IMARC Group, a leading market research company, has released a report titled “E-Liquid Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“. According to the report, The global E-liquid market is expected to exhibit a growth rate (CAGR) of 12.9% during 2023-2028.

E-liquid is a fluid-filled in electronic nicotine delivery systems (ENDS), such as vape pens and e-cigarettes, to generate vapor. The battery in these devices provides energy to heat the e-liquid, which turns it into a smooth vapor upon inhalation. E-liquids are available in both nicotine and non-nicotine variants with additional ingredients, such as propylene glycol (PG), water, vegetable glycerin (VG), and flavoring chemicals. These liquids can be formulated with different nicotine levels depending on consumer preferences.

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E-Liquid Market Trends and Drivers:

The rising adoption of e-cigarettes as a safer alternative to smoking is primarily driving the global e-liquid market as they generate less tar and carbon monoxide (CO). Moreover, increasing usage of e-cigarettes by the young demographic is propelling the market growth. Additionally, the availability of new flavors in e-liquids, such as blueberry and menthol, is expanding the acceptability of e-cigarettes amongst non-smokers, which is catalyzing the market growth further. Besides this, awareness campaigns by governments of several nations to curb the consumption of tobacco are creating a positive outlook for the market.

Competitive Landscape:

• Black Note Inc.
• Breazy Inc.
• Crystal Canyon Vapes LLC
• e-Liquid Factory
• Mig Vapor LLC
• Molecule Labs Inc.
• Mt Baker Vapor LLC
• Nicopure Labs LLC
• Philip Morris International Inc.
• Turning Point Brands Inc.
• ZampleBox LLC.

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The report has segmented the market on the basis of Product Type, Distribution Channel, Packaging Type and Region.

Breakup by Flavor:

• Menthol and Mint
• Tobacco
• Dessert
• Fruits and Nuts
• Chocolate
• Others

Breakup by Base Type:

• PG (Propylene Glycol)
• VG (Vegetable Glycerin)
• PG and VG

Breakup by Type:

• Pre-Filled
• Bottled

Breakup by Distribution Channel:

• Supermarkets and Hypermarkets
• Specialty Stores
• Online Stores
• Others

Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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