NEW YORK, July 27, 2022 /PRNewswire/ -- The e-cigarette market size in the UK is expected to grow by USD 1.20 billion, progressing at a CAGR of 13% as per the latest market report by Technavio. The increasing number of people trying to quit smoking is a major e-cigarette market trend in the 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, social media, and SMS support. The campaign also featured a website that highlighted e-cigarettes as a possible option to help people quit smoking.
For more highlights on the market trends - Grab a sample now!
The e-cigarette market in the UK research report extensively covers the e-cigarette market segmented in the UK by product (modular e-cigarettes, rechargeable e-cigarettes, and disposable e-cigarettes) and distribution channel (offline and online).
To know about the contribution of each segment - Grab a sample now!
The e-cigarette market in the UK is fragmented and the vendors are deploying growth strategies such as product launches and business expansions to compete in the market.
The competitive scenario provided in the E-cigarette Market in the UK report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.Don't wait, Make a strategic approach & boost your business goals with our E-cigarette Market in the UK Forecast Report - Buy Now!
E-cigarette Market in UK Scope | |
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 | USD 1.20 billion |
Market structure | Fragmented |
YoY growth (%) | 12.20 |
Regional analysis | UK |
Competitive landscape | Leading companies, competitive strategies, consumer engagement scope |
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 future consumer dynamics, market condition analysis for the forecast period, |
Customization purview | If our report has not included the data you are looking for, you can reach out to our analysts and get customized segments. |
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by Distribution channel
Customer landscape
Vendor Landscape
Vendor Analysis
Appendix
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio