U.K. e-cigarette market - PowerPoint PPT Presentation

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U.K. e-cigarette market

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Factors 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 P&S 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. – PowerPoint PPT presentation

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Title: U.K. e-cigarette market


1
2022
U.K. E-Cigarette Market To Generate 6,486.5
Million Revenue
2
Factors 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.   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.   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.
3
Moreover, 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.   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.   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.
4
Market 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

5
Market 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

6
Disclaimer PS Intelligence always keeps its
customers interests at the core while carrying
out research activities. PS Intelligence ensures
the reliability and accuracy of information and
data provided in its market research
publications. However, the information in
publications is subject to fluctuations, as it is
based on primary interviews of officials from
various companies or organizations. PS
Intelligence is not responsible for any incorrect
data provided by the key industry players of the
concerned domain. the information or analysis in
PS Intelligence publications represents opinions
based on research and should not be interpreted
as statements of fact. Information in this report
was believed to be correct at the time of
publication, but cannot be guaranteed. PS
Intelligence does not endorse any product,
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