Tuesday, November 14, 2017

Indonesia Daycare Market Outlook to 2021: Ken Research

The report titled “Indonesia Daycare Market by Type of Day Care (Child Care and Infant Care), by Duration (Half and Full Day) – Outlook to 2021” provides a comprehensive analysis of daycare centers in Indonesia. The report focuses on overall market size for daycare centers operating in Indonesia, market segmentation by region (Java, Sumatra and Others), by Java region (West Java, Central Java and East Java), by type of daycare membership (monthly, daily and others) and by type of programs (full day, half day and others). The report also covers company profile of major players, competition scenario; selecting a daycare center in Indonesia, government role and regulations, trends and developments and issues and challenges. The report concludes with market projection for future and analyst recommendations highlighting the major opportunities and cautions.
Indonesia Daycare Market Size
Indonesia daycare market generated revenues worth USD ~ million in the year 2011. The revenue generation increased to USD ~ million in 2012 which were evident from a massive growth rate of ~% in 2012 owning to high employment growth in daycare centers. Rising number of child enrollments coupled with increasing staff members has consequently improved the quality of daycare centers in Indonesia. The number of day care centers in Indonesia was witnessed to increase from 500 in 2011 to 1,400 in 2013. In comparison with a personal nanny or home based child care, high quality child care provided at a daycare center is more beneficial for children’s cognitive, language and social development. The increasing proportion of children in daycare also reflects large gains in the number of mothers who are working due to rising education levels and middle class aspirations, thus making daycare essential for their children. Indonesia daycare market attained its highest revenues in the year 2016 majorly due to daycare services provided by high schools for teen parents.
Indonesia Daycare market
Indonesia Daycare Market Segmentation
By Region
Based on region, daycare market in Indonesia is classified into Java, Sumatra and other regions. Java region dominated the Indonesia daycare market by capturing ~% of total revenues in 2016. It has been witnessed that both parents in the workforce is an economic necessity for many families living in Java region owning to growing number of households and urban population in the country. On the other hand, Sumatra and other regions such as Jakarta, Tangerang and Banten accounted for ~% and ~% respectively of total revenues in 2016.
By Java Region
Based on overall Java region, daycare market in Indonesia is classified into West Java, Central Java and East Java. West Java region dominated the overall Java daycare market by capturing almost ~% of the market total revenues in 2016. The daycare centers in West Java region were evaluated at ~ centers and charge an average price of USD ~ per day. On the other hand, Central Java and East Java accounted for ~% and ~% respectively of total revenues earned through daycare centers in overall Java region in 2016.
By Type of Daycare
Based on type of daycare, Indonesia daycare market is classified into monthly, daily and others. Monthly daycare segment dominated the overall Java daycare market by capturing ~% of total revenues in 2016. Monthly membership plans are preferred by parents who work full-time and can opt for full/half daycare services. On the other hand, daily and other daycare types accounted for the remaining ~% of total revenues in 2016.
By Type of Program
Based on type of program, daycare market in Indonesia is classified into full day, half day and other types. Full day segment dominated the Indonesia daycare market by capturing ~% of total revenues in 2016. Growing awareness about early childhood education development among parents and provision for government subsidy on daycare programs has led majority of the parents to opt for full day daycare programs/services in Indonesia. On the other hand, half day and others such flexi programs and emergency daycare services for the remaining ~% of total revenues in 2016.
Comparative Landscape in Indonesia Daycare Market
Indonesia daycare market is highly fragmented with the presence of several players such as Baby Kangaroo Indonesia, Paradise Baby, Little Elephant, High Reach, Little Sunshine, Little March Daycare, Tsabitha Daycare, Pondac Bocan Daycare, Qarnain Daycare, Dandelion Daycare, Cler Merby Daycare, Love and Care Baby Daycare; Puste Blume Daycare, Daycare Lil Illr, Arjuna Daycare and Nisreen Daycare. Growing importance of early childhood education coupled with increasing number of working parents in Indonesia have led to rise in demand for daycare centers in Indonesia. The services provided by daycare centers are differentiated in terms of a good reputation, a stimulating curriculum, flexible ground rules, staff qualifications, safe and clean environment; and other benefits. The Indonesian parents have showcased positive attitude towards investing in their children at an early age, thus paying for social, educational and economic dividends over the course of their child’s lifetime. High quality child care is also essential to parents’ abilities to balance work success with family responsibilities.
Future Outlook and Projections of Indonesia Daycare Market
In Indonesia, early childhood education comes in a variety of forms. It can be a daycare center, a playgroup, an early childhood education center integrated with a health post, a program for families with children, a Quran learning center or an Islamic kindergarten, catering to the need of different age groups. The Indonesian government is continuing its efforts to provide an early childhood education for children from poor families. Developing policies and programs that facilitate access to childcare has the potential to increase women’s labor force participation in near future. The blue print of the Early Childhood Education (ECE) 2025 was and initiative launched in 2011 by the Ministry of Education which mentions the poor quality and competency of teachers. Moreover, to improve teachers’ quality, the government plans to provide scholarships, training, and internships, by investing a significant amount of funds. Daycare market in Indonesia is expected to generate revenue of USD ~ million by the year 2021, thus growing at a five year CAGR of 16.4% for the estimated period 2017-2021.
Key Topics Covered in the Report
Introduction to Indonesia Daycare Market
Indonesia Daycare Market Segmentation
Trends And Development In Indonesia Daycare Market
Selecting a Daycare Center in Indonesia
Issues and Challenges in Indonesia Daycare Market
Emerging Technologies and Value Added Services Offered by Daycare Centers Operating in Indonesia
Teacher Training for Childcare in Indonesia
Case Study for Daycare Center in Indonesia
Government Regulation and Support in Indonesia Daycare Market
Comparative Landscape in Indonesia Daycare Market
Future Outlook and Projections of Indonesia Daycare Market
Macro Economic Factors Affecting Indonesia Daycare Market
Playgroup Child Care Centers in Indonesia
My First Skool Number of Centers Indonesia
Nursery Revenue Child Care Center Indonesia
Infant Care Market Indonesia
Indonesia Day Care Market Size
City Wise Day Care Centers Indonesia
Revenue Day Care Centers in Indonesia
Trends Day Care Market Indonesia
Day Care Center Industry Indonesia
Kinderland Day Care In Indonesia
Childcare Enrollment in Indonesia
Indonesia Day Care Market Revenue
Little Elephant Day Care in Indonesia
Child-Care Business Model in Indonesia
Market Share Daycare Centers Indonesia
Child Care Services Market Revenue Indonesia
Top Child Care and Daycare Centers in Indonesia
For more information on the research report, refer to below link:
Related Reports by Ken Research
Contact:         
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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United States E-Cigarette Market, Chinese Electronic Cigarette Sales, Vape Stores in Malaysia



Various vape festivals are organized in across countries which helped in the growth in the popularity of e-cigarettes. Vape festivals that were organised in this period were Vapestock in Florida, VapeCon in Virginia, VapeBash in Chicago and many more. Increase in the health awareness in various countries among people encouraged them to switch from normal cigarettes to e-cigarettes, which led to an increase in the market revenues of e-cigarettes. Major companies currently in the e-cigarette market include Innokin, Aspire, MCV Philippines and others. Technologies such as RDAs, mechanical mods and regulated mods all came into existence which contributed to the growth of this industry. Introducing different flavours in e-cigarettes has helped companies that are manufacturing e-cigarettes in expanding their business and attracting more number of customers to use e-cigarettes. One of the main reasons young population is experimenting and using e-cigarettes is due to the curiosity, peer influences and the availability of different flavours of e-liquids. There are more than 450 companies operating in the e-cigarette market and e-cigarettes are available in more than 7,700 flavours. The e-cigarettes are also available in candy, fruity, coffee and dessert flavours along with the classic menthol and tobacco flavours. Various mergers and acquisitions are taking place in the industry during the past few years. The big giants in the tobacco industry are acquiring small e-cigarettes local players to enter into the e-cigarette sector and in the local markets of different countries. The majority of acquisitions took place in United Kingdom and United States and as a result, the countries became the largest players of e-cigarettes. The report titled “Global E-Cigarette Market by Category (Tobacco Flavored E-Liquids, Botanicals, Fruit Flavors, Nicotine Free E-Liquids); By purchase channel (Online, Specialist Vape/E-Cigarette Stores, Other Physical Retailers), By type (Modular, Disposable, Rechargeable) – Outlook to 2021” by Ken Research suggested that companies can expand their reach in the market by opening more vape stores in different countries. This will help them to cater to the needs of larger audience. More people would be able to consume the e-cigarettes in the countries if they are easily available in close vicinity. Source: https://www.kenresearch.com/food-beverage-and-tobacco/tobacco-products/global-e-cigarrette-market/142271-11.html Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications sales@kenresearch.com 0124-4230204
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Monday, November 13, 2017

Global E-Cigarette Sector Competition, E-Cigarette Market Size, Tobacco ...

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Malaysia Eyewear Market is Expected to register sales worth about USD 480 Million by 2021: Ken Research

Malaysia Eyewear Market by Type (Spectacles and Contact Lens), by Type of Spectacles (Eyeglasses and Sunglasses), by Spectacle Glass and Frame, by Branded and Unbranded Spectacles, by Type of Contact Lens (Clear Spherical and Clear Toric), by Contact Lens Replacement Time (Monthly Disposable Lens and Daily & Bi-weekly Disposable Lens), by Market share of Major companies (Luxottica, Hoya, Essilor, Johnson and Johnson, Carl Zeiss and others including Novartis, Safilo, Valeant Pharmaceuticals, Vision Service Plan, Oculus, Bausch & Lomb)
In the recent years Malay customers are showing an increasing preference for open concept optical goods stores. Consumers in the country have started prioritizing a free shopping experience where they can touch, feel and try on spectacle frames to decide on the ones that suits their appearance without being approached and served by sales assistants.
In Malaysia, a shift in the fashion trends has been observed among the people in the recent years. People have started adopting Korean fashion trends in eyeglasses and sunglasses.
The incidence of myopia and presbyopia are on a continuous rise in the country in the recent years leading to an increased demand for eyewear products; especially prescription glasses and contact lenses.
Malaysia Eyewear market is a growing industry with high population base of fashion conscious, myopic and presbyopic target audience. The industry is expected to witness high sales of eyeglasses, sun glasses and contact lenses with increased eye care educational programs conducted by the Ministry of Health in partnership with the major eyewear players. The sales and promotional strategies adopted by the major players in the market are expected to continue to be the stimulus for the customers to further be attracted to the eyewear products offered by them. The rising rate of myopia and hyperopia in the country has also led to a rapid and increased acceptance of contact lens among the Malays.
Currently, Photo-chromic lenses are trending in the country in the recent years and are expected to stay in the market for the coming years. Hence, the eyewear companies are introducing photo-chromic lenses in their product portfolio observing the rising demand among the public.
The major retailers in the country are focusing on online sales in the recent years owing to the rising internet penetration in the country. Web-based ordering system is gaining attraction in the recent years. Moreover, some companies have started offering 3D trials online. The most preferred choice of spectacles among the Malaysians is expected to be influenced from Korean fashion trends during the forecast period. A recent trend visible among the Malaysians is that they are becoming increasingly fashion conscious, which is a positive factor for the eyewear products in the country. Improved fashion consciousness among the people shall also raise the share of the branded eyewear products in the market. The demand for sunglasses shall be raised owing to the fashion trend.
Malaysians are highly price conscious due to which the major players in the country offer branded eyewear products at discounted and affordable prices. Three major trends visible in the country during this period were retro (especially round shapes from the 1920s), colorful frames and the classic bold black frames. In terms of material, acetate was leading the race, especially with full-rim frames that are currently dominating the market.
One among the major concerns of Malaysia is the increasing rate of aging population in the country. Apart from an increase in the aged population, the aged are also living longer as underscored by an increase in life expectancy. A popular vision impairment that is caused by aging is Presbyopia which may not be permanently repaired through a vision correction surgery. By 2050, the aging population is expected to reach nearly a quarter of the population. This is expected to raise the demand for prescription glasses among the people aged 60 years or above.
Ken Research in its latest study, Malaysia Eyewear Market by Type (Spectacles and Contact Lenses), By Sunglasses and Eyeglasses and By Sales Channel - Outlook to 2021 suggests that Luxottica, Hoya, Essilor, Johnson & Johnson and Carl Zeiss will remain the major players in this space. However, these major players will witness rising competition from other foreign as well as local players in the coming years.
Malaysia Eyewear Market is projected to register a positive CAGR during the period 2016-2021. Changing fashion trends, rising rate of aging population, increasing incidences of myopia and hyperopia and attractive promotional strategies of the major players are expected to drive the Malaysia Eyewear Market in the future. The report provides information on market size of the Malaysia eyewear market size, market segmentation on the basis of type of eyewear, type of spectacles, branded and unbranded spectacles, and type of contact lenses and replacement time of contact lens.
Key Topics Covered in the Report:
Malaysia Eyewear Market size
Fashion Eyewear Market Malaysia
Malaysia spectacles market size
Contact lenses market revenue Malaysia
Malaysia kids eyewear market
Value Chain Analysis Malaysia Eyewear Market
Malaysia Eyewear Market Segmentation
Regulations in Eyewear Industry Malaysia
Malaysia Eyewear Import
Market Share Luxottica Malaysia
Future Outlook Eyewear Malaysia
Macroeconomic Factors Malaysia Eyewear
Malaysia myopic populations
Malaysia hyper myopic population
Photo-chromic lenses demand Malaysia
For more information on the research report, refer to below link:
Related Reports by Ken Research
Contact:                     
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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Malaysia Eyewear Market Research Report: Ken Research

How Eyewear Market Is Positioned in Malaysia?
Eyewear products offered across the globe have become one of the most iconic consumer goods of the decade. People from diverse cultures and vast demographic differences are becoming consumers of the global eyewear market. In Malaysia eyewear products always had a significant importance owing to the increased rate of vision impairments in the country. Malaysia has blindness and visual impairment rates that are comparable with other countries in the South East Asia region. Cataract and uncorrected refractive errors, though readily treatable, are still the leading causes of blindness in the country. Hence, there always had been a high demand for prescription glasses.
Historically, a problem with eyesight warranted wearing heavy spectacles. However, by passing time the designs, models, materials and lot more have upgraded and changed to a notable manner. The eyewear companies have consistently analyzed, researched and identified the gaps and problems with existing products and its features.
Contact lenses were introduced in the country as part of these up-gradations. Earlier mere traditional reusable contact lenses were prevalent in the market and it was highly demanded. However, due to the lack of proper care of contact lenses in the long usage eye infections have become common that led to the introduction of frequent replacement lenses, daily and bi-weekly lenses in the country. Currently, frequent replacement lenses (FRP) are highly demanded in the country.
Which Type of Eyewear is Preferred the Most? Spectacles or Contact Lenses
In Malaysia both spectacles and contact lenses possess significant importance in the market among different age groups. However, in terms of revenue generation spectacles dominates the market with a share of ~% as of 2016. Certain factors that support the domination of spectacles in the country in 2016 were the elevated demand for prescription glasses, rising presence of branded optical goods stores and other similar factors.
The rapid expansion of branded optical goods stores offering spectacles in Malaysia depicts the growing demand for spectacles in the country. The local customers in the country are greatly attracted to the competitive pricing offered by the fast fashion brands with open concept stores, such as Whoosh Eyewear, eGG Optical Boutique and Owl Eyewear. In the challenging economic situation of the country, the competitive pricing of strategy of optical shops have gained a significant traction during the recent years. Korean fashion trends are followed by the people in Malaysia for choosing spectacles. People in Malaysia have a cautious spending behavior that leads them to choose spectacles over contact lenses. Owing to the increasing rate of myopia the customers for spectacles include all the age groups from children to senior citizens.  Contact lenses are the best option for vision correction as it is worn right on the eye due to which the entire field of view is in focus and causes less vision distortions and obstructions than eyeglasses. The segment accounted for a share of ~ % in the year 2016 in the overall eyewear market of the country.
Wearing contact lenses has certain disadvantages. They are not suitable for all eyes. For some people it may reduce the amount of oxygen reaching the eye and can cause or increase the severity of dry eye syndrome. Similar other eye health issues caused by the contact lenses like red eye, corneal edema, infiltrates and others restrict large number of people from choosing contact lenses over spectacles.
Which Distribution Channel is Preferred the Most in Malaysia Eyewear Market?
Eyewear products are distributed in Malaysia through optical shops, department stores, apparel and footwear specialist retailers, pharmacies, supermarkets and hyper markets and online channels. Optical shops are the shops that exclusively stock eyewear products including frames, glasses, contact lenses, sunglasses and others. Optical shops are meant for aiding vision correction among the people. Optical shops are preferred the most by the customers in Malaysia as a buying channel for eyewear products. Major rationale behind the domination optical shops in terms of distribution is the professional consultation made available in the shop and the wide array of products and brands available. Optical shops in Malaysia also have optical consultation set up within the shop. They offer consultations by certified eye care practitioners. With such a facility, optical shops become a one stop shop for the customers which also are the most convenient channel. The consultation may be free of charge or may have a small fee. They held a share of ~% during the year 2016. Department stores are retail establishments that offer a wide variety of consumer goods including eyewear products. In a department store different product categories are offered under different departments. In Malaysia eyewear market department stores are the second most preferred channel of distribution. In 2016, department stores held a share of ~% in terms of revenue. People generally buy sunglasses from the departmental stores and the ticket size of the sunglasses offered by the departmental stores is lower in comparison to the optical shops.
Apparel and footwear retailers are also the ones who offer eyewear as add on product with their apparel and footwear collection. As of 2016, the channel held the third position in terms of preference by the customers for buying eyewear products. Due to the tough competition prevailing in the market, the channel also consistently held the same share in the market; a share of ~% from the past three years. Supermarkets and hypermarkets held one of the least shares of ~% as a distribution channel in the Malaysia Eyewear market. Supermarkets and hypermarkets also do not specialize in the eyewear products that limit variety in their products offerings. Generally the chemist shops or pharmacies do not stock eyeglasses or sunglasses. They often take up the order for the glass from the customer and provide it to an optical shop who delivers an optical glass according to the prescription to the chemist shops or pharmacies. Online channels have held the lowest share in the market in terms of revenue. It accounted for a meager share of ~ % in the market as of 2016. Though it held a lower share in the market, it is observed that its share have been gradually inclining over the years.
Which Type Of Contact Lenses Dominates The Market?
There are two major types of contact lenses available in Malaysia eyewear market; clear spherical contact lenses and clear toric contact lenses. Clear spherical lenses are the typical round shaped contact lenses. It is available in two forms one that corrects myopia and the other one is use to correct hyperopia. Myopia represents short-sightedness and hyperopia represents long-sightedness. The contact lenses market in Malaysia eyewear market is dominated by clear spherical lenses that accounted for a share of ~% in 2016. Such a clear domination can be owed to the rising rates of myopia and hyperopia in the country. During the period of 2011-2016, both myopia and hyperopia incidences has increased at an average annual rate of ~%.
What are the Major Trends and Issues in Malaysia Eyewear Market?
One among the major concerns of Malaysia is the increasing rate of aging population in the country. Apart from an increase in the aged population, the aged are also living longer as evidenced by an increase in life expectancy. A popular vision impairment that is caused by aging is Presbyopia which may not be permanently repaired through a vision correction surgery.
In the recent years, Malaysian customers are showing an increasing preference for open concept optical goods stores. Consumers in the country have started prioritizing a free shopping experience where they can touch, feel and try on spectacle frames to decide on the ones that suits their appearance without being approached and served by sales assistants.
In Malaysia, a shift in the fashion trends has been observed among the people in the recent years. People have started adopting Korean fashion trends in eyeglasses and sunglasses.
New technologies in the space of corrective eye surgeries have started to emerge in the Malaysia eyewear market. LASIK surgeries have gained a significant traction in Malaysia. Rapidly upgrading vision correction surgical technologies are expected to adversely affect the eyewear market and reduce the demand for prescription glasses, frames and contact lenses.
Greater usage of electronic gadgets and a rapid penetration of internet in Malaysia have induced the major companies operating in the country to start offering their products online.
How the Competition is prevailing in Malaysia Eyewear Market
Malaysia Eyewear market has been dominated by the increased demand for prescription glasses among the people owing to the rising rate of myopia, hyperopia and presbyopia. Hence, the top players in the market includes increasingly known for prescription glasses and contact lenses such as Essilor, Carl Zeiss, Hoya Corp., Johnson & Johnson and others. It is one of the highly competitive and highly potential markets for the global players. High rate of vision impairment problems and changing fashion trends in the country has attracted large number of foreign players to the market. Competition in the Malaysia Eyewear market is fragmented with the presence of a large number of players. The major players in the market include manufacturers and retailers. Manufacturers present in the market compete on the basis of the number of in-house and licensed brands, price range, product variants of each brand, type of glasses and other parameters. Retailers include optical shops that compete against each other on the basis of brands available in the shop, type of glasses offered, retail price, product variety, design of frames, type of glasses available in the store, sales and promotional activities and similar related features.
What is the Future Outlook for Malaysia Eyewear Market?
Malaysia eyewear market has been growing at a CAGR of ~% during the review period 2011-2016 and a similar growth trend is expected to be visible in the coming years also. The growth in the market during the forecast period is not expected to be outstanding but shall be stable owing to a certain supporting factors. Certain factors that shall drive market growth during the forecast period can be the increasing rate of myopia, rising rate of aging population, increased acceptance of contact lenses, stabilized demand for sunglasses and more. The sales and promotional strategies adopted by the major players in the market are expected to continue to be the stimulus for the customers to further be attracted to the eyewear products offered by them. Incidences of myopia are rising year on year in the country especially among the children aged below 10 years and among the youngsters, at a larger rate. The most preferred choice of spectacles among the Malaysians is expected to be influenced from Korean fashion trends during the forecast period raising the demand for sunglasses.
Companies Cited in the Report
List of Companies                        Companies Covered in the Report
Luxottica Group SpA
Hoya Corporation
Essilor International SA                Major Players in Malaysia Eyewear Market
Johnson & Johnson Inc
Carl Zeiss
Key Factors Considered in the Report
Comprehensive analysis of Malaysia Eyewear Market and its segments
Listed major players and their positioning in the market
Identified major industry trends and developments in last few years and assessed the future growth of the industry
Government initiatives and regulations in Malaysia Eyewear Market
Product Portfolio of major players in Malaysia Eyewear Market
For more information on the research report, refer to below link:
Related Reports by Ken Research   
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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Global E-Cigarette Market by Category (Tobacco Flavored E-Liquids, Botanicals, Fruit Flavors, Nicotine Free E-Liquids); By purchase channel (Online, Specialist Vape/E-Cigarette Stores, Other Physical Retailers), By type (Modular, Disposable, Rechargeable) - Outlook to 2021: Ken Research

Global E-Cigarette Market by Category (Tobacco Flavored E-Liquids, Botanicals, Fruit Flavors, Nicotine Free E-Liquids); By purchase channel (Online, Specialist Vape/E-Cigarette Stores, Other Physical Retailers), By type (Modular, Disposable, Rechargeable) - Outlook to 2021" provides a comprehensive analysis of e-cigarette market across the world. The report includes the market size by revenue, segmentation for different regions (Asia Pacific, Americas, Middle East and Africa and Europe) by revenue, Segmentation for major countries in region by revenue, segmentation by type of e-cigarette (Tobacco, Botanical, Nicotine and Fruits), segmentation by sales channel, nicotine strength and product type. The report also covers global industry trends, developments, challenges and restraints. The report clearly highlights the major reasons for preference of e-cigarette across different geographies. The report also highlights the company profile of major e-cigarette companies including the product launch, recent developments, business strategies, product portfolio and others. The report also covers the detailed country profile of the US, the UK, Russia, Poland and other European nations for e-cigarette market. The report concludes with future projections of overall global e-cigarette market and analyst recommendations.

Global E-Cigarette Market Size
The market size of e-cigarettes in 2011 was USD ~ million and it grew to USD ~ million in 2016. The global e-cigarette registered a CAGR of ~% from 2011-2016. Various mergers and acquisitions took place between e-cigarette companies during the review period. Many big e-cigarette companies acquired small local players to gain more market share and enter into the local markets. Various mergers and acquisitions that took place in the e-cigarette market around the globe are BAT and CN Creative, Lorillard and Blu, Imperial and Blu, Japan Tobacco and Logic and others.
Global E-Cigarette Market Segmentation
Segmentation by Region: The market of e-cigarettes has been segmented on the basis of regions. The regions that have been included in the report are US, UK, Europe, APAC and MEA. The US market dominated the global e-cigarette market contributing ~% of the total e-cigarette market revenue during 2016. The next region that dominated the e-cigarette market was Europe, with ~% of the total market share during 2016. France contributed the largest revenue in the region with ~% of the overall revenue of Europe followed by Italy and Poland. Asia-Pacific contributed ~% to the overall global e-cigarette market revenues during 2016. Despite a large number of people engaged in the smoking in this region, the people adopting vaping are very limited and the e-cigarette market in APAC region is at a nascent stage.
By Types of Flavors of E-Liquids and E-Cigarettes: The most dominated flavor in the global e-cigarette market is tobacco which contributed around ~% of the global e-cigarette revenue in 2016 followed by botanicals with ~% of the revenue, fruit flavored products with ~% of the revenue and nicotine flavored e-liquids with ~% contribution in the global e-cigarette market during the same year. In most countries of the world, people start using e-cigarettes with the tobacco flavor as they want to mimic the art of smoking, taste and feel of smoking.
By Purchase Channel: The various channels available for the purchase of e-cigarettes are online channels, vape stores and other retail stores. Online channel contributed ~% of the revenue generated by the overall sales of e-cigarettes in the world. In most of the countries, online channel for the distribution and sales of e-cigarettes is more prevalent. This is because it provides ease of buying products and also people can compare the prices of the same product from various websites thus helping them to buy the same product at a lower cost. The vape shops contributed ~% of the revenue generated by the global e-cigarette market.
By Product Type: The e-cigarette devices can be broadly classified into modular, rechargeable and disposable e-cigarettes. The modular e-cigarettes generated around ~% of the revenue in the global e-cigarette market. The rechargeable e-cigarettes generated revenue of ~% in the global e-cigarette market. The prices of the rechargeable e-cigarettes are comparatively higher than the disposable e-cigarettes. However, it is slightly lower than modular e-cigarettes. The disposable e-cigarettes contributed ~% of the total revenue generated by the sales of all e-cigarettes in the world.
By Nicotine Strength: The nicotine strength have been divided into four categories zero nicotine, 1-6mg, 7-15mg and more than 15mg. The zero nicotine strength e-liquids contributed ~% of the overall revenue earned by selling the e-cigarette products globally. The nicotine strength of 1-6mg contributed ~% in the global e-cigarette market whereas 7-15mg nicotine strength contributed ~% of the overall e-cigarette market of the world.
Competitive Landscape of Major Players
The global e-cigarette market is highly fragmented. There are more than 500 e-cigarette players operating and selling e-cigarettes under different brand names around the world. With larger players entering the market, the smaller players such as Ballantyne Brands, FIN Branding and many other small Chinese manufacturers are facing huge competition in the global e-cigarette market. The major companies that dominated the global e-cigarette market are VMR, RJ Reynolds, British American Tobacco, Njoy, Altria, International Vapor Group, Japan Tobacco and many more. These companies contributed around ~% of the total e-cigarette market of the world. The players in the e-cigarette market compete on the basis of different products and flavours of e-liquids that the companies sell.
Future of Global E-Cigarette Market
The market size of e-cigarettes globally in terms of revenue was USD ~ million in 2016 and is estimated to grow at a CAGR ~% from 2016-2021. The market size is estimated to increase to USD ~ million by 2021. The governments across various countries have been implementing stringent policies relating to the tobacco and smoke industry. This will increase the potential of the e-cigarette market. The companies around the world have been competing against each other by introducing more flavours in the market.
Snapshot on US E-Cigarette Market
The e-cigarettes were introduced in the United States during 2006-2007. The scientists and health officials linked cigarette smoking to a large number of adverse effects on health and it was considered to be a major reason for premature death in the United States. In terms of market revenue, the market recorded an increase from USD ~ billion in 2011 to USD ~ billion in 2016 at a significant CAGR of ~% during the same period.
By type of devices, Tank and vapor system dominated the US e-cigarette market by accounting for ~% and ~% respectively to overall e-cigarette market revenues during 2016. By sales channel around ~% of the revenue is earned by retail stores which include vape shops and convenient stores followed by ~% through online channel and ~% by other retail stores such as grocery stores, supermarkets and gas stations during 2016.
The companies such as Altria, Reynolds American, White Cloud, Hana Modz and many others have not just started producing e-cigarettes but are also selling the e-cigarettes in the international markets which have increased the exports of the country. The major e-cigarette players in the country include Reynolds American, Fontem, Altria, Logic and Njoy.
Snapshot on UK E-Cigarette Market
The electronic cigarettes were introduced in UK market in the year 2006. The number of vape stores in UK has increased from ~ in 2015 to ~ stores in 2016. In UK, e-cigarette market is one of the fastest growing products both by volume and value. In 2011, the total number of e-cigarette users was 1.5 million and the number grew to ~ million in 2016. The market for e-cigarettes in 2011 was USD ~ million and it stood at USD ~ million in 2016. The local manufacturers present in the UK market are Apollo, ROK Universal, E-Lites and Blu (Imperial Brands).
Key Topics Covered in the Report:
  • Executive Summary
  • Research Methodology
  • Global E-Cigarettes Product Evolution
  • Value Chain Analysis of Global E-Cigarettes Market
  • Global E-Cigarettes Market Size by Revenue, 2011-2016
  • Global E-Cigarettes Market Segmentation, 2011-2016
  • Consumer Profile of Global E-Cigarette Market
  • Decision Making Process Before Buying E-Cigarettes
  • Trends and Developments in Global E-Cigarette Market
  • Government Rules and Regulations in E-Cigarette Market
  • Competitive Landscape of Major Players
  • Future of Global E-Cigarette Market
  • Snapshot on The United States E-Cigarette Market
  • Snapshot on The UK E-Cigarette Market
  • Snapshot on Russia E-Cigarette Market
  • Snapshot on E-Cigarette Market in Poland
  • Snapshot on E-Cigarette Market in Germany
  • Snapshot on E-Cigarette Market in China
  • Snapshot on Italy E-Cigarette Market
  • Snapshot on France E-Cigarette Market
  • Snapshot on Malaysia E-Cigarette Market
  • Snapshot on South Korea E-Cigarette Market
  • Analyst Recommendations
Source: https://www.kenresearch.com/food-beverage-and-tobacco/tobacco-products/global-e-cigarrette-market/142271-11.html
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
ankur [@] kenresearch.com
+91-9015378249
www.kenresearch.com
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