Top

Global Vape Market (e-Cigarette and Vaporizer) - Strategic Assessment and Forecast Till 2021

Category : Consumer Goods  | Published Date : Aug-2016 | Pages : 124
enquire GET DISCOUNT
Synopsis
Vape Market (e-Cigarette and Vaporizer) Market – Report Insights
A vape product or broadly known as e-cigarette, electronic cigarette, and vaporizer is a battery operated device and has been reckoned as an alternative to traditional tobacco cigarettes by many vendors. Without the inhalation of smoke, it gives the experience of tobacco smoking where the user inhales the vaporized nicotine emitted by the device. Vape products are smoke and tobacco-free consumer products. These are also designed and used as a tobacco harm reduction (THR) product and are sold as medical devices in many countries. The major turning point for the vape product market was the year 2014 as the market witnessed a record number of major acquisitions, the launch of technologically advanced product, patent warfare, and the introduction of government regulations.

The effects of vaping on the human body are not yet fully known. However, they are considered less toxic than traditional tobacco cigarettes because they produce vapor instead of smoke. They are considered as an effective method that helps smokers quit smoking, though there is no scientifically grounded evidence for this.

Vape market (e-Cigarette and Vaporizer) research report covers the present scenario and the growth prospects of the Worldwide Vape Products (e-Cigarette and Vaporizer) Market for the period 2015-2021. The report provides in-depth analysis of market size and growth of Worldwide Vape market. This market research report includes a detailed market segmentation of the Worldwide Vapor Products Market by

Vape (e-Cigarette and Vaporizer) Products Segmentation
1) Closed System Vape Products
1.1) Cigalikes (also known as disposables/first-generation e-cigarette)
1.2) Rechargeables (also known as second-generation e-cigarette)
1.3) Refill Cartridges
2) Open System Vape Products
2.1) Vapor/tanks/mods or VTMs (also called personal vaporizer/modulars/electronic cigarette/third-generation e-cigarette)
2.2) E-liquids/e-juices

Vape (e-Cigarette and Vaporizer) Products Geographic Segmentation
1) North America
2) Europe
3) APAC
4) ROW

Vape (e-Cigarette and Vaporizer) Products Distribution Channels
1) Online
2) Retail
2.1) Convenience stores
2.2) Vape shops
2.3) Tobacco shops
2.4) Grocery
2.5) Drug stores
2.6) Others

The report also provides market share and profiles the key vendors operating in the Worldwide Vape Products Market and also provides the detailed competitive landscape of key players.

Vape (e-Cigarette and Vaporizer) Products – Market Size and Dynamics
A vaping device or vapor product is a battery-powered inhaler that simulates tobacco smoking. It is designed to provide inhaled doses of e-juice by vaporizing the flavored liquid, and then simulating the effects of smoking by vaporizing the liquid, which the user inhales and exhales. A vaping device, also known as an e-vaping device, a personal vaporizer, or an ENDS uses a heating element to vaporize the flavored liquid. The e-juices in the market are available in more than 3,000 flavors with many more being added every month.

Vape products are broadly classified into two categories: closed systems (cigalikes, rechargeables, and refill cartridges) and open systems (VTMs and e-liquids). Market research analysts at Beige Market Intelligence, expect the Worldwide Vape Products Market to reach approx. US$32.11 billion by 2021.

The Worldwide Vape Products market has been segmented on the basis of distribution channels and geographical region. North America accounted for the largest market share of more than 40% of the market in 2015; it is expected to grow at a high CAGR of around 27% between 2015 and 2021. However, APAC market is expected to account for a share of around 21% of the market in 2021.

Vape (e-Cigarette and Vaporizer) Products – Drivers and Trends
This market research report provides market overview of the factors driving and restraining the growth of the market. The report also outlines the key trends emerging in the market that will contribute to the growth of Worldwide Vape Products (e-Cigarette and Vaporizer) Market during the forecast period. The factors driving the growth of the market include consumers' perception of vapor products as an alternative to traditional tobacco cigarettes. There is increased desire among consumers worldwide to quit smoking tobacco and this has made vaping a rapidly growing concept worldwide. The global sales volume of traditional cigarettes has declined owing to an increase in sales of e-cigarette and vaping. The US witnessed about 19% decline altogether in traditional cigarette sales among adults, i.e., a drop from 20 of every 100 adults (19.8%) in 2008 to nearly 16 of every 100 adults (15.7%) in 2015. Due to this, the majority of the global players in the tobacco industry witnessed a massive decline in the shipment of traditional cigarettes in 2015, prompting bigger tobacco companies like Altria Group, Imperial Tobacco, and Reynolds American to rush into the vapor products market. Also, the increasing number of deaths caused by smoking-related cancer has propelled people to stop smoking traditional cigarettes. For instance, as per the US government, approximately 480,000 people, due to active smoking, and nearly 42,000 people, due to passive smoking, die in the country every year. The tobacco smoking is attributed to one in every five deaths in the US.

Some of the major challenges confronting the Worldwide Vape Products (e-Cigarette and Vaporizer) Market include governments introducing stringent norms to regulate vapor products. Vape products are banned in many major economies such as Brazil, Japan, and Indonesia. Also, the governments of Poland and India are considering imposing a complete ban on the sale and use of these products. In March 2016, the US Department of Transportation (DOT) banned the use of e-cigarette, vape pens and vaporizer or vapes in flights. Moreover, growing health concerns related to the use of vapor products is acting as a challenge to the growth of the market. Regulatory bodies are still not clear on how much nicotine or other chemicals are actually being inhaled by the body while vaping. In addition, the effectiveness of these products in helping people quit smoking has not been fully studied. Researchers have indicated that e-liquids containing chemical flavoring have substances which cause lung diseases. About 90% of the flavored e-liquid or e-juice in the market contain an organic compound called Diacetyl. This flavoring chemical, i.e., Diacetyl has also been linked to severe lung diseases. Exposure to this chemical leads to Bronchiolitis obliterans, spirometry abnormalities and other harmful respiratory symptoms.

The market research report also provides the Porter’s five forces analysis along with a description of each of the forces and its impact on the market.

Vape (e-Cigarette and Vaporizer) Products – Key Vendors and Market Share
This market research report profiles the major companies in the market and also provides the competitive landscape and market share of key players. Within the report covers the entire market outlook regarding the value chain operating within the market. The major players in the market include Altria Group, British American Tobacco (BAT), Imperial Brands (earlier Imperial Tobacco), Japan Tobacco, NJOY, and Reynolds American.

Other prominent vendors in the market include Ballantyne Brands, CB Distributors, Gamucci, Nicotek, RRR Chemicals, Vapor, ECIG, VMR Products, and White Cloud among others.
Scope
The scope of the research report is as follows

The study will provide the market size of the Vape market in 2015 as well as provide the expected revenue to be generated till 2021.
Details as to the various segments within the Vape markets that are contributing to the revenue of the overall market will be provided by the individual regions
The study will provide the regional segmentation of the revenue generated from the market by the following regions
APAC
Europe
Latin America
Middle East and Africa
North America
Timeline of the study is as follows
Base Year: 2015 (Actual figures)
Forecast Period: 2016-2021 (Forecasted figures)

Reasons To Buy
Why should you buy this study?

A vaping device is a battery-powered inhaler that simulates tobacco smoking. It is designed to provide inhaled doses of e-juices by vaporizing the flavored liquid, and then simulating the effects of smoking by vaporizing the liquid, which the user
inhales and exhales.

The study will tell the reader how the vape(e-cigarrette and Vaporizer) market has been performing over the last few years and how it is expected to perform over the next five years. Detailed analysis of the performance of the market is provided thereby providing the reader with key insights into what is taking place and how the market is being affected, both positively and adversely. Further to this, the vape market is one where companies need to be aware of high potential applications in order to tap them today.

In short, the study will provide a holistic view of the vapes market, which are the companies that are involved in the production and what are the factors that contribute to this market. The report will also provide information on what are some of the trends that have started to surface and are expected to be a strong driving force in the market over the next five years.
Table Of ContentsSection 1 Report Coverage
1.1 Executive Summary
1.2 Scope of the Study
1.2.1 Definition of product
1.2.2 End-user Segments
1.2.3 Base year
1.2.4 Geography
1.3 Terminology Used in the Report
1.4 Assumptions on Pricing of Various Products 2015

Section 2 Market Research Methodology
2.1 Geographical Segmentation
2.2 Vendor Segmentation
2.3 Common Currency Conversion Rates

Section 3 Market Landscape
3.1 Introduction to Vapor Products
3.2 Working system
3.3 E-juice
3.4 VTMs/Vaporizer Mods or Units

Section 4 Key Market Trends
4.1.1 Year-on-year Impact of Market Trends
4.1.2 Impact of market trends on geographies in 2015

Section 5 Key Market Growth Drivers
5.1.1 Year-on-year Impact of Market Drivers
5.1.2 Impact of Market Drivers on Geographies in 2015

Section 6 Key Market Restraints
6.1.1 Year-on-year Impact of Market Restraints
6.1.2 Impact of Market Restraints on Geographies in 2015
Section 7 Value Chain Analysis
7.1 Value Chain Analysis of the Global Vapor Products Market

Section 8 Worldwide Vapor Products Market
8.1 Historical Market Size
8.2 Market size and forecast 2015-2021
8.3 Health Concern Analysis 52
8.3.1 Negative reviews
8.3.2 Positive reviews
8.4 Vapor Products Market by Product Segment

Section 9 Market Segmentation by Distribution Channels
9.1 Distribution Channels of Global Vapor Products Market
9.1.1 Manufacture, Production, and Distribution
9.1.2 Distribution through Retail Stores
9.1.3 Distribution through Online Websites
9.1.4 Shift of Manufacturing Base from China
9.1.5 Traditional Tobacco Cigarette vis-à-vis Vapor Product Distribution Channel

Section 10 Geographical Segmentation
10.1 Global Vapor Products Market Segmentation by Geography
10.2 Vapor Products Market in North America
10.2.1 Historical Market Size 2013-2014
10.2.2 Market Size and Forecast 2015-2021
10.2.3 Key Countries
10.2.4 Top trend, driver, and restraint
10.3 Vapor Products Market in Europe
10.3.1 Historical Data 2013-2014
10.3.2 Market Size and Forecast 2015-2021
10.3.3 Key Countries
10.3.4 Top trend, driver, and restraint
10.4 Vapor products market in APAC
10.4.1 Historical data 2013-2014
10.4.2 Market Size and Forecast 2015-2021
10.4.3 Key Countries
10.4.4 Top trend, driver, and restraint
10.5 Vapor Products Market in RoW
10.5.1 Historical data: 2013-2014
10.5.2 Market size and forecast 2015-2021
10.5.3 Key Countries
10.5.4 Top trend, driver, and restraint

Section 11 Vendor Landscape
11.1 Competitive landscape
11.1.1 Advertising and Promotional Strategies
11.2 Market Vendor Analysis
11.2.1 Reynolds American
11.2.2 Imperial Brands
11.2.3 Japan Tobacco
11.2.4 Altria Group
11.2.5 NJOY
11.2.6 BAT
11.3 Other Vendors with Prominent Presence in Market
11.3.1 Ballantyne Brands
11.3.2 CB Distributors
11.3.3 Gamucci
11.3.4 Nicotek
11.3.5 RRR Chemicals
11.3.6 Vapor
11.3.7 ECIG (formerly known as Victory Electronic Cigarettes)
11.3.8 VMR Products
11.3.9 White Cloud (Leads by Sales)
Section 12 Key Vendor Analysis
12.1 Altria Group
12.1.1 Business overview
12.1.2 Products Offering in Vapor Products Market:
12.1.3 Altria in Vapor Products Market
12.1.4 Strategy
12.1.5 Strength
12.2 British American Tobacco (BAT)
12.2.1 Business Overview
12.2.2 Products Offering in Vapor Product Market
12.2.3 BAT in the Vapor Products Market
12.2.4 Strategy
12.2.5 Strength
12.3 Imperial Brands
12.3.1 Business Overview
12.3.2 Products Offerings in Vapor Products Market
12.3.3 Imperial Brands in Vapor Products Market
12.3.4 Strategy
12.3.5 Strength
12.4 Japan Tobacco
12.4.1 Business Overview
12.4.2 Products Offering in Vapor Products Market
12.4.3 Japan Tobacco in Vapor Products Market
12.4.4 Strategy
12.4.5 Strength
12.5 NJOY 111
12.5.1 Business Overview
12.5.2 Product Offerings in the Vapor Products Market
12.5.3 NJOY in the Vapor Products Market
12.5.4 Strategy
12.5.5 Strength
12.6 Reynolds American
12.6.1 Business Overview
12.6.2 Product Offerings in Vapor Products Market
12.6.3 Reynolds American in the Vapor Products Market
12.6.4 Strategies
12.6.5 Strength
Section 13 Appendix
13.1 List of abbreviations
13.2 Vapor Product in Regulatory Domain
13.2.1 Sales of Vapor Products
13.2.2 Use of Vapor Products
13.2.3 Tax 119
13.2.4 Advertising, Promotion, and Sponsorship
Section 14 Summary of the Report

EXHIBITS
Exhibit 1 Summary of the Global Vapor Products Market 2015-2021
Exhibit 2 Global Vapor Products Market at a Glance 2015
Exhibit 3 Various Countries Considered in Different Geographies
Exhibit 4 Definitions of Various Terminologies
Exhibit 5 Pricing of Various Products 2015
Exhibit 6 Assumption Made on Equivalency 2015
Exhibit 7 Market Size Calculation 2015
Exhibit 8 Currency Conversion 2013-2015
Exhibit 9 Comparison of Nicotine Levels in Vapor Products and Tobacco Cigarettes
Exhibit 10 Comparison of Vapor Products and Tobacco Cigarettes
Exhibit 11 Various VTM Brands
Exhibit 12 Difference among Cigalikes, Vaporizer Pens, and Vapor Mods/Units
Exhibit 13 Vapor Products Market in US: Cigalikes vis-à-vis VTMs and Personal Vaporizers 2013-2015 ($ billions)
Exhibit 14 Global Vapor Products Market Consolidation: Fact sheet
Exhibit 15 Various Flavors Available in Global Vapor Products Market 2015
Exhibit 16 Number of Deaths in US due to tobacco smoking annually
Exhibit 17 Advertising Expenditure on Vapor Products in US by Different Media ($ millions)
Exhibit 18 Advertisement and Promotional Spend on Vapor Products in US until June 2015 ($ millions)
Exhibit 19 Advertising and Promotional Expenditure on Vapor Products in UK 2013
Exhibit 20 Calls Received by US AAPCC Related to E-cigarette and Liquid Nicotine Exposure and Poisoning 2011-2015
Exhibit 21 Value Chain Analysis of Global Vapor Products Market
Exhibit 22 Global Vapor Products Market by Revenue: Historical data 2013-2014 ($ billion)
Exhibit 23 Various Reasons Cited by End-users to Shift toward Vapor Products (Percentage of Regular Users)
Exhibit 24 Global Vapor Products Market 2015-2021 ($ billions)
Exhibit 25 Aids Used to Quit Smoking in UK 2009-2015
Exhibit 26 Vapor Products' End-users as a Percentage of Adult Smoking Population in Selected Countries (2013-2015)
Exhibit 27 Prevalence of Tobacco Smoking and Use of Vapor Products in Selected Countries (percentage of adults) 2015
Exhibit 28 Vapor Products End-users by Tobacco Smoking Characteristics 2015 (percentage of end-users)
Exhibit 29 Penetration of VTMs in Vapor Products Markets in Selected Countries 2015
Exhibit 30 Most Commonly used Vapor Products' Flavors 2015
Exhibit 31 Vapor Products Market Revenue by Geography (2015-2021)
Exhibit 32 Global Vapor Products Market by Product Category 2015
Exhibit 33 Global Closed System Vapor Products Market by Sub-segments (2015)
Exhibit 34 Global Open System Vapor Products Market by Sub-segments (2015)
Exhibit 35 Global Vapor Products Market by Product Sub-categories (2015)
Exhibit 36 Various Distribution Channels of Vapor Products Market (2015)
Exhibit 37 Distribution Channel of Vapor Products
Exhibit 38 Distribution Channel of Traditional Tobacco Cigarette
Exhibit 39 Global Vapor Products Market by Distribution Channels 2015
Exhibit 40 Global Closed System Vapor Products Market by Distribution Channels 2015
Exhibit 41 Global Open System Vapor Products Market by Distribution Channels 2015
Exhibit 42 Market Share of Various Regions in Global Vapor Products Market (2015-2021)
Exhibit 43 Vapor Products Market in North America: Historical data 2013-2014 ($ billions)
Exhibit 44 Vapor Products Market in North America 2015-2021 ($ billions)
Exhibit 45 Traditional Tobacco Cigarette Retail Sales Volume in US 2006-2015 (billions of units/sticks)
Exhibit 46 Vapor Products Market in US 2015-2021 ($ billions)
Exhibit 47 Tobacco Cigarette Prevalence in US
Exhibit 48 Vapor Products Market in Canada 2015-2021 ($ millions)
Exhibit 49 Vapor Products Market in North America by Region: US vis-à-vis Canada 2015-2021
Exhibit 50 Vapor Products Market in Europe: Historical Data 2013-2014 ($ billions)
Exhibit 51 Vapor Products Market in Europe 2015-2021 ($ billions)
Exhibit 52 Vapor Products Market in UK 2015-2021 ($ billions)
Exhibit 53 Vapor Products End-users in UK 2015
Exhibit 54 Vapor Products Market in Poland 2015-2021 ($ millions)
Exhibit 55 Vapor Products Market Europe by Region: UK vis-à-vis Rest of Europe 2015 and 2021
Exhibit 56 Vapor Products Market in APAC: Historical Data 2013-2014 ($ millions)
Exhibit 57 Vapor Products Market in APAC 2015-2021 ($ billions)
Exhibit 58 Vapor Products Market in Malaysia 2015-2021 ($ millions)
Exhibit 59 Vapor Products Market in China 2015-2021 ($ millions)
Exhibit 60 Vapor Products Market APAC by Region: China vis-à-vis Rest of APAC 2015-2021
Exhibit 61 Vapor Products Market in RoW: Historical Data 2013-2014 ($ millions)
Exhibit 62 Vapor Products Market in RoW 2015-2021 ($ millions)
Exhibit 63 Social Media Presence of Vapor Products Vendors 2015
Exhibit 64 Global Vapor Products Market Vendor Share 2015
Exhibit 65 Descriptive Summary of the Global Vapor Products Market
Exhibit 66 Summary of Global Vapor Products Market by geography 2015-2021 ($ billions)
Exhibit 67 Summary of Global Vapor Products Market by Geography 2015-2021 (percent)

...
Publisher Name : Beige Market Intelligence

SIMILAR MARKET STUDIES

Please Select Format
Single User: US $ 2995
Five User: US $ 3500

NEED MORE INFORMATION
Contact us
Call us +1-971-202-1575
--- or ---
help@bigmarketresearch.com
WHY BIG MARKET RESEARCH
With high quality and penned to perfection, Big Market Research is an exclusive online market to get best market research reports for your business needs and strategies. We recommend you to stop browsing as soon as you discover our website. This is because we firmly believe that once you reach here; all your business concerns will be addressed.

We have a huge collection of market research report from numerous filed which will provide you with all the necessary solution. We make sure that reports that we sell are true in context, have a quality that is unrivaled, fully integrated with equal spread of opinion. They will give you proper insights into different opportunities one may locate for their start-up pr expansion.

Let your qualms and concern be sidelined through our high end syndicated as well as customized reports.
Top