e-cigarette (also called as vape pens) is a battery-powered device that emits doses of vaporized nicotine or non-nicotine for the user to inhale. The industry is booming owing to the growing demand for tobacco-free smoking alternative. In addition, introduction of different flavours and in variety of shapes such as a USB flash drive will boost the demand for e-cigerrate worldwide. However, the industry is considered to be the non-uniform regulated market as the effects of the product are under review.
The strict restrictions levied by local authorities across various regions will hamper the industry growth. Regionally, North America and Europe accounted for significant revenue share and the trend is steeping upward. As per the German association for e-cigarette Trade (VdeH), the revenue from e-cigarette products has reached 580 million euros (681.3 million U.S. dollars) in 2017, up 39% compared to the 2016 sale.
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Top Key Players Covered in this report –
British American Tobacco, Japan Tobacco, Altria Group, Nicotek LLC, International Vapor Group, Philip Morris International, Inc., Vmr Flavours LLC, Imperial Brands, Reynolds American Inc., Others
Based on types, the e-Cigarette market is segmented into
Modular, Rechargeable, Disposable, Others
In terms of distribution channel, the e-Cigarette market is categorized as
Online, Supermarkets, Specialist E-cig Shops, Tobacconist, Others,
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e-Cigarette Market Report Key Benefits
- The global e-cigerrate market report studies diverse product segments, technology used, consumer applications and its end-users of the market; additionally, within the market
- This segmentation is done the basis of current and probable trends within the global Colonoscopy Devices Market
- The e-cigerrate research report aims to assist key players to improve their productivity from researching competitors and markets
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