Middle East & Africa E-Cigarettes Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2025 E-Cigarettes Market report contains a forecast of the next 5 years, starting 2019 and ending 2025 with a host of metrics like supply-demand ratio, E-Cigarettes market frequency, dominant players of E-Cigarettes market, driving factors, restraints, and challenges. The report also contains market revenue, sales, E-Cigarettes production and manufacturing cost that could help you get a better view on the market. The Report Focuses on the key Middle East & Africa E-Cigarettes manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
The Middle East & African e-cigarettes market was valued at USD 267.9 million in 2018 and is estimated to register CAGR of 9.74%, during the forecast period.
British American Tobacco Plc. held the largest market share of the overall e-cigarette market in 2017 and strengthened its position with the acquisition of Reynolds American Inc. However, the Competition Commission blocked British American Tobacco (BAT) SAs plans to expand into e-cigarettes in SA, with the acquisition of the Twisp, a vaping company, and has prevented the deal on the grounds that it would substantially lessen competition, impacting the companys position. The company is subject to significantly increased competition, with Phillip Morris International, joining the vaping trend and encouraging smokers to switch to new generation devices that were claimed to be healthier in some regions. Over the past decade, Marlboro, one of the leading cigarette brands, invested USD 4.5 billion in R&D, in order to develop advanced technology. The firm has also filed patents, with more than 3,400 granted and over 5,000 pending.
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Penetration of E-cigarettes in Organized Retail
The evolving retail industry, especially in developing countries, is marked by the emergence of many stores in the hypermarket, supermarket, and specialty store formats. The penetration of organized retail is also expected to enable consumers to seek information about various brands and compare prices and quality, which results in a better purchase decision. Vendors leverage both traditional and social media platforms for advertising. Companies create campaigns and exhibition shows to promote their brands and products, reaching out to their target audience through various social media platforms. Now, with the increasing demand, several companies have invested heavily in finding new distribution channels. Thus, e-cigarettes are available for users across a range of channels. With the growth of e-commerce and many retail stores planning to introduce e-cigarettes in their line-up to match the competition, e-cigarettes are becoming relatively easy to procure. This is driving the faster adoption of the product, resulting in healthy market growth.
Egypt Dominates the Market
Vaping is a modern trend, but even new vapes have their roots in ancient history. Egypt is known for its ancient vaping techniques, such as heating herbs and oils on hot stones to vape. According to The Egyptian Journal of Hospital Medicine, in 2016, a study was conducted in Egypt, and the results of the study showed that 57.5% of the respondents were aware of e-cigarettes. Among those who know about e-cigarettes, 41.6% believed that e-cigarettes help smoking cessation and 31.9% believed that it is less harmful than traditional cigarettes. Vendors operating in the country are introducing innovative products, in terms of functionality, flavors, ingredients, packaging, and format. Rising consumer awareness and product knowledge about various e-cigarettes have led to the introduction of high-performance and quality products in the Egyptian e-cigarettes market. The electronic cigarette and e-liquid from Intellicig Egypt have revolutionized the smoking experience for the smokers. Intellicig is one of the largest electronic cigarette manufacturer in the Egyptian market and the only company that offers its clients, after-sale service and care.
Regional Analysis For E-Cigarettes Market:
For comprehensive understanding of market dynamics, the Middle East & Africa E-Cigarettes market is analyzed across key geographies namely: North America (Middle East & Africa Canada, Mexico), Europe (Germany, UK, France, Rest of Europe), Asia Pacific (China, Japan, Middle East & Africa Rest of Asia Pacific), Middle East & Africa (Middle East & Africa, Argentina, Rest of Middle East & Africa) And Rest of the World.
The report has 150 tables and figures browse the report description and TOC:
TABLE OF CONTENT:
- Industry Overview of IP67 Connectors
- Middle East & Africa E-Cigarettes Competition Analysis by Players
- Company (Top Players) Profiles
- Middle East & Africa E-Cigarettes Market Size by Type and Application (2013-2019)
- Market Forecast by Regions, Type and Application (2019-2025)
- E-Cigarettes Market Dynamics
- Market Effect Factors Analysis
- Research Finding/Conclusion
What are the market factors that are explained in the report?
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a Middle East & Africa and regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
-Analytical Tools: The Middle East & Africa E-Cigarettes Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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