Latest 2023 Developments of the Germany E-Cigarette Market
Germany E-Cigarette Market includes advancements in modular e-cigarette devices, for instance, the incorporation of larger, rechargeable batteries of more power, e-liquid tanks refilled through standard or personalized mixtures, coil upgrades and variable as well as controllable power options. Also, the array of customization features such as temperature control and nicotine concentrations offered by the vendors has led to a better experience for smokers. At the start of 2021, the Bundestag waved through legislation to make smoking in Germany more expensive as of next year. Currently, a 10-millilitre bottle of vape liquid costs around 5 euros in Germany. In 2022, an extra 1.60 euros will be added to this price in taxation, and this will rise to 3.20 euros by 2026.
Mergers and Acquisitions:
- In January 2020, Philip Morris International announced its collaboration with KT&G.
Germany E-Cigarette Market Synopsis
Tax incentives, strong customer base willing to quit traditional smoking along with increasing awareness of e-cigarettes among users are the key drivers for the growth of e-cigarette in Germany. Further, the advantages of e-cigarettes over traditional cigarettes such as no use of tobacco and lesser health risks have resulted in the wide consumption of e-cigarettes across Germany.
According to 6Wresearch, Germany e-cigarette market size is projected to grow at a CAGR of 13.5% during 2019-25. Modular/rechargeable e-cigarettes are the key revenue-generating device type in the overall e-cigarette market in Germany owing to the country’s large population and increasing concerns being placed on health among people. Further, during the forecast period, the market of disposable e-cigarette is anticipated to register faster growth over the modular/rechargeable e-cigarette.
The population within the age group of 20-39 years has led to the growth of the market and is anticipated to drive the demand over the coming years as well.
The Germany E-Cigarette market report comprehensively covers the market by device type, gender, age group and distribution. Germany E-Cigarette market outlook report provides an unbiased and detailed analysis of ongoing Germany 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.
Key Highlights of the Report:
• Germany E-Cigarette Market Overview
• Germany E-Cigarette Market Outlook
• Germany E-Cigarette Market Size
• Germany E-Cigarette Market Forecast
• Historical data of the Germany E-Cigarette Market Revenues and Volume for the period 2015-2018.
• Germany E-Cigarette Market Size & Germany E-Cigarette Market Forecast of Revenues and Volume until 2025F.
• Historical Data of Germany E-Cigarette Market Revenues & Volume for the Period 2013-2018, By Device type.
• Market Size & Forecast of Germany E-Cigarette Market Revenues & Volume until 2025F, By Device type.
• Germany E-Cigarette Market Share, By Device Type, for the year 2018.
• Market Size of Germany E-Cigarette Market Revenues, by Gender, for the year 2018.
• Germany E-Cigarette Market Share, By Gender, for the year 2018.
• Market Size of Germany E-Cigarette Market Revenues, by Demographic factors, for the year 2018.
• Germany E-Cigarette Market Share, By Demographic factors, for the year 2018.
• Market Size of Germany E-Cigarette Market Revenues, by Distribution, for the year 2018.
• Germany E-Cigarette Market Share, By Distribution, for the year 2018.
• Germany E-Cigarette Market Drivers
• Germany E-Cigarette Market Restraints
• Germany E-Cigarette Market Trends and Industry Life Cycle
• Germany E-Cigarette Market Porter’s Five Force Analysis
• Germany E-Cigarette Market Opportunity Assessment
• Germany E-Cigarette Market Share, By Players
• Germany E-Cigarette Market Overview on Competitive Benchmarking
• Company Profiles.
• Strategic Recommendations.
Market Covered
The Germany E-Cigarette market report provides a detailed analysis of the following market segments:
By Device Type
- Modular/re-chargeable e-cigarette
- Disposable e-cigarette
By Demography
o Gender
?Male
?Femaleo Age Group
?14-19 years
?20-39 years
?40-59 years
? 60 years & above
By Distribution
- Online
- Offline
