Research to Claim USD 3509.8 Mn for E-Liquids Market by 2028

E-liquid is the mixture used in vapor products such as e-cigarettes and generally consists of propylene glycol, glycerin, water, nicotine, and flavorings. While the ingredients vary the liquid typically contains 95% propylene glycol and glycerin.

North America is the largest market with about 44% market share. Europe is follower, accounting for about 27% market share.

The key players are Halo, VMR Product, Turning Points Brands, Nasty Juice, NicVape, Truvape, VaporCast, Space Jam, Kings Crest, Ripe Vapes, Nicquid, Dinner Lady, Vape Wild, Black Note, Halcyon Vapors etc. Top 3 companies occupied about 11% market share.

The global E-Liquids market was valued at US$ 1431.1 million in 2020 and is expected to reach US$ 3509.8 million by the end of 2027, growing at a CAGR of 13.8% during 2021-2027.

This report focuses on E-Liquids volume and value at the global level, regional level and company level. From a global perspective, this report represents overall E-Liquids market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.

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The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type

  • PG Base E-Liquids
  • VG Base E-Liquids
  • Blend PG & VG

Segment by Application

  • Offline
  • Online

By Company

  • Halo
  • VMR Product
  • Turning Points Brands
  • Nasty Juice
  • NicVape
  • Truvape
  • VaporCast
  • Space Jam
  • Kings Crest
  • Ripe Vapes
  • Nicquid
  • Dinner Lady
  • Vape Wild
  • Black Note
  • Halcyon Vapors
  • Nicopure Labs
  • Huajia
  • Molecule Labs

Production by Region

  • North America
  • Europe
  • China

Consumption by Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
  • Latin America (Mexico, Brazil, Argentina)
  • Middle East & Africa (Turkey, Saudi Arabia, UAE)


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