NEW YORK, June 30, 2023 /PRNewswire/ -- The e-cigarette market in UK size is forecast to increase by USD 1,374.46 million from 2022 to 2027. The market is estimated to progress at a CAGR of 12.8%, according to a recent market study by Technavio. The growth of the market will be driven by the Safer than other tobacco products, Product launches, and High availability of e-cigarettes across different distribution formats. Charts & data tables about market and segment sizes for a historic period of five (2017-2021) years have been covered in this report. Download The Sample Report
Technavio has extensively analyzed 15 major vendors, including 1111 EC Service Ltd., British American Tobacco Plc, Flavour Warehouse Ltd., Geekvape, Imperial Brands Plc, Innokin Technology Ltd., J WELL France Sarl, Japan Tobacco Inc., LOSTVAPE, Pax Labs Inc., Philip Morris International Inc., RELX International Enterprise HK Ltd., Shenzhen IVPS Technology Co. Ltd., SMOORE International Holdings Ltd., and VOOPOO
Get a holistic overview of the UK E-cigarette Market by industry experts to evaluate and develop growth strategies. Download the Sample
Key Benefits for Industry Players & Stakeholders –
- The report offers information on the criticality of vendor inputs, including R&D, CAPEX, and technology.
- It also provides detailed analyses of the market's competitive landscape and vendors' product offerings.
- The report also provides a qualitative and quantitative analysis of vendors to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
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E-cigarette Market in UK - Segmentation
This report extensively covers market segmentation by product (modular e-cigarettes, rechargeable e-cigarettes, and disposable e-cigarettes) and distribution channel (offline and online).
- The market share growth by the modular e-cigarettes segment will be significant for market growth during the forecast period. Due to their numerous customization options, e-cigarettes offer a better vaping experience and enable control over vapor production, variable voltage, battery power, and e-juice. Also, owing to their widespread market penetration, the demand for modular e-cigarettes is currently high and is anticipated to rise with the release of new products during the forecast period. Therefore, the demand for modular e-cigarettes will increase, which will boost the market segment growth during the forecast period.
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E-cigarette Market in UK - Market Dynamics
Key Drivers
The high availability of e-cigarettes across different distribution formats drives the growth of the e-cigarette market in the UK. Experts in the UK urge smokers to switch to e-cigarettes to reduce the after-effects of smoking like respiratory diseases, cancer, and heart diseases. Various market players have focused on reducing the nicotine content of their products, which is an addictive substance.
Furthermore, these cigarettes produce a flavored aerosol that helps deliver nicotine to the lungs, facilitating cigarette smoking without delivering toxic chemicals such as tar to the lungs. Hence, such technologically advanced innovations aim to help adult smokers switch to better alternatives.
Significant Trends
The prominence of private-label brands is an emerging e-cigarette market trend. Various major retailers across the UK focus on launching their own branded e-cigarettes to take advantage of the growing demand. Thus, the private label segment has grown in scope and size over the past decade.
Resultantly, price-sensitive consumers are more likely to purchase private-label products. Furthermore, product innovation helps suppliers gain a competitive edge over their competitors and increase product sales. Hence, such trends boost the market growth during the forecast period.
Major Challenges
Various health issues caused by using e-cigarettes hinder the growth of the market. Scientists are still learning about the long-term harmful effects of e-cigarettes. They can cause hand and face burns and other injuries from battery malfunction.
Additionally, the existence of various alternatives, such as cigarettes, nicotine patches, nicotine snus, nasal sprays, inhalers, chewing tobacco, and lozenges, also poses a major challenge to the market. Also, an increasing number of people are trying other nicotine products to quit smoking. Hence, such challenges impede market growth during the forecast period.
What are the key data covered in this E-cigarette Market report in UK?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the E-cigarette market in UK between 2023 and 2027
- Precise estimation of the size of the E-cigarette market in UK and its contribution to the market with a focus on the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the E-cigarette market across UK
- A thorough analysis of the market's competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of E-cigarette market vendors in UK
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E-cigarette Market Scope in UK |
|
Report Coverage |
Details |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 12.8% |
Market growth 2023-2027 |
USD 1,374.46 million |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
12.2 |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
1111 EC Service Ltd., British American Tobacco Plc, Flavour Warehouse Ltd., Geekvape, Imperial Brands Plc, Innokin Technology Ltd., J WELL France Sarl, Japan Tobacco Inc., LOSTVAPE, Pax Labs Inc., Philip Morris International Inc., RELX International Enterprise HK Ltd., Shenzhen IVPS Technology Co. Ltd., SMOORE International Holdings Ltd., and VOOPOO |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Country Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
- Exhibit 06: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 07: Parent market
- Exhibit 08: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 09: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 10: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 11: Chart on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 12: Data Table on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 13: Chart on UK: Year-over-year growth 2022-2027 (%)
- Exhibit 14: Data Table on UK: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 E-cigarette market in UK 2017 - 2021
- Exhibit 15: Historic Market Size – Data Table on E-cigarette market in UK 2017 - 2021 ($ million)
- 4.2 Product Segment Analysis 2017 - 2021
- Exhibit 16: Historic Market Size – Product Segment 2017 - 2021 ($ million)
- 4.3 Distribution channel Segment Analysis 2017 - 2021
- Exhibit 17: Historic Market Size – Distribution channel Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 18: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 21: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 22: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 23: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 24: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Product
- 6.1 Market segments
- Exhibit 25: Chart on Product - Market share 2022-2027 (%)
- Exhibit 26: Data Table on Product - Market share 2022-2027 (%)
- 6.2 Comparison by Product
- Exhibit 27: Chart on Comparison by Product
- Exhibit 28: Data Table on Comparison by Product
- 6.3 Modular e-cigarettes - Market size and forecast 2022-2027
- Exhibit 29: Chart on Modular e-cigarettes - Market size and forecast 2022-2027 ($ million)
- Exhibit 30: Data Table on Modular e-cigarettes - Market size and forecast 2022-2027 ($ million)
- Exhibit 31: Chart on Modular e-cigarettes - Year-over-year growth 2022-2027 (%)
- Exhibit 32: Data Table on Modular e-cigarettes - Year-over-year growth 2022-2027 (%)
- 6.4 Rechargeable e-cigarettes - Market size and forecast 2022-2027
- Exhibit 33: Chart on Rechargeable e-cigarettes - Market size and forecast 2022-2027 ($ million)
- Exhibit 34: Data Table on Rechargeable e-cigarettes - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Chart on Rechargeable e-cigarettes - Year-over-year growth 2022-2027 (%)
- Exhibit 36: Data Table on Rechargeable e-cigarettes - Year-over-year growth 2022-2027 (%)
- 6.5 Disposable e-cigarettes - Market size and forecast 2022-2027
- Exhibit 37: Chart on Disposable e-cigarettes - Market size and forecast 2022-2027 ($ million)
- Exhibit 38: Data Table on Disposable e-cigarettes - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Chart on Disposable e-cigarettes - Year-over-year growth 2022-2027 (%)
- Exhibit 40: Data Table on Disposable e-cigarettes - Year-over-year growth 2022-2027 (%)
- 6.6 Market opportunity by Product
- Exhibit 41: Market opportunity by Product ($ million)
- Exhibit 42: Data Table on Market opportunity by Product ($ million)
7 Market Segmentation by Distribution Channel
- 7.1 Market segments
- Exhibit 43: Chart on Distribution Channel - Market share 2022-2027 (%)
- Exhibit 44: Data Table on Distribution Channel - Market share 2022-2027 (%)
- 7.2 Comparison by Distribution Channel
- Exhibit 45: Chart on Comparison by Distribution Channel
- Exhibit 46: Data Table on Comparison by Distribution Channel
- 7.3 Offline - Market size and forecast 2022-2027
- Exhibit 47: Chart on Offline - Market size and forecast 2022-2027 ($ million)
- Exhibit 48: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
- Exhibit 49: Chart on Offline - Year-over-year growth 2022-2027 (%)
- Exhibit 50: Data Table on Offline - Year-over-year growth 2022-2027 (%)
- 7.4 Online - Market size and forecast 2022-2027
- Exhibit 51: Chart on Online - Market size and forecast 2022-2027 ($ million)
- Exhibit 52: Data Table on Online - Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Chart on Online - Year-over-year growth 2022-2027 (%)
- Exhibit 54: Data Table on Online - Year-over-year growth 2022-2027 (%)
- 7.5 Market opportunity by Distribution Channel
- Exhibit 55: Market opportunity by Distribution Channel ($ million)
- Exhibit 56: Data Table on Market opportunity by Distribution Channel ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 57: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Trends
- 9.1 Market drivers
- 9.2 Market challenges
- 9.3 Impact of drivers and challenges
- Exhibit 58: Impact of drivers and challenges in 2022 and 2027
- 9.4 Market trends
10 Vendor Landscape
- 10.1 Overview
- 10.2 Vendor landscape
- Exhibit 59: Overview on Criticality of inputs and Factors of differentiation
- 10.3 Landscape disruption
- Exhibit 60: Overview on factors of disruption
- 10.4 Industry risks
- Exhibit 61: Impact of key risks on business
11 Vendor Analysis
- 11.1 Vendors covered
- Exhibit 62: Vendors covered
- 11.2 Market positioning of vendors
- Exhibit 63: Matrix on vendor position and classification
- 11.3 1111 EC Service Ltd.
- Exhibit 64: 1111 EC Service Ltd. - Overview
- Exhibit 65: 1111 EC Service Ltd. - Product / Service
- Exhibit 66: 1111 EC Service Ltd. - Key offerings
- 11.4 British American Tobacco Plc
- Exhibit 67: British American Tobacco Plc - Overview
- Exhibit 68: British American Tobacco Plc - Business segments
- Exhibit 69: British American Tobacco Plc - Key news
- Exhibit 70: British American Tobacco Plc - Key offerings
- Exhibit 71: British American Tobacco Plc - Segment focus
- 11.5 Flavour Warehouse Ltd.
- Exhibit 72: Flavour Warehouse Ltd. - Overview
- Exhibit 73: Flavour Warehouse Ltd. - Product / Service
- Exhibit 74: Flavour Warehouse Ltd. - Key offerings
- 11.6 Geekvape
- Exhibit 75: Geekvape - Overview
- Exhibit 76: Geekvape - Product / Service
- Exhibit 77: Geekvape - Key offerings
- 11.7 Imperial Brands Plc
- Exhibit 78: Imperial Brands Plc - Overview
- Exhibit 79: Imperial Brands Plc - Business segments
- Exhibit 80: Imperial Brands Plc - Key news
- Exhibit 81: Imperial Brands Plc - Key offerings
- Exhibit 82: Imperial Brands Plc - Segment focus
- 11.8 Innokin Technology Ltd.
- Exhibit 83: Innokin Technology Ltd. - Overview
- Exhibit 84: Innokin Technology Ltd. - Product / Service
- Exhibit 85: Innokin Technology Ltd. - Key offerings
- 11.9 J WELL France Sarl
- Exhibit 86: J WELL France Sarl - Overview
- Exhibit 87: J WELL France Sarl - Product / Service
- Exhibit 88: J WELL France Sarl - Key offerings
- 11.10 Japan Tobacco Inc.
- Exhibit 89: Japan Tobacco Inc. - Overview
- Exhibit 90: Japan Tobacco Inc. - Business segments
- Exhibit 91: Japan Tobacco Inc. - Key news
- Exhibit 92: Japan Tobacco Inc. - Key offerings
- Exhibit 93: Japan Tobacco Inc. - Segment focus
- 11.11 LOSTVAPE
- Exhibit 94: LOSTVAPE - Overview
- Exhibit 95: LOSTVAPE - Product / Service
- Exhibit 96: LOSTVAPE - Key offerings
- 11.12 Pax Labs Inc.
- Exhibit 97: Pax Labs Inc. - Overview
- Exhibit 98: Pax Labs Inc. - Product / Service
- Exhibit 99: Pax Labs Inc. - Key offerings
- 11.13 Philip Morris International Inc.
- Exhibit 100: Philip Morris International Inc. - Overview
- Exhibit 101: Philip Morris International Inc. - Business segments
- Exhibit 102: Philip Morris International Inc. - Key offerings
- Exhibit 103: Philip Morris International Inc. - Segment focus
- 11.14 RELX International Enterprise HK Ltd.
- Exhibit 104: RELX International Enterprise HK Ltd. - Overview
- Exhibit 105: RELX International Enterprise HK Ltd. - Product / Service
- Exhibit 106: RELX International Enterprise HK Ltd. - Key offerings
- 11.15 Shenzhen IVPS Technology Co. Ltd.
- Exhibit 107: Shenzhen IVPS Technology Co. Ltd. - Overview
- Exhibit 108: Shenzhen IVPS Technology Co. Ltd. - Product / Service
- Exhibit 109: Shenzhen IVPS Technology Co. Ltd. - Key offerings
- 11.16 SMOORE International Holdings Ltd.
- Exhibit 110: SMOORE International Holdings Ltd. - Overview
- Exhibit 111: SMOORE International Holdings Ltd. - Product / Service
- Exhibit 112: SMOORE International Holdings Ltd. - Key offerings
- 11.17 VOOPOO
- Exhibit 113: VOOPOO - Overview
- Exhibit 114: VOOPOO - Product / Service
- Exhibit 115: VOOPOO - Key offerings
12 Appendix
- 12.1 Scope of the report
- 12.2 Inclusions and exclusions checklist
- Exhibit 116: Inclusions checklist
- Exhibit 117: Exclusions checklist
- 12.3 Currency conversion rates for US$
- Exhibit 118: Currency conversion rates for US$
- 12.4 Research methodology
- Exhibit 119: Research methodology
- Exhibit 120: Validation techniques employed for market sizing
- Exhibit 121: Information sources
- 12.5 List of abbreviations
- Exhibit 122: List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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