E-Cigarette and Vape Market by Distribution Channel, Product and Geography - Forecast and Analysis 2023-2027

Published: Oct 2023

Pages: 156

SKU: IRTNTR75933

Snapshot

E-Cigarette and Vape Market Size & Analysis

The Global E-cigarette and Vape market size is projected to increase by USD 66.83 billion and the market is estimated to grow at a compound annual growth rate (CAGR) of 30.41% between 2022 and 2027. Our market trends and analysis report examines historic data from 2017 to 2021, besides analyzing the current market scenario. The market's growth is influenced by several factors, such as the perceived safety of e-cigarettes compared to other tobacco products, the expanding availability of e-cigars across different distribution channels, and the continuous introduction of new products in the market.

Market Dynamics

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Key Driver

Higher safety compared to other tobacco products is driving market growth. There are several health problems associated with smoking tobacco products including respiratory diseases, cancer, and heart conditions. In fact, tobacco consumption is responsible for six million deaths annually. Passive smokers are increasingly encouraged by experts to shift towards consuming vape products. These products have reduced nicotine content which limits addiction. Moreover, products produce a flavored aerosol that delivers nicotine to the lungs, without delivering tar to the lungs. They help deliver nicotine without burning tobacco which makes it a safer alternative to conventional cigarettes. To cater to this demand several vendors are developing products that are safer options and have lesser nicotine content. Hence such factors will result in further market growth and trends during the forecast period.

Significant Trends

Product innovations in the market are a key trend in the market. Vendors are innovating new products which helps them to gain a competitive advantage over their competitors. This also results in a greater number of sales and larger revenue generated. For instance, Philip Morris International Inc. launched IQOS ILUMA in Japan in August 2021. It had enhanced features such as induction-heating technology, which was introduced for the first time and eliminated cleaning requirements.

Additionally, Japan Tobacco Inc. launched its next-generation heated tobacco device, Ploom X in July 2021. It was available across the entire country at several convenience stores and tobacco retail stores. Such product innovations will contribute to greater market growth during the forecast period.

Major Challenges

Health issues due to E-cigarettes are challenging market growth. Health issues due to E-cigarettes are challenging market growth. The health impacts of cigarettes have not been entirely identified and the long-term harmful effects of cigarettes and vaping are still under study. Certain studies have concluded that E-cigarettes trigger the same immune responses as normal cigarettes do. Moreover, they pose other concerns such as potential burns on the hands or the face caused by malfunctioning batteries. Moreover, substances used in E-cigarettes upon inhalation can contain potentially harmful elements like chemicals and heavy metals.

Additionally, the National Institute of Health concluded in October 2022 that long-term usage can seriously compromise the functioning of blood vessels in the body and increase the risk of cardiovascular disease. Moreover, another study by Cleveland Clinic found that vaping during pregnancy is not safe as it exposes the fetus to harmful chemicals like benzene and hydrogen cyanide. These can result in low birth weight and lung and brain damage in the developing fetus. Hence such factors will pose a hindrance to market growth during the forecast period.

Market Segmentation

By Distribution Channel

The offline segment, which includes department stores, supermarkets, hypermarkets, convenience stores, and shopping malls, will play a significant role during the forecast period. Major retail players like Tesco, Walmart, and Target are actively involved in selling E-cigarettes and vape products. Vendors utilize branding, signages, and discounts to boost sales. Factors such as geographical presence, production, inventory management, and transportation influence vendor operations within this segment. Supermarkets and hypermarkets enhance product visibility by dedicating specific aisles and sections..

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The offline segment was valued at USD 8.26 billion in 2017 and continued to grow until 2021. Specialty stores offer several brands and products under one roof. Market players and distributors have planned budgets for the marketing, advertising, promotions, brand-building, training, and IT support of their products. Additionally, consumers increasingly opt to purchase machines from local stores. Hence the growing number of retail outlets, variety of choices according to type, flavors, and brands, and high usage among youth will increase the demand for this segment of the market during the forecast period.

By Product Analysis

Based on the product, Modular e-cigarette segment holds the largest market share. The modular design typically consists of separate components that can be easily assembled or disassembled. The battery module is essential to an e-cigarette and provides power to heat the e-liquid. Modular cigars may offer different battery capacities or types, such as removable rechargeable batteries or built-in rechargeable batteries. In addition to that, modular e-cigarette come with advanced control features, such as variable wattage or temperature control. Such factors will drive the market segment growth.

Regional Analysis

North America is estimated to contribute 37% to the growth of the global market during the forecast period

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Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. North America is the largest market due to several factors including the rising popularity of E-cigarettes among teenagers, the growing number of retail stores and established vendors as well as the shift towards online commerce.

Moreover, regional vendors are also offering numerous flavors like fruit and mint flavors to cater to a wider market and further expand market growth during the forecast period. Established vendors like Philip Morris International Inc. (Philip Morris) and R. J. Reynolds Vapor Company have particularly witnessed growing demand for their products due to their new product launches, marketing campaigns, and mergers. Hence such factors will boost the growth of the regional market during the forecast period.

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Key Offering - Altria Group Inc. - The company offers Green Smoke Inc.
Key Offering - British American Tobacco Plc - The company offers Vuse.
Key Offering - DashVapes - The company offers Aspire Zelos, Freemax, and Geekvape.

The market growth analysis report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Market Overview

The e-cigarette and vape market witnesses a surge, particularly among younger demographics, expanding rapidly with customizable options and varied nicotine dosages. Innovations in e-cigarette technologies like pod systems and squonk mods offer diverse flavor options, including menthol, fruits, nuts, and chocolate, driving market acceptance. While North America and Europe lead in legalized usage, Asian nations face regulatory restrictions from local authorities. Market growth is fueled by sleek designs, Bluetooth connectivity, and touchscreens, with ongoing mergers, acquisitions, and collaborations reshaping the competitive landscape. Despite bans and negative perceptions, online marketplaces and vape shops thrive, catering to a diverse consumer base seeking affordability and convenience.

Segment Overview

The market forecasting forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.

Distribution Channel Outlook (USD Billion, 2017 - 2027)
- Offline
- Online
Product Outlook (USD Billion, 2017 - 2027)
- Modular
- Next-generation products
- Rechargeable
- Disposable
Region Outlook (USD Billion, 2017 - 2027)
- North America
  - The U.S.
  - Canada
- Europe
  - The U.K.
  - Germany
  - France
  - Rest of Europe
- APAC
  - China
  - India
- Middle East & Africa
  - Saudi Arabia
  - South Africa
  - Rest of the Middle East & Africa
- South America
  - Argentina
  - Brazil
  - Chile

E-Cigarette And Vape Market Scope
Market Report Coverage	Details
Page number	156
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 30.41%
Market growth 2023-2027	USD 66.83 billion
Market structure	Fragmented
YoY growth 2022-2023(%)	29.66
Regional analysis	North America, Europe, APAC, South America, and Middle East and Africa
Performing market contribution	North America at 37%
Key countries	US, China, UK, France, and Germany
Competitive landscape	Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
Key companies profiled	Allo Technology Shenzhen Co. Ltd., Altria Group Inc., British American Tobacco Plc, DashVapes, Eleaf Group, ENVI, Flavour Beast, Geekvape, Imperial Brands Plc, Innokin Technology Ltd., Japan Tobacco Inc., JUUL Labs Inc., NicQuid LLC, Philip Morris International Inc., Shenzhen Eigate Technology Co. Ltd., Shenzhen FreeMax Technology Co. Ltd., Shenzhen IVPS Technology Co. Ltd., Shenzhen KangerTech Technology Co. Ltd., SVC Labs Ltd., and Turning Point Brands Inc.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period
Customization purview	If our market research and growth report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the market between 2023 and 2027
Precise estimation of the size of the market size and its contribution of the market in focus to the parent market
Accurate predictions about upcoming trends and changes in consumer behaviour
Growth of the market industry across North America, Europe, APAC, South America, and Middle East and Africa
Our market growth and forecasting also includes a thorough analysis of the market’s competitive landscape and detailed information about companies
Comprehensive analysis of factors that will challenge the growth of market companies

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Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global e-cigarette and vape market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on global e-cigarette and vape market 2017 - 2021 ($ billion)

4.2 Distribution Channel Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Distribution Channel Segment 2017 - 2021 ($ billion)

4.3 Product Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Product Segment 2017 - 2021 ($ billion)

4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Distribution Channel

6.1 Market segments
- Exhibit 30: Chart on Distribution Channel - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Distribution Channel - Market share 2022-2027 (%)

6.2 Comparison by Distribution Channel
- Exhibit 32: Chart on Comparison by Distribution Channel
- Exhibit 33: Data Table on Comparison by Distribution Channel

6.3 Offline - Market size and forecast 2022-2027
- Exhibit 34: Chart on Offline - Market size and forecast 2022-2027 ($ billion)
- Exhibit 35: Data Table on Offline - Market size and forecast 2022-2027 ($ billion)
- Exhibit 36: Chart on Offline - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Offline - Year-over-year growth 2022-2027 (%)

6.4 Online - Market size and forecast 2022-2027
- Exhibit 38: Chart on Online - Market size and forecast 2022-2027 ($ billion)
- Exhibit 39: Data Table on Online - Market size and forecast 2022-2027 ($ billion)
- Exhibit 40: Chart on Online - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Online - Year-over-year growth 2022-2027 (%)

6.5 Market opportunity by Distribution Channel
- Exhibit 42: Market opportunity by Distribution Channel ($ billion)
- Exhibit 43: Data Table on Market opportunity by Distribution Channel ($ billion)

7 Market Segmentation by Product

7.1 Market segments
- Exhibit 44: Chart on Product - Market share 2022-2027 (%)
- Exhibit 45: Data Table on Product - Market share 2022-2027 (%)

7.2 Comparison by Product
- Exhibit 46: Chart on Comparison by Product
- Exhibit 47: Data Table on Comparison by Product

7.3 Modular e-cigarette - Market size and forecast 2022-2027
- Exhibit 48: Chart on Modular e-cigarette - Market size and forecast 2022-2027 ($ billion)
- Exhibit 49: Data Table on Modular e-cigarette - Market size and forecast 2022-2027 ($ billion)
- Exhibit 50: Chart on Modular e-cigarette - Year-over-year growth 2022-2027 (%)
- Exhibit 51: Data Table on Modular e-cigarette - Year-over-year growth 2022-2027 (%)

7.4 Next-generation products - Market size and forecast 2022-2027
- Exhibit 52: Chart on Next-generation products - Market size and forecast 2022-2027 ($ billion)
- Exhibit 53: Data Table on Next-generation products - Market size and forecast 2022-2027 ($ billion)
- Exhibit 54: Chart on Next-generation products - Year-over-year growth 2022-2027 (%)
- Exhibit 55: Data Table on Next-generation products - Year-over-year growth 2022-2027 (%)

7.5 Rechargeable e-cigarette - Market size and forecast 2022-2027
- Exhibit 56: Chart on Rechargeable e-cigarette - Market size and forecast 2022-2027 ($ billion)
- Exhibit 57: Data Table on Rechargeable e-cigarette - Market size and forecast 2022-2027 ($ billion)
- Exhibit 58: Chart on Rechargeable e-cigarette - Year-over-year growth 2022-2027 (%)
- Exhibit 59: Data Table on Rechargeable e-cigarette - Year-over-year growth 2022-2027 (%)

7.6 Disposable e-cigarette - Market size and forecast 2022-2027
- Exhibit 60: Chart on Disposable e-cigarette - Market size and forecast 2022-2027 ($ billion)
- Exhibit 61: Data Table on Disposable e-cigarette - Market size and forecast 2022-2027 ($ billion)
- Exhibit 62: Chart on Disposable e-cigarette - Year-over-year growth 2022-2027 (%)
- Exhibit 63: Data Table on Disposable e-cigarette - Year-over-year growth 2022-2027 (%)

7.7 Market opportunity by Product
- Exhibit 64: Market opportunity by Product ($ billion)
- Exhibit 65: Data Table on Market opportunity by Product ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 67: Chart on Market share by geography 2022-2027 (%)
- Exhibit 68: Data Table on Market share by geography 2022-2027 (%)

9.2 Geographic comparison
- Exhibit 69: Chart on Geographic comparison
- Exhibit 70: Data Table on Geographic comparison

9.3 North America - Market size and forecast 2022-2027
- Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)

9.4 Europe - Market size and forecast 2022-2027
- Exhibit 75: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 76: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 77: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on Europe - Year-over-year growth 2022-2027 (%)

9.5 APAC - Market size and forecast 2022-2027
- Exhibit 79: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
- Exhibit 80: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
- Exhibit 81: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on APAC - Year-over-year growth 2022-2027 (%)

9.6 South America - Market size and forecast 2022-2027
- Exhibit 83: Chart on South America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%)

9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
- Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
- Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

9.8 US - Market size and forecast 2022-2027
- Exhibit 91: Chart on US - Market size and forecast 2022-2027 ($ billion)
- Exhibit 92: Data Table on US - Market size and forecast 2022-2027 ($ billion)
- Exhibit 93: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on US - Year-over-year growth 2022-2027 (%)

9.9 UK - Market size and forecast 2022-2027
- Exhibit 95: Chart on UK - Market size and forecast 2022-2027 ($ billion)
- Exhibit 96: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
- Exhibit 97: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on UK - Year-over-year growth 2022-2027 (%)

9.10 France - Market size and forecast 2022-2027
- Exhibit 99: Chart on France - Market size and forecast 2022-2027 ($ billion)
- Exhibit 100: Data Table on France - Market size and forecast 2022-2027 ($ billion)
- Exhibit 101: Chart on France - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on France - Year-over-year growth 2022-2027 (%)

9.11 Germany - Market size and forecast 2022-2027
- Exhibit 103: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
- Exhibit 104: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
- Exhibit 105: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 106: Data Table on Germany - Year-over-year growth 2022-2027 (%)

9.12 China - Market size and forecast 2022-2027
- Exhibit 107: Chart on China - Market size and forecast 2022-2027 ($ billion)
- Exhibit 108: Data Table on China - Market size and forecast 2022-2027 ($ billion)
- Exhibit 109: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 110: Data Table on China - Year-over-year growth 2022-2027 (%)

9.13 Market opportunity by geography
- Exhibit 111: Market opportunity by geography ($ billion)
- Exhibit 112: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 113: Impact of drivers and challenges in 2022 and 2027

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 114: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 115: Overview on factors of disruption

11.4 Industry risks
- Exhibit 116: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 117: Vendors covered

12.2 Market positioning of vendors
- Exhibit 118: Matrix on vendor position and classification

12.3 Altria Group Inc.
- Exhibit 119: Altria Group Inc. - Overview
- Exhibit 120: Altria Group Inc. - Business segments
- Exhibit 121: Altria Group Inc. - Key offerings
- Exhibit 122: Altria Group Inc. - Segment focus

12.4 British American Tobacco Plc
- Exhibit 123: British American Tobacco Plc - Overview
- Exhibit 124: British American Tobacco Plc - Business segments
- Exhibit 125: British American Tobacco Plc - Key news
- Exhibit 126: British American Tobacco Plc - Key offerings
- Exhibit 127: British American Tobacco Plc - Segment focus

12.5 DashVapes
- Exhibit 128: DashVapes - Overview
- Exhibit 129: DashVapes - Product / Service
- Exhibit 130: DashVapes - Key offerings

12.6 Flavour Beast
- Exhibit 131: Flavour Beast - Overview
- Exhibit 132: Flavour Beast - Product / Service
- Exhibit 133: Flavour Beast - Key offerings

12.7 Geekvape
- Exhibit 134: Geekvape - Overview
- Exhibit 135: Geekvape - Product / Service
- Exhibit 136: Geekvape - Key offerings

12.8 Imperial Brands Plc
- Exhibit 137: Imperial Brands Plc - Overview
- Exhibit 138: Imperial Brands Plc - Business segments
- Exhibit 139: Imperial Brands Plc - Key news
- Exhibit 140: Imperial Brands Plc - Key offerings
- Exhibit 141: Imperial Brands Plc - Segment focus

12.9 Innokin Technology Ltd.
- Exhibit 142: Innokin Technology Ltd. - Overview
- Exhibit 143: Innokin Technology Ltd. - Product / Service
- Exhibit 144: Innokin Technology Ltd. - Key offerings

12.10 Japan Tobacco Inc.
- Exhibit 145: Japan Tobacco Inc. - Overview
- Exhibit 146: Japan Tobacco Inc. - Business segments
- Exhibit 147: Japan Tobacco Inc. - Key news
- Exhibit 148: Japan Tobacco Inc. - Key offerings
- Exhibit 149: Japan Tobacco Inc. - Segment focus

12.11 JUUL Labs Inc.
- Exhibit 150: JUUL Labs Inc. - Overview
- Exhibit 151: JUUL Labs Inc. - Product / Service
- Exhibit 152: JUUL Labs Inc. - Key offerings

12.12 NicQuid LLC
- Exhibit 153: NicQuid LLC - Overview
- Exhibit 154: NicQuid LLC - Product / Service
- Exhibit 155: NicQuid LLC - Key offerings

12.13 Philip Morris International Inc.
- Exhibit 156: Philip Morris International Inc. - Overview
- Exhibit 157: Philip Morris International Inc. - Business segments
- Exhibit 158: Philip Morris International Inc. - Key offerings
- Exhibit 159: Philip Morris International Inc. - Segment focus

12.14 Shenzhen IVPS Technology Co. Ltd.
- Exhibit 160: Shenzhen IVPS Technology Co. Ltd. - Overview
- Exhibit 161: Shenzhen IVPS Technology Co. Ltd. - Product / Service
- Exhibit 162: Shenzhen IVPS Technology Co. Ltd. - Key offerings

12.15 Shenzhen KangerTech Technology Co. Ltd.
- Exhibit 163: Shenzhen KangerTech Technology Co. Ltd. - Overview
- Exhibit 164: Shenzhen KangerTech Technology Co. Ltd. - Product / Service
- Exhibit 165: Shenzhen KangerTech Technology Co. Ltd. - Key offerings

12.16 SVC Labs Ltd.
- Exhibit 166: SVC Labs Ltd. - Overview
- Exhibit 167: SVC Labs Ltd. - Product / Service
- Exhibit 168: SVC Labs Ltd. - Key offerings

12.17 Turning Point Brands Inc.
- Exhibit 169: Turning Point Brands Inc. - Overview
- Exhibit 170: Turning Point Brands Inc. - Business segments
- Exhibit 171: Turning Point Brands Inc. - Key offerings
- Exhibit 172: Turning Point Brands Inc. - Segment focus

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 173: Inclusions checklist
- Exhibit 174: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 175: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 176: Research methodology
- Exhibit 177: Validation techniques employed for market sizing
- Exhibit 178: Information sources

13.5 List of abbreviations
- Exhibit 179: List of abbreviations

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

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Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

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