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Subjects: MAT, MRR

E-cigarette Market in the UK Recorded 12.20% Y-O-Y Growth Rate in 2021, Increasing Number of People trying to Quit Smoking is a Major Trend Fueling the Market Growth - Technavio


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.

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E-cigarette Market In the UK: Market Dynamics
E-cigarette Market in the UK: Segmentation Analysis

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). 

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E-cigarette Market in the UK: Vendor Analysis

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.

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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!

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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.

Table of Content

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

About Us

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.

Contact

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



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