Global E-Liquids Market, By Base Type (PG Base, VG Base, Blend PG & VG, Vegetable Glycerine, Propylene Glycol), Flavor (Original Tobacco, Mint & Menthol, Fruit & Candy, Chocolate, Dessert, Others), Sales Channel (Hypermarket/Supermarket, Convenience Store, Specialty Store, Independent Small Groceries, Online Retail), Product (Pre-filled E-liquid, Bottled E-Liquid) Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
Market Analysis and Insights Global E-Liquids Market
Data Bridge Market Research analyses that the global e-liquids market is growing at a CAGR of 21.8% in the forecast period of 2022-2029.
E-liquid is a kind of a flavour solution in electronic cigarettes which are commonly used inside electronic cigarettes. The electronic cigarette vapour is formed by heating the e-liquids to generate an aerosol. Their main function is to produce vapour in electronic cigarettes.
The growing health awareness among population is the major factor accelerating the growth of the fruit flavored syrups market. Furthermore, fewer amounts of toxicants in the e- liquid, availability of e- liquid from different source, increasing trend of vaping & e- cigarettes, availability of different flavour of for e- liquids and production of e- liquids are also expected to drive the growth of the e-liquids market. However, stringent regulations imposed by local authorities on the use of e-liquids restrains the e-liquids market, whereas, government announced the ban on selling dessert, fruit, and mint-flavored products in the U.S. Amid the ban, companies in the U.S will challenge market growth.
In addition, technologically advanced e-cigarettes are gaining popularity will create ample opportunities for the e-liquids market.
This e-liquids market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on e-liquids market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global E-Liquids market Scope and Market Size
The e-liquids market is segmented on the basis of type, flavour, sales channel and product. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of base type, the e- liquids market is segmented in PG base, VG base, blend PG & VG, vegetable glycerine, propylene glycol.
- Based on flavour, the e- liquids market is segmented into original tobacco, mint & menthol, fruit & candy, chocolate, dessert, and other.
- Sales channel segment of the market is divided into hypermarket/supermarket, convenience store, specialty store, independent small groceries, and online retail.
- On the basis of product type, the market is segmented into pre-filled e-liquid and bottled e-liquid.
E-Liquids Market Country Level Analysis
The e-liquids market is analyses and market size, volume information is provided by country, type, flavour, sales channel and product as referenced above.
The countries covered in the e-liquids market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America dominate the e-liquids market and will continue to flourish its trend of dominance during the forecast period because of the vendors are focusing on expanding their presence in the region in terms of revenue through mergers and acquisitions. Asia-Pacific region is expected to score the highest CAGR owing to the growing consumption of tobacco smoking, coupled with the general perception that e-cigarettes and e-liquids are safer than traditional cigarettes in the region.
The country section of the e-liquids market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and E-Liquids Market Share Analysis
The e-liquids market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to e-liquids market.
The major players operating in the e-liquids market report are VistaVapors, Air Factory eliquid., KAIs Virgin Vapor, Breazy, Crystal Canyon Vapes LLC / CCVapes Eliquid., Highbrow Vapor., Vape Dudes., Dynamic Creations., Vapor Lab and Premium eJuice USA, LLC., Molecule Labs Inc., Savage Enterprises, USA Vape Lab, eMist Liquids among other.