Home Melange Global E-cigarettes Market to Reach $22.5 Billion by 2026

Global E-cigarettes Market to Reach $22.5 Billion by 2026

by PrittlePrattleNews

Global E-cigarettes Market: A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “E-cigarettes – Global Market Trajectory & Analytics”.

The report presents fresh perspectives on opportunities and challenges in a significantly transformed post-COVID-19 marketplace. Companies: 207– Players covered include British American Tobacco plc; Eleaf Group; FIN Branding Group, LLC; Generation V; Imperial Brands plc; Innokin Technology Co., Ltd; Japan Tobacco Inc.; Juul Labs, Inc.; MadVapes LLC; Mig Vapor LLC; Mojo Tech; NicQuid LLC; NJOY, LLC; Philip Morris International Inc.; Shenzhen IVPS Technology Corporation Ltd.; Shenzhen Kanger Technology Co., Ltd.; Smoker Friendly International LLC; Vapor4Life, Inc., and Others.

Complimentary Project Preview – This is an ongoing global program. Preview our research program before you make a purchase decision. We are offering complimentary access to qualified executives driving strategy, business development, sales & marketing, and product management roles at featured companies. Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more. You may also build your own bespoke report using our MarketGlass™ Platform which offers thousands of data bytes without an obligation to purchase our report. Preview Registry

ABSTRACT-

Global E-cigarettes Market to Reach $22.5 Billion by 2026
Global E-cigarette or electronic cigarette is basically a handheld electronic device that vaporizes a liquid that is available in different flavors. Tobacco vapor products and Global e-cigarettes feel and look just like traditional cigarettes. However, as compared to tobacco cigarettes, the chemicals released by them are less toxic, making them a safe substitute for tobacco cigarettes. Amid the COVID-19 crisis, the global market for Global E-cigarettes estimated at US$14.1 Billion in the year 2020, is projected to reach a revised size of US$22.5 Billion by 2026, growing at a CAGR of 8.3% over the analysis period. Modular Global E-cigarettes, one of the segments analyzed in the report, is projected to record a 8.7% CAGR and reach US$13 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Rechargeable Global E-cigarettes segment is readjusted to a revised 7.8% CAGR for the next 7-year period.

The U.S. Market is Estimated at $4.9 Billion in 2021, While China is Forecast to Reach $5.1 Billion by 2026
The E-cigarettes market in the U.S. is estimated at US$4.9 Billion in the year 2021. China, the world`s second-largest economy, is forecast to reach a projected market size of US$5.1 Billion by the year 2026 trailing a CAGR of 9.4% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.6% and 6.9% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 6.7% CAGR. Growth in these markets will be supported by factors like cost-effectiveness, presence of well-established brands, product customizations, growing health concerns, increasing demand for ashless and smokeless vaping, increasing number of designated stores and vape shops, and expected health benefits. Changes in preferences & lifestyle, different fragrances & flavors will also spur growth in addition to the launch of new products, declining consumption of cigarettes, as well as growing adoption of Next Generation Products (NGPs). Availability of easy and strong distribution channels, particularly e-commerce platforms and online websites, is a major noteworthy trend. These channels provide an opportunity to market players to expand their operations both globally and locally.
Disposable Global E-cigarettes Segment to Reach $1.9 Billion by 2026
In the global Disposable Global E-cigarettes segment, USA, Canada, Japan, China and Europe will drive the 8.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.1 Billion in the year 2020 will reach a projected size of over US$1.7 Billion by the close of the analysis period. China will remain among the fastest-growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$172 Million by the year 2026. More

MarketGlass™ Platform – Global E-cigarettes

Our MarketGlass™ Platform is a free full-stack knowledge center that is custom configurable to today’s busy business executive’s intelligence needs! This influencer-driven interactive research platform is at the core of our primary research engagements and draws from the unique perspectives of participating executives worldwide. Features include – enterprise-wide peer-to-peer collaborations; research program previews relevant to your company; 3.4 million domain expert profiles; competitive company profiles; interactive research modules; bespoke report generation; monitor market trends; competitive brands; create & publish blogs & podcasts using our primary and secondary content; track domain events worldwide; and much more. Client companies will have complete insider access to the project data stacks. Currently in use by 67,000+ domain experts worldwide.

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About Global Industry Analysts, Inc. & StrategyR™

Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world’s only influencer-driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.rt

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