Title: U.K. e-cigarette market
12022
U.K. E-Cigarette Market To Generate 6,486.5
Million Revenue
2Factors such as the innovation in product design
and advancement in e-cigarette technology, rise
in demand for smokeless and vaping devices, and
fall in tobacco smoking due to the rising health
awareness among the populace are expected to
drive the growth of the U.K. e-cigarette market
at a CAGR of 19.6 during the foreseeable period.
According to PS Intelligence, the market size is
projected to reach 6,486.5 million by 2024 from
2,000.0 million in 2018. Moreover, the market is
witnessing the trends of changing lifestyle
preference and introduction of various flavors
and fragrances. Â The innovation in product
design and advancement in e-cigarette technology
is one of the main factors boosting the U.K.
e-cigarette industry growth. Tobacco
manufacturers are focusing on advanced
technologies to have a competitive edge in the
market, and thus they are introducing several
innovative items, which help in improving their
footprint across the country. For example, Japan
Tobacco Inc. launched two new flavors of tobacco
capsules, namely Pianissimo Aria Menthol and
Pianissimo Pineapple Peach Yellow Cooler, in
March 2019, for the Ploom TECH brand. Â Request
for sample copy of this report
https//www.psmarketresearch.com/market-analysis/u
k-e-cigarette-market/report-sample  Based on
product, the U.K. e-cigarette industry is
classified into cig-a-like, t-vapor, vaporizer,
and vape mod. Out of these, the vape mod category
is expected to record robust growth during the
forecast period. This can be ascribed to its
advantageous features, including power modulation
and flavor customization, which enable users to
produce more vapor as per their preference.
Furthermore, as per the National Statistics, in
2018, about 37 of the U.K. population tried an
e-cigarette at least once. This number is rising
at a rate of 24 yearly.
3Moreover, the U.K. e-cigarette market, on the
basis of distribution channel, is categorized
into vape shops, hypermarket/supermarket, online,
tobacconist, and others, wherein others include
gas stations, pharmacies, convenience stores,
vending machines, and general shops. Among these,
the vape shops category accounted for the largest
market share in 2018. This is attributed to the
increasing number of vape shops in the country.
For instance, as per the U.K. Vaping Industry
Association (UKVIA), there were around 2,000 vape
shops in the U.K. in 2017, and this number is
expected to increase in the coming
years. Â Browse full report at
https//www.psmarketresearch.com/market-analysis/u
k-e-cigarette-market  On the basis of region,
the U.K. e-cigarette market is classified into
England, Wales, Scotland, and Northern Ireland.
Geographically, England led the market in 2018.
This is ascribed to the increasing number of new
consumers in the region, who are shifting to
e-cigarettes from traditional tobacco cigarettes.
Also, regional e-cigarette players have been
investing in research and development (RD) to
invent new technologies and flavors, according to
the surging interest in e-cigarettes among people
and their preference, and attract more new users
and retain the existing customers. Â Thus, the
innovation in product design and advancement in
e-cigarette technology, and the rise in demand
for smokeless and vaping devices across the
country are projected to propel the market growth
in the coming years.
4Market Segmentation
- Market Segmentation by Product
- Cig-a-like
- Disposable
- Rechargeable
- Vaporizer
- Open tank
- Closed system
- Vape Mod
- T-Vapor
- Heat-not-burn
- Infused
- Market Segmentation by Gender
- Male
- Female
- Market Segmentation by Age-Group
- 16-24
- 25-34
- 35-44
- 45-54
- 55-65
- 65
- Market Segmentation by Distribution Channel
- Vape Shops
- Online
- Hypermarket/Supermarket
- Tobacconist
- Others
5Market Segmentation
- Market Segmentation by Region
- England
- Wales
- Scotland
- Northern Ireland
- U.K. E-Cigarette Aftermarket Segmentation
- Market Segmentation by Type
- By Type
- Refill
- By liquid type
- Nicotine-based
- Non-nicotine based
- By flavor
- Fruit
- Tobacco
- Menthol
- Candy
- Savory/Spice
- Bakery/Dessert
- Beverage
- Menthol Tobacco
- Others
- Battery and charger
- Others
- By Region England, Wales, Scotland, and
Northern Ireland
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