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E-liquid is the mixture used in vapor products such as e-cigarettes and generally consists of propylene glycol, glycerin, water, nicotine, and flavorings. While the ingredients vary the liquid typically contains 95% propylene glycol and glycerin.
Due to the COVID-19 pandemic, the global E-Liquids market size is estimated to be worth US$ 1617.7 million in 2021 and is forecast to a readjusted size of US$ 4039.7 million by 2028 with a CAGR of 13.8% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe E-Liquids market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe E-Liquids landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
North America is the largest market with about 44% market share. Europe is follower, accounting for about 27% market share.
The key players are Halo, VMR Product, Turning Points Brands, Nasty Juice, NicVape, Truvape, VaporCast, Space Jam, Kings Crest, Ripe Vapes, Nicquid, Dinner Lady, Vape Wild, Black Note, Halcyon Vapors etc. Top 3 companies occupied about 11% market share.
This report focuses on E-Liquids volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall E-Liquids market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Malaysia, etc.
Global E-Liquids Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Sales Channel. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
PG Base E-Liquids
VG Base E-Liquids
Blend PG & VG
Segment by Sales Channel
Offline
Online
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Halo
VMR Product
Turning Points Brands
Nasty Juice
NicVape
Truvape
VaporCast
Space Jam
Kings Crest
Ripe Vapes
Nicquid
Dinner Lady
Vape Wild
Black Note
Halcyon Vapors
Nicopure Labs
Huajia
Molecule Labs
Due to the COVID-19 pandemic, the global E-Liquids market size is estimated to be worth US$ 1617.7 million in 2021 and is forecast to a readjusted size of US$ 4039.7 million by 2028 with a CAGR of 13.8% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe E-Liquids market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe E-Liquids landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
North America is the largest market with about 44% market share. Europe is follower, accounting for about 27% market share.
The key players are Halo, VMR Product, Turning Points Brands, Nasty Juice, NicVape, Truvape, VaporCast, Space Jam, Kings Crest, Ripe Vapes, Nicquid, Dinner Lady, Vape Wild, Black Note, Halcyon Vapors etc. Top 3 companies occupied about 11% market share.
This report focuses on E-Liquids volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall E-Liquids market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Malaysia, etc.
Global E-Liquids Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Sales Channel. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
PG Base E-Liquids
VG Base E-Liquids
Blend PG & VG
Segment by Sales Channel
Offline
Online
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Halo
VMR Product
Turning Points Brands
Nasty Juice
NicVape
Truvape
VaporCast
Space Jam
Kings Crest
Ripe Vapes
Nicquid
Dinner Lady
Vape Wild
Black Note
Halcyon Vapors
Nicopure Labs
Huajia
Molecule Labs
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