India E-Cigarette Market (2019-2025) | Size, Analysis, Revenue, Trends, Growth, Forecast, industry, Value, Share, Outlook & Segmentation

Latest 2023 Developments of the India E-Cigarette Market

India E-Cigarette Market has seen the latest developments that include the introduction of more affordable e-cigarettes as nicotine gums and patches are out of reach for most Indian citizens due to their high price point, also because these are not available at subsidized rates. Also, e-cigarettes containing less or no nicotine content have been developed supporting an approach called tobacco harm reduction. It actually means adult smokers who cannot quit nicotine are encouraged to switch from dangerous combustible or oral products to safer nicotine products including vapes (e-cigarettes), pasteurized snus, non-tobacco nicotine pouches and heated tobacco devices. On September 18, 2019, the Indian government banned e-cigarettes through the prohibition of e-cigarettes ordinance, 2019. However, few NGOs and vaper communities are still advocating for the non-nicotine variants of e-cigarettes.

India E-Cigarette Market Synopsis

India's E-Cigarette market is growing at a rapid pace. Rising health concerns among people regarding conventional cigarettes as well as large young population opting for E-cigarettes are the key growth drivers of the India E-Cigarette market. Further, the fact that the ill-health effects of e-cigarettes are less as compared to traditional cigarettes is also driving the demand for E-cigarettes in India. However, the ban on e-cigarettes in 12 Indian States could hinder the growth of e-cigarettes in the country.

According to 6Wresearch, India E-Cigarette market size is projected to grow at a CAGR of 24.0% during 2019-2025. Disposable E-Cigarettes had the majority of the revenue share in the India E-Cigarette market, by type. This is due to their low prices and the immature nature of the market where people use disposable e-cigarettes before shifting to modular/rechargeable e-cigarettes.

'20-39' age group captured the majority of the revenue share due to the reluctance of people in higher age groups to shift from conventional cigarettes to e-cigarettes. By distribution, the online method of sales had the majority of the revenue share due to uncertainty among the distributors to setting up vape shops due to the immature nature of the market. The share for offline mode of sales is likely to rise in the India E-Cigarette market as the market moves further in its life cycle.

The India e-cigarette market report comprehensively covers the market by device type, gender, age group, and distribution. India E-Cigarette market outlook report provides an unbiased and detailed analysis of ongoing India E-Cigarette 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 India e-cigarette market report comprehensively covers the market by device type, gender, age group, and distribution. India E-Cigarette market outlook report provides an unbiased and detailed analysis of ongoing India E-Cigarette 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.

In India, the E-cigarette market has been different factors having an impact on the growth and awareness rise regarding health, and they going to increase the demand for the device. While burning tobacco, the e-cigarettes heat liquid nicotine or produce mist and they provide sensations similar to smoking and puffing. 

According to the research report basis of distribution channels, the e-cigarette market is categorized into tobacco, vape shops, online, and hypermarkets/supermarkets. In addition, this category of tobacconists dominated the market in the past years. The market is expected to take over channels of online distribution of tobacconists in the upcoming years. The channel provides promotional offers to the consumer base. According to the report, the India e-cigarette market is divided into many segments such as refill, battery, charge, and others. The segment includes such as coils, cleaning kits, tanks, atomizers, and portable chargers. According to the past period, the major share is division to refills. In the forecast period retaining the position of the report is going to grow fastest. The smoke made by burning tobacco is very harmful to the human body and also damages the green environment. The demand for ashless vaping devices is the key driver in the market of e-cigarettes in India.

Market Segment on Insights of India E-Cigarette Market

According to a research report in India, the e-cigarette market is based on the segmented T-Vapor, vaporizer, cig-a-like, and vape mod. T-Vapor is divided into infused and heat-not-burn. Reduced-risk products (RRP) are categorized into e-cigarette companies. In the forecast period, traditional cigarette smoking is going to be projected RRP and recorded at a large scale. In India e-cigarettes are categorized into different segments such as charger, refill, and battery. They include many factors such as coils, atomizers, and tanks. In the upcoming years, e-cigarette refills that further categorized non-nicotine-based liquids and nicotine-based provide lucrative opportunities. Smokers are trying to leave the smoke by adopting with the help of non-nicotine-based e-liquids. The non-nicotine is easily available in the market and it is the e-liquids variety. In the Western region the growth of the e-cigarette market in the upcoming years. The major Cities Ahmedabad, Pune, and Goa increase the smoke rate. The rising in the number of vape shops and tobacconists in India. The brands involved a large share in Maharashtra and Mumbai such as  VERGE, VAPORESSO, and SMOK.

Key Highlights of the Report:

• India E-Cigarette Market Overview
• India E-Cigarette Market Outlook
• India E-Cigarette Market Forecast
• Historical data of the India E-Cigarette Market Revenues and Volume for the period 2015-2018.
• India E-Cigarette Market Size & India E-Cigarette Market Forecast of Revenues and Volume until 2025F.
• Historical Data of India E-Cigarette Market Revenues & Volume for the Period 2013-2018, By Device type.
• Market Size & Forecast of India E-Cigarette Market Revenues & Volume until 2025F, By Device type.
• India E-Cigarette Market Share, By Device Type, for the year 2018.
• Market Size of India E-Cigarettes Market Revenues, by Gender, for the year 2018.
• India E-Cigarette Market Share, By Gender, for the year 2018.
• Market Size of India E-Cigarettes Market Revenues, by Demographic factors, for the year 2018.
• India E-Cigarette Market Share, By Demographic factors, for the year 2018.
• Market Size of India E-Cigarettes Market Revenues, by Distribution, for the year 2018.
• India E-Cigarette Market Share, By Distribution, for the year 2018.
• India E-Cigarette Market Drivers
• India E-Cigarette Market Restraints
• India E-Cigarette Market Trends and Industry Life Cycle
• India E-Cigarette Market Porter’s Five Force Analysis
• India E-Cigarette Market Opportunity Assessment
• India E-Cigarette Market Revenue Share, By Players
• India E-Cigarette Market Overview on Competitive Benchmarking
• Company Profiles.
• Strategic Recommendations.

Market Report Covered

The India E-Cigarette Market report provides a detailed analysis of the following market segments

By Device Type

    o Modular/re-chargeable e-cigarette
    o Disposable e-cigarette

By Demography

    o Gender
            ? Male
            ? Female

    o Age Group
            ? 14-19 years
            ? 20-39 years
            ? 40-59 years
            ? 60 years & above

By Distribution

• Online
• Offline