E-cigarette Market Projected to Surpass US$
12100 million by 2023
E-cigarette Market research report 2019 - 2023 provides the
newest industry data and industry future trends, allowing you
to identify the products and end users driving Revenue growth
and profitability.
Global E-cigarette Market Synopsis:
According to Market Analyst, The Global E-cigarette Market is expected to grow at an impressive
Compound Annual Growth Rate (CAGR) from 2019 to 2023.
If you want to know more about E-cigarette, Get Sample Copy of Report @
https://www.businessindustryreports.com/sample-request/139062 .
The E-cigarette industry has also suffered a certain impact, but still maintained a relatively optimistic
growth, the past four years, E-cigarette market size to maintain the average annual growth rate of
0.0669001794563 from 3400.0 million $ in 2014 to 4700.0 million $ in 2018, Market analysts believe
that in the next few years, E-cigarette market size will be further expanded, we expect that by 2023, The
market size of the E-cigarette will reach 12100.0 million $.
Presently, E-cigarette is being recognized as an alternative to conventional cigarettes, as it offers
benefits such as zero smoke, no pollution, reduces health-related problems, and can be smoked at
public places. According to Market study, The market is expected to gain traction over the forecast
period, owing to growing popularity of these products among millennial.
Some of the significant factors driving the growth of the Global E-cigarette Market are Increase in
awareness about harmful effects of conventional cigarettes, reduced tar, and carbon monoxide
inhalation through electronic cigarette, growing affluence, and rise in technological developments by
electronic cigarette manufacturers.
The global electronic cigarette market is segmented based on product type, flavor, distribution channel,
and region. Based on product type, the market is divided into disposable, rechargeable, and modular.
Flavor in electronic cigarette includes tobacco, botanical, fruit, sweet, beverage, and others. Based on
distribution channel, the market is categorized into specialist e-cig shops, online, supermarkets,
tobacconist, and others.