DUBLIN--(BUSINESS WIRE)--The "Global E-cigarette Market - by Product Type, Distribution, Region - Market Size, Demand Forecasts, Company Profiles, Industry Trends and Updates (2017-2023)" report has been added to ResearchAndMarkets.com's offering.
The global e-cigarette market was 10.1 billion USD in 2017 and will reach 28.4 billion USD by 2023 with a CAGR of 18.81% during the period.
Increasing health concerns among the smoking population is key factor for the growth of the market. Increasing disposable income of consumers in developed countries is driving the market. However, stringent regulations by government on e-cigarettes manufacturers is hampering the market growth.
North America has highest market share owing to high awareness of electronic cigarettes and health hazards due to smoking tobacco. Asia-Pacific will show significant growth rate due to increasing awareness of ill-effects of tobacco cigarettes.
Industry Trends & Updates
- Phillip Moris International planned to invest approximately EUR 490 million to transform its cigarette production factory in Otopeni, near Bucharest, Romania, into a high-tech facility to manufacture HEETS, the tobacco units used with the electronic tobacco heating device, IQOS.
- Vapor Corp. changed its corporate name to Healthier Choices Management Corp., to reflect its focus on managing healthy food markets and other healthier lifestyle alternatives.
Companies Profiled
- British American Tobacco
- Altria Group
- Imperial Brands
- Japan Tobacco
- NJOY
- Philip Morris
- Healthier Choices
- Reynolds American
- Cloudcig
- ITC
- MCIG
- International Vapor Group
- Nicotek
- VMR Flavours
Key Topics Covered
1. Research Methodology
2. Executive Summary
3. Market Overview
4. Market Dynamics
5. Global E-cigarette Market Segmentation, Forecasts and Trends - by Product Type
6. Global E-cigarette Market Segmentation, Forecasts and Trends - by Distribution
7. Global E-cigarette Market Segmentation, Forecasts and Trends - by Region
8. Company Market Share Analysis
9. Company Profiles
10. Industry Structure
11. Global E-cigarette Market - The Road Ahead
For more information about this report visit https://www.researchandmarkets.com/research/xz55p4/global?w=4
