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North America E-Cigarette Market to Generate a Value of US $16.1 Billion by End of Forecast Period, 2019-2024 - ResearchAndMarkets.com

January 9, 2020 GMT

DUBLIN--(BUSINESS WIRE)--Jan 9, 2020--

The “North America E-Cigarette Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” report has been added to ResearchAndMarkets.com’s offering.

The publisher expects the market to reach a value of US$ 16.1 Billion by 2024, registering a CAGR of 18.4% during 2019-2024.

The North America e-cigarette market reached a value of US$ 5.7 Billion in 2018. E-cigarettes, also known as vape pens and e-vaping devices, are battery-operated electronic devices that simulate the experience of smoking cigarettes. They deliver dosages of vaporized nicotine or flavored solutions for being inhaled by the user. Most of these cigarettes consist of a heating element (atomizer); a mouthpiece that is used for inhaling; and a reservoir which helps in holding the liquid solution. As e-cigarettes do not burn tobacco that generates tar and carbon monoxide, they are considered relatively safer than conventional cigarettes. In recent years, they have gained immense traction, especially among young adults and adolescents, owing to the aggressive promotions by manufacturers worldwide.

North America e-cigarette market is currently driven by several factors. The increasing awareness among individuals about the harmful effects of conventional cigarettes and their growing willingness to quit smoking tobacco products are catalyzing the demand for e-cigarettes in the region. Moreover, manufacturers are introducing new-generation products that offer different strengths of nicotine and enable users to refill the cartridge. In addition to this, the availability of different flavored e-cigarette variants including mint, menthol, chocolate, bubble gum and fusions of other fruits and flavorings are attracting a large number of consumers. Apart from this, the easy availability of e-cigarettes across the well-distributed retail sector has further escalated the market growth in the region.

Key Questions Answered in This Report:

Report Coverage:

Key Topics Covered:

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study

2.2 Stakeholders

2.3 Data Sources

2.3.1 Primary Sources

2.3.2 Secondary Sources

2.4 Market Estimation

2.4.1 Bottom-Up Approach

2.4.2 Top-Down Approach

2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global E-Cigarette Market

5.1 Market Performance

5.2 Market Breakup by Product

5.3 Market Breakup by Flavor

5.4 Market Breakup by Battery Mode

5.5 Market Breakup by Distribution Channel

5.6 Market Breakup by Region

5.7 Market Forecast

6 North America E-Cigarette Market

6.1 Market Performance

6.2 Market Forecast

7 North America E-Cigarette Market: Breakup by Product

7.1 Modular E-Cigarette

7.2 Rechargeable E-Cigarette

7.3 Next-Generation E-Cigarette

7.4 Disposable E-Cigarette

8 North America E-Cigarette Market: Breakup by Flavor

8.1 Tobacco

8.2 Botanical

8.3 Fruit

8.4 Sweet

8.5 Beverage

8.6 Others

9 North America E-Cigarette Market: Breakup by Battery Mode

9.1 Automatic E-Cigarette

9.2 Manual E-Cigarette

10 North America E-Cigarette Market: Breakup by Distribution Channel

10.1 Specialist E-Cig Shops

10.2 Online Stores

10.3 Supermarkets and Hypermarkets

10.4 Tobacconist

10.5 Others

11 North America E-Cigarette Market: Breakup by Country

11.1 United States

11.1.1 Historical market Trends

11.1.2 Market Breakup by Product

11.1.3 Market Breakup by Flavor

11.1.4 Market Breakup by Battery Mode

11.1.5 Market Breakup by Distribution Channel

11.1.6 Market Forecast

11.2 Canada

12 SWOT Analysis

12.1 Overview

12.2 Strengths

12.3 Weaknesses

12.4 Opportunities

12.5 Threats

13 Value Chain Analysis

14 Porter’s Five Forces Analysis

14.1 Overview

14.2 Bargaining Power of Buyers

14.3 Bargaining Power of Suppliers

14.4 Degree of Rivalry

14.5 Threat of New Entrants

14.6 Threat of Substitutes

15 Price Analysis

16 Competitive Landscape

16.1 Market Structure

16.2 Key Players

16.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/spic7t

View source version on businesswire.com:https://www.businesswire.com/news/home/20200109005605/en/

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SOURCE: Research and Markets

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PUB: 01/09/2020 10:48 AM/DISC: 01/09/2020 10:48 AM