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E-Liquid Market: by Flavors (Mint & Menthol, Tobacco, Dessert, Fruits & Nuts, Chocolate, and Others), By Distribution Channel (Online Distribution Channel, Online Resellers, Online Websites, and Retail), By Base Type (PG (Propylene Glycol), VG (Vegetable Glycerin), and PG and VG), by Product (Pre-Filled E-Liquid and Bottled E-Liquid): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 - 2026

Published Date: 09-Dec-2019 Category: Food & Beverage Report Format : PDF Pages: 110 Report Code: ZMR-5167 Status : Published

Global e-liquid market valuation is expected to reach 6.7BN by 2027. The market is anticipated to register 15.6% CAGR over the forecast timeline

Description

The global e-liquid market valuation is expected to reach 6.7BN by 2027. The market is anticipated to register 15.6% CAGR over the forecast timeline. The e-liquid market report covers forecast and analysis on a global and regional level. The research scope presents a widespread exhaustive valuation of the market, emerging trends, competition, opportunities, and industry-validated market facts. The research report provides significant data of 2016, 2017, & 2018 along with an assessment from 2019 to 2026 based on revenue (USD Million).

Emerging of e-liquid as a solution to reduce smoking is positively impacting the global e-liquid market growth. With the advent of pod vaping technology, the e-liquid market is anticipated to witness potential growth over the upcoming years.

E-Liquid Market

E-liquid is also known as vape juice or e-juice, which is a blend of nicotine, base liquid, and a flavoring agent that is used in e-cigarettes. E-liquids do not produce smoke, hence prevents passive smoking. For refreshments, various flavors are used in e-liquid, including chocolate, mint & menthol, fruits & nuts, etc. E-liquids that are used in e-cigarettes reduce the risk of lung disorders as there is absence of a tobacco burning process which generally occurs in traditional cigarette smoking. The e-liquid Flavors mostly contain water, propylene glycol, flavoring agents, and nicotine. In addition to this, some manufacturers have also introduced e-liquids without using these harmful ingredients for non-smokers group.      

E-cigarettes are gaining popularity, especially among millennial. The increasing usage of e-cigarettes among consumers coupled with rising disposable income is heavily escalating the market value of e-liquid. Increasing health concerns among geriatric population and increasing awareness among them regarding raw Base Types used e-liquids which are used in e-cigarettes are further boosting the market presence.

Owing to the tobacco-free formulation and availability of various flavors, including mint & menthol, chocolate, blueberry, and different fruit flavors, the market is gaining traction for non-smokers groups too.

On the contrary, strict rules and regulations on the manufacturing and distribution of e-liquid Base Types, which are implied by several governments such as US and Germany, hinder the market growth. Due to such circumstances, there is decline in the sales of e-cigarettes and vapor Flavors.

E-liquids were initially sold in retail outlets such as in vape shops and gas shops. Consumers found very genuine experience of using vape Flavors in retail outlets; in fact, there were too many options for consumers in the store to try vape Flavors. However, with the emergence of e-commerce and increasing internet penetration, consumers are shifting their purchasing preferences. Moreover, sellers with their own shop websites are placing their Flavors on the web to sell.

The presence of major industry player VMR Flavors LLC in the North America region is expected to accelerate the growth of the market over the horizon. The increasing popularity of vape devices in the region has propelled the market value over the years. However, stringent regulations by the government have hampered the sales of e-liquid market. Whereas, Asia-Pacific region has expected the fastest growing market over the forecast period owing to the increasing adoption of vape Flavors and e-cigarettes, with rising number of cases of lung cancers due to tobacco smoking.

Some of the major players in the global e-liquid market are VMR Flavors LLC, Mig Vapor LLC, ZampleBox, LLC, VistaVapors, Inc., Halo, Mt Baker Vapor, VaporFi, Inc., eLiquid Factory, Black Note, Virgin Vapor, Vape Dudes, Crystal Canyon Vapes LLC, Breazy, Strix Elixirs, Highbrow Vapor, Henley, and among others. The major approaches implemented by these leading companies in the market are new Flavor launches, collaborations, and mergers & acquisitions. These companies are focusing more on investment in innovations, partnerships, expansions, and innovations to increase their market share.

This report segments the global e-liquid market as follows:

Global E-Liquid Market: Flavors Segment Analysis

  • Mint & Menthol
  • Tobacco
  • Dessert
  • Fruits & Nuts 
  • Chocolate
  • Others

Global E-Liquid Market: Distribution Channel Segment Analysis

  • Online Distribution Channel
  • Online Resellers
  • Online Websites
  • Retail

Global E-Liquid Market: Base Type Segment Analysis

  • PG (Propylene Glycol)
  • VG (Vegetable Glycerin)
  • PG and VG

Global E-Liquid Market: Product Segment Analysis

  • Pre-Filled E-Liquid
  • Bottled E-Liquid

Global E-Liquid Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1. E-Liquid Market, 2016-2026 (USD Million)
    • 2.2. E-Liquid Market: Snapshot
  • Chapter 3. E-Liquid Market - Industry Analysis
    • 3.1. E-Liquid Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Emerging of e-liquid as a solution to reduce smoking
      • 3.2.2. Increasing usage of e-cigarettes among consumers
    • 3.3. Restraints
      • 3.3.1. Strict rules and regulations on the manufacturing and distribution of e-liquid Base Types
    • 3.4. Opportunity
      • 3.4.1. Advent of pod vaping technology
    • 3.5. Porter's Five Forces Analysis
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market attractiveness analysis By Flavor
      • 3.6.2. Market attractiveness analysis By Distribution Channel
      • 3.6.3. Market attractiveness analysis By Base Type
      • 3.6.4. Market attractiveness analysis By Product
      • 3.6.5. Market attractiveness analysis by Region
  • Chapter 4. E-Liquid Market- Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global E-Liquid Market: company market share, 2018
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Flavor launches
      • 4.2.3. Agreements, partnerships, collaborations and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global E-Liquid Market -Flavor Analysis
    • 5.1. Global E-Liquid Market overview: By Flavor
      • 5.1.1. Global E-Liquid Market share, By Flavor,2018 and 2026
    • 5.2. Mint & Menthol
      • 5.2.1. Global E-Liquid Market by Mint & Menthol, 2016-2026 (USD Million)
    • 5.3. Tobacco
      • 5.3.1. Global E-Liquid Market by Tobacco, 2016-2026 (USD Million)
    • 5.4. Dessert
      • 5.4.1. Global E-Liquid Market by Dessert, 2016-2026 (USD Million)
    • 5.5. Fruits & Nuts
      • 5.5.1. Global E-Liquid Market by Fruits & Nuts, 2016-2026 (USD Million)
    • 5.6. Chocolate
      • 5.6.1. Global E-Liquid Market by Chocolate, 2016-2026 (USD Million)
    • 5.7. Others
      • 5.7.1. Global E-Liquid Market by Others, 2016-2026 (USD Million)
  • Chapter 6. Global E-Liquid Market -Distribution Channel Analysis
    • 6.1. Global E-Liquid Market overview: By Distribution Channel
      • 6.1.1. Global E-Liquid Market share, By Distribution Channel, 2018 and 2026
    • 6.2. Online Distribution Channel
      • 6.2.1. Global E-Liquid Market By Online Distribution Channel, 2016-2026 (USD Million)
    • 6.3. Online Resellers
      • 6.3.1. Global E-Liquid Market By Online Resellers, 2016-2026 (USD Million)
    • 6.4. Online Websites
      • 6.4.1. Global E-Liquid Market By Online Websites, 2016-2026 (USD Million)
    • 6.5. Retail
      • 6.5.1. Global E-Liquid Market By Retail, 2016-2026 (USD Million)
  • Chapter 7. Global E-Liquid Market -Base Type Analysis
    • 7.1. Global E-Liquid Market overview: By Base Type
      • 7.1.1. Global E-Liquid Market share, By Base Type, 2018 and 2026
    • 7.2. PG (Propylene Glycol)
      • 7.2.1. Global E-Liquid Market By PG (Propylene Glycol), 2016-2026 (USD Million)
    • 7.3. VG (Vegetable Glycerin)
      • 7.3.1. Global E-Liquid Market By VG (Vegetable Glycerin), 2016-2026 (USD Million)
    • 7.4. PG & VG
      • 7.4.1. Global E-Liquid Market By PG & VG, 2016-2026 (USD Million)
  • Chapter 8. Global E-Liquid Market -Product Analysis
    • 8.1. Global E-Liquid Market overview: By Product
      • 8.1.1. Global E-Liquid Market share, By Product, 2018 and 2026
    • 8.2. Pre-Filled E-Liquid
      • 8.2.1. Global E-Liquid Market by Pre-Filled E-Liquid, 2016-2026 (USD Million)
    • 8.3. Bottled E-Liquid
      • 8.3.1. Global E-Liquid Market by Bottled E-Liquid, 2016-2026 (USD Million)
  • Chapter 9. Global E-Liquid Market - Regional Analysis
    • 9.1. Global E-Liquid Market overview: by Region
      • 9.1.1. Global E-Liquid Market share, by Region, 2018 and 2026
    • 9.2. North America
      • 9.2.1. North America E-Liquid Market, 2016-2026 (USD Million)
      • 9.2.2. North America E-Liquid Market revenue, By Flavor, 2016-2026 (USD Million)
      • 9.2.3. North America E-Liquid Market revenue, By Distribution Channel, 2016-2026 (USD Million)
      • 9.2.4. North America E-Liquid Market revenue, By Base Type, 2016-2026 (USD Million)
      • 9.2.5. North America E-Liquid Market revenue, By Product, 2016-2026 (USD Million)
      • 9.2.6. The U.S.
        • 9.2.6.1. The U.S.E-Liquid Market revenue, By Flavor, 2016-2026 (USD Million)
        • 9.2.6.2. The U.S.E-Liquid Market revenue, By Distribution Channel, 2016-2026 (USD Million)
        • 9.2.6.3. The U.S.E-Liquid Market revenue, By Base Type, 2016-2026 (USD Million)
        • 9.2.6.4. The U.S.E-Liquid Market revenue, By Product, 2016-2026 (USD Million)
      • 9.2.7. Rest of North America
        • 9.2.7.1. Rest of North America E-Liquid Market revenue, By Flavor, 2016-2026 (USD Million)
        • 9.2.7.2. Rest of North America E-Liquid Market revenue, By Distribution Channel, 2016-2026 (USD Million)
        • 9.2.7.3. Rest of North America E-Liquid Market revenue, By Base Type, 2016-2026 (USD Million)
        • 9.2.7.4. Rest of North America E-Liquid Market revenue, By Product, 2016-2026 (USD Million)
    • 9.3. Europe
      • 9.3.1. Europe E-Liquid Market, 2016-2026 (USD Million)
      • 9.3.2. Europe E-Liquid Market revenue, By Flavor, 2016-2026 (USD Million)
      • 9.3.3. Europe E-Liquid Market revenue, By Distribution Channel, 2016-2026 (USD Million)
      • 9.3.4. Europe E-Liquid Market revenue, By Base Type, 2016-2026 (USD Million)
      • 9.3.5. Europe E-Liquid Market revenue, By Product, 2016-2026 (USD Million)
      • 9.3.6. UK
        • 9.3.6.1. U.K.E-Liquid Market revenue, By Flavor, 2016-2026 (USD Million)
        • 9.3.6.2. U.K.E-Liquid Market revenue, By Distribution Channel, 2016-2026 (USD Million)
        • 9.3.6.3. U.K.E-Liquid Market revenue, By Base Type, 2016-2026 (USD Million)
        • 9.3.6.4. U.K. E-Liquid Market revenue, By Product, 2016-2026 (USD Million)
      • 9.3.7. France
        • 9.3.7.1. France E-Liquid Market revenue, By Flavor, 2016-2026 (USD Million)
        • 9.3.7.2. France E-Liquid Market revenue, By Distribution Channel, 2016-2026 (USD Million)
        • 9.3.7.3. France E-Liquid Market revenue, By Base Type, 2016-2026 (USD Million)
        • 9.3.7.4. France E-Liquid Market revenue, By Product, 2016-2026 (USD Million)
      • 9.3.8. Germany
        • 9.3.8.1. Germany E-Liquid Market revenue, By Flavor, 2016-2026 (USD Million)
        • 9.3.8.2. Germany E-Liquid Market revenue, By Distribution Channel, 2016-2026 (USD Million)
        • 9.3.8.3. Germany E-Liquid Market revenue, By Base Type, 2016-2026 (USD Million)
        • 9.3.8.4. Germany E-Liquid Market revenue, By Product, 2016-2026 (USD Million)
      • 9.3.9. Rest of Europe
        • 9.3.9.1. Rest of Europe E-Liquid Market revenue, By Flavor, 2016-2026 (USD Million)
        • 9.3.9.2. Rest of Europe E-Liquid Market revenue, By Distribution Channel, 2016-2026 (USD Million)
        • 9.3.9.3. Rest of Europe E-Liquid Market revenue, By Base Type, 2016-2026 (USD Million)
        • 9.3.9.4. Rest of Europe E-Liquid Market revenue, By Product, 2016-2026 (USD Million)
    • 9.4. Asia Pacific
      • 9.4.1. Asia Pacific E-Liquid Market, 2016-2026 (USD Million)
      • 9.4.2. Asia Pacific E-Liquid Market revenue, By Flavor, 2016-2026 (USD Million)
      • 9.4.3. Asia Pacific E-Liquid Market revenue, By Distribution Channel, 2016-2026 (USD Million)
      • 9.4.4. Asia Pacific E-Liquid Market revenue, By Base Type, 2016-2026 (USD Million)
      • 9.4.5. Asia Pacific E-Liquid Market revenue, By Product, 2016-2026 (USD Million)
      • 9.4.6. China
        • 9.4.6.1. China E-Liquid Market revenue, By Flavor, 2016-2026 (USD Million)
        • 9.4.6.2. China E-Liquid Market revenue, By Distribution Channel, 2016-2026 (USD Million)
        • 9.4.6.3. China E-Liquid Market revenue, By Base Type, 2016-2026 (USD Million)
        • 9.4.6.4. China E-Liquid Market revenue, By Product, 2016-2026 (USD Million)
      • 9.4.7. Japan
        • 9.4.7.1. Japan E-Liquid Market revenue, By Flavor, 2016-2026 (USD Million)
        • 9.4.7.2. Japan E-Liquid Market revenue, By Distribution Channel, 2016-2026 (USD Million)
        • 9.4.7.3. Japan E-Liquid Market revenue, By Base Type, 2016-2026 (USD Million)
        • 9.4.7.4. Japan E-Liquid Market revenue, By Product, 2016-2026 (USD Million)
      • 9.4.8. India
        • 9.4.8.1. India E-Liquid Market revenue, By Flavor, 2016-2026 (USD Million)
        • 9.4.8.2. India E-Liquid Market revenue, By Distribution Channel, 2016-2026 (USD Million)
        • 9.4.8.3. India E-Liquid Market revenue, By Base Type, 2016-2026 (USD Million)
        • 9.4.8.4. India E-Liquid Market revenue, By Product, 2016-2026 (USD Million)
      • 9.4.9. Rest of Asia Pacific
        • 9.4.9.1. Rest of Asia Pacific E-Liquid Market revenue, By Flavor, 2016-2026 (USD Million)
        • 9.4.9.2. Rest of Asia Pacific E-Liquid Market revenue, By Distribution Channel, 2016-2026 (USD Million)
        • 9.4.9.3. Rest of Asia Pacific E-Liquid Market revenue, By Base Type, 2016-2026 (USD Million)
        • 9.4.9.4. Rest of Asia Pacific E-Liquid Market revenue, By Product, 2016-2026 (USD Million)
    • 9.5. Latin America
      • 9.5.1. Latin America E-Liquid Market, 2016-2026 (USD Million)
      • 9.5.2. Latin America E-Liquid Market revenue, By Flavor, 2016-2026 (USD Million)
      • 9.5.3. Latin America E-Liquid Market revenue, By Distribution Channel, 2016-2026 (USD Million)
      • 9.5.4. Latin America E-Liquid Market revenue, By Base Type, 2016-2026 (USD Million)
      • 9.5.5. Latin America E-Liquid Market revenue, By Product, 2016-2026 (USD Million)
      • 9.5.6. Brazil
        • 9.5.6.1. Brazil E-Liquid Market revenue, By Flavor, 2016-2026 (USD Million)
        • 9.5.6.2. Brazil E-Liquid Market revenue, By Distribution Channel, 2016-2026 (USD Million)
        • 9.5.6.3. Brazil E-Liquid Market revenue, By Base Type, 2016-2026 (USD Million)
        • 9.5.6.4. Brazil E-Liquid Market revenue, By Product, 2016-2026 (USD Million)
      • 9.5.7. Rest of Latin America
        • 9.5.7.1. Rest of Latin America E-Liquid Market revenue, By Flavor, 2016-2026 (USD Million)
        • 9.5.7.2. Rest of Latin America E-Liquid Market revenue, By Distribution Channel, 2016-2026 (USD Million)
        • 9.5.7.3. Rest of Latin America E-Liquid Market revenue, By Base Type, 2016-2026 (USD Million)
        • 9.5.7.4. Rest of Latin America E-Liquid Market revenue, By Product, 2016-2026 (USD Million)
    • 9.6. The Middle East and Africa
      • 9.6.1. The Middle East and Africa E-Liquid Market, 2016-2026 (USD Million)
      • 9.6.2. The Middle East and Africa E-Liquid Market revenue, By Flavor, 2016-2026 (USD Million)
      • 9.6.3. The Middle East and Africa E-Liquid Market revenue, By Distribution Channel, 2016-2026 (USD Million)
      • 9.6.4. The Middle East and Africa E-Liquid Market revenue, By Base Type, 2016-2026 (USD Million)
      • 9.6.5. The Middle East and Africa E-Liquid Market revenue, By Product, 2016-2026 (USD Million)
  • Chapter 10. Company Profiles
    • 10.1. VMR Flavors LLC
      • 10.1.1. Overview
      • 10.1.2. Financials
      • 10.1.3. Flavor Portfolio
      • 10.1.4. Business Strategy
      • 10.1.5. Recent Developments
    • 10.2. Mig Vapor LLC
      • 10.2.1. Overview
      • 10.2.2. Financials
      • 10.2.3. Flavor Portfolio
      • 10.2.4. Business Strategy
      • 10.2.5. Recent Developments
    • 10.3. ZampleBox, LLC
      • 10.3.1. Overview
      • 10.3.2. Financials
      • 10.3.3. Flavor Portfolio
      • 10.3.4. Business Strategy
      • 10.3.5. Recent Developments
    • 10.4. VistaVapors, Inc.
      • 10.4.1. Overview
      • 10.4.2. Financials
      • 10.4.3. Flavor Portfolio
      • 10.4.4. Business Strategy
      • 10.4.5. Recent Developments
    • 10.5. Halo
      • 10.5.1. Overview
      • 10.5.2. Financials
      • 10.5.3. Flavor Portfolio
      • 10.5.4. Business Strategy
      • 10.5.5. Recent Development
    • 10.6. Mt Baker Vapor
      • 10.6.1. Overview
      • 10.6.2. Financials
      • 10.6.3. Flavor Portfolio
      • 10.6.4. Business Strategy
      • 10.6.5. Recent Development
    • 10.7. VaporFi, Inc.
      • 10.7.1. Overview
      • 10.7.2. Financials
      • 10.7.3. Flavor Portfolio
      • 10.7.4. Business Strategy
      • 10.7.5. Recent Development
    • 10.8. eLiquid Factory
      • 10.8.1. Overview
      • 10.8.2. Financials
      • 10.8.3. Flavor Portfolio
      • 10.8.4. Business Strategy
      • 10.8.5. Recent Development
    • 10.9. Black Note
      • 10.9.1. Overview
      • 10.9.2. Financials
      • 10.9.3. Flavor Portfolio
      • 10.9.4. Business Strategy
      • 10.9.5. Recent Development
    • 10.10. Virgin Vapor
      • 10.10.1. Overview
      • 10.10.2. Financials
      • 10.10.3. Flavor Portfolio
      • 10.10.4. Business Strategy
      • 10.10.5. Recent Development
    • 10.11. Others
      • 10.11.1. Overview
      • 10.11.2. Financials
      • 10.11.3. Flavor Portfolio
      • 10.11.4. Business Strategy
      • 10.11.5. Recent Development

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