Global Electronic Cigarette Market Expected to Reach XX Million by 2025
According to a new report published by Reports Monitor titled, “Electronic Cigarette Market By Product Type, Flavor and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2018–2025,” the Electronic Cigarette market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025.
The report is segmented on the basis of Product Type, Flavor, Distribution Channel and region. On the basis of product type, the market is segmented into disposable, rechargeable, and modular. On the basis of flavor, the market is segmented into beverage, botanical, sweet, tobacco and others. On the basis of distribution channel, the market is segmented into online, specialist e-cig shops, supermarkets, tobacconist and others.
Drivers for Electronic Cigarette Market are growing awareness of health hazards of conventional cigarettes. The key factors which contribute to the growth of Electronic Cigarette Market are rise in technological advancements in this field. Growing demand and popularity in the younger population and availability of e- cigarettes will fuel the growth of Electronic Cigarette Market. Reduction in health-related problems due to zero smoke, no pollution and in addition, it can be smoked at public places. These factors contribute to the growth of Electronic Cigarette Market. These are the reasons which are expected to drive the market for the Electronic Cigarette Market during the forecast period.
Key Questions Answered: • What will be the market size in 2025 and at what rate it will grow? • What trends, barriers, challenges are influencing its growth? • Who are the major key players in global Electronic Cigarette market and what are their strategies? • What are the factors driving the global Electronic Cigarette Market? • Which vertical industry is expected to show major growth? • What segment and region will lead the market and why?
The major companies profiled in the report include: Altria Group, British American Tobacco, Imperial Brands, International Vapor Group, Japan Tobacco, Nicotek Llc, Njoy Inc., Philip Morris International Inc., Reynolds American Inc. and Vmr Flavours Llc.
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