Market Overview:
The Latin America e-cigarette market reached a value of US$ 150 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 260 Million by 2027, exhibiting a CAGR of 8.8% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Also known as e-cigs and vape pens, e-cigarettes are battery-operated devices manufactured using cartridge, mouthpiece, atomizer and batteries. These devices contain nicotine, humectant and flavorings, which are heated at a high temperature to retain moisture and produce an aerosol. They can resemble cigars or USB memory sticks and provide a sensation of smoking tobacco. At present, they are increasingly being adopted by young adults in the Latin American region on account of their cost-effectiveness.
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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.
Rising awareness about respiratory illness and diseases is increasing the willingness among individuals to quit smoking, which, in turn, is positively influencing the overall sales of e-cigarettes in the Latin America region. This can be attributed to the positive perception toward e-cigarettes. Apart from this, the easy availability of a wide range of product flavors via online distribution channels is catalyzing the market growth. Furthermore, leading players in the industry are relying on social media platforms to implement innovative promotional strategies and expand their consumer base in the region. Besides this, they are also introducing next-generation product variants that involve refillable, pre-filled pod systems, which is anticipated to fuel the market growth in the upcoming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Latin America e-cigarette market, along with forecasts at the regional and country level from 2022-2027. Our report has categorized the market based on product, flavor, mode of operation and distribution channel.
Breakup by Product:
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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.
- Modular E-Cigarette
- Rechargeable E-Cigarette
- Next-Generation E-Cigarette
- Disposable E-Cigarette
Breakup by Flavor:
- Tobacco
- Botanical
- Fruit
- Sweet
- Beverage
- Others
Breakup by Mode of Operation:
- Automatic E-Cigarette
- Manual E-Cigarette
Breakup by Distribution Channel:
- Specialist E-Cig Shops
- Online
- Supermarkets and Hypermarkets
- Tobacconist
- Others
Breakup by Country:
- Brazil
- Mexico
- Argentina
- Colombia
- Chile
- Peru
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Million |
| Segment Coverage |
Product, Flavor, Mode Of Operation, Distribution Channel, Country |
| Countries Covered |
Brazil, Mexico, Argentina, Colombia, Chile, Peru, Others |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the Latin America e-cigarette market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Latin America e-cigarette market?
- What are the key regional markets?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the flavor?
- What is the breakup of the market based on the mode of operation?
- What is the breakup of the market based on the distribution channel?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the Latin America e-cigarette market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Latin America E-Cigarette Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product
6.1 Modular E-Cigarette
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Rechargeable E-Cigarette
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Next-Generation E-Cigarette
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Disposable E-Cigarette
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Flavor
7.1 Tobacco
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Botanical
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Fruit
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Sweet
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Beverage
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Others
7.6.1 Market Trends
7.6.2 Market Forecast
8 Market Breakup by Mode of Operation
8.1 Automatic E-Cigarette
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Manual E-Cigarette
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Distribution Channel
9.1 Specialist E-Cig Shops
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Online
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Supermarkets and Hypermarkets
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Tobacconist
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Others
9.5.1 Market Trends
9.5.2 Market Forecast
10 Market Breakup by Country
10.1 Brazil
10.1.1 Market Trends
10.1.2 Market Breakup by Product
10.1.3 Market Breakup by Flavor
10.1.4 Market Breakup by Mode of Operation
10.1.5 Market Breakup by Distribution Channel
10.1.6 Market Forecast
10.2 Mexico
10.2.1 Market Trends
10.2.2 Market Breakup by Product
10.2.3 Market Breakup by Flavor
10.2.4 Market Breakup by Mode of Operation
10.2.5 Market Breakup by Distribution Channel
10.2.6 Market Forecast
10.3 Argentina
10.3.1 Market Trends
10.3.2 Market Breakup by Product
10.3.3 Market Breakup by Flavor
10.3.4 Market Breakup by Mode of Operation
10.3.5 Market Breakup by Distribution Channel
10.3.6 Market Forecast
10.4 Colombia
10.4.1 Market Trends
10.4.2 Market Breakup by Product
10.4.3 Market Breakup by Flavor
10.4.4 Market Breakup by Mode of Operation
10.4.5 Market Breakup by Distribution Channel
10.4.6 Market Forecast
10.5 Chile
10.5.1 Market Trends
10.5.2 Market Breakup by Product
10.5.3 Market Breakup by Flavor
10.5.4 Market Breakup by Mode of Operation
10.5.5 Market Breakup by Distribution Channel
10.5.6 Market Forecast
10.6 Peru
10.6.1 Market Trends
10.6.2 Market Breakup by Product
10.6.3 Market Breakup by Flavor
10.6.4 Market Breakup by Mode of Operation
10.6.5 Market Breakup by Distribution Channel
10.6.6 Market Forecast
10.7 Others
10.7.1 Market Trends
10.7.2 Market Breakup by Product
10.7.3 Market Breakup by Flavor
10.7.4 Market Breakup by Mode of Operation
10.7.5 Market Breakup by Distribution Channel
10.7.6 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Policy and Regulatory Landscape
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
List of Figures
Figure 1: Latin America: E-Cigarette Market: Major Drivers and Challenges
Figure 2: Latin America: E-Cigarette Market: Sales Value (in Million US$), 2016-2021
Figure 3: Latin America: E-Cigarette Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: Latin America: E-Cigarette Market: Breakup by Product (in %), 2021
Figure 5: Latin America: E-Cigarette Market: Breakup by Flavor (in %), 2021
Figure 6: Latin America: E-Cigarette Market: Breakup by Mode of Operation (in %), 2021
Figure 7: Latin America: E-Cigarette Market: Breakup by Distribution Channel (in %), 2021
Figure 8: Latin America: E-Cigarette Market: Breakup by Country (in %), 2021
Figure 9: Latin America: E-Cigarette (Modular E-Cigarette) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Latin America: E-Cigarette (Modular E-Cigarette) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Latin America: E-Cigarette (Rechargeable E-Cigarette) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Latin America: E-Cigarette (Rechargeable E-Cigarette) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Latin America: E-Cigarette (Next-Generation E-Cigarette) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Latin America: E-Cigarette (Next-Generation E-Cigarette) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Latin America: E-Cigarette (Disposable E-Cigarette) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Latin America: E-Cigarette (Disposable E-Cigarette) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Latin America: E-Cigarette (Tobacco) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Latin America: E-Cigarette (Tobacco) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Latin America: E-Cigarette (Botanical) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Latin America: E-Cigarette (Botanical) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Latin America: E-Cigarette (Fruit) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Latin America: E-Cigarette (Fruit) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Latin America: E-Cigarette (Sweet) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Latin America: E-Cigarette (Sweet) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Latin America: E-Cigarette (Beverage) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Latin America: E-Cigarette (Beverage) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Latin America: E-Cigarette (Other Flavors) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Latin America: E-Cigarette (Other Flavors) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Latin America: E-Cigarette (Automatic E-Cigarette) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Latin America: E-Cigarette (Automatic E-Cigarette) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Latin America: E-Cigarette (Manual E-Cigarette) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Latin America: E-Cigarette (Manual E-Cigarette) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Latin America: E-Cigarette (Specialist E-Cig Shops) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Latin America: E-Cigarette (Specialist E-Cig Shops) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Latin America: E-Cigarette (Online) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Latin America: E-Cigarette (Online) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Latin America: E-Cigarette (Supermarkets and Hypermarkets) Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Latin America: E-Cigarette (Supermarkets and Hypermarkets) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Latin America: E-Cigarette (Tobacconist) Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Latin America: E-Cigarette (Tobacconist) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Latin America: E-Cigarette (Other Distribution Channels) Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Latin America: E-Cigarette (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Brazil: E-Cigarette Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Brazil: E-Cigarette Market: Breakup by Product (in %), 2021
Figure 45: Brazil: E-Cigarette Market: Breakup by Flavor (in %), 2021
Figure 46: Brazil: E-Cigarette Market: Breakup by Mode of Operation (in %), 2021
Figure 47: Brazil: E-Cigarette Market: Breakup by Distribution Channel (in %), 2021
Figure 48: Brazil: E-Cigarette Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Mexico: E-Cigarette Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Mexico: E-Cigarette Market: Breakup by Product (in %), 2021
Figure 51: Mexico: E-Cigarette Market: Breakup by Flavor (in %), 2021
Figure 52: Mexico: E-Cigarette Market: Breakup by Mode of Operation (in %), 2021
Figure 53: Mexico: E-Cigarette Market: Breakup by Distribution Channel (in %), 2021
Figure 54: Mexico: E-Cigarette Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Argentina: E-Cigarette Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Argentina: E-Cigarette Market: Breakup by Product (in %), 2021
Figure 57: Argentina: E-Cigarette Market: Breakup by Flavor (in %), 2021
Figure 58: Argentina: E-Cigarette Market: Breakup by Mode of Operation (in %), 2021
Figure 59: Argentina: E-Cigarette Market: Breakup by Distribution Channel (in %), 2021
Figure 60: Argentina: E-Cigarette Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Colombia: E-Cigarette Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Colombia: E-Cigarette Market: Breakup by Product (in %), 2021
Figure 63: Colombia: E-Cigarette Market: Breakup by Flavor (in %), 2021
Figure 64: Colombia: E-Cigarette Market: Breakup by Mode of Operation (in %), 2021
Figure 65: Colombia: E-Cigarette Market: Breakup by Distribution Channel (in %), 2021
Figure 66: Colombia: E-Cigarette Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Chile: E-Cigarette Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Chile: E-Cigarette Market: Breakup by Product (in %), 2021
Figure 69: Chile: E-Cigarette Market: Breakup by Flavor (in %), 2021
Figure 70: Chile: E-Cigarette Market: Breakup by Mode of Operation (in %), 2021
Figure 71: Chile: E-Cigarette Market: Breakup by Distribution Channel (in %), 2021
Figure 72: Chile: E-Cigarette Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Peru: E-Cigarette Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Peru: E-Cigarette Market: Breakup by Product (in %), 2021
Figure 75: Peru: E-Cigarette Market: Breakup by Flavor (in %), 2021
Figure 76: Peru: E-Cigarette Market: Breakup by Mode of Operation (in %), 2021
Figure 77: Peru: E-Cigarette Market: Breakup by Distribution Channel (in %), 2021
Figure 78: Peru: E-Cigarette Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Others: E-Cigarette Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Others: E-Cigarette Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Latin America: E-Cigarette Industry: SWOT Analysis
Figure 82: Latin America: E-Cigarette Industry: Value Chain Analysis
Figure 83: Latin America: E-Cigarette Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Latin America: E-Cigarette Market: Key Industry Highlights, 2021 and 2027
Table 2: Latin America: E-Cigarette Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 3: Latin America: E-Cigarette Market Forecast: Breakup by Flavor (in Million US$), 2022-2027
Table 4: Latin America: E-Cigarette Market Forecast: Breakup by Mode of Operation (in Million US$), 2022-2027
Table 5: Latin America: E-Cigarette Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 6: Latin America: E-Cigarette Market Forecast: Breakup by Country (in Million US$), 2022-2027
Table 7: Latin America: E-Cigarette Market: Competitive Structure
Table 8: Latin America: E-Cigarette Market: Key Players