Market Forecast By Device Type (Modular/re-chargeable e-cigarette and Disposable e-cigarette), By Demography (Gender (Male and Female), Age Group (14-19 years, 20-39 years, 40-59 years and 60 years & above)), By Distribution (Online and Offline) and Competitive Landscape
Product Code: ETC003570 | Publication Date: Aug 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Report Name | Tanzania E-cigarette Market |
Forecast period | 2024-2030 |
CAGR | 8% |
Growing Sector | Hospitality |
The Tanzania E-cigarette Market report thoroughly covers the market by Device Type, Demography, and Sales Channel. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Tanzania E-cigarette Market has anticipated growth over the past years. The market is expected to grow significantly in the forecast period 2024 – 2030. Factors such as the rise of social media, the growing younger generation, government initiatives, and rising disposable income are contributing to the growth of the market.
According to 6Wresearch, the Tanzania E-cigarette Market size is expected to grow at a significant CAGR of 8% during 2024-2030. With increased access to information through the internet and social media, more Tanzanians have become aware of e-cigarettes and their potential benefits compared to traditional cigarettes. This led to a shift towards this cigarette among consumers. The younger generation in Tanzania is turning towards e-cigarettes as they are seen as a safer alternative to smoking traditional cigarettes. E-liquids with different flavours also attract consumers who want to try something new and different. The Tanzanian government has introduced several measures to reduce tobacco consumption in the country, including increasing taxes on traditional cigarettes and promoting alternative products like e-cigarettes. This has contributed to the growth of the e-cigarette market in Tanzania.
There are no specific regulations for e-cigarettes in Tanzania. This can lead to safety concerns as manufacturers may not be required to adhere to certain standards or guidelines. Moreover, the competition faced by the market from traditional cigarettes hinders the growth of the market.
Some major players in the Tanzania e-cigarette market include Juul Labs Inc., British American Tobacco (BAT), Imperial Brands PLC, Philip Morris International Inc., Japan Tobacco Inc., Njoy LLC, Reynolds American Inc., Altria Group Inc., and VMR Products LLC. These players are constantly innovating and investing in research and development to improve their product offerings and stay ahead in the competitive market. They are also expanding their distribution networks to reach a wider consumer base.
One of the major government initiatives to boost the e-cigarette market in Tanzania is the implementation of regulations and policies that promote the use of these products. Tanzania's Ministry of Health introduced a new Tobacco Control Act which included provisions for regulating electronic nicotine delivery systems (ENDS), including e-cigarettes. Furthermore, the Tanzanian government has also launched awareness campaigns and educational programs to inform the public about the benefits of switching to e-cigarettes as an alternative to traditional tobacco products. Moreover, the government has also collaborated with international organizations such as the World Health Organization (WHO) to develop and implement effective strategies for regulating the e-cigarette market.
The Tanzania e-cigarette market is expected to witness significant growth in the coming years. This can be attributed to factors such as increasing awareness about the harmful effects of traditional cigarettes, rising disposable income among consumers, and a growing trend towards smokeless alternatives. Moreover, technology advancements and the availability of a variety of e-cigarette products in the market are also expected to drive growth. The future of the Tanzania e-cigarette market looks promising, with potential for new players to enter and existing players to expand their product offerings.
According to Ravi Bhandari, Research Head, 6Wresearch, the modular/rechargeable e-cigarette segment is currently dominating the market. This can be attributed to its longer lifespan and convenience for users who can easily recharge their devices when needed.
In terms of sales channels, the online market for e-cigarettes is experiencing significant growth. This can be attributed to the ease and convenience of purchasing products from the comfort of one's own home.
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights of The Report |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Tanzania E-Cigarette Market Overview |
3.1. Tanzania E-Cigarette Market Revenues & Volume, 2020-2030F |
3.2. Tanzania E-Cigarette Market Revenue Share, By Regions, 2020 & 2030F |
4. Tanzania E-Cigarette Market Overview |
4.1. Tanzania Country Indicators |
4.2. Tanzania E-Cigarette Market Revenues & Volume, 2020-2030F |
4.3. Tanzania E-Cigarette Market Industry Life Cycle |
4.4. Tanzania E-Cigarette Market Ecosystem and Value Chain Analysis |
4.5. Tanzania E-Cigarette Market Porter’s Five Forces Model |
4.6. Tanzania E-Cigarette Market Revenue Share, By Device Types, 2020 & 2030F |
4.7. Tanzania E-Cigarette Market Revenue Share, By Gender, 2020 |
4.8. Tanzania E-Cigarette Market Revenue Share, By Distribution, 2020 |
4.9. Tanzania E-Cigarette Market Revenue Share, By Age Groups, 2020 |
5. Tanzania E-Cigarette Market Dynamics |
5.1. Impact Analysis |
5.2. Market Drivers |
5.3. Market Restraints |
6. Tanzania E-Cigarette Market Trends |
7. Tanzania E-Cigarette Market Overview, By Device Type |
7.1. Tanzania Disposable E-Cigarette Market Revenues & Volume, 2020-2030F |
7.2. Tanzania Rechargeable/Modular E-Cigarette Market Revenues & Volume, 2020-2030F |
8. Tanzania E-Cigarette Market Overview, By Gender |
8.1. Tanzania E-Cigarette Market Revenues, By Gender, 2020 |
8.2. Tanzania E-Cigarette Market Revenue Share, By Gender, 2020 |
9. Tanzania E-Cigarette Market Overview, By Distribution |
9.1. Tanzania E-Cigarette Market Revenues, By Distribution, 2020 |
9.2. Tanzania E-Cigarette Market Revenue Share, By Distribution, 2020 |
10. Tanzania E-Cigarette Market Overview, By Age Group |
10.1. Tanzania E-Cigarette Market Revenues, By Age Group, 2020 |
10.2. Tanzania E-Cigarette Market Revenue Share, By Age Group, 2020 |
11. Tanzania E-Cigarette Market Regulations |
12. Tanzania E-Cigarette Market Opportunity Assessment |
12.1. Tanzania E-Cigarette Market Opportunity Matrix, By Device Types, 2030F |
12.2. Tanzania E-Cigarette Market Opportunity Matrix, By Gender, 2030F |
12.3. Tanzania E-Cigarette Market Opportunity Matrix, By Distribution, 2030F |
12.4. Tanzania E-Cigarette Market Opportunity Matrix, By Age Group, 2030F |
13. Tanzania E-Cigarette Market, Competitive Landscape |
13.1. Tanzania E-Cigarette Market Competitive Benchmarking, By Operating and Technical Parameters |
13.2. Tanzania E-Cigarette Market Revenue Share, By Company, 2023 |
14. Company Profiles |
15. Strategic Recommendations |
16. Disclaimer |