What is Electronic Cigarette and Tobacco Vapor?
An electronic cigarette is a device that simulates the act of tobacco smoking. An e-cigarette consists of an atomizer, a power source such as a battery, and a container such as a cartridge or tank. Instead of inhaling smoke, the user inhales vapour. As a result, "vaping" has become a widespread term for using an e-cigarette. Compared to an e-cigarette, a vape system is larger, heavier, less convenient, and less inconspicuous. Vape systems are unquestionably superior to e-cigarettes. They feature increased heating power, larger vaporizer units, and more flavour and nicotine intensity adjustment options.
The market study is broken down by Type (Disposable, Rechargeable and Modular) and major geographies with country level break-up.
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Analysts at AMA Research estimates that Vendors from United States will contribute to the maximum growth of Global Electronic Cigarette and Tobacco Vapor market throughout the predicted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
British American Tobacco plc (England), Altria Group Inc. (United States), Philip Morris International Inc. (United States), Japan Tobacco Inc. (Japan), JUUL Labs Inc. (United States), Imperial Brands plc (United Kingdom), NJOY LLC (United States), Vapor Hub International Inc. (United States), Totally Wicked E-Liquid Inc. (United States) and Turning Point Brands Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are MadVapes LLC (United States), FIN Branding Group LLC (United States) and Smoker Friendly International LLC (United States).
AdvanceMarketAnalytics has segmented the market of Global Electronic Cigarette and Tobacco Vapor market by Type, Application and Region.
On the basis of geography, the market of Electronic Cigarette and Tobacco Vapor has been segmented into 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). If we see Market by Distribution Channel, the sub-segment i.e. Specialist E-cig Shops will boost the Electronic Cigarette and Tobacco Vapor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
In 2020, Aspire launched the Aspire Nautilus GT Kit, the latest box mod kit combining the Nautilus GT tank system and the new 75W Glint Mod. This new Nautilus GT Kit is powered by an ingle 18650 battery mod and this mod has an OLED 0.91 screen to easily set the mod wattage.
- Rise in Demand of Flavored E-Cigarattes
- Changing Consumer Preferences, Growing Number of Vape Stores, and Availability of these Devices in Many Variety of Flavors & Shapes
- Increasing Technological Advancements and New Product Innovations of E-Cigarette Industry
- Lack of Standardization and Government Regulations Regarding use of E-Cigarettes
- Harmful Chemicals that have Health Risks
Key Target AudienceElectronic Cigarette and Tobacco Vapor Manufacturers, Electronic Cigarette and Tobacco Vapor Distributors and Suppliers, Government associations, Market research and consulting firms, Venture capitalists and investors and Others
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.