$34.8 billion global vapor products market to 2026

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Dublin, Jan. 25, 2022 (GLOBE NEWSWIRE) — The “Global Vapor Products Market – Analysis by Product Type (E-Vape, Heat-not-Burn, Others), Distribution Channel, by Region, by Country ( 2021 edition): Market Insights and Forecast with Impact of COVID-19 (2021-2026)” report has been added to from ResearchAndMarkets.com offer.

The global vapor products market was valued at USD 34.80 billion in 2020.

In order to help smokers quit, various nicotine replacement products have come onto the market including nicotine patches, gum, inhalers, lozenges and nasal sprays. A recent trend is the vaping device, which is recognized as an alternative to conventional cigarettes.

Factors such as awareness of the harmful effects of conventional cigarettes, reduction in inhalation of tar and carbon monoxide by e-cigarettes, growth in disposable income, and increased technological developments by vaping manufacturers are driving the market growth.

The 2020 coronavirus pandemic impacted the growth of the vapor products market. The novel virus outbreak has caused a negative disruption to the overall economy due to the shutdown of production and logistics activities, affecting the demand and supply of vaping products globally.

The shortage has also led to numerous black marketing incidents for these products in European and North American countries. In order to meet the growing demand for vaping products, several vendors have adopted unique marketing strategies and offered their products through online platforms to drive product sales.

As more and more consumers become aware of the dangerous effects of smoking, they discover new and safer smoking devices, thus increasing the demand for these products. On the basis of product, the market is segmented into E-vapes, Heat-not-Burn and others. The e-vape segment is expected to be the fastest growing segment.

These devices are highly customizable and include a variety of flavors that allow users to adjust the vapor output to suit their preferences. Additionally, growing disposable income and increasing technological developments are driving the market for heat-not-burn products.

Major players operating in the global vapor market include Smoore International Holdings, Imperial Brands Plc, British American Tobacco, Japan Tobacco Inc., etc.

To gain significant market share, major players are now focusing on adopting strategies such as product innovations, mergers and acquisitions, recent developments, joint ventures, collaborations, and partnerships. The major players are starting to produce various flavors of e-liquids in the market to meet changing customer preferences, thus propelling the growth of the market.

The report tracks competitive developments, strategies, companies analyzed in the report include Smoore International Holdings Limited, Imperial Brands, Plc., British American Tobacco, Japan Tobacco, Inc., Turning Point Brands, FirstUnion, Shenzhen IPV Vaping Technology Co. , ltd. , JoyeTech, Juul Labs, NJOY.

Main topics covered:

1. Report Scope and Methodology
1.1 Scope of the report
1.2 Research methodology
1.3 Executive Summary

2. Strategic Recommendations

3. Vapor Products Market: Product Overview

4. Global Vapor Products Market: An Analysis
4.1 Market Size, by Value, Year 2016-2026
4.2 Impact of COVID-19 on the Vapor Products Market
4.3 Global Vapor Products Market

5. Global Vapor Products Market Segmentation, By Product Type (Value)
5.1 Global Vapor Products Market Segmentation, by Product Type (Value)
5.2 Vapor Products Market Competitive Scenario: By Product Type (2020 & 2026)
5.3 By E-Vape – Market Size and Forecast (2016-2026)
5.4 Unburned Heater Market by Size and Forecast (2016-2026)
5.5 By Others – Market Size and Forecast (2016-2026)

6. Global Vapor Products Market Segmentation, By Distribution Channel (Value)
6.1 Global Vapor Products Market Segmentation, by Distribution Channel (Value)
6.2 Global Vapor Products Market Competitive Scenario: By Distribution Channel Type (2020 & 2026)
6.3 By Retail Market Size and Forecast (2016-2026)
6.4 By E-commerce – Market Size and Forecast (2016-2026)

7. Global Vapor Products Market: Regional Analysis
7.1 Global Vapor Products Market Competitive Scenario: By Region (2020 & 2026)

8. Americas Vapor Products Market: An Analysis (2016-2026)
8.1 North America Vapor Products Market by Value: Size and Forecast (2016-2026)
8.2 North America Vapor Products Market: Major Companies
8.3 North America Steam Products Market: Segment Analysis
8.4 Market Segmentation by Product Type (E-Vape, Heat-not-Burn, Others)
8.5 Market Segmentation by Distribution Channel (Retail, e-Commerce)
8.6 North America Vapor Products Market: Country Analysis
8.7 Table Americas Vapor Products Market Market Opportunity – by Country, by Value (Year 2026)
8.8 Americas Vapor Products Market Competitive Scenario – By Countries (2020 & 2026)
8.9 United States Vapor Products Market: Size and Forecast (2016-2026)
8.10 United States Vapor Products Market Segmentation by Product Type, by Distribution Channel (2016-2026)
8.11 Canada Vaping Products Market: Size and Forecast (2016-2026)
8.12 Canada Vaping Products Market Segmentation by Product Type, by Distribution Channel (2016-2026)

9. Europe Steam Products Market: An Analysis (2016-2026)

10. APAC Steam Products Market: An Analysis (2016-2026)

11. Global Vapor Products Market Dynamics
11.1 Global Steam Engines Market
11.2 Global Vapor Products Market Constraints
11.3 Global Vapor Products Market Trends

12. Market attractiveness and strategic analysis
12.1 Market Attractiveness Chart of Global Vapor Products Market – By Product Type (Year 2026)
12.2 Market Attractiveness Chart of Global Vapor Products Market – By Distribution Channel (Year 2026)
12.3 Market Attractiveness Chart of Global Vapor Products Market – By Region (Year 2026)

13. Competitive landscape
13.1 Global Major Companies Market Share
13.2 SWOT Analysis – Global Vapor Products Market
13.3 Analysis of Porter Five Force – Global Vapor Products Market
13.4 Supply Chain Analysis – Global Vapor Products Market

14. Company Profiles (Company Description, Financial Analysis, Business Strategy)
14.1 Smoore International Holdings Pvt Ltd
14.2 Imperial Marks, Plc.
14.3 Japan Tobacco, Inc.
14.4 British American Tobacco
14.5 Rotating Marks
14.6 First union
14.7 Shenzhen IPV Vaping Technology Co., Ltd
14.8 Joye Tech
14.9 Juul Labs
14.10 NJOY

For more information about this report visit https://www.researchandmarkets.com/r/lncko4


        
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