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Showing posts with label U.K. E-Cigarette Market Growth. Show all posts
Showing posts with label U.K. E-Cigarette Market Growth. Show all posts

Monday, October 21, 2019

October 21, 2019

Ill-Effects of Smoking Tobacco to Aid in U.K. E-Cigarette Market Growth

 
Many studies have been conducted across the world that have linked the harmful effects of tobacco smoking to cancers of the larynx, lung, esophagus, pancreas, stomach, and other organs. Smoking tobacco, either directly or indirectly, is harmful to people as it contains more than 4,000 chemicals, of which 250 are known to be harmful.

Among these 250, about 70 chemicals are carcinogenic, which include cumene, chromium, arsenic, and benzene. Therefore, for people to eliminate the risk of cancer and other diseases, and yet be able to smoke, electronic cigarettes (e-cigarettes) are gaining popularity.

Request Sample Copy of Report ::  http://bit.ly/2YQT2Ul​

These cigarettes are tobacco-free and do not contain chemicals and carcinogens. Instead of burning tobacco, e-cigarettes contain nicotine in the liquid form, which, when heated, provides a similar sensation as a traditional cigarette. Further, these cigarettes do not emit toxic fumes, thereby witnessing a high demand around the world, including the U.K.

The highest demand in the past had been for vaporizer e-cigarettes. They resemble a fountain pen and contain a tank, a battery, and a mouthpiece.  Even though in the future, vaporizers would continue being the most popular, the fastest growth in demand would be witnessed by the T-vapor type. These products heat the liquid at temperatures of 350 °C to produce nicotine vapors.

A study conducted by P&S Intelligence predicted that the U.K. e-cigarette market would grow from about $2.0 billion in 2018 to around $6.5 billion in the near future, advancing at a 19.6% CAGR. These e-cigarettes are available in various types — T-vapor, vaporizer, cig-a-like, and vape mod.
The freedom to create flavors of one’s choice is adding to the popularity of e-cigarettes in the U.K.

Manufacturers are coming up with the do-it-yourself (DIY) concept, wherein people can mix different flavors as per their liking to create a new one. The flavor of choice can be mixed with the base liquid and used for smoking.

To further entice customers with their products, companies are launching an extensive range of flavors for making e-juice, thus enabling customers to make their own e-juice and have a more personalized smoking experience. Therefore, in the coming time, the demand for e-cigarettes in the U.K. would continue to increase with the trend of DIY e-juice.


Sunday, July 14, 2019

July 14, 2019

U.K. E-Cigarette Market to Achieve Significant Growth in the Near Future


The U.K. e-cigarette market is forecast to reach $6,486.5 million by 2024, registering a CAGR of 19.6% during the forecast period. The growth can be attributed to advancement in product design, growing demand for vaping devices, and fall in tobacco smoking due to rising.

On the basis of gender, the market is categorized into male and female. Of these, male consumers dominate the U.K. e-cigarette market, where the segment generated majority of the revenue share in 2018. Prevalence of more male traditional cigarette consumers in the country, opting for e-cigarettes have been a major factor for the large-scale adoption among male consumers.

Request Sample Copy of Report :: https://www.psmarketresearch.com/market-analysis/uk-e-cigarette-market/report-sample

Based on age group, the market is segmented into 16-24, 25-34, 35-44, 45-54, 55-65, and 65+. As of 2018, consumers within the age group of 16-24 held the largest share in the U.K. e-cigarette market. It has been observed that e-cigarette smokers from urban areas and having higher educational levels contributed maximum to the 16-24 age group in the e-cigarette market.

On the basis of distribution channel, U.K. e-cigarette market is classified into vape shops, online, hypermarket/supermarket, tobacconist, and others, wherein others include convenience stores, gas stations, vending machines, pharmacies, and general shops.

Growing awareness pertaining to the harmful effects of smoking is increasing day by day across the country. This has resulted in the development of alternatives that help consumers quit traditional cigarettes. Cancer caused by smoking is one of the major concerns affecting the populace.

The U.K. e-cigarette is a fragmented market having high competition. Companies such as Imperial Brands plc, British American Tobacco plc, Japan Tobacco Inc., and Philip Morris International Inc. are the leading players in the market.

Read summary of report here :: https://www.psmarketresearch.com/market-analysis/uk-e-cigarette-market

Some of the key players operating in the U.K. e-cigarette market are Philip Morris International Inc., British American Tobacco p.l.c., Altria Group Inc., Japan Tobacco Inc., Imperial Brands PLC, JUUL Labs Inc., Shenzhen iSmoka Electronics Co., Ltd., Shenzhen IVPS Technology Corporation Ltd., Innokin Technology Co. Ltd, Shenzhen Kanger Technology Co., Ltd., and Pax Labs Inc.

U.K. E-Cigarette Market

Market Segmentation by Product

• Cig-a-like
o Disposable
o Rechargeable
• Vaporizer
o Open tank
o Closed system
• Vape Mod
• T-Vapor
o Heat-not-burn
o Infused

Market Segmentation by Gender

• Male
• Female

Market Segmentation by Age-Group

• 16-24
• 25-34
• 35-44
• 45-54
• 55-65
• 65+

Read More Related Reports:

Japan E-Cigarette Market : 
https://www.psmarketresearch.com/market-analysis/japan-e-cigarette-market

South Korea E-Cigarette Market :
https://www.psmarketresearch.com/market-analysis/south-korea-e-cigarette-market

E-Cigarette Market :
http://www.psmarketresearch.com/market-analysis/e-cigarette-market

About P&S Intelligence

P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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