E-Liquid Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

ByKishan Kumar
E-Liquid Market-min

According to the latest report by IMARC Group, “E-Liquid Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” offers a comprehensive analysis of the industry, which comprises insights on the global E-liquid market trends. The global market is expected to exhibit a growth rate (CAGR) of 12.9% during 2023-2028.

E-liquid is a fluid-filled in electronic nicotine delivery systems (ENDS), such as vape pens and e-cigarettes, to generate vapor. The battery in these devices provides energy to heat the e-liquid, which turns it into a smooth vapor upon inhalation. E-liquids are available in both nicotine and non-nicotine variants with additional ingredients, such as propylene glycol (PG), water, vegetable glycerin (VG), and flavoring chemicals. These liquids can be formulated with different nicotine levels depending on consumer preferences.

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Market Trends:

The rising adoption of e-cigarettes as a safer alternative to smoking is primarily driving the global e-liquid market as they generate less tar and carbon monoxide (CO). Moreover, increasing usage of e-cigarettes by the young demographic is propelling the market growth. Additionally, the availability of new flavors in e-liquids, such as blueberry and menthol, is expanding the acceptability of e-cigarettes amongst non-smokers, which is catalyzing the market growth further. Besides this, awareness campaigns by governments of several nations to curb the consumption of tobacco are creating a positive outlook for the market.

Competitive Landscape:

  • Black Note Inc.
  • Breazy Inc.
  • Crystal Canyon Vapes LLC
  • e-Liquid Factory
  • Mig Vapor LLC
  • Molecule Labs Inc.
  • Mt Baker Vapor LLC
  • Nicopure Labs LLC
  • Philip Morris International Inc.
  • Turning Point Brands Inc.
  • ZampleBox LLC.

The report has segmented the market on the basis of Product Type, Distribution Channel, Packaging Type and Region.

Breakup by Flavor:

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

Breakup by Base Type:

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

Breakup by Type:

  • Pre-Filled
  • Bottled

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Specialty Stores
  • Online Stores
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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