AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "E-Cigarette market - Global outlook to 2026". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global E-Cigarette market to grow at a CAGR of %.
The Composition Used, such as Tobacco, is boosting the E-Cigarette market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Operation Mode, such as Automatic E-cigarette, is boosting the E-Cigarette market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global E-Cigarette market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Growing Health Concerns Over the Usage of Conventional Tobacco-Based Cigarettes and The Growth of Disposable, Reusable, and Customizable E-Cigarettes.
E-cigarette is known by various names such as e-cigs, electronic nicotine delivery system, vape pens and vaporizer cigarettes. It is available in different shapes and sizes. According to the Center for Disease Control and Prevention, tobacco is the primary cause of preventable deaths in the United States. It has been reported that more than 16 million of the US population suffer from diseases caused by smoking. Tobacco contains over 7,000 chemicals in tobacco smoke, out of which, at least 250 are known to be harmful, including chemicals like hydrogen cyanide, ammonia, and carbon monoxide
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global E-Cigarette market by Type (Modular e-cigarette, Rechargeable e-cigarette, Next-generation e-cigarette and Disposable e-cigarette), by Application (Male and Female) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market