Market Research Future (Food and Beverages) E-Cigarettes & Vaporizer Market Research Report | 页面 3

E-Cigarette & Vaporizer Market Research Report - Forecast 2011 to 2021
2 Market Overview
E-Cigarettes & Vaporizer Market is majorly driven by the factors such as the presence of established brands, cost-
effectiveness, perceived health benefits, and product customizations. Globally, the consumption of tobacco has
become a critical issue despite of several government initiatives to increase the awareness about the health issues
caused by consuming tobacco. Consumers addicted to tobacco find it difficult to get rid of the addiction and would
require an alternate to tobacco. This has turned out to be one of the major drivers for the growth of the E-Cigarettes
and vaporizer market globally. Alarming health issues caused due to the addiction of tobacco is the main driver to
promote growth in the market. Growing number of cancer patients due to excessive consumption of tobacco
worldwide is one of the major reasons that prompted the addicts to get rid of it. However, several people find it
difficult to succeed to do so and hence prefer e-cigarette over conventional cigarettes this in turn has resulted in to
people switching from conventional cigarettes to e-cigarettes over the past couple of years.
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.
Industry Segments:
E-Cigarette & Vaporizer Market is segmented in to 2 dynamics for the convenience of the report and enhanced
understanding.
Segmentation By Product Type: Comprises Disposable E-Cigarette, EGO and Tanks, Rechargeable E-Cigarette,
Personal Vaporizers and Mods and Others.
Segmentation by Regions: Comprises Geographical regions - Europe, North America, APAC and Rest of the World.
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.