E-cigarette and Vape Market

Vaping is the inhaling of a vapor created by an electronic cigarette (e-cigarette) or other vaping device. E-cigarettes are battery-powered smoking devices. They have cartridges filled with a liquid that usually contains nicotine, flavorings, and chemicals. The liquid is heated into a vapor, which the person inhales. That's why using e-cigarettes is called "vaping."

E-cigarette and Vape Market contains market size and forecasts of E-cigarette and Vape in global, including the following market information:

Global E-cigarette and Vape Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global E-cigarette and Vape Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five E-cigarette and Vape companies in 2021 (%)

The global E-cigarette and Vape market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

By Product Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of E-cigarette and Vape include Altria Group, Inc., British American Tobacco, Imperial Brands, International Vapor Group, Japan Tobacco, International, NicQuid, Philip Morris International Inc. and R.J. Reynolds Vapor Company, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the E-cigarette and Vape manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global E-cigarette and Vape Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global E-cigarette and Vape Market Segment Percentages, by Type, 2021 (%)

By Product

• Disposable
• Rechargeable
• Modular Devices

By Component

• Atomizer
• Method of Delivery (MOD)
• Cartomizer
• E-liquid

Global E-cigarette and Vape Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global E-cigarette and Vape Market Segment Percentages, by Application, 2021 (%)

• Online
• Offline

Global E-cigarette and Vape Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global E-cigarette and Vape Market Segment Percentages, By Region and Country, 2021 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

• Key companies E-cigarette and Vape revenues in global market, 2017-2022 (Estimated), ($ millions)
• Key companies E-cigarette and Vape revenues share in global market, 2021 (%)
• Key companies E-cigarette and Vape sales in global market, 2017-2022 (Estimated), (K Units)
• Key companies E-cigarette and Vape sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Altria Group, Inc.
• British American Tobacco
• Imperial Brands
• International Vapor Group
• Japan Tobacco
• International
• NicQuid
• Philip Morris International Inc.
• R.J. Reynolds Vapor Company
• Shenzhen IVPS Technology Co., Ltd.
• Shenzhen KangerTech Technology Co., Ltd.