According to the latest report by IMARC Group, titled, “E-Liquid Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, The global E-liquid market is expected to exhibit a CAGR of 13.2% during 2022-2027.
E-liquid is a fluid that is used to generate vapor in electronic nicotine delivery systems (ENDS) such as vape pens and e-cigarettes. The battery in these devices supplies electricity to heat the e-liquid, which when inhaled produces a pleasant vapor. Nicotine and non-nicotine e-liquids are available, as well as extra substances such as propylene glycol (PG), water, vegetable glycerin (VG), and flavoring compounds. Depending on the consumer’s preferences, these liquids can be made with varying nicotine doses.
The growing popularity of e-cigarettes as a safer alternative to smoking is driving the worldwide e-liquid market since they emit less tar and carbon monoxide (CO). Furthermore, rising e-cigarette consumption among the youthful generation is fueling market expansion. Furthermore, the availability of novel tastes in e-liquids, such as blueberry and menthol, is increasing nonsmokers’ acceptance of e-cigarettes, driving market growth even further. Aside from that, government awareness programs to reduce tobacco smoking are producing a good outlook for the sector.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
- Black Note Inc.
- Breazy Inc.
- Crystal Canyon Vapes LLC
- e-Liquid Factory
- Mig Vapor LLC
- Molecule Labs Inc.
- Mt Baker Vapor LLC
- Nicopure Labs LLC
- Philip Morris International Inc.
- Turning Point Brands Inc.
- ZampleBox LLC.
For more information about this report visit: https://www.imarcgroup.com/e-liquid-market
The report has segmented the market on the basis of Product Type, Distribution Channel, Packaging Type and Region.
Breakup by Flavor:
- Menthol and Mint
- Fruits and Nuts
Breakup by Base Type:
- PG (Propylene Glycol)
- VG (Vegetable Glycerin)
- PG and VG
Breakup by Type:
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Specialty Stores
- Online Stores
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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