Global Tobacco E Liquids Market Overview:
Tobacco E-liquid is a fluid that is used to generate vapour in electronic nicotine delivery systems (ENDS) or non-combustible tobacco products. It is heated to produce an aerosol, which the user inhales to simulate the sensation of smoking tobacco. It's typically made with water, propylene glycol (PG), and vegetable glycerin as the base ingredients (VG). Several manufacturers currently offer e-liquid in a variety of natural flavours and nicotine strengths that vary according to personal preferences. The rising prices of traditional cigarettes have further encouraged the demand for e-liquids and e-cigarettes globally.
|Unit||Value (USD Million)|
|Key Companies Profiled||Philip Morris International Inc. (United States), Space Jam (United Kingdom), VMR Products (United States), Halo E-liquid (United States), Turning Points Brands (United States), Truvape (United Kingdom), Dinner Lady (United Kingdom), Vape Wild (United States), Molecule Labs, Inc. (United States) and Ripe Vapes (United States)|
|Customization Scope||Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility|
- Increasing Cost of Traditional Cigarettes
- Growing Number of Vape Shops across the Globe
- Stringent Regulations Imposed by Local Authorities on the use of Tobacco E-Liquids
- Growing Demand from Emerging Economies, including China, India, among others
- Modular E-Cigarettes are Gaining Popularity Owing to the Customization Options
- High Health Risk and Diseases caused due to use of Tobacco
The demand for Tobacco E-Liquid is increasing with each passing day. The businesses in this industry facing major competition with leading players of the market that includes Philip Morris International Inc., Space Jam, VMR Products and others. Many international as well as regional providers are also participants in the industry and directly compete with leaders. It has been identified that market leading players are investing heavily in growth strategies such as technological development, resource utilization to enhance their market position. The market leaders such as Philip Morris International Inc., Space Jam, VMR Products demonstrate a market-defining vision of how Tobacco E-Liquid can help top-line business executives achieve their business objectives. Leaders have the ability to execute against that vision through both products and services. They have demonstrated solid business results in the form of revenue and earnings.
Some of the key players profiled in the report are Philip Morris International Inc. (United States), Space Jam (United Kingdom), VMR Products (United States), Halo E-liquid (United States), Turning Points Brands (United States), Truvape (United Kingdom), Dinner Lady (United Kingdom), Vape Wild (United States), Molecule Labs, Inc. (United States) and Ripe Vapes (United States). Additionally, following companies can also be profiled that are part of our coverage like Nicquid (United States), Black Note (United States), Halcyon Vapors (United States) and Nasty Juice (Malaysia). Analyst at AMA Research see United States Vendors to retain maximum share of Global Tobacco E Liquids market by 2027. Considering Market by Size, the sub-segment i.e. 10ml will boost the Tobacco E Liquids market. Considering Market by Sales Channel, the sub-segment i.e. Online will boost the Tobacco E Liquids market. Considering Market by Nicotine Strength, the sub-segment i.e. 3mg will boost the Tobacco E Liquids market.
What Can be Explored with the Tobacco E Liquids Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Tobacco E Liquids Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Tobacco E Liquids
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Tobacco E Liquids market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Tobacco E Liquids market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture and Capitalist, New entrants/investors, Analysts and Strategic Business Partners, Tobacco E-Liquid Distributors and Suppliers, Government Bodies, Corporate Entities, Raw Material Suppliers, End-use industries and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global Tobacco E Liquids Market?
The Tobacco E Liquids market is expected to see a CAGR of % during projected year 2021 to 2027.
2. Who are the top performing companies in Tobacco E Liquids Market?
Top performing companies in the Global Tobacco E Liquids market are Philip Morris International Inc. (United States), Space Jam (United Kingdom), VMR Products (United States), Halo E-liquid (United States), Turning Points Brands (United States), Truvape (United Kingdom), Dinner Lady (United Kingdom), Vape Wild (United States), Molecule Labs, Inc. (United States) and Ripe Vapes (United States), to name a few.
3. What trending factors would impact Tobacco E Liquids Market growth most?
"Emergence of Nicotine Salts
" is seen as one of major influencing trends for Tobacco E Liquids Market during projected period 2021-2027.