic Cigarette and Vaping Sales Value, by Type (2019-2030)
3.2.3 Global Electronic Cigarette and Vaping Sales Value, by Type (%) (2019-2030)
3.3 Global Electronic Cigarette and Vaping Sales Volume by Type
3.3.1 Global Electronic Cigarette and Vaping Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global Electronic Cigarette and Vaping Sales Volume, by Type (2019-2030)
3.3.3 Global Electronic Cigarette and Vaping Sales Volume, by Type (%) (2019-2030)
3.4 Global Electronic Cigarette and Vaping Average Price by Type (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Online
4.1.2 Offline
4.2 Global Electronic Cigarette and Vaping Sales Value by Application
4.2.1 Global Electronic Cigarette and Vaping Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Electronic Cigarette and Vaping Sales Value, by Application (2019-2030)
4.2.3 Global Electronic Cigarette and Vaping Sales Value, by Application (%) (2019-2030)
4.3 Global Electronic Cigarette and Vaping Sales Volume by Application
4.3.1 Global Electronic Cigarette and Vaping Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global Electronic Cigarette and Vaping Sales Volume, by Application (2019-2030)
4.3.3 Global Electronic Cigarette and Vaping Sales Volume, by Application (%) (2019-2030)
4.4 Global Electronic Cigarette and Vaping Average Price by Application (2019-2030)
5 Segmentation by Region
5.1 Global Electronic Cigarette and Vaping Sales Value by Region
5.1.1 Global Electronic Cigarette and Vaping Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Electronic Cigarette and Vaping Sales Value by Region (2019-2024)
5.1.3 Global Electronic Cigarette and Vaping Sales Value by Region (2025-2030)
5.1.4 Global Electronic Cigarette and Vaping Sales Value by Region (%), (2019-2030)
5.2 Global Electronic Cigarette and Vaping Sales Volume by Region
5.2.1 Global Electronic Cigarette and Vaping Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global Electronic Cigarette and Vaping Sales Volume by Region (2019-2024)
5.2.3 Global Electronic Cigarette and Vaping Sales Volume by Region (2025-2030)
5.2.4 Global Electronic Cigarette and Vaping Sales Volume by Region (%), (2019-2030)
5.3 Global Electronic Cigarette and Vaping Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America Electronic Cigarette and Vaping Sales Value, 2019-2030
5.4.2 North America Electronic Cigarette and Vaping Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe Electronic Cigarette and Vaping Sales Value, 2019-2030
5.5.2 Europe Electronic Cigarette and Vaping Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific Electronic Cigarette and Vaping Sales Value, 2019-2030
5.6.2 Asia Pacific Electronic Cigarette and Vaping Sales Value by Country (%), 2023 VS 2030
5.7 South America
5.7.1 South America Electronic Cigarette and Vaping Sales Value, 2019-2030
5.7.2 South America Electronic Cigarette and Vaping Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa Electronic Cigarette and Vaping Sales Value, 2019-2030
5.8.2 Middle East & Africa Electronic Cigarette and Vaping Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Electronic Cigarette and Vaping Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Electronic Cigarette and Vaping Sales Value
6.2.1 Key Countries/Regions Electronic Cigarette and Vaping Sales Value, 2019-2030
6.2.2 Key Countries/Regions Electronic Cigarette and Vaping Sales Volume, 2019-2030
6.3 United States
6.3.1 United States Electronic Cigarette and Vaping Sales Value, 2019-2030
6.3.2 United States Electronic Cigarette and Vaping Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Electronic Cigarette and Vaping Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Electronic Cigarette and Vaping Sales Value, 2019-2030
6.4.2 Europe Electronic Cigarette and Vaping Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Electronic Cigarette and Vaping Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Electronic Cigarette and Vaping Sales Value, 2019-2030
6.5.2 China Electronic Cigarette and Vaping Sales Value by Type (%), 2023 VS 2030
6.5.3 China Electronic Cigarette and Vaping Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Electronic Cigarette and Vaping Sales Value, 2019-2030
6.6.2 Japan Electronic Cigarette and Vaping Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Electronic Cigarette and Vaping Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Electronic Cigarette and Vaping Sales Value, 2019-2030
6.7.2 South Korea Electronic Cigarette and Vaping Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Electronic Cigarette and Vaping Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Electronic Cigarette and Vaping Sales Value, 2019-2030
6.8.2 Southeast Asia Electronic Cigarette and Vaping Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Electronic Cigarette and Vaping Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Electronic Cigarette and Vaping Sales Value, 2019-2030
6.9.2 India Electronic Cigarette and Vaping Sales Value by Type (%), 2023 VS 2030
6.9.3 India Electronic Cigarette and Vaping Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 JUUL
7.1.1 JUUL Company Information
7.1.2 JUUL Introduction and Business Overview
7.1.3 JUUL Electronic Cigarette and Vaping Sales, Revenue and Gross Margin (2019-2024)
7.1.4 JUUL Electronic Cigarette and Vaping Product Offerings
7.1.5 JUUL Recent Development
7.2 Vuse
7.2.1 Vuse Company Information
7.2.2 Vuse Introduction and Business Overview
7.2.3 Vuse Electronic Cigarette and Vaping Sales, Revenue and Gross Margin (2019-2024)
7.2.4 Vuse Electronic Cigarette and Vaping Product Offerings
7.2.5 Vuse Recent Development
7.3 MarkTen
7.3.1 MarkTen Company Information
7.3.2 MarkTen Introduction and Business Overview
7.3.3 MarkTen Electronic Cigarette and Vaping Sales, Revenue and Gross Margin (2019-2024)
7.3.4 MarkTen Electronic Cigarette and Vaping Product Offerings
7.3.5 MarkTen Recent Development
7.4 Blu
7.4.1 Blu Company Information
7.4.2 Blu Introduction and Business Overview
7.4.3 Blu Electronic Cigarette and Vaping Sales, Revenue and Gross Margin (2019-2024)
7.4.4 Blu Electronic Cigarette and Vaping Product Offerings
7.4.5 Blu Recent Development
7.5 Logic
7.5.1 Logic Company Information
7.5.2 Logic Introduction and Business Overview
7.5.3 Logic Electronic Cigarette and Vaping Sales, Revenue and Gross Margin (2019-2024)
7.5.4 Logic Electronic Cigarette and Vaping Product Offerings
7.5.5 Logic Recent Development
7.6 SR Vapes
7.6.1 SR Vapes Company Information
7.6.2 SR Vapes Introduction and Business Overview
7.6.3 SR Vapes Electronic Cigarette and Vaping Sales, Revenue and Gross Margin (2019-2024)
7.6.4 SR Vapes Electronic Cigarette and Vaping Product Offerings
7.6.5 SR Vapes Recent Development
7.7 Comp Lyfe
7.7.1 Comp Lyfe Company Information
7.7.2 Comp Lyfe Introduction and Business Overview
7.7.3 Comp Lyfe Electronic Cigarette and Vaping Sales, Revenue and Gross Margin (2019-2024)
7.7.4 Comp Lyfe Electronic Cigarette and Vaping Product Offerings
7.7.5 Comp Lyfe Recent Development
7.8 RNV Designs
7.8.1 RNV Designs Company Information
7.8.2 RNV Designs Introduction and Business Overview
7.8.3 RNV Designs Electronic Cigarette and Vaping Sales, Revenue and Gross Margin (2019-2024)
7.8.4 RNV Designs Electronic Cigarette and Vaping Product Offerings
7.8.5 RNV Designs Recent Development
7.9 Timesvape
7.9.1 Timesvape Company Information
7.9.2 Timesvape Introduction and Business Overview
7.9.3 Timesvape Electronic Cigarette and Vaping Sales, Revenue and Gross Margin (2019-2024)
7.9.4 Timesvape Electronic Cigarette and Vaping Product Offerings
7.9.5 Timesvape Recent Development
8 Industry Chain Analysis
8.1 Electronic Cigarette and Vaping Industrial Chain
8.2 Electronic Cigarette and Vaping Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Electronic Cigarette and Vaping Sales Model
8.5.2 Sales Channel
8.5.3 Electronic Cigarette and Vaping Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer