Global E-Cigarette & Vaporizer Market by product types (disposable e-cigarette, rechargeable e-cigarette, ego and tanks, personal vaporizers and mods and others): forecast to 2027
E-Cigarette & Vaporizer Market Overview
The Global E-cigarettes & Vaporizer Market is expected to grow at a CAGR rate of over 25.0% over the period of 2016 to 2021.
E cigarettes & vaporizers have emerged as a popular alternative to traditional consumption methods for tobacco and other substances’ consumption.
GET A FREE SMAPLE NOW @ https://www.marketresearchfuture.com/sample_request/788
Companies are in the process of capturing & solidifying their share of the market segment, by competing and experimenting with various advantage points.
E cigarettes & vaporizers have emerged as a popular alternatives to traditional consumption methods for tobacco and other substances’ consumption.
Market Research Future, a firm which specializes in market reports related to Food, Beverages & Nutrition sector among others, recently published a report on this market.
The Global E-cigarettes and Vaporizer Market is expected to grow at a CAGR rate of over 25.0% over the period of 2016 to 2021.E cigarettes have been growing in popularity and demand in recent times due to extensive word of mouth popularity and promotion through popular culture.
Increase in number of cancer cases due to cigarette consumption has prompted migration of demand to this sector.
On the basis of region the market includes regions such as North America, Europe, Asia Pacific and Others.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.
Although, China began as the first market for E-Cigarettes & Vaporizer, the U.S. and developed markets from Europe became the prime consumers of E-Cigarettes & Vaporizer, due to which these two regions collectively account for over 80% of the world market.