Thursday, February 13, 2014

Study Report: Global E-cigarette Market 2014-2018


E cig

The analysts forecasts the Global E-cigarette Market to grow with a CAGR of 30.56 percent for the period 2013-2018. Several driving factors and trends will contribute to this growth—all of which will be outlined with detail in this report.

The analysts use a unique methodology to scrutinize individual vendor performance, trends, drivers and challenges, and a number of other factors to provide the most accurate and detailed market research reports possible.


A more specific breakdown of this report’s contents is below.


Overview of market share and landscape for the following key geographies:


- Western Europe

- North America

- Eastern and Central Europe

- South America

- APAC

- ROW


Overview of market share and landscape for the following key countries:


- US

- Germany

- Russia





Contents:

Commenting on the report, an analyst from the team said: “The Global E-cigarette market is witnessing changes in lifestyle and preferences among people across the globe. The introduction of e-cigarettes in the Tobacco industry has found a way to lure a large number of smokers. E-cigarettes are being adopted among smokers who want to quit smoking tobacco but would like to continue vaping. Furthermore, e-cigarettes are becoming popular among children between the ages of 7 and 14 years. This in turn has led to criticism of e-cigarettes in many countries. However, the market is expected to witness huge growth in the demand for e-cigarettes from children during the forecast period.”

According to the report, the Global E-cigarette market is driven by many growth factors, one of which is high demand from North America and Europe. The increased adoption of e-cigarettes among smokers in the US and developed countries in Europe is propelling their demand, which in turn is creating revenue for the market.


Further, the report states that one of the major challenges is stringent government regulations and standards. E-cigarettes are banned in many countries, including some of the big economies such as Brazil and Japan. Many countries are planning to impose stringent regulations or even ban the sale of e-cigarettes.


The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.






Companies Mentioned

- Lorillard Inc.

- NJOY Inc.

- Vapor Corp.




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