The global e-cigarette market is anticipated to grow at a significant CAGR of 17.3% during the forecast period. The e-cigarette has been around for a while and it has gained a lot of attention in the past few years as an alternative to smoking. It offers some of the difference which makes it a better option, ultimately growing the demand across the globe. There are several differences between cigarettes and e-cigarettes, some of them includes-
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The COVID-19 pandemic had impacted most industries across the globe owing to the nationwide restrictions to stop the spread of the virus which has reduced the production of most the goods. The e-cigarette market was also got affected as the supply chain of products was restricted. Furthermore, the market got highly affected by the fact that smokers are more likely to be infected with COVID-19 than non-smokers since smoking and COVID-19, affect the lungs which weakens the chances of the body to fight COVID-19. This has impacted a lot on the demand for the e-cigarette as some smokers avoided it for some time, some just reduced their use, and some quit it for life. However, as the situation normalized the market has faced significant growth in the market.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Global E-Cigarette Market Report Segment
By Type
- Disposable
- Rechargeable
- Modular
By Mode
- Automatic
- Manual
By Distribution Channel
- Online
- Offline
Global E-Cigarette Market Report Segment by Region
North America
- US
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global e-cigarette market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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