DUBLIN, Jan 12, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "Indian eLiquids and eJuice Market (2016-2022)" report to their offering.
The Indian eLiquid and eJuice Market is estimated to witness a CAGR of 54.1% during the forecast period 2016-2022
The increasing young population, changing consumer lifestyle, changing demands, and spending activities have led the demand for eLiquid and eJuice in India. In addition, the development of innovative products with extra features helps to improve the customer satisfaction and increase the customer base as customers are demanding for various flavour products and they are ready to spend money. The Indian eLiquid and eJuice market is analyzed by types - pre-filled eLiquid and bottled eLiquid; distribution channels - online, offline (retail), and others; demography - age group and sex; and location - tier 1 cities, and tier 2 cities.
Pre-filled eLiquid is expected to reach $1,095.3 million by 2022 due to the growing demand for pre-filled eLiquid products in the market. In addition, the users often prefer refillable or replaceable eLiquid. The tier 1 cities segment is expected to play a major role in the market growth. The smokers in the age group of 24-45 years areprimarily targeted by the eCigarette players.
The eLiquid and eJuice market in India is expected to grow and value chain players are continuing to expand, bringing new innovative products, and rising M&A activities to gain the revenue in this market. Some of the players included in the report are ITC Limited, Japan Tobacco Inc., Altria Group Inc., Godfrey Philips India Ltd., Reynolds American Inc., and Foschia (R.R. Chemicals).
Key Topics Covered:
1 Industry Outlook
2 Report Outline
3 Market Snapshot
4 Market Outlook
5 Market Characteristics
7 Distribution Channels
10 Vendor Profiles
11 Companies to Watch for
12 Competitive Landscape
- Altria Group Inc
- Foschia (R.R. Chemicals).
- Godfrey Philips India Ltd
- Green Vapo
- ITC Limited
- Japan Tobacco Inc
- Litejoy International Pvt. Ltd
- Philip Morris International Management SA (PMI)
- Pure Vapors
- Reynolds American Inc
- SPK Consumer Solutions Pvt. Ltd
- Shenzhen Joyetech Co.Ltd
For more information about this report visit http://www.researchandmarkets.com/research/rvjz9z/indian_eliquids
Research and Markets
Laura Wood, Senior Manager
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/indian-eliquids-and-ejuice-market-2016-2022-market-to-aggregate-13196-million-by-2022---research-and-markets-300390184.html
SOURCE Research and Markets