European E Liquid to hit $11 Billion by 2025

MINNEAPOLIS - Nov. 5, 2015 - PRLog -- According to European E Liquid Market: Focus on Type, Origin, Geography, and Distribution Channel –Estimation & Forecast, 2015-2025 report by BIS Research, the European e-liquid market is expected to grow at a projected CAGR of 26.26% and reach $11 billion by 2025. While pre-filled e-liquid dominated the European e-liquid market in 2014, bottled e-liquid is anticipated to grow over $4 billion by 2025. Europe has grown to become the largest e-liquid market globally, leveraging on a myriad of players which are either a brand under global tobacco giants such as Blu and E-lites or independent brands such as Totally Wicked and Dekang among others. While the U.K. has been identified as the leading revenue generating market for the European e-liquid market, a competition has been observed between countries like Germany, Russia, France, and Spain.  Moreover, a large number of brick-and-mortar shops are bringing bottled and pre-filled e-liquids on their shelves.

BIS Research has aligned its report scope with the changing paradigms in the e-cigarette and e-liquid industry encompassing comprehensive segments of key strategies and developments and legal and regulatory framework. The 175 page report from BIS has analyzed the key driving and restraining forces for the European e-liquid market in addition to a thorough analysis of the competitive rivalry prevailing in the region. Owing to the diversity of distribution channel in the region, a special segment has been dedicated to the market analysis by distribution channel providing market shares for both online and retail channel for the forecast period.

The report is a meticulous compilation of the different aspects of the European e-liquid market including the porter’s five forces analysis, market dynamics, key consortiums, compliance and regulatory bodies, market breakdown. The market values form a critical part of the report, herein the revenue generated from sales of e-liquid by types (pre-filled and bottled) and distribution channels have been analyzed to calculate the market size. The market estimation and forecast based on the source of e-liquid and key countries has also been included in the report. In addition to a comprehensive quantitative analysis of the e-liquid types viz. pre-filled and bottled, the report has meticulously covered the key European countries, incorporating their market shares by value and volume.

The company profile section has been broken down into local and global players. While the global companies have been chosen on the basis of their market developments and revenue generation, leading country wise e-liquid players have also been profiled in the report. The analysts at BIS Research said, “The role of healthcare regulatory bodies such as the MHRA will be pivotal in giving a proper shape to the market through the forecast period. Moreover, the increasing adoption of advanced personal vaporizers (APV) and mods is expected to escalate the market demand of bottled e-liquids in the region.”

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