Published on : Nov 18, 2019
Albany, New York, November 18, 2019: E-liquid product is popularly known as e-juice which is liquid nicotine that is used in e-cigarette and its smoking is called as vaping. E-cigarettes are presumed to be environment friendly alternatives of conventional cigarettes that relive the smokers of side effects of tar. Its preparation involves nicotine extraction followed by mixing with base substance that can be propylene glycol.
E-cigarette smoking has multiple benefits including elimination of bad smell, protection of teeth and reducing negative impacts of conventional cigarettes. Nicotine in e-cigarettes is filled with flavored liquid to provide a refreshing effect in mouth. An array of factors including increased consumer awareness regarding benefits of e-cigarettes and convenience of e-cigarettes usage positively influence the global e-liquid market growth. Availability of flavors such as mint, chocolate and tobacco boost the global market and makes e-liquid popular in younger generation.
Global e-liquid market is anticipated to grow at ?16% CAGR for the forecast period 2019-2027.
An intelligence report titled, “E-Liquid Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 – 2027”is the source of all the stated insights. This report is the latest addition to Market Research Hub’s ever growing repository
Vaping kits are preferred
Vaping devices have evolved over time and are available in chargeable, easy to use and portable types. Vaping devices as kits rea now preferred over refilling type of e-liquid devices. E-liquid sale has increased prompting the market to adopt multiple sales channels including convenience stores, hypermarkets, supermarket, small groceries, specialty stores and online retail. Different base types including PG & VG, vegetable glycerin and propylene glycol are available in market for preparation of e-liquid.
Geographically global e-liquid market can be segmented into North America, Latin America, Western Europe, Japan, Asia Pacific excluding Japan, Middle East and Africa.
Major stake holders profiled in global e-liquid market include VMR products LLC, Nicopure Labs LLC, Mt baker vapor, Figgin Vapor Co., Humble Juice Co., savage Enterprises, Smax Holdings LLC, Black Note and Vapour Labs.
Global e-liquid market: Report Synopsis
Quantitative and qualitative assessment exhort intelligence and overarching report on the Global e-liquid market. Further, the report thoroughly delineates various aspects of the market that will potentially have considerable influence on the development of the Global e-liquid market. As such, those aspects incorporate drivers, trends, restraints, and opportunities. Furthermore, the report elucidates segregation of the market that provides an exhaustive analysis on e-liquids.
An insightful and deep-dive assessment of the competitive assessment of the Global e-liquid market pins hope on Porters’ Five Force Analysis. Accordingly, the Porters’ Five Force Analysis offers a pressing analysis on the potential strategies of the preeminent players in the Global e-liquid market. In addition, the business strategies counts on company overview, product portfolio, SWOT analysis, key differentiation and recent development.
Global e-liquid market: Research Methodology
Primary sources and secondary sources propel intelligence report on Global e-liquid market that provide deep dive analysis on the market. As such, the report provides reliable and unbiased projections, and assessments which have palpable impact on the market size and historical data. Besides, the report also counts on primary sources which hinges upon in-depth and intelligent analysis from well-grounded and reliable experts, telephonic interview, and a thorough assessment from surveys and seasoned analyst.
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