This statistic depicts the e-cigarette and T-vapor market size worldwide in 2016 and a forecast for 2025. In 2016, the total e-cigarette and T-vapor market was estimated to be worth some 11.48 billion U.S. dollars and is expected to grow to over 86.5 billion by the year 2025.

BIS Research undertakes detailed study report on Global E-cigarette Market. The report analyzes key market trends, forecast, size, players & opportunities.

In 2020, a Chinese e-cigarette smoker spent an average of 1,286 yuan on e-cigarettes, increasing rapidly from less than 600 yuan in 2016. The Chinese electronic cigarette market has grown rapidly.

Bisresearch undertakes detailed study report on European E-Cigarette and Vaporizer Market 2016. The report analyzes key market report, size, study, trends.

BIS Research undertakes detailed study report on Europe Vape Shop market. Forecasts are provided through 2022.

APAC E-Cigarette and Vaporizer, Device And Aftermarket. Focus on Type, Distribution Channel, And Geography, Analysis And Forecast, 2016-2025

Global e-cigarette and t-vapor showcase added up to $11.44 billion out of 2016. BIS market research report offers detailed industry analysis including market growth, share, trends. E-Cigarette and Vaporizer Market is expected to grow rapidly throughout the forecast period of 2017-2025.

Flower and pre-roll continues to be the market share leader in the legal cannabis industry in 2020 but it primacy is declining. Vape products accounted for 17 percent of the market but have grown to a 29 percent share in 2020.

The price of cigarettes in the United Kingdom has substantially increased each year since 2000. In 2022, the average retail price of a 20 pack of cigarettes was 12.61 British pounds.

Cigarette taxes

As of 2022, the most expensive country in which to purchase cigarettes in Europe was Ireland, with the UK in second place. Cigarette prices across Europe are driven by the respective taxes imposed within each of the member states and consist of a specific duty per thousand cigarettes and an ad valorem rate onto the recommended retail price, in addition to value added tax (VAT). Thus, the highest rates of taxation are reflected in the retail prices. Governments that impose such strong barriers to the purchasing of tobacco are considered 'nanny states', with high levels of control on other factors, such as advertising, bans of tobacco products on retail displays and graphic warnings on cigarette packs.

UK tobacco industry

The sales of tobacco in the UK has generally been decreasing since 2005. As of 2022, the annual expenditure was at about 21.3 billion British pounds, marking an overall decrease of over 40 percent compared to expenditure in 2005. However, despite the high taxes in the UK and the decrease in expenditure, the revenue of the tobacco industry is expected to grow in coming years. By 2027, the tobacco products market is forecast to have a revenue of about 25.6 billion British pounds.

The average cost of a pack of 200 cigarettes in Canada has gradually been increasing since 2015, to reach a peak of 143.81 Canadian dollars in February 2022. This is a significant increase of 45 dollars compared to January 2016. According to a recent survey, 17 percent of surveyed Canadians were regular smokers, creating a large market for tobacco companies. According to smoking statistics for Canada, regular smokers were most likely to be living in Quebec.

Cigarette brands

Philip Morris International, an American multinational cigarette and tobacco manufacturer, produces a wide range of cigarette brands. Philip Morris' leading brand worldwide, in terms of shipments, is Marlboro; over 239 billion units were shipped in 2021. L&M ranked in distant second place, with a shipment volume of roughly 95 billion units. The use of e-cigarettes has become popular in recent years. In 2020, Juul was the leading e-cigarette brand in the U.S., with an e-cigarette market share of more than 40 percent.

Canadian regional cost variations

Whilst the average price of cigarettes has gradually increased nationally, there is still a large difference in prices across provinces in Canada. Manitoba, one of the three prairie provinces in Canada, was home to the highest cigarette prices in March 2018, where consumers were paying almost 140 Canadian dollars for 200 cigarettes. Consumers could purchase the cheapest cigarettes in Quebec and Ontario.

The e-cigarette industry has been growing exponentially in Europe which is home to some of the largest markets in terms of revenue generation. The focus of this report is on Type, Origin, Geography, and Distribution Channel.