Industry: Consumer Goods
Published Date: 2025-01-18
Pages: 117 Pages
Report ld: 3439196
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E-Cigs Market Size(US$)

CAGR 2025-2031
9.4%
Market Size,2031
USD 37,380
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for E-Cigs was estimated to be worth US$ 20060 million in 2024 and is forecast to a readjusted size of US$ 37380 million by 2031 with a CAGR of 9.4% during the forecast period 2025-2031.
An electronic cigarette or e-cigarette is a handheld electronic device which vaporizes a flavored liquid. The user inhales the vapor. Using e-cigarettes is sometimes called vaping. The liquid in the e-cigarette, called e-liquid, is usually made of nicotine, propylene glycol, glycerine, and flavorings. Not all e-liquids contain nicotine.
Global core manufacturers of E-Cigs for In-line Systems include Imperial Tobacco, British American Tobacco, Japan Tobacco, Altria and Philip Morris International. North America is the largest consumption region, accounting for approximately 57% of the global market. In terms of type, e-vapor is the largest market segment, with a share of more than 94%. In terms of sales channel, the largest sales channel is offline sales, with a share of approximately 83%.
This report aims to provide a comprehensive presentation of the global market for E-Cigs, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of E-Cigs by region & country, by Type, and by Sales Channel.
The E-Cigs market size, estimations, and forecasts are provided in terms of sales volume (M Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding E-Cigs.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of E-Cigs manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Sales Channel, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of E-Cigs in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of E-Cigs in country level. It provides sigmate data by Type, and by Sales Channel for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Market Overview
1.1 E-Cigs Product Introduction
1.2 Global E-Cigs Market Size Forecast
1.2.1 Global E-Cigs Sales Value (2020-2031)
1.2.2 Global E-Cigs Sales Volume (2020-2031)
1.2.3 Global E-Cigs Sales Price (2020-2031)
1.3 E-Cigs Market Trends & Drivers
1.3.1 E-Cigs Industry Trends
1.3.2 E-Cigs Market Drivers & Opportunity
1.3.3 E-Cigs Market Challenges
1.3.4 E-Cigs Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global E-Cigs Players Revenue Ranking (2024)
2.2 Global E-Cigs Revenue by Company (2020-2025)
2.3 Global E-Cigs Players Sales Volume Ranking (2024)
2.4 Global E-Cigs Sales Volume by Company Players (2020-2025)
2.5 Global E-Cigs Average Price by Company (2020-2025)
2.6 Key Manufacturers E-Cigs Manufacturing Base and Headquarters
2.7 Key Manufacturers E-Cigs Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of E-Cigs
2.9 E-Cigs Market Competitive Analysis
2.9.1 E-Cigs Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by E-Cigs Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in E-Cigs as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 E-vapor
3.1.2 Heated Not Burn
3.2 Global E-Cigs Sales Value by Type
3.2.1 Global E-Cigs Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global E-Cigs Sales Value, by Type (2020-2031)
3.2.3 Global E-Cigs Sales Value, by Type (%) (2020-2031)
3.3 Global E-Cigs Sales Volume by Type
3.3.1 Global E-Cigs Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global E-Cigs Sales Volume, by Type (2020-2031)
3.3.3 Global E-Cigs Sales Volume, by Type (%) (2020-2031)
3.4 Global E-Cigs Average Price by Type (2020-2031)
4 Segmentation by Sales Channel
4.1 Introduction by Sales Channel
4.1.1 Offline Sales
4.1.2 Online Sales
4.2 Global E-Cigs Sales Value by Sales Channel
4.2.1 Global E-Cigs Sales Value by Sales Channel (2020 VS 2024 VS 2031)
4.2.2 Global E-Cigs Sales Value, by Sales Channel (2020-2031)
4.2.3 Global E-Cigs Sales Value, by Sales Channel (%) (2020-2031)
4.3 Global E-Cigs Sales Volume by Sales Channel
4.3.1 Global E-Cigs Sales Volume by Sales Channel (2020 VS 2024 VS 2031)
4.3.2 Global E-Cigs Sales Volume, by Sales Channel (2020-2031)
4.3.3 Global E-Cigs Sales Volume, by Sales Channel (%) (2020-2031)
4.4 Global E-Cigs Average Price by Sales Channel (2020-2031)
5 Segmentation by Region
5.1 Global E-Cigs Sales Value by Region
5.1.1 Global E-Cigs Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global E-Cigs Sales Value by Region (2020-2025)
5.1.3 Global E-Cigs Sales Value by Region (2026-2031)
5.1.4 Global E-Cigs Sales Value by Region (%), (2020-2031)
5.2 Global E-Cigs Sales Volume by Region
5.2.1 Global E-Cigs Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global E-Cigs Sales Volume by Region (2020-2025)
5.2.3 Global E-Cigs Sales Volume by Region (2026-2031)
5.2.4 Global E-Cigs Sales Volume by Region (%), (2020-2031)
5.3 Global E-Cigs Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America E-Cigs Sales Value, 2020-2031
5.4.2 North America E-Cigs Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe E-Cigs Sales Value, 2020-2031
5.5.2 Europe E-Cigs Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific E-Cigs Sales Value, 2020-2031
5.6.2 Asia Pacific E-Cigs Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America E-Cigs Sales Value, 2020-2031
5.7.2 South America E-Cigs Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa E-Cigs Sales Value, 2020-2031
5.8.2 Middle East & Africa E-Cigs Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions E-Cigs Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions E-Cigs Sales Value
6.2.1 Key Countries/Regions E-Cigs Sales Value, 2020-2031
6.2.2 Key Countries/Regions E-Cigs Sales Volume, 2020-2031
6.3 United States
6.3.1 United States E-Cigs Sales Value, 2020-2031
6.3.2 United States E-Cigs Sales Value by Type (%), 2024 VS 2031
6.3.3 United States E-Cigs Sales Value by Sales Channel, 2024 VS 2031
6.4 Europe
6.4.1 Europe E-Cigs Sales Value, 2020-2031
6.4.2 Europe E-Cigs Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe E-Cigs Sales Value by Sales Channel, 2024 VS 2031
6.5 China
6.5.1 China E-Cigs Sales Value, 2020-2031
6.5.2 China E-Cigs Sales Value by Type (%), 2024 VS 2031
6.5.3 China E-Cigs Sales Value by Sales Channel, 2024 VS 2031
6.6 Japan
6.6.1 Japan E-Cigs Sales Value, 2020-2031
6.6.2 Japan E-Cigs Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan E-Cigs Sales Value by Sales Channel, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea E-Cigs Sales Value, 2020-2031
6.7.2 South Korea E-Cigs Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea E-Cigs Sales Value by Sales Channel, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia E-Cigs Sales Value, 2020-2031
6.8.2 Southeast Asia E-Cigs Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia E-Cigs Sales Value by Sales Channel, 2024 VS 2031
6.9 India
6.9.1 India E-Cigs Sales Value, 2020-2031
6.9.2 India E-Cigs Sales Value by Type (%), 2024 VS 2031
6.9.3 India E-Cigs Sales Value by Sales Channel, 2024 VS 2031
7 Company Profiles
7.1 Imperial Tobacco
7.1.1 Imperial Tobacco Company Information
7.1.2 Imperial Tobacco Introduction and Business Overview
7.1.3 Imperial Tobacco E-Cigs Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Imperial Tobacco E-Cigs Product Offerings
7.1.5 Imperial Tobacco Recent Development
7.2 British American Tobacco
7.2.1 British American Tobacco Company Information
7.2.2 British American Tobacco Introduction and Business Overview
7.2.3 British American Tobacco E-Cigs Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 British American Tobacco E-Cigs Product Offerings
7.2.5 British American Tobacco Recent Development
7.3 Japan Tobacco
7.3.1 Japan Tobacco Company Information
7.3.2 Japan Tobacco Introduction and Business Overview
7.3.3 Japan Tobacco E-Cigs Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Japan Tobacco E-Cigs Product Offerings
7.3.5 Japan Tobacco Recent Development
7.4 Altria
7.4.1 Altria Company Information
7.4.2 Altria Introduction and Business Overview
7.4.3 Altria E-Cigs Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Altria E-Cigs Product Offerings
7.4.5 Altria Recent Development
7.5 Philip Morris International
7.5.1 Philip Morris International Company Information
7.5.2 Philip Morris International Introduction and Business Overview
7.5.3 Philip Morris International E-Cigs Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Philip Morris International E-Cigs Product Offerings
7.5.5 Philip Morris International Recent Development
7.6 FirstUnion
7.6.1 FirstUnion Company Information
7.6.2 FirstUnion Introduction and Business Overview
7.6.3 FirstUnion E-Cigs Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 FirstUnion E-Cigs Product Offerings
7.6.5 FirstUnion Recent Development
7.7 Buddy Group
7.7.1 Buddy Group Company Information
7.7.2 Buddy Group Introduction and Business Overview
7.7.3 Buddy Group E-Cigs Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Buddy Group E-Cigs Product Offerings
7.7.5 Buddy Group Recent Development
7.8 Innokin
7.8.1 Innokin Company Information
7.8.2 Innokin Introduction and Business Overview
7.8.3 Innokin E-Cigs Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Innokin E-Cigs Product Offerings
7.8.5 Innokin Recent Development
7.9 RELX
7.9.1 RELX Company Information
7.9.2 RELX Introduction and Business Overview
7.9.3 RELX E-Cigs Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 RELX E-Cigs Product Offerings
7.9.5 RELX Recent Development
7.10 Smoore International
7.10.1 Smoore International Company Information
7.10.2 Smoore International Introduction and Business Overview
7.10.3 Smoore International E-Cigs Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 Smoore International E-Cigs Product Offerings
7.10.5 Smoore International Recent Development
7.11 ELFBAR
7.11.1 ELFBAR Company Information
7.11.2 ELFBAR Introduction and Business Overview
7.11.3 ELFBAR E-Cigs Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 ELFBAR E-Cigs Product Offerings
7.11.5 ELFBAR Recent Development
7.12 SKE Crystal
7.12.1 SKE Crystal Company Information
7.12.2 SKE Crystal Introduction and Business Overview
7.12.3 SKE Crystal E-Cigs Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 SKE Crystal E-Cigs Product Offerings
7.12.5 SKE Crystal Recent Development
7.13 Elux
7.13.1 Elux Company Information
7.13.2 Elux Introduction and Business Overview
7.13.3 Elux E-Cigs Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 Elux E-Cigs Product Offerings
7.13.5 Elux Recent Development
7.14 MOTI
7.14.1 MOTI Company Information
7.14.2 MOTI Introduction and Business Overview
7.14.3 MOTI E-Cigs Sales, Revenue, Price and Gross Margin (2020-2025)
7.14.4 MOTI E-Cigs Product Offerings
7.14.5 MOTI Recent Development
7.15 Boulder
7.15.1 Boulder Company Information
7.15.2 Boulder Introduction and Business Overview
7.15.3 Boulder E-Cigs Sales, Revenue, Price and Gross Margin (2020-2025)
7.15.4 Boulder E-Cigs Product Offerings
7.15.5 Boulder Recent Development
8 Industry Chain Analysis
8.1 E-Cigs Industrial Chain
8.2 E-Cigs Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 E-Cigs Sales Model
8.5.2 Sales Channel
8.5.3 E-Cigs Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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