E-cigarette Market in UK Research Report by Technavio predicts USD 1.20 Bn growth - Technavio

NEW YORK, Sept. 21, 2022 /PRNewswire/ --The E-cigarette Market size in the UK is growing at a CAGR of 13% and is expected to register an incremental growth of USD 1.20 billion between 2020 and 2025. The report analyses the market size, and growth, and provides accurate predictions on the growth of the market.

• The report recognizes the following as the key players in the E-cigarette Market in the UK: British American Tobacco Plc, Imperial Brands Plc, Innokin Technology Ltd., J WELL France Sarl, Japan Tobacco Inc., and JUUL Labs Inc., among others.
• The global E-cigarette Market in the UK structure is fragmented in nature.
• Market to observe 12.20% YOY growth in 2021.

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The E-cigarette Market in the UK is segmented by product (modular e-cigarettes, rechargeable e-cigarettes, and disposable e-cigarettes) and distribution channel (offline and online).

The fact that e-cigarettes are safer than other tobacco products is one of the key factors driving growth in the UK e-cigarette market.

The modular e-cigarettes market share in the UK will expand significantly. These e-cigarettes offer a better vaping experience due to their numerous customization choices. These enable control over vapor production, changeable voltage, battery power, and e-juice.

Due to their widespread market penetration, modular e-cigarette demand is now high and is anticipated to rise with the release of new products during the projection period. One of the key elements driving the segment's growth during the projection period is how affordable these e-cigarettes are.

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The fact that e-cigarettes are safer than other tobacco products is one of the main factors boosting the market growth in the UK. Another market trend in the UK that is anticipated to have a favorable effect over the next few years is the rise in the number of people trying to stop smoking. However, during the projection period, the availability of replacement goods will provide a significant challenge to the UK e-cigarette market.

The report also covers information on the upcoming trends and challenges that will influence the market growth. Explore additional information by Downloading a Sample Report.

The E-cigarette Market in the UK is fragmented due to the presence of several players and a few well-established players. To sustain the competition, vendors are launching various campaigns to train individual learners in the English language.

Here are some of the products offered by key vendors:

• Imperial Brands Plc: The company deals with the distribution of tobacco and NGP products for tobacco and NGP product manufacturers, including Imperial Brands.
• Innokin Technology Ltd.: The company offers various types of products such as ENDURA T22 PRO, SENSIS, EQ FLTR and other related products.
• J WELL France Sarl: The company manufactures and is responsible for the sale of frozen and ambient processed foods, bakery products, and seasonings.

Herbal Cigarette Market in the US by Distribution Channel and Type - Forecast and Analysis 2022-2026: The herbal cigarette market share in the US is expected to increase by USD 315.53 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 10.75%.

Medical Marijuana Market by Application and Geography - Forecast and Analysis 2022-2026: The medical marijuana market share is expected to increase by USD 14.47 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 18.91%.

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Executive Summary

Market Landscape

• Market ecosystem
• Market characteristics
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2020
• Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

• Five forces summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Product

• Market segments
• Comparison by Product
• Modular e-cigarettes - Market size and forecast 2020-2025
• Rechargeable e-cigarettes - Market size and forecast 2020-2025
• Disposable e-cigarettes - Market size and forecast 2020-2025
• Market opportunity by Product

Market Segmentation by Distribution channel

• Market segments
• Comparison by Distribution channel
• Offline - Market size and forecast 2020-2025
• Online - Market size and forecast 2020-2025
• Market opportunity by Distribution channel

Customer landscape

• Overview
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Competitive scenario
• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• British American Tobacco Plc
• Imperial Brands Plc
• Innokin Technology Ltd.
• J WELL France Sarl
• Japan Tobacco Inc.
• JUUL Labs Inc.
• Pax Labs Inc.
• Philip Morris International Inc.
• Shenzhen IVPS Technology Co. Ltd.
• Shenzhen Kanger Technology Co. Ltd.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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