Electronic Cigarette Market will grow at 17.4% CAGR by 2023

The global electronic cigarette market is expected to garner $26,839 million by 2023, from $8,610 million in 2016, registering a CAGR of 17.4% from 2017 to 2023. An electronic cigarette is a battery-operated device that emanates dosages of vaporized nicotine or non-nicotine solutions for the user. It aims to provide a similar sensation to inhaling tobacco smoke, without the smoke. Electronic cigarettes are marketed as e-cigarettes, e-cigs, electronic nicotine delivery systems, vaporizer cigarettes, and vape pens. Various smokers opt to electronic cigarette as a way to stop or cut down on smoking.

Top Key Players included in this report: Altria Group, British American Tobacco, Imperial Brands, International Vapor Group, Japan Tobacco, Nicotek Llc, Njoy Inc., Philip Morris International Inc., Reynolds American Inc., Vmr Flavours Llc

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The decisive aim for the distribution of this information is to develop a detailed descriptive assessment of how these trends may potentially create impact over the future of the Global Electronic Cigarette Market over the forecast period.

Electronic cigarette provides consumers with smoke and ash less vaping, thereby making it socially acceptable. Electronic cigarette is less harmful than regular cigarette, which causes reduced health issues as compared to tobacco smoking thereby driving the market growth. Change in lifestyle and preferences, and increased affluence of people in emerging economies is further anticipated to driving the growth of market. Moreover, tobacco manufacturers are focusing on new technology development, which has created significant importance for electronic cigarette. Electronic cigarette manufacturers invest more in technology to sustain in the competitive space to make their products stand ahead of their competitors. Thus, rise in development and innovations of e-cigarette and vapor technology is expected to propel the market growth during the forecast period. However, stringent government rules & regulations on manufacturing of e-cigarette and rise in the number of reported adverse events restrain the market growth.

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“Global Electronic Cigarette Market” is research report of comprehensive nature which entails information in relation with major regional markets, current scenarios. This includes key regional areas such as North America, Europe, Asia-Pacific, etc. and the foremost countries such as United States, Germany, United Kingdom, Japan, South Korea and China.

The Global Electronic Cigarette Market is also obtainable to the readers as a wholistic overview of the competitive landscape. It delivers a comparative analysis of the key players as well as regional segments, enabling readers to develop better understanding of areas in which they can place their standing resources and gauging the significance of a particular region in order to lift their standing in the Global Market.

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Table of Content:

Global “Global Electronic Cigarette Market” Research Report 2018-2023

Chapter 1: Industry Overview

Chapter 2: Electronic Cigarette International and China Market Analysis

Chapter 3: Environment Analysis of Electronic Cigarette

Chapter 4: Analysis of Revenue by Classifications

Chapter 5: Analysis of Revenue by Regions and Applications

Chapter 6: Analysis of Electronic Cigarette Revenue Market Status.

Chapter 7: Analysis of Electronic Cigarette Industry Key Manufacturers

Chapter 8: Sales Price and Gross Margin Analysis

Chapter 9: Marketing Trader or Distributor Analysis of Electronic Cigarette Market

Chapter 10: Development Trend of Electronic Cigarette Industry 2018-2023

Chapter 11: Industry Chain Suppliers of Electronic Cigarette with Contact Information

Chapter 12: New Project Investment Feasibility Analysis of Electronic Cigarette

Chapter 13: Conclusion of the Global Electronic Cigarette Market Research Report

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