Since the advent of Electronic Cigarettes (e-cigarettes) in Germany, it has not been well accepted amongst the consumers over the past few years. The country has always witnessed strong prevalence of negative behavior towards e-cigarettes among key stakeholders in the country. However, with growing product awareness and decline in the number of smoking cessation products, gradually e-cigarettes are gaining popularity in the country.
Germany’s e-cigarette market is projected to reach over $852 million by 2023. Tobacco sales continue to fall as more and more number of ex-smokers are looking forward to these devices as a tool for smoking cessation. Market players in partnership with local distributors are investing profoundly and are stepping up to educate the end-users, both online and at vaping exhibitions, organizing competitions and expanding their product portfolio for third generation e-cigarette devices.
Modular e-cigarettes, owing to their higher flexibility of providing customization, topped the sales figure for Germany e-cigarette market in 2016. Recent advances in modular e-cigarette devices, for instance, incorporation of larger, rechargeable batteries of more power, e-liquid tank refilled through standard or personalised mixtures, coil upgrades and variable as well as controllable power options have further resulted in healthy adoption of these devices among the end-users.
Key E-Cigarette vendors in German Market include – British American Tobacco (Germany) GmbH, Joyetech Deutschland GmbH, NJOY, Inc., Philip Morris GmbH, Red Kiwi GmbH, Shenzhen Innokin Technology Co., Ltd., Smok Technology Co. Ltd., and SNOKE GmbH & Co. KG.
The report thoroughly covers the e-cigarette market by revenue by device type and demography. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas, market drivers, which would help the stakeholders to decide and align their market strategies according to the current and future market dynamics.
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Key Highlights of the Report:
- Historical & Forecast data of Global E-Cigarette Market Revenue for the Period 2014-2023
- Historical & Forecast data of Germany E-Cigarette Market Revenue for the Period 2014-2023
- Historical & Forecast data of Germany Disposable E-Cigarette Market Revenue & Volume for the Period 2014-2023
- Historical & Forecast data of Germany Rechargeable E-Cigarette Market Revenue & Volume for the Period 2014-2023
- Historical & Forecast data of Germany Modular E-Cigarette Revenue & Volume for the Period 2014-2023
- Data of Germany E-Cigarette Market Revenues, By Gender for the Period 2016
- Data of Germany E-Cigarette Market Revenues, By Age Group for the Period 2016
- Data of Germany E-Cigarette Market Revenues, By Income Group for the Period 2016
- Recent Market Trends
- Key Drivers & Restraints
- Distribution Analysis
- Players Market Share
- Competitive Benchmarking
- Company Profiles
- Recommendations
Markets Covered
The report provides detailed analysis of the following market segments:
- By Device Type
– Disposable
– Rechargeable
– Modular
- By Demography
– Gender
– Income Group
– Age Group
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