Lucintel Forecasts the Global E-cigs Market to Grow with a CAGR of 27.4% from 2025 to 2031

Lucintel Forecasts the Global E-cigs Market to Grow with a CAGR of 27.4% from 2025 to 2031

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According to a market report by Lucintel, the future of the global E-cigs market looks promising with opportunities in the applications. The global E-cigs market is expected to grow with a CAGR of 27.4% from 2025 to 2031. The major drivers for this market are the increasing consumer demand for smoke-free alternative, the rising innovation to comply with safety & quality standard, and the growing technological advancement in vaping device.

A more than 150-page report to understand trends, opportunity and forecast in global E-cigs market to 2031 by type (E-vapor and heated not burn), application (offline sales and online sales), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that, within the type category, E-vapor is expected to witness higher growth over the forecast period.

Within the application category, offline sale is expected to witness higher growth due to the growing consumer preference for in-store product trials & instant availability.

In terms of region, North America is expected to witness the highest growth over the forecast period.

Imperial Tobacco, British American Tobacco, Japan Tobacco, Altria, Philip Morris International, FirstUnion, Buddy Group, Innokin, RELX, Smoore International are the major suppliers in the E-cigs market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056