According to the Goldstein Market Intelligence, Companies invest actively in R&D for continuous innovation and new product development. For instance, in 2018, Altria Group, Inc. invested USD 252 million in R&D for the development of advanced e-cigarette and E-vaporizer.
The global market for e-cigarettes has been growing annually by almost 20% from USD 5.1 billion in 2012 to a global projected revenue of USD 19.3 billion for 2020. This will further grow by 37% to almost USD 24.2 billion in the next five years. While recent vaping scandals in the US have sharply affected the growth of e-cigarette revenue, the growth rate was 18.1% in 2018, but only 7.3% in 2019, the future looks more stable.
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Global E-Cigarette and E-Vaporizer Market Segmentation
By Component Type
 Atomizers
 Cartomizer
 Clearomizer
By Product Type
 Modular
 Rechargeable
 Disposable
By Composition
 Nicotine
 Flavors
 Diluents
By Size
 Mini Sized
 Mid-Sized
 Mods/APVs (Advanced Personal Vaporizer)
By Distribution Channel
 Offline Distribution Channel
o Convenience Stores
o Vape Shops
o Pharmacies
o Gas Stations
o Drug Stores
 Online Distribution Channel
Based on Geography
 North America E-Cigarette and E-Vaporizer Market (U.S. & Canada) {Market Share (%), Market Size (USD Billion)}
 Latin America E-Cigarette and E-Vaporizer Market (Brazil, Mexico, Argentina & Rest of Latin America) {Market Share (%), Market Size (USD Billion)}
 Europe E-Cigarette and E-Vaporizer Market (The U.K., Germany, France, Italy, Spain, Poland, Sweden & RoE) {Market Share (%), Market Size (USD Billion)}
 Asia-Pacific E-Cigarette and E-Vaporizer Market (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) {Market Share (%), Market Size (USD Billion)}
 Middle East E-Cigarette and E-Vaporizer Market {Market Share (%), Market Size (USD Billion)}
 Africa E-Cigarette and E-Vaporizer Market {Market Share (%), Market Size (USD Billion)}

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Covered in this Global E-Cigarette & E-Vapor Market Report are
“Global E-Cigarette & E-Vapor Market Outlook 2030” by Goldstein Market Intelligence contains detailed overview of Global E-Cigarette & E-Vapor Market in terms of market segmentation by analysis basis, therapy type and geography. The Report highlights the competitive outlook of major global players that includes the business strategies, product portfolio, revenue distribution, financial analysis, R&D activities, and investments. The in-depth analysis of Global E-Cigarette & E-Vapor Market report will help the clients to assess their business strategies as per the competitive environment in the market space.
Companies covered in Global E-Cigarette and E-Vaporizer Market report are:
• Reynolds American
• Imperial Brands
• Japan Tobacco
• Altria Group
• NJOY and British American Tobacco
• Ballantyne Brands
• And many more

Further, Global E-Cigarette & E-Vapor Market Report encompasses the major trends & opportunities, market dynamics and other growth factors of the market Global E-Cigarette & E-Vapor Market Outlook also comprises of key challenges, risk analysis, BPS analysis, SWOT Analysis and Market Attractiveness. The report also highlights the expert analysis to provide a complete overview of the market including the PESTLE analysis of each region and country.

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