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E-cigarette Market in UK by Product and Distribution Channel- Forecast and Analysis 2021-2025

  • Published: May 2021
  • Pages: 120
  • SKU: IRTNTR70622
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The e-cigarette market share in UK is expected to increase by USD 1.20 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 13%.

This e-cigarette market in UK research report extensively covers e-cigarette market segmentation in UK by product (modular e-cigarettes, rechargeable e-cigarettes, and disposable e-cigarettes) and distribution channel (offline and online). The e-cigarette market in UK report also offers information on several market vendors, including British American Tobacco Plc, Imperial Brands Plc, Innokin Technology Ltd., J WELL France Sarl, Japan Tobacco Inc., JUUL Labs Inc., Pax Labs Inc., Philip Morris International Inc., Shenzhen IVPS Technology Co. Ltd., and Shenzhen Kanger Technology Co. Ltd. among others.

What will the E-cigarette Market Size in UK be During the Forecast Period?

E-cigarette Market Size

Download the Free Report Sample to Unlock the E-cigarette Market Size in UK for the Forecast Period and Other Important Statistics

 

E-cigarette Market in UK: Key Drivers, Trends, and Challenges

Based on our research output, there has been a neutral impact on the market growth during and post-COVID-19 era. The safety of e-cigarettes compared with other tobacco products is notably driving the e-cigarette market growth in UK, although factors such as presence of substitute products may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the e-cigarette industry in UK. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key E-cigarette Market Driver in UK

One of the key factors driving growth in the e-cigarette market in UK is that they are safer than other tobacco products. Smoking tobacco products account for more than six million deaths every year globally. This includes six hundred thousand non-smokers who are subjected to passive smoking. Respiratory diseases, cancer, and heart conditions are a few health problems that smoking tobacco products induce. Hence, experts in the UK are urging smokers to switch to e-cigarettes to reduce the aftereffects of smoking. Since the last decade, several players have focused on reducing the nicotine content in their products. E-cigarettes produce a flavored aerosol that is responsible for delivering nicotine to the lungs, which stimulates tobacco smoking without delivering toxic chemicals like tar to the lungs. Since e-cigarettes deliver nicotine without burning tobacco, they are considered less toxic and safer alternatives to conventional cigarettes.

Key E-cigarette Market Trend in UK

The increasing number of people trying to quit smoking is a major e-cigarette market trend in UK that is expected to have a positive impact during the coming years. Consumers trying to quit smoking prefer e-cigarettes over normal cigarettes, which is the major factor driving the market. Most consumers opt for e-cigarettes to quit smoking. The number of adults smoking in the UK decreased over the last five years and is expected to drop further during the forecast period. On the other hand, the number of consumers using e-cigarettes is increasing in the UK. In December 2017, an agency called Public Health England launched a smoking cessation campaign, which included face-to-face help, stop smoking aids, an app, and social media, and SMS support. The campaign also featured a website that highlighted e-cigarettes as a possible option to help people quit smoking.

Key E-cigarette Market Challenge in UK

The presence of substitute products will be a major challenge for the e-cigarette market in UK during the forecast period. The presence of various substitutes such as cigarettes, nicotine patches, nicotine snus, nasal sprays, inhalers, chewing tobacco, and lozenges is a major challenge for the market. The demand for tobacco products and nicotine patches is increasing in the UK. This will stimulate the availability of nicotine patches across the country and, in turn, will increase their sales during the forecast period. The sales of nicotine gums are also increasing in the UK. The number of people attempting to quit smoking by trying out other nicotine products is also growing. This will increase the demand for alternate nicotine products, thus negatively influencing the growth of the market.

This e-cigarette market in UK analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Parent Market Analysis

Technavio categorizes the e-cigarette market in UK as a part of the global tobacco market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the e-cigarette market in UK during the forecast period.

Who are the Major E-cigarette Market Vendors in UK?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • British American Tobacco Plc
  • Imperial Brands Plc
  • Innokin Technology Ltd.
  • J WELL France Sarl
  • Japan Tobacco Inc.
  • JUUL Labs Inc.
  • Pax Labs Inc.
  • Philip Morris International Inc.
  • Shenzhen IVPS Technology Co. Ltd.
  • Shenzhen Kanger Technology Co. Ltd.

 

This statistical study of the e-cigarette market in UK encompasses successful business strategies deployed by the key vendors. The e-cigarette market in UK is fragmented and the vendors are deploying growth strategies such as product launches and business expansions to compete in the market.

Product Insights and News

  • Pax Labs Inc - The company offers PAX3, PAX2, PAX Era Pro and other products.

To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The e-cigarette market in UK forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

E-cigarette Market in UK Value Chain Analysis

Our report provides extensive information on the value chain analysis for the e-cigarette market in UK, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

What are the Revenue-generating Product Segments in the E-cigarette Market in UK?

E-cigarette Market Market segmentation by region

To gain further insights on the market contribution of various segments Request for a FREE sample

The e-cigarette market share growth in UK by the modular e-cigarettes segment will be significant during the forecast period.These e-cigarettes provide an enhanced vaping experience as they have many options for customization. These allow controlling the amount of vapor, variable voltage, battery strength, and e-liquid juice. The demand for modular e-cigarettes is currently high due to their wide penetration in different markets and is expected to increase during the forecast period with the introduction of new products. The cost-effectiveness of these e-cigarettes is one of the major factors that will contribute to the growth of the segment during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the e-cigarette market size in UK and actionable market insights on the post-COVID-19 impact on each segment.

 

E-cigarette Market Scope in UK

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 13%

Market growth 2021-2025

$ 1.20 billion

Market structure

Fragmented

YoY growth (%)

12.20

Regional analysis

UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

British American Tobacco Plc, Imperial Brands Plc, Innokin Technology Ltd., J WELL France Sarl, Japan Tobacco Inc., JUUL Labs Inc., Pax Labs Inc., Philip Morris International Inc., Shenzhen IVPS Technology Co. Ltd., and Shenzhen Kanger Technology Co. Ltd.

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, and Market condition analysis for the forecast period.

Customization purview

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What are the Key Data Covered in this E-cigarette Market in UK Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive e-cigarette market growth in UK during the next five years
  • Precise estimation of the e-cigarette market size in UK and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the e-cigarette industry in UK
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of e-cigarette market vendors in UK

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Market characteristics
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Product

    • Market segments
    • Comparison by Product
    • Modular e-cigarettes - Market size and forecast 2020-2025
    • Rechargeable e-cigarettes - Market size and forecast 2020-2025
    • Disposable e-cigarettes - Market size and forecast 2020-2025
    • Market opportunity by Product

    Market Segmentation by Distribution channel

    • Market segments
    • Comparison by Distribution channel
    • Offline - Market size and forecast 2020-2025
    • Online - Market size and forecast 2020-2025
    • Market opportunity by Distribution channel

    Customer landscape

    • Overview
    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Competitive scenario
    • Vendor landscape
    • Landscape disruption

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • British American Tobacco Plc
    • Imperial Brands Plc
    • Innokin Technology Ltd.
    • J WELL France Sarl
    • Japan Tobacco Inc.
    • JUUL Labs Inc.
    • Pax Labs Inc.
    • Philip Morris International Inc.
    • Shenzhen IVPS Technology Co. Ltd.
    • Shenzhen Kanger Technology Co. Ltd.

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    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.

    TechnavioINFORMATION 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
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    TechnavioDATA 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
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    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
    Interested in this report?
    Get your sample now!
    E-cigarette Market in UK market growth will increase by $1.20 bn during 2021-2025.
    The e-cigarette market in uk market is expected to grow at a CAGR of 13% during 2021-2025.
    Technavio has segmented the e-cigarette market in uk market by product (modular e-cigarettes, rechargeable e-cigarettes, and disposable e-cigarettes) ,distribution channel (offline and online) , and geographic (Europe).
    British American Tobacco Plc, Imperial Brands Plc, Innokin Technology Ltd., J WELL France Sarl, Japan Tobacco Inc., JUUL Labs Inc., Pax Labs Inc., Philip Morris International Inc., Shenzhen IVPS Technology Co. Ltd., Shenzhen Kanger Technology Co. Ltd. are a few of the key vendors in the e-cigarette market in uk market.
    UK will register the highest growth rate of 100% among the other regions. Therefore, the e-cigarette market in uk market in UK is expected to garner significant business opportunities for the vendors during the forecast period.
    The key factors driving the e-cigarette market in uk market growth are:
    • safety of e-cigarettes compared with other tobacco products
    • High availability of e-cigarettes across different distribution formats
    The e-cigarette market in uk market vendors should focus on grabbing business opportunities from the modular e-cigarettes segment as it accounted for the largest market share in the base year.
    • 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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