An e-cigarette is an electronic inhaler that simulates tobacco
smoking. It is a battery-powered inhaler designed to provide inhaled
doses of tobacco by way of vaporizing the solutions and simulating the
effects of smoking by heating a nicotine liquid into vapor, which the
user then inhales and exhales. An e-cigarette is also known as an
e-vaping device, a personal vaporizer, or an e-nicotine delivery system.
It contains a heating element that vaporizes liquid nicotine or a
flavored liquid. The e-liquids used in e-cigarettes are available in
different flavors such as pink bubble gum, menthol, watermelon, and
peach.
Analysts forecast the E-cigarette market in India will grow at a CAGR of 63.38 percent over the period 2013-2018.
The
Report recognizes the following companies as the key players in
E-cigarette Market in India: A S SMOKEFREE Electronic Cigarette India
Pvt. Ltd, Jet Age Creations, Niew Focus Global Impex Pvt. Ltd, RRR
Chemicals, Shenzhen Joye tech Co. Ltd, SteamLite Sales Pvt. Ltd, Steamz
Agro India Pvt., Altria GroupInc., Ballantyne Brands LLC, British
American Tobacco plc, CB Distributors Inc., FIN Branding Group LLC,
Gamucci Ltd, Imperial Tobacco Group plc, Logic Technology Development
LLC, Lorillard Inc., NicotekLLC, NJOY Inc., Reynolds American Inc.,
Vapestick Group Ltd, Vapor Corp., VMR Products LLC, Zandera Ltd.
Introduction
of e-cigarettes in the Tobacco industry has increased their use by many
smokers, especially those who want to quit smoking tobacco but would
like to continue vaping. However, the use of e-cigarettes by teenagers,
especially middle-school children, has increased resulting in the
criticism of e-cigarettes worldwide. However, the market is expected to
witness huge growth in the demand for e-cigarettes from people working
in the IT sector in cities such as Bangalore, Hyderabad, and New Delhi,
and celebrities, because of changes in their preferences.
Covered in this Report
This
report covers the present scenario and the growth prospects of the
E-cigarette market in India for the period 2014-2018. To calculate the
market size, the report considers revenue generated from sales of
e-cigarettes and related products such as cartridges, refills, and
e-liquids. The market forecast is based on the understanding that
e-cigarette sales during the forecast period may not be affected by the
socio-political and legal dynamics in the country.
E-cigarette
Market in India 2014-2018, has been prepared based on an in-depth market
analysis with inputs from industry experts. The report focuses on
India; it also covers the E-cigarette market landscape and its growth
prospects in the coming years. The report also includes a discussion of
the key vendors operating in this market.
According to the report,
increased desire to quit smoking tobacco contributed to the growth of
the E-cigarette market in India. Every year, about 1-1.25 million
Indians die as a result of diseases caused by the ingestion of tobacco,
forcing the government and NGOs to run "tobacco-free" campaigns to
spread awareness.
Further, the report states that stringent
government regulations and standards may affect the revenue of the
market during the forecast period. The government may set up stringent
laws to regulate the market in India.
