According to the latest report by MarkNtel Advisors, titled “Global E-Cigarette Market By Type (Completely Disposable Model, Rechargeable but Disposable Cartomizer, Personalized Vaporizer), By Battery Mode (Automatic E-cigarette, Manual E-cigarette), By Flavour (Tobacco, Botanical, Fruit, Sweet, Beverage, Others), By Distribution Channel (Online Retail, Offline Retail), The Global E-cigarettes Market is projected to grow at a CAGR of around 3.3% during the forecast period, i.e., 2023-28. The report provides a thorough analysis of the market, covering competitor dynamics, regional insights, and a detailed breakdown of industry segments.
Base Year: 2022
Forecast Period: 2023-28
Historical Data: 2018-21
CAGR (2023-2028): 3.3%
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-By Type
Of them all, the rechargeable segment holds a larger share of the Global E-Cigarette Market mainly due to their lower costs.
-By Distribution Channel
Here, offline retail holds the largest market share. Primarily, e-cigarettes were offered for sale in retail locations like vape shops & gas stations, which allow customers to first check & try out numerous e-liquid flavors & vaporizers available in the market and then make a purchase.
-By Battery Mode
-By Flavour
-By Region
North America holds a prominent share of the E-Cigarette Market. It owes to the presence of influential tobacco companies, the mounting usage of vaping devices as a safer alternative to cigarettes, especially by the young generation, and the availability of a variety of e-cigarette flavors in the US.
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