Share, Reach, Trends, Growth, Analysis, Demand – Blackswan Real Estate
According to the latest report of the IMARC group, entitled “E-Liquid Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026“, The global e-liquid market showed strong growth during the period 2015-2020. Looking ahead, IMARC Group expects the market to grow at a CAGR of around 15% during the period 2021-2026.
E-liquid is fluid filled in Electronic Nicotine Delivery Systems (ENDS), such as vape pens and e-cigarettes, to generate vapor. The battery in these devices provides power to heat the e-liquid, which turns it into a smooth vapor when inhaled. E-liquids are available in nicotine-free and nicotine-free variants with additional ingredients, such as propylene glycol (PG), water, vegetable glycerin (VG), and chemical flavorings. These liquids can be formulated with different levels of nicotine according to consumer preferences.
The growing adoption of e-cigarettes as a safer alternative to smoking is mainly driving the global e-liquid market as they generate less tar and carbon monoxide (CO). Additionally, increasing usage of e-cigarettes by younger demographics is propelling the growth of the market. Additionally, the availability of new flavors in e-liquids, such as blueberry and menthol, is expanding the acceptability of e-cigarettes among non-smokers, further catalyzing market growth. In addition, the awareness campaigns carried out by the governments of several countries to reduce tobacco consumption create a positive outlook for the market.
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Note: We regularly track the direct effect of COVID-19 on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.
Analysis and segmentation of the e-liquids market 2021-2026:
- Black Note Inc.
- Brezy inc.
- Crystal Canyon Vapes LLC
- e-Liquid Factory
- Mig Vapor LLC
- Molecule Labs Inc.
- Mount Baker Vapor LLC
- Nicopure Laboratories LLC
- Philip Morris International Inc.
- Marks Turning Point Inc.
- ZampleBox LLC.
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The report has segmented the market on the basis of product type, distribution channel, packaging type and region.
Breakdown by flavor:
- Menthol and Mint
- the tobacco
- Fruits and nuts
Breakdown by base type:
- PG (Propylene Glycol)
- VG (Vegetable Glycerin)
- PG and VG
Breakdown by type:
Breakdown by distribution channel:
- Supermarkets and Hypermarkets
- Specialty stores
- Online stores
Breakdown by region:
- North America (USA, Canada)
- Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
As the novel coronavirus (COVID-19) crisis engulfs the world, we continuously monitor changes in markets, as well as consumer behaviors in the industry around the world and our estimates on the latest market trends and forecasts are made. after considering the impact of this pandemic.
If you want the latest primary and secondary data (2021-2026) with cost module, business strategy, distribution channel, etc. Click request a free sample report, the published report will be emailed to you in PDF format within 24-48 hours of receipt. full payment.
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