The “E-cigarette Market” report presents current circumstances of the industry, potential of the market in the present and the future prospects. The E-cigarette market study also evaluates the market share, growth rate, and future trends. It also covers market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors & porter’s five forces analysis of industry. Further, the report studies the E-cigarette market size, industry status and forecast, competition landscape and growth opportunity.
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The global e-cigarette market was worth USD 11.26 billion in 2018, and is projected to reach USD 18.16 billion by 2024, recording a CAGR of 8.28% over the forecast period (2019-2024). With the increasing trend toward e-commerce, online retailing is also emerging as a strong distribution channel in recent times and is expected to grow further, thereby increasing the value of distribution channels. Many ex-smokers needs a high level of nicotine concentration, it’s likely that the pods will typically come with the more potent nicotine salt (nic-salt) e-liquids which may increase the peak concentration of nicotine in the blood and allow users to achieve more satisfaction and would become a popular alternative to the standard e-liquid.
– Cost-effectiveness of disposable models of e-cigarettes, as well as cartridge models which is rechargeable and contain pre-filled cartridges, are reasonably affordable and are considered to be beneficial in the long-term, compared to traditional cigarette smoking. This remains a key driver