E-liquid is also known as e-juice or vape juice which is used to fill e-cigarettes and personal vaporizers. These products are composed of propylene glycol, nicotine, vegetable glycerin, and flavoring agents. For refreshments, several flavors are used in e-liquid, containing mint & menthol, chocolate, fruits, etc. E- Liquid is gaining popularity, due to its tobacco-free formulation & it is also popular due to various flavors including bubble gum, candy cane, and cotton candy available in the market.
The increase in adoption of safer alternatives to smoking across the world is expected to boost the demand for e-cigarettes during this forecast period. Also, the availability of e-liquids in several flavors like menthol, chocolate, tobacco, fruit & nuts is expected to encourage the usage of e-liquids. The rise in awareness among individuals, along with the availability of e-liquids with low level of toxicants will positively influence the market growth.
E-liquids also provide a price advantage over tobacco products & they are available in various price ranges will contribute the target market growth. The growing prices of traditional cigarettes have further drive the demand for e-liquids & e-cigarettes across the globe. Technically advanced e-cigarettes gaining traction in the market, thus accelerate the demand for various e-liquids to enhance the vaping experience.
E-cigarette is not as toxic as traditional cigarette and cigars. For instance, In May 2016, the U.S. FDA finalized the 'deeming' regulation, that comprises requirements for premarket review of e-cigarettes as new tobacco products. Under this, the U.S. Food and Drug Administration can establish product standards & regulate manufacturing,, packaging, labeling, advertising, promotion, importing, sale & distribution of e-cigarettes, including components & parts of e-cigarettes.
There are various federal restrictions on marketing e-cigarettes. For example, marketing materials for e-cigarettes can’t make claims that the product exposes users to fewer toxins unless the U.S. Food and Drug Administration grant an order allowing such claims. Therefore, the above mentioned regulations against e-cigarette are anticipated to negatively affect the e-liquid market growth during the forecast period.
The Global E-liquid Market is segmented into flavors, distribution channel, base type, and region.
Based on the flavors market is segmented into Mint & Menthol, Dessert, Fruits & Nuts, Chocolate, and Others. Also, on the basis of distribution channel market is segmented into Online Distribution Channel, Online, Resellers, Online Websites, and Retail. Further, market is segmented into base type such as Propylene Glycol, Vegetable Glycerin, and PG & VG.
Based on the region the global e-liquid market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The North America is anticipated to hold the largest market share in overall e-liquid market in the year 2018. Furthermore, APAC is expected to record prominent growth throughout the forecast period. Japan & China are major countries, driving market growth in APAC. The increase in number of lung cancer cases, due to tobacco smoking is raising the demand for e-cigarettes devices, which is expected to support the market growth in Asia Pacific.
By Region
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global E-liquid Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global E-liquid Market, By Flavors
5.1 Y-o-Y Growth Comparison, By Flavors
5.2 Global E-liquid Market Share Analysis, By Flavors
5.3 Global E-liquid Market Size and Forecast, By Flavors
5.3.1 Mint & Menthol
5.3.2 Dessert
5.3.3 Fruits & Nuts
5.3.4 Chocolate
5.3.5 Others
6 Global E-liquid Market, By Distribution Channel
6.1 Y-o-Y Growth Comparison, By Distribution Channel
6.2 Global E-liquid Market Share Analysis, By Distribution Channel
6.3 Global E-liquid Market Size and Forecast, By Distribution Channel
6.3.1 Online
6.3.2 Resellers
6.3.3 Online Websites
6.3.4 Retail
7 Global E-liquid Market, By Base Type
7.1 Y-o-Y Growth Comparison, By Base Type
7.2 Global E-liquid Market Share Analysis, By Base Type
7.3 Global E-liquid Market Size and Forecast, By Base Type
7.3. 1 Propylene Glycol
7.3.2 Vegetable Glycerin
7.3.3 PG & VG
8Global E-liquid Market, By Region
8.1 Global E-liquid Market Share Analysis, By Region
8.2 Global E-liquid Market Share Analysis, By Region
8.3 Global E-liquid Market Size and Forecast, By Region
9 North America E-liquid Market Analysis and Forecast (2020-2030)
9.1 Introduction
9.2 North America E-liquid Market Share Analysis, By Flavors
9.3 North America E-liquid Market Size and Forecast, By Distribution Channel
9.4 North America E-liquid Market Size and Forecast, By Base Type
9.5 North America E-liquid Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10EuropeE-liquid Market Analysis and Forecast (2020-2030)
10.1 Introduction
10.2 Europe E-liquid Market Share Analysis, By Flavors
10.3 Europe E-liquid Market Size and Forecast, By Distribution Channel
10.4 Europe E-liquid Market Size and Forecast, By Base Type
10.5 Europe E-liquid Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11Asia Pacific E-liquid Market Analysis and Forecast (2020-2030)
11.1 Introduction
11.2 Asia Pacific E-liquid Market Share Analysis, By Flavors
11.3 Asia Pacific E-liquid Market Size and Forecast, By Distribution Channel
11.4 Asia Pacific E-liquid Market Size and Forecast, By Base Type
11.5 Asia Pacific E-liquid Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12Latin America E-liquid Market Analysis and Forecast (2020-2030)
12.1 Introduction
12.2 Latin America E-liquid Market Share Analysis, By Flavors
12.3 Latin America E-liquid Market Size and Forecast, By Distribution Channel
12.4 Latin America E-liquid Market Size and Forecast, By Base Type
12.5 Latin America E-liquid Market Size and Forecast, Country
13Middle East E-liquid Market Analysis and Forecast (2020-2030)
13.1 Introduction
13.2 Middle East E-liquid Market Share Analysis, By Flavors
13.3 Middle East E-liquid Market Size and Forecast, By Distribution Channel
13.4 Middle East E-liquid Market Size and Forecast, By Base Type
13.5 Middle East E-liquid Market Size and Forecast, By Country
14Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15Company Profiles
15.1 VMR Flavors LLC
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2. ZampleBox, LLC
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. VistaVapors, Inc
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Mig Vapor LLC
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 VaporFi, Inc
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Black Note
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Virgin Vapor
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 eLiquid Factory
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Crystal Canyon Vapes LLC
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Breazy
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
15.11 Highbrow Vapor
15.11.1 Overview
15.11.2 Offerings
15.11.3 Key Financials
15.11.4 Business Segment & Geographic Overview
15.11.5 Key Market Developments
15.11.6 Key Strategies
