E-cigarette and Vape Market - Top Companies and Manufacturers

Companies Dominating the E-cigarette and Vape Landscape

Leading companies are concentrating on enhancing the features and specifications of e-cigarette and vape in addition to forming alliances, mergers, and acquisitions to broaden their product offerings. A few of the key players in the e-cigarette and vape market are:

Allo Technology Shenzhen Co. Ltd.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis

Allo Technology Shenzhen Co. Ltd.
Altria Group Inc.
British American Tobacco Plc
DashVapes
Eleaf Group
ENVI
Flavour Beast
Geekvape
Imperial Brands Plc
Innokin Technology Ltd.

Browse Key Market Insights with Data Illustration:

E-cigarette and Vape Market Size & Share, Growth Trends 2036

In the News

British American Tobacco Plc. and McLaren Racing have decided to extend their cooperation for a number of years. After announcing the worldwide alliance in 2019, the arrangement ensures that BAT will remain an Official Principal Partner of the McLaren Formula 1 Team through the 2024 season and beyond. Additionally, BAT branding will be shown on NEOM McLaren Formula E vehicles for the first time this year.
Philip Morris International Inc. announced the launch of IQOS ILUMA in the Japanese market in August 2021. This most recent model in the IQOS range was the company's first tobacco-heating device using state-of-the-art induction-heating technology. Notably, this cutting-edge technology improves the product's ease and user experience by doing away with the need for a blade and cleaning.

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of e-cigarette and vape was over USD 30 billion.

The market size for e-cigarette and vape is projected to cross USD 67 billion by the end of 2036 expanding at a CAGR of 30% during the forecast period i.e., between 2024-2036.

The major players in the market are Allo Technology Shenzhen C0. Ltd., Altria Group Inc., British American Tobacco Plc., DashVapes, Eleaf Group, ENVI, Flavour Beast, Geekvape, Imperial Brands Plc., Innokin Technology Ltd., Japan Tobacco Inc., JUUL Labs, Inc., Philip Morris International Inc., Reynolds Vapor Company, Shenzhen Kanger Tech Technology Co., Ltd, and others.

In terms of product, the rechargeable e-cigarette and vape segment is anticipated to account for the largest market share of 45% during 2024-2036.

The North American e-cigarette and vape sector is poised to hold the highest share of 40% by 2036.

E-cigarette and Vape Market - Top Companies and Manufacturers

Companies Dominating the E-cigarette and Vape Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How big is the e-cigarette and vape industry?

What is the outlook for the e-cigarette and vape market?

Who are the major players dominating the e-cigarette and vape landscape?

Which product segment will capture the significant market share for e-cigarette and vape by 2036?

Which region will provide more opportunities for e-cigarette and vape business in the near future?