Research Reports
E-Liquid Market Valuation to reach US$ 7 Bn by 2027
E-Liquid Market Valuation to reach US$ 7 Bn by 2027
Published by TMR Research Insights
Posted on August 18, 2021
Global Banking and Finance Review
Company
Published by TMR Research Insights
Posted on August 18, 2021
Stakeholders in the e-liquid market are experiencing a shift in consumer preferences, from conventional smoking to vaping and e-cigarettes. However, a lot of consumers are also concerned about the toxicity of the e-liquids that are infused with flavors in vaporizers and e-cigarettes.
To make sure e-liquids are safe for consumption in e-cigarettes, manufacturers are collaborating with research scientists to improve on the safety standards. In 2018, original tobacco flavor was the preferred choice amongst consumers, with a revenue of ~US$ 567 million in the market. However, analysts at Transparency Market Research (TMR) anticipate a shift in consumer preferences, as fruit and candy flavor is projected to account for the highest revenue amongst all the flavors in the e-liquid market, with a revenue of ~US$ 1.6 billion in the year 2027.
Strong expertise with attention to detail makes our market research reports stand apart. Download PDF Brochure –
Thus, stakeholders in the e-liquid market are increasing research on Genomic Allergen Rapid Detection (GARD) assays to meet the required standards in e-liquid flavorings and their ingredients. This first-of-its-kind research is helping manufacturers in the e-liquid market to assess the sensitization of potential compounds in vaping-related applications.
Consumers Catch Up on the Trend of Eco-friendly Vaping
The growing trend of vaping and e-cigarettes has contributed to reducing the environmental footprint. Since e-liquids are increasingly used in vaporizers and e-cigarettes, manufacturers in the e-liquid market are capitalizing on the trend of eco-friendly vaping, which is grabbing consumer attention.
Request for Covid-19 Impact Analysis on E-Liquid Market:
Eco-friendly vaping is an evident trend, as it eliminates the environmental load of disposing enormous volumes of discarded cigarette butts. Also, eco-friendly vaping reduces the issue of deforestation, and reduces the degradation caused to the environment due to the cultivation of tobacco. Vaping has provided smokers with a considerable amount of advantages as compared to traditional smoking.
Buy our Premium Research Report on E-Liquid Market@
It has also helped smokers reduce the intake of tar and nicotine, which has led many smokers partially or completely quitting smoking. These health benefits are triggering the demand for liquid nicotine in the e-liquid market.
More Trending Reports by Transparency Market Research –
In case the e-liquid needs to be disposed off, consumers can indulge in the sustainable disposal of these e-liquids by re-gifting them to friends or family members. Other ways of disposal include the use of absorbent materials such as sawdust, coconut pith, or wood chippings to soak up the e-liquid, before putting it in a biodegradable bag and throwing it in a secure bin.
Vaping and e-cigarettes have provided health advantages to smokers. However, it is still debatable if e-liquids are absolutely safe for consumption. In many cases, the chemicals in e-liquids are unknown to consumers, as these e-liquid bottle come in contact with other ingredients that result in the development of toxic chemicals. Manufacturers in the e-liquid market are often questioned by customers about the adverse effects of flavors mixed with propylene glycol (PG) found in vape juices.
To overcome these hurdles, manufacturers in the e-liquid market are selling vape juices after seeking FDA (Food and Drug Administration) premarket authorization. Manufacturers are creating increased awareness amongst youth about the regulatory norms by mentioning them on vaping products. Since the FDA has issued a list of safe flavors, manufacturers in the e-liquid landscape can capitalize on this opportunity to incorporate these flavors in the production of improved e-liquids.
Analysts’ Viewpoint on E-Liquid Market
The e-liquid market is projected for a striking CAGR of ~16% during the forecast period. Likewise, online retail is estimated for the highest revenue amongst all sales channels in 2027, with a value of ~US$ 657 million. This correlation between the market and online sales channel has triggered the revenue growth of e-liquids. Market players are planning and executing eye-grabbing online advertising campaigns that catch the attention of youth, as vaping is growing as a trend in the widespread social media influencer community. However, key e-liquid market players are suffering due to unscrupulous suppliers who unethically package e-liquids in boxes that resemble juice, candy, and cookie products. As such, premarket authorization has emerged as a solution to the unethical selling of e-liquids. Thus, manufacturers should not just focus on North America, but also expand their business in fast-growth regions such as Europe and Asia Pacific.
E-liquid Market: Overview
Advancements in Pod Vaping Technology Positively Impacting E-liquid Market
E-Liquid Emerging as Solution to Reduce Smoking
E-Liquid Market: Nicotine Salts Emerging as Biggest Vaping Trend
Usage of Naturally-derived Products a Big Asset to E-Liquid Market
E-Liquid Market: Key Players
Food-beverages-Industry battles Tangible Impact of Economic and Cultural changes, Stay Updated on the Latest Trends in food-beverages-market@
https://www.transparencymarketresearch.com/food-beverages-market-reports-4.html
About Us
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY – 12207
United States
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Follow Us: Twitter | LinkedIn
Blog: https://tmrblog.com
Stakeholders in the e-liquid market are experiencing a shift in consumer preferences, from conventional smoking to vaping and e-cigarettes. However, a lot of consumers are also concerned about the toxicity of the e-liquids that are infused with flavors in vaporizers and e-cigarettes.
To make sure e-liquids are safe for consumption in e-cigarettes, manufacturers are collaborating with research scientists to improve on the safety standards. In 2018, original tobacco flavor was the preferred choice amongst consumers, with a revenue of ~US$ 567 million in the market. However, analysts at Transparency Market Research (TMR) anticipate a shift in consumer preferences, as fruit and candy flavor is projected to account for the highest revenue amongst all the flavors in the e-liquid market, with a revenue of ~US$ 1.6 billion in the year 2027.
Strong expertise with attention to detail makes our market research reports stand apart. Download PDF Brochure –
Thus, stakeholders in the e-liquid market are increasing research on Genomic Allergen Rapid Detection (GARD) assays to meet the required standards in e-liquid flavorings and their ingredients. This first-of-its-kind research is helping manufacturers in the e-liquid market to assess the sensitization of potential compounds in vaping-related applications.
Consumers Catch Up on the Trend of Eco-friendly Vaping
The growing trend of vaping and e-cigarettes has contributed to reducing the environmental footprint. Since e-liquids are increasingly used in vaporizers and e-cigarettes, manufacturers in the e-liquid market are capitalizing on the trend of eco-friendly vaping, which is grabbing consumer attention.
Request for Covid-19 Impact Analysis on E-Liquid Market:
Eco-friendly vaping is an evident trend, as it eliminates the environmental load of disposing enormous volumes of discarded cigarette butts. Also, eco-friendly vaping reduces the issue of deforestation, and reduces the degradation caused to the environment due to the cultivation of tobacco. Vaping has provided smokers with a considerable amount of advantages as compared to traditional smoking.
Buy our Premium Research Report on E-Liquid Market@
It has also helped smokers reduce the intake of tar and nicotine, which has led many smokers partially or completely quitting smoking. These health benefits are triggering the demand for liquid nicotine in the e-liquid market.
More Trending Reports by Transparency Market Research –
In case the e-liquid needs to be disposed off, consumers can indulge in the sustainable disposal of these e-liquids by re-gifting them to friends or family members. Other ways of disposal include the use of absorbent materials such as sawdust, coconut pith, or wood chippings to soak up the e-liquid, before putting it in a biodegradable bag and throwing it in a secure bin.
Vaping and e-cigarettes have provided health advantages to smokers. However, it is still debatable if e-liquids are absolutely safe for consumption. In many cases, the chemicals in e-liquids are unknown to consumers, as these e-liquid bottle come in contact with other ingredients that result in the development of toxic chemicals. Manufacturers in the e-liquid market are often questioned by customers about the adverse effects of flavors mixed with propylene glycol (PG) found in vape juices.
To overcome these hurdles, manufacturers in the e-liquid market are selling vape juices after seeking FDA (Food and Drug Administration) premarket authorization. Manufacturers are creating increased awareness amongst youth about the regulatory norms by mentioning them on vaping products. Since the FDA has issued a list of safe flavors, manufacturers in the e-liquid landscape can capitalize on this opportunity to incorporate these flavors in the production of improved e-liquids.
Analysts’ Viewpoint on E-Liquid Market
The e-liquid market is projected for a striking CAGR of ~16% during the forecast period. Likewise, online retail is estimated for the highest revenue amongst all sales channels in 2027, with a value of ~US$ 657 million. This correlation between the market and online sales channel has triggered the revenue growth of e-liquids. Market players are planning and executing eye-grabbing online advertising campaigns that catch the attention of youth, as vaping is growing as a trend in the widespread social media influencer community. However, key e-liquid market players are suffering due to unscrupulous suppliers who unethically package e-liquids in boxes that resemble juice, candy, and cookie products. As such, premarket authorization has emerged as a solution to the unethical selling of e-liquids. Thus, manufacturers should not just focus on North America, but also expand their business in fast-growth regions such as Europe and Asia Pacific.
E-liquid Market: Overview
Advancements in Pod Vaping Technology Positively Impacting E-liquid Market
E-Liquid Emerging as Solution to Reduce Smoking
E-Liquid Market: Nicotine Salts Emerging as Biggest Vaping Trend
Usage of Naturally-derived Products a Big Asset to E-Liquid Market
E-Liquid Market: Key Players
Food-beverages-Industry battles Tangible Impact of Economic and Cultural changes, Stay Updated on the Latest Trends in food-beverages-market@
https://www.transparencymarketresearch.com/food-beverages-market-reports-4.html
About Us
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY – 12207
United States
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Follow Us: Twitter | LinkedIn
Blog: https://tmrblog.com
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