Global E-Cigarette Market Report 2022-2027 Featuring Imperial Brands, BAT, Altria Group, Japan Tobacco, Turning Point Brands, J WELL, NicQuid, NJOY, Shenzhen IVPS Technology DUBLIN , Sept. 20, 2022 |PRNewswire| -- The "Global E-Cigarette Market: By Product Type, By Category, By Composition, By Distribution Channel, By Region Size Forecast with Impact Analysis of COVID-19 and Forecast up to 2027" report has been added to ResearchAndMarkets.com''s offering. In 2021, the global e-cigarette market was valued at US$20.40 billion , and is probable to reach US$54.10 billion by 2027 The e-cigarette market is projected to grow at a CAGR of 17.65%, during the forecast period of 2022-2027. E-cigarettes are battery-powered devices that are considered less toxic than traditional cigarettes. Also known as e-cigs, e-vaping devices, vape pens and electronic cigarettes, these cigarettes consist of three main components, namely, a heating coil, battery and an e-liquid cartridge. These components help in delivering dosages of vaporized nicotine or flavored solutions to the users. Emergence of flavored e-cigarettes along with launch of economical HNB products, rising government initiatives to implement indoor smoking bans and escalating demand for different flavors open vape systems by young population are some other factors that would propel the market growth for injectable in coming years.