DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/p87bz4/ecigarette) has announced the addition of the "E-cigarette Market in the US 2015-2019" report to their offering.
The e-cigarettes market in the US is expected to grow at a CAGR of around 33% during the forecast period.
The increased desire among consumers to quit smoking tobacco is the primary driver for the growth of this market. For instance, according to the US government, approximately 480,000 people die in the country every year due to active smoking. E-cigarettes are considered a healthier alternative to tobacco smoking, and, therefore, are becoming popular among end-users.
The e-cigarette market in the US has many opportunities for mergers and acquisitions by large vendors who are aiming to enhance their market presence and market potential. Many vendors are expected to acquire small and domestic suppliers during the forecast period to increase their market shares, which will enhance their distribution channels and improve their market reach.
According to the report, the sales volume of traditional cigarettes has declined with an increase in the sales of e-cigarettes. The majority of the global players in the tobacco industry witnessed a decline in the shipment of traditional cigarettes in 2014. An increasing number of deaths caused by smoking-related cancers has propelled people to stop smoking traditional cigarettes.
Further, the report states that the price of high-quality e-cigarettes is increasing as a result of the increase in the prices of raw materials and the demand for good-quality e-liquids. The introduction of different flavors and new-generation e-cigarette devices are further expected to increase their prices in the future. Several vendors are trying to provide these products at low prices to gain market share. However, this will affect vendors' profit margins in the long run.
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Worldwide cigarette statistics: Per capita consumption per year
PART 06: Market landscape
PART 07: Product life cycle analysis
PART 08: Market segmentation by product
PART 09: Market segmentation by distribution channel
PART 10: Market drivers
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Vendor landscape
PART 16: Other prominent vendors
PART 17: Key vendor analysis
- Altria Group
- CB Distributors
- Imperial Tobacco
- LOGIC Technology
- Reynolds American
- Ballantyne Brands
- British American Tobacco
- FIN Branding
- Japan Tobacco
- RRR Chemicals
- Victory Electronic Cigarettes
- VMR Products
For more information visit http://www.researchandmarkets.com/research/p87bz4/ecigarette