Electronic Cigarette and Vaping Market, Global Outlook and Forecast 2023-2029

Report ID: MMG160791 | Category: Consumer Goods | Pages: 79 | Format: PDF | Published Date: August 01,2023

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Report Summary

The global Electronic Cigarette and Vaping market was valued at US$ 2105.2 million in 2022 and is projected to reach US$ 2685.9 million by 2029, at a CAGR of 3.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
There are two main types of E-cigarettes and Vaping products: with and without display screen. Among them, the largest proportion is without display screen. In 2019, the market share is about 87%, accounting for more than half of the total market.
North America is the main sales area, accounting for about 42% of the global total sales. In the U.S. market, e-cigarettes are mainly occupied by large manufacturers affiliated to large multinational tobacco companies. Altria Group、Imperial Tobacco、ReynoldsAmerican、Japan Tobacco Inc and other well-known multinational tobacco companies have set up e-cigarette field, accounting for about 70-80% of the market space.
E-cigarette is a kind of electronic product that imitates cigarette. It has the same appearance, smoke, taste and feeling as cigarette. It is a kind of product that can be inhaled by users after nicotine is turned into steam by means of atomization.
Electronic cigarette is composed of atomizer, control chip and battery. When the electronic cigarette is working, the liquid of the electronic cigarette is transferred to the atomization room, and then connected through the smoking air switch, and then the control chip (lithium battery drive) controls the heating of the atomization room to generate the vapor fog simulating the smoke, so as to meet the pleasure of smokers and the psychological habits developed for many years.
This report aims to provide a comprehensive presentation of the global market for Electronic Cigarette and Vaping, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electronic Cigarette and Vaping. This report contains market size and forecasts of Electronic Cigarette and Vaping in global, including the following market information:
Global Electronic Cigarette and Vaping Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Electronic Cigarette and Vaping Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Electronic Cigarette and Vaping companies in 2022 (%)
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Electronic Cigarette and Vaping manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Electronic Cigarette and Vaping Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Electronic Cigarette and Vaping Market Segment Percentages, by Type, 2022 (%)
    Mechanical E-cigarettes (Mods)
    Rechargeable
Global Electronic Cigarette and Vaping Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Electronic Cigarette and Vaping Market Segment Percentages, by Application, 2022 (%)
    Online
    Offline
Global Electronic Cigarette and Vaping Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Electronic Cigarette and Vaping Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Electronic Cigarette and Vaping revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Electronic Cigarette and Vaping revenues share in global market, 2022 (%)
Key companies Electronic Cigarette and Vaping sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Electronic Cigarette and Vaping sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    JUUL
    Vuse
    MarkTen
    Blu
    Logic
    SR Vapes
    Comp Lyfe
    RNV Designs
    Timesvape
Outline of Major Chapters:
Chapter 1: Introduces the definition of Electronic Cigarette and Vaping, market overview.
Chapter 2: Global Electronic Cigarette and Vaping market size in revenue and volume.
Chapter 3: Detailed analysis of Electronic Cigarette and Vaping manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Electronic Cigarette and Vaping in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Electronic Cigarette and Vaping capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.

1 Introduction to Research & Analysis Reports
    1.1 Electronic Cigarette and Vaping Market Definition
    1.2 Market Segments
        1.2.1 Market by Type
        1.2.2 Market by Application
    1.3 Global Electronic Cigarette and Vaping Market Overview
    1.4 Features & Benefits of This Report
    1.5 Methodology & Sources of Information
        1.5.1 Research Methodology
        1.5.2 Research Process
        1.5.3 Base Year
        1.5.4 Report Assumptions & Caveats
2 Global Electronic Cigarette and Vaping Overall Market Size
    2.1 Global Electronic Cigarette and Vaping Market Size: 2022 VS 2029
    2.2 Global Electronic Cigarette and Vaping Revenue, Prospects & Forecasts: 2018-2029
    2.3 Global Electronic Cigarette and Vaping Sales: 2018-2029
3 Company Landscape
    3.1 Top Electronic Cigarette and Vaping Players in Global Market
    3.2 Top Global Electronic Cigarette and Vaping Companies Ranked by Revenue
    3.3 Global Electronic Cigarette and Vaping Revenue by Companies
    3.4 Global Electronic Cigarette and Vaping Sales by Companies
    3.5 Global Electronic Cigarette and Vaping Price by Manufacturer (2018-2023)
    3.6 Top 3 and Top 5 Electronic Cigarette and Vaping Companies in Global Market, by Revenue in 2022
    3.7 Global Manufacturers Electronic Cigarette and Vaping Product Type
    3.8 Tier 1, Tier 2 and Tier 3 Electronic Cigarette and Vaping Players in Global Market
        3.8.1 List of Global Tier 1 Electronic Cigarette and Vaping Companies
        3.8.2 List of Global Tier 2 and Tier 3 Electronic Cigarette and Vaping Companies
4 Sights by Product
    4.1 Overview
        4.1.1 By Type - Global Electronic Cigarette and Vaping Market Size Markets, 2022 & 2029
        4.1.2 Mechanical E-cigarettes (Mods)
        4.1.3 Rechargeable
    4.2 By Type - Global Electronic Cigarette and Vaping Revenue & Forecasts
        4.2.1 By Type - Global Electronic Cigarette and Vaping Revenue, 2018-2023
        4.2.2 By Type - Global Electronic Cigarette and Vaping Revenue, 2024-2029
        4.2.3 By Type - Global Electronic Cigarette and Vaping Revenue Market Share, 2018-2029
    4.3 By Type - Global Electronic Cigarette and Vaping Sales & Forecasts
        4.3.1 By Type - Global Electronic Cigarette and Vaping Sales, 2018-2023
        4.3.2 By Type - Global Electronic Cigarette and Vaping Sales, 2024-2029
        4.3.3 By Type - Global Electronic Cigarette and Vaping Sales Market Share, 2018-2029
    4.4 By Type - Global Electronic Cigarette and Vaping Price (Manufacturers Selling Prices), 2018-2029
5 Sights by Application
    5.1 Overview
        5.1.1 By Application - Global Electronic Cigarette and Vaping Market Size, 2022 & 2029
        5.1.2 Online
        5.1.3 Offline
    5.2 By Application - Global Electronic Cigarette and Vaping Revenue & Forecasts
        5.2.1 By Application - Global Electronic Cigarette and Vaping Revenue, 2018-2023
        5.2.2 By Application - Global Electronic Cigarette and Vaping Revenue, 2024-2029
        5.2.3 By Application - Global Electronic Cigarette and Vaping Revenue Market Share, 2018-2029
    5.3 By Application - Global Electronic Cigarette and Vaping Sales & Forecasts
        5.3.1 By Application - Global Electronic Cigarette and Vaping Sales, 2018-2023
        5.3.2 By Application - Global Electronic Cigarette and Vaping Sales, 2024-2029
        5.3.3 By Application - Global Electronic Cigarette and Vaping Sales Market Share, 2018-2029
    5.4 By Application - Global Electronic Cigarette and Vaping Price (Manufacturers Selling Prices), 2018-2029
6 Sights by Region
    6.1 By Region - Global Electronic Cigarette and Vaping Market Size, 2022 & 2029
    6.2 By Region - Global Electronic Cigarette and Vaping Revenue & Forecasts
        6.2.1 By Region - Global Electronic Cigarette and Vaping Revenue, 2018-2023
        6.2.2 By Region - Global Electronic Cigarette and Vaping Revenue, 2024-2029
        6.2.3 By Region - Global Electronic Cigarette and Vaping Revenue Market Share, 2018-2029
    6.3 By Region - Global Electronic Cigarette and Vaping Sales & Forecasts
        6.3.1 By Region - Global Electronic Cigarette and Vaping Sales, 2018-2023
        6.3.2 By Region - Global Electronic Cigarette and Vaping Sales, 2024-2029
        6.3.3 By Region - Global Electronic Cigarette and Vaping Sales Market Share, 2018-2029
    6.4 North America
        6.4.1 By Country - North America Electronic Cigarette and Vaping Revenue, 2018-2029
        6.4.2 By Country - North America Electronic Cigarette and Vaping Sales, 2018-2029
        6.4.3 US Electronic Cigarette and Vaping Market Size, 2018-2029
        6.4.4 Canada Electronic Cigarette and Vaping Market Size, 2018-2029
        6.4.5 Mexico Electronic Cigarette and Vaping Market Size, 2018-2029
    6.5 Europe
        6.5.1 By Country - Europe Electronic Cigarette and Vaping Revenue, 2018-2029
        6.5.2 By Country - Europe Electronic Cigarette and Vaping Sales, 2018-2029
        6.5.3 Germany Electronic Cigarette and Vaping Market Size, 2018-2029
        6.5.4 France Electronic Cigarette and Vaping Market Size, 2018-2029
        6.5.5 U.K. Electronic Cigarette and Vaping Market Size, 2018-2029
        6.5.6 Italy Electronic Cigarette and Vaping Market Size, 2018-2029
        6.5.7 Russia Electronic Cigarette and Vaping Market Size, 2018-2029
        6.5.8 Nordic Countries Electronic Cigarette and Vaping Market Size, 2018-2029
        6.5.9 Benelux Electronic Cigarette and Vaping Market Size, 2018-2029
    6.6 Asia
        6.6.1 By Region - Asia Electronic Cigarette and Vaping Revenue, 2018-2029
        6.6.2 By Region - Asia Electronic Cigarette and Vaping Sales, 2018-2029
        6.6.3 China Electronic Cigarette and Vaping Market Size, 2018-2029
        6.6.4 Japan Electronic Cigarette and Vaping Market Size, 2018-2029
        6.6.5 South Korea Electronic Cigarette and Vaping Market Size, 2018-2029
        6.6.6 Southeast Asia Electronic Cigarette and Vaping Market Size, 2018-2029
        6.6.7 India Electronic Cigarette and Vaping Market Size, 2018-2029
    6.7 South America
        6.7.1 By Country - South America Electronic Cigarette and Vaping Revenue, 2018-2029
        6.7.2 By Country - South America Electronic Cigarette and Vaping Sales, 2018-2029
        6.7.3 Brazil Electronic Cigarette and Vaping Market Size, 2018-2029
        6.7.4 Argentina Electronic Cigarette and Vaping Market Size, 2018-2029
    6.8 Middle East & Africa
        6.8.1 By Country - Middle East & Africa Electronic Cigarette and Vaping Revenue, 2018-2029
        6.8.2 By Country - Middle East & Africa Electronic Cigarette and Vaping Sales, 2018-2029
        6.8.3 Turkey Electronic Cigarette and Vaping Market Size, 2018-2029
        6.8.4 Israel Electronic Cigarette and Vaping Market Size, 2018-2029
        6.8.5 Saudi Arabia Electronic Cigarette and Vaping Market Size, 2018-2029
        6.8.6 UAE Electronic Cigarette and Vaping Market Size, 2018-2029
7 Manufacturers & Brands Profiles
    7.1 JUUL
        7.1.1 JUUL Company Summary
        7.1.2 JUUL Business Overview
        7.1.3 JUUL Electronic Cigarette and Vaping Major Product Offerings
        7.1.4 JUUL Electronic Cigarette and Vaping Sales and Revenue in Global (2018-2023)
        7.1.5 JUUL Key News & Latest Developments
    7.2 Vuse
        7.2.1 Vuse Company Summary
        7.2.2 Vuse Business Overview
        7.2.3 Vuse Electronic Cigarette and Vaping Major Product Offerings
        7.2.4 Vuse Electronic Cigarette and Vaping Sales and Revenue in Global (2018-2023)
        7.2.5 Vuse Key News & Latest Developments
    7.3 MarkTen
        7.3.1 MarkTen Company Summary
        7.3.2 MarkTen Business Overview
        7.3.3 MarkTen Electronic Cigarette and Vaping Major Product Offerings
        7.3.4 MarkTen Electronic Cigarette and Vaping Sales and Revenue in Global (2018-2023)
        7.3.5 MarkTen Key News & Latest Developments
    7.4 Blu
        7.4.1 Blu Company Summary
        7.4.2 Blu Business Overview
        7.4.3 Blu Electronic Cigarette and Vaping Major Product Offerings
        7.4.4 Blu Electronic Cigarette and Vaping Sales and Revenue in Global (2018-2023)
        7.4.5 Blu Key News & Latest Developments
    7.5 Logic
        7.5.1 Logic Company Summary
        7.5.2 Logic Business Overview
        7.5.3 Logic Electronic Cigarette and Vaping Major Product Offerings
        7.5.4 Logic Electronic Cigarette and Vaping Sales and Revenue in Global (2018-2023)
        7.5.5 Logic Key News & Latest Developments
    7.6 SR Vapes
        7.6.1 SR Vapes Company Summary
        7.6.2 SR Vapes Business Overview
        7.6.3 SR Vapes Electronic Cigarette and Vaping Major Product Offerings
        7.6.4 SR Vapes Electronic Cigarette and Vaping Sales and Revenue in Global (2018-2023)
        7.6.5 SR Vapes Key News & Latest Developments
    7.7 Comp Lyfe
        7.7.1 Comp Lyfe Company Summary
        7.7.2 Comp Lyfe Business Overview
        7.7.3 Comp Lyfe Electronic Cigarette and Vaping Major Product Offerings
        7.7.4 Comp Lyfe Electronic Cigarette and Vaping Sales and Revenue in Global (2018-2023)
        7.7.5 Comp Lyfe Key News & Latest Developments
    7.8 RNV Designs
        7.8.1 RNV Designs Company Summary
        7.8.2 RNV Designs Business Overview
        7.8.3 RNV Designs Electronic Cigarette and Vaping Major Product Offerings
        7.8.4 RNV Designs Electronic Cigarette and Vaping Sales and Revenue in Global (2018-2023)
        7.8.5 RNV Designs Key News & Latest Developments
    7.9 Timesvape
        7.9.1 Timesvape Company Summary
        7.9.2 Timesvape Business Overview
        7.9.3 Timesvape Electronic Cigarette and Vaping Major Product Offerings
        7.9.4 Timesvape Electronic Cigarette and Vaping Sales and Revenue in Global (2018-2023)
        7.9.5 Timesvape Key News & Latest Developments
8 Global Electronic Cigarette and Vaping Production Capacity, Analysis
    8.1 Global Electronic Cigarette and Vaping Production Capacity, 2018-2029
    8.2 Electronic Cigarette and Vaping Production Capacity of Key Manufacturers in Global Market
    8.3 Global Electronic Cigarette and Vaping Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
    9.1 Market Opportunities & Trends
    9.2 Market Drivers
    9.3 Market Restraints
10 Electronic Cigarette and Vaping Supply Chain Analysis
    10.1 Electronic Cigarette and Vaping Industry Value Chain
    10.2 Electronic Cigarette and Vaping Upstream Market
    10.3 Electronic Cigarette and Vaping Downstream and Clients
    10.4 Marketing Channels Analysis
        10.4.1 Marketing Channels
        10.4.2 Electronic Cigarette and Vaping Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
    12.1 Note
    12.2 Examples of Clients
    12.3 Disclaimer

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Electronic Cigarette and Vaping Market, Global Outlook and Forecast 2023-2029

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