Article Trunk



E-Cigarette & Vape Market 2025 Trends, Growth | Share, Size, Revenue, Outlook and Future Estimation

The global E-Cigarette And Vape Market is anticipated to reach USD 67.31 billion by the end 2027, according to a new report released by Million Insights. The market is anticipated to grow at a CAGR of 23.8% during the forecast period, 2020 to 2027. This growth is attributed to rising demand for e-cigarettes among millennial population owing to availability of different flavors and affordability of the devices. Moreover, it is considered as safer alternative to traditional smoking. In addition, manufacturers are providing customized products at affordable price range. This is expected to boost the demand over the forecast period.

Request a Sample PDF Copy of This Report @ https://www.millioninsights.com/industry-reports/global-e-cigarette-vape-market/request-sample

Market Synopsis of E-Cigarette & Vape Market:

Consumers prefer these devices over traditional cigarettes owing to rising health awareness among millennial population. Moreover, various flavors such as mixed fruits, dessert, tobacco, and others are available in e-liquids which is driving the segment growth. In addition, DIY ideas for preparing e-liquids by mixing certain flavors are expected to boost the demand for e-liquids over the forecast period, 2020-2027.

Prominent players are using Genomic Allergen Rapid Detection strategy to develop e-liquids to meet the require set of standards. This factor is expected to influence consumers to prefer e-cigarettes over conventional ones. In many countries such as Singapore, Uruguay, and India local authorities and health organizations have banned the selling of e-cigarettes which is expected to adversely affect the market growth.

North America was the largest market for e-cigarette and vaping devices owing to rising popularity of safer smoking alternatives and shifting trend towards healthy lifestyle. There are low to moderate entry barriers for new entrants to enter in this market. They can start their ventures by investing less amount of money. Furthermore, leading companies are concentrating on mergers, acquisition, R&D, and product innovation. Moreover, companies are adoption new technologies to attract large consumer base and expand their geographical presence.

View Full Table of Contents of This Report @ https://www.millioninsights.com/industry-reports/global-e-cigarette-vape-market

Table of Contents:-

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 E-Cigarette & Vape: Market Variables, Trends & Scope              

Chapter 4 E-Cigarette & Vape: Product Estimates & Trend Analysis

Chapter 5 E-Cigarette & Vape: Application Estimates & Trend Analysis

Chapter 6 E-Cigarette & Vape: End-use Estimates & Trend Analysis

Chapter 7 E-Cigarette & Vape: Industrial End-use Estimates & Trend Analysis

Chapter 8 E-Cigarette & Vape: Regional Estimates & Trend Analysis

Chapter 9 Competitive Landscape

Chapter 10 E-Cigarette & Vape: Manufacturers Company Profiles

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Comments are closed