Market Research Future (Food and Beverages) E-Cigarettes & Vaporizer Market Forecast to 2021 | Page 3

E-Cigarette & Vaporizer Market Research Report - Forecast 2011 to 2021
2 Market Overview
E-Cigarettes & Vaporizers are devices that vaporize liquid containing nicotine, as well as varying compositions of
flavourings, propylene glycol, glycerine, and other ingredients. The liquid is heated into an aerosol that the user
inhales. Many E-Cigarettes & Vaporizers are designed to look like conventional cigarettes, cigars, or pipes. Some
resemble pens or other everyday items. Larger devices such as tank systems or mods bear little or no resemblance
to cigarettes. These devices are said to have minimized a significant expenses of a hard core smoker and all of
vaporizers, electronic cigarettes, accessories, and batteries are eco-friendly and recyclable.
Although there are no major side effects known, a very few of customers have reported with the allergic symptoms
to PG which simply causes some irritation in the throat. All known side effects are typically associated with cigarette
withdraw and not with E-Cigarettes & Vaporizer devices. These negligible side effects coupled with factors such as,
increasing incidents of e-liquid poisoning, uncertain regulatory framework and the high costs associated with these
devices may hamper the market growth during the projected period.
Key Findings:
Globally, the North America region accounted for the largest market share in E-Cigarettes & Vaporizer
followed by Europe.
Growing awareness about the ill-effects of tobacco coupled with consumers’ preference for e-cigarette over
conventional cigarette out of their will to quit tobacco has driven the market in North America and Europe
over the past few years.
Disposable e-cigarettes have accounted for the largest market size by product type in 2015 accounting for
nearly 30% of the market size closely followed by rechargeable e-cigarette.
personal vaporizers will grow at a CAGR over 23.5% through the forecast period
Page | 3
Copyright © 2017 Market Research Future.