NEW
YORK, July 1, 2022 /PRNewswire/ -- According to
the report "E-cigarette Market in UK by Product and Distribution
Channel- Forecast and Analysis 2021-2025", the market witnessed a
YOY growth of 12.20% in 2021 and will experience a CAGR of 13%
during the forecast period. The market is segmented by product
(modular e-cigarettes, rechargeable e-cigarettes, and disposable
e-cigarettes) and distribution channel (offline and online).
For more insights on YOY and CAGR, Read
Sample Report
Vendor Insights and
Scope
The e-cigarette market in UK is fragmented, and the vendors are
deploying growth strategies such as product launches and business
expansions to compete in the market. The report analyzes the
market's competitive landscape and offers information on several
market vendors, including 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., and Shenzhen
Kanger Technology Co. Ltd. among others.
The report also covers the
following areas:
- E-cigarette Market in UK size
- E-cigarette Market in UK trends
- E-cigarette Market in UK industry analysis
Find additional highlights on the growth
strategies adopted by vendors and their product
offerings. Read a Sample
Report.
Key Segment Analysis
The modular e-cigarettes segment will have significant
market share growth during the forecast period. There is a high
demand for these cigarettes owing to their wide penetration in
different markets, and this demand is expected to increase during
the forecast period. The cost-effectiveness of e-cigarettes will
drive the growth of the segment during the forecast period.
View a Sample
Report to know additional highlights and key
points on various market
segments and their impact in coming years.
Key Market Drivers &
Challenges:
The safety of e-cigarettes compared with other tobacco
products is driving the e-cigarette market growth in UK.
E-cigarettes deliver nicotine without burning tobacco. Hence, they
are considered less toxic and are safer alternatives to
conventional cigarettes. Smokers in the UK are switching to
e-cigarettes to reduce the aftereffects of smoking. In addition,
several players are focusing on reducing the nicotine content in
their products.
The presence of substitute products will challenge the
e-cigarette market in UK during the forecast period. A few examples
of these substitutes include cigarettes, nicotine patches, nicotine
snus, nasal sprays, inhalers, chewing tobacco, and lozenges. Many
people are attempting to quit smoking by trying other nicotine
products. This will increase the demand for alternate nicotine
products and, in turn, negatively influence the growth of the
market during the forecast period.
Download a report sample for
highlights on market drivers & challenges impacting the
market.
Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist e-cigarette
market growth in UK during the next five years
- Estimation of the e-cigarette market size in UK and its
contribution to the parent market
- Predictions on upcoming trends and changes in consumer
behavior
- The growth of the e-cigarette market in UK
- Analysis of the market's competitive landscape and detailed
information on vendors
- Comprehensive details of factors that will challenge the growth
of e-cigarette market vendors in UK
Related Reports:
E-cigarette Market by Product and Geography - Forecast and
Analysis 2022-2026
Nicotine Gum Market by Product and Geography - Forecast and
Analysis 2021-2025
E-cigarette
Market Scope in UK
|
Report
Coverage
|
Details
|
Page number
|
120
|
Base year
|
2020
|
Forecast
period
|
2021-2025
|
Growth momentum &
CAGR
|
Accelerate at a CAGR of
13%
|
Market growth
2021-2025
|
USD 1.20
billion
|
Market
structure
|
Fragmented
|
YoY growth
(%)
|
12.20
|
Regional
analysis
|
UK
|
Competitive
landscape
|
Leading companies,
Competitive strategies, Consumer engagement scope
|
Key companies
profiled
|
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., and Shenzhen Kanger Technology Co. Ltd.
|
Market
dynamics
|
Parent market analysis,
Market growth inducers and obstacles, Fast-growing and slow-growing
segment analysis, COVID 19 impact and recovery analysis and future
consumer dynamics, Market condition analysis for the forecast
period
|
Customization
purview
|
If our report has not
included the data that you are looking for, you can reach out to
our analysts and get segments customized.
|
Table of Contents
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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