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Global Vaping Tank Market 2018-2022

  • Published: Oct 2018
  • Pages: 113
  • SKU: IRTNTR23557
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The global vaping tank market size will grow by USD 8.04 billion during 2018-2022. This report offers an analysis of the market based on the product (OVT and CVT) and geography (the Americas, APAC, and EMEA). The vaping tank market research report further analyzes the market’s competitive landscape and offers information on several companies including Aspire, IJOY, Imperial Brands, Innokin Technology, Joyetech Group, Shenzhen IVPS Technology, and VapeFly.net.

Below are some of the key findings from the vaping tank market research report

Vaping Tank Market

 

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Global vaping tank industry overview

Several government agencies have increasingly started urging smokers to quit smoking conventional cigarettes and try safer alternatives available in the market. In addition, the surging number of vape shops and stores across the globe has also flourished the demand and popularity of vaping products and e-cigarette-based products in recent years. Consequently, the rising number of vapers in several economies including the US, the UK, France, Germany, Italy, Spain, South Korea, and Poland are leading the vaping tank to register a CAGR of close to 29% during the forecast period.

The growing e-commerce-based retailing is one of the key trends expected to gain prominence in the market. Vendors are enhancing their profitability through the growing e-commerce businesses. The rising number of online shoppers across the world will eventually translate into an increasing sale of the vaping tank products through omnichannel retailing. The trend of online shopping portals is further encouraging several manufacturers for concentrating on the internet-savvy customer segment and exploring the new online retail format. This will further drive the adoption of vaping tanks across the advanced and emerging economies.

Top vaping tank companies covered in this market research report

The vaping tank market is moderately fragmented with companies focusing on the mergers and acquisitions to increase their market share and presence. By offering a complete analysis of the market's competitive landscape and with information on the products offered by the companies, this vaping tank industry analysis report will aid clients to identify new growth opportunities and design innovative strategies for strengthening their position in the market.

The report offers a complete analysis of various companies including:

  • Aspire
  • IJOY
  • Imperial Brands
  • Innokin Technology
  • Joyetech Group
  • Shenzhen IVPS Technology
  • VapeFly.net

Vaping tank market segmentation based on geographic regions

  • Americas
  • APAC
  • EMEA

With a complete study of the growth opportunities for the companies, the Americas will account for the highest vaping tank market revenue throughout the forecast period due to the rising demand and popularity of OVT products coupled with the rising number of convenience stores, supermarkets, hypermarkets, and vape shops. The APAC region will contribute to the fastest growth in the market due to the growing demand for vaping tank products in countries including India, China, Australia, Malaysia, and South Korea.

Vaping tank market segmentation based on product

  • OVT
  • CVT

The OVT segment will account for the highest vaping tank market growth due to the rising number of organized retailing outlets offering OVT products and the growing number of new product launches featuring OVT products. Additionally, the report also provides an accurate prediction of the contribution of the various product segments to the growth of the vaping tank market size.

Key highlights of the global vaping tank market for the forecast years 2018-2022:

  • CAGR of the market during the forecast period 2018-2022
  • Detailed information on factors that will accelerate the growth of the vaping tank market during the next five years
  • Precise estimation of the global vaping tank market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • Growth of the vaping tank industry across the Americas, APAC, and EMEA
  • A thorough analysis of the market's competitive landscape and detailed information on several vendors
  • Comprehensive details on the factors that will challenge the growth of vaping tank companies

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Table of Contents

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 05: MARKET SIZING

  • Market definition
  • Market sizing 2017
  • Market size and forecast 2017-2022

PART 06: FIVE FORCES ANALYSIS

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

PART 07: MARKET SEGMENTATION BY PRODUCT

  • Segmentation by product
  • Comparison by product
  • Global OVT market – Market size and forecast 2017-2022
  • Global CVT market – Market size and forecast 2017-2022
  • Market opportunity by product

PART 08: CUSTOMER LANDSCAPE

PART 09: REGIONAL LANDSCAPE

  • Geographical segmentation
  • Regional comparison
  • Vaping tank market in Americas – Market size and forecast 2017-2022
  • Vaping tank market in EMEA – Market size and forecast 2017-2022
  • Vaping tank market in APAC – Market size and forecast 2017-2022
  • Key leading countries
  • Vaping tank market in the US
  • Vaping tank market in the UK
  • Vaping tank market in China
  • Vaping tank market in Poland
  • Vaping tank market in France
  • Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 12: MARKET TRENDS

  • Rising trend of mergers and acquisitions
  • Growing e-commerce-based retailing
  • Product innovation in terms of styles and flavors

PART 13: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive Landscape

PART 14: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Aspire
  • IJOY
  • Imperial Brands
  • Innokin Technology
  • Joyetech Group
  • Shenzhen IVPS Technology
  • VapeFly.net

PART 15: APPENDIX

  • 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
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