The report prepared by the GMI Research includes an in-depth analysis of the global market and a thorough research undertaken by the analysts. An extensive study of this market alongside the fundamental aspects that may influence the commercialization graph of this industry has been given in the study. The market study covers various aspects such as geographical growth opportunities, market size, and important vendors in the market, driving factors, segmental evaluation, constraints, and competitive landscape.

Top Companies of the E-Cigarette Market:

Philip Morris International Inc.
mCig, Inc.
ITC Limited
Altria Group Inc.
Reynolds American Inc.
Imperial Brands
Juul Labs, Inc.
Japan Tobacco Inc.
British American Tobacco
International Vapor Group Inc.
Drivers of the E-Cigarette Market:

The major factor contributing to the increasing demand of the global e-cigarette market include the growing penetration of the e-cigarettes among millennials globally. The expansion in the variety of e-cigarettes, easy availability, and longer battery life attracts many customers towards the e-cigarette market. Several multinational giants are mainly aiming at product innovation, such as the launch of customization options and enhancement in quality to capture the emerging demand of the target customers. These developments will positively influence the growing demand of the global E-Cigarette market during the forecast period.

The growing awareness associated with conventional cigarettes' harmful effects is promoting the customers to opt for e-cigarettes. For example, as per the WHO 2019 Report, tobacco consumption kills more than 8 million people every year, including 7 million deaths caused by the consumption of tobacco and around 1.2 million deaths are a result of second-hand smoking. On the other hand, the strict regulations imposed by the government bodies across different nations such as the U.S. and Germany will hinder the growth of the market. Moreover, the stringent trading laws focused on decreasing the import of vaping devices will have an adverse influence on the global e-cigarette market.

Segmentation of the E-Cigarette Market:

By Product:

Disposable
Rechargeable
Modular
By Flavour:

Tobacco
Botanical
Fruit
Sweet
Beverage
Others
By Distribution Channel:

Online
Supermarkets/Hypermarkets
Specialist E-Cig Shops
Tobacconist
Others
By Region:

North America
o United States of America

o Canada



Asia Pacific
o China

o Japan

o India

o Rest of APAC

Europe
o United Kingdom

o Germany

o France

o Spain

o Rest of Europe

RoW
o Brazil

o South Africa

o Saudi Arabia

o UAE

o Rest of the world (remaining countries of the LAMEA region)

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