DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/jbzp7z/apac_ecigarette) has announced the addition of the "APAC E-Cigarette and Vaporizer Device Market - Estimation & Forecast 2015-2025" report to their offering.
The Asia Pacific e-cigarette device market is expected to grow over $5.37 billion by 2025, at a double digit CAGR from 2016 to 2025. The market will witness a staggering growth until 2018, by when most of the regulatory and policy framework will fall into place.
The growth rate will significantly increase thereafter, with significant revenue generation from evolving markets of China, India and Malaysia. Moreover, while disposable e-cigarettes dominated the APAC e-cigarette product market till 2015, rechargeable e-cigarettes, followed by personal vaporizers and Mods will soon take over the top market positions in terms of revenue generation.
Although Malaysia dominated the market in 2015, China is expected to become the largest revenue generating country by the end of 2025, while India is expected to grow at the fastest CAGR of 43.6% throughout the forecast period and become the second largest market in the region by 2025.
However, the state and federal government's proposals to regulate, heavily tax, or outright ban e-cigarettes are emerging as a key challenge for the market. Further, a growing market of counterfeit products and the unregulated manufacturing process in China are other restraining factors in the e-cigarette market.
Companies Mentioned:
- Electronic Cigarette Just Fog Co., Ltd.
- Firstunion
- Innokin Technology Co., Ltd.
- Itc Limited
-
Japan Tobacco, Inc.
- Joyetech
- Kanger Technology Co., Ltd.
- Kimree, Inc
- L-Rider Technology Co., Ltd.
- Mistlife
- Shenzhen Smoore Technology Co., Ltd.
- Smokefree
- Timiya Technology Co., Ltd
Key Topics Covered:
1 Research Scope, Methodology & Description
2 Executive Summary
3 Market Dynamics
4 Industry Analysis
5 Consumer's Perspective and Buyer's Criteria
6 Product Type (Price Bands)
7 Distribution Channel
8 Geography
9 APAC E-Cigarette Market Company Profiles
For more information visit http://www.researchandmarkets.com/research/jbzp7z/apac_ecigarette
