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Europe E-Cigarettes Market is Segmented by Product (Completely Disposable Model, Rechargeable but Disposable Cartomizer, Personalized Vaporizer); by Battery Mode (Automatic E-Cigarette, Manual E-Cigarette); and by Geography.
Europe E-Cigarettes market is estimated to witness a CAGR of 12.98% during the forecast period (2020 - 2025).
Europe E-Cigarettes market is segmented by product, by battery mode, and by geography. By product, the market is segmented into completely disposable model, rechargeable but disposable cartomizer, and personalized vaporizer; whereas by battery mode, the market is segmented into automatic e-cigarette and manual e-cigarette. By Geography, the market is studied for the United Kingdom, France, Germany, Italy, Russia, Spain and Rest of Europe.
|Completely Disposable Model|
|Rechargeable but Disposable Cartomizer|
|By Battery Mode|
|Rest of Europe|
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Aiming to reduce their use of conventional/ combustible cigarettes, consumers in the region are increasingly using use e-cigarettes concurrently. Also, as e-cigarettes mimic the experience of smoking conventional/ combustible cigarettes, consumers are increasingly using them to satisfy their nicotine dependency. This dual-use has significantly increased the number of e-cigarette users in the region and is expected to drive the market over the forecast period, as it has been observed that dual users usually aim to gradually decrease their use of conventional/ combustible cigarettes over time, which increases the prospect of repeat purchase of e-cigarettes in the region.
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The United Kingdom is the largest market for e-cigarettes in Europe, the second-largest market in the world, owing to which it is driving the market in the region. E-cigarette use in the country is growing owing to the rising number of users coupled with support from health authorities. Unlike the U.S. where e-cigarettes have not yet been approved as a cessation device, authorities in the U.K. believe these devices to be a means for people to transition from the much harmful habit of using conventional/ combustible cigarettes. On the distribution front, it has been observed that the online retail accounts for a significant share of the market and, the fastest growing channel to be specialist vape shops.
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Europe E-Cigarettes market is consolidated and comprises of a few large players, who hold most of the share in the market. Key strategies adopted by the large players are product innovation and, mergers and acquisitions. Some of the major players in the market are British American Tobacco plc, Philip Morris International Inc., Altria Group, Inc., Imperial Brands plc, Japan Tobacco Inc., among others.
1.1 Study Assumptions & Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Product
5.1.1 Completely Disposable Model
5.1.2 Rechargeable but Disposable Cartomizer
5.1.3 Personalized Vaporizer
5.2 By Battery Mode
5.2.1 Automatic E-Cigarette
5.2.2 Manual E-Cigarette
5.3.1 United Kingdom
5.3.7 Rest of Europe
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 British American Tobacco plc
6.3.2 Philip Morris International Inc.
6.3.3 Altria Group, Inc.
6.3.4 Imperial Brands plc
6.3.5 Japan Tobacco Inc.
6.3.6 J Well France SARL
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject to Availability