Japan E-Cigarette Market Insights Forecasts to 2033

• The Japan E-Cigarette Market Size was valued at USD 1.18 Billion in 2023.
• The Market Size is Growing at a CAGR of 21.30% from 2023 to 2033
• The Japan E-Cigarette Market Size is Expected to Reach USD 8.14 Billion by 2033

The Japan E-cigarette Market is Anticipated to Reach USD 8.14 Billion by 2033, growing at a CAGR of 21.30% from 2023 to 2033.

Market Overview

Vaping, often known as electronic cigarettes, is the use of a vaporizer to mimic the effects of smoking cigarettes. It is made up of a vaporizer, a tank or cartridge-style container, and a power source like a battery. E-cigarettes heat a unique liquid using a battery to create an aerosol that consumers inhale. It is more than just innocuous water vapor. Nicotine (which is taken out of tobacco) is typically present in the "e-juice" that fills the nicotine cartridges, along with propylene glycol, flavorings, and other substances. Additionally, the e-liquid solution is heated to a high temperature using an atomizer, which turns it into vapor and air in an aerosol form.

Report Coverage

This research report categorizes the market for the Japan e-cigarette market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan e-cigarette market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Japan e-cigarette market.

Driving Factors

New tobacco-alternative products are becoming more and more popular among teenagers in Japan. Dual use is typical, and many teenagers exclusively utilize new goods. Furthermore, e-cigarettes may encourage smoking among a wider variety of people. In 2022, 0.5% of adult Japanese users will be daily users of without nicotine e-cigarettes. 1.9% of adults now vape, while 11.4% of people have attempted vaping at some point in their lives. The industry is expanding as a result of producers producing more innovative products, rising demand from consumers for smokeless and ashless e-cigarettes, and Japan's emphasis on reducing health concerns.

Restraining Factors

One of the main obstacles facing e-cigarette makers is the lack of clarity regarding the rules and regulations.

Market Segmentation

The Japan e-cigarette market share is classified into mode of operation and distribution channel.

• The automatic e-cigarette segment is expected to hold a significant market share through the forecast period.

The Japan e-cigarette market is segmented by mode of operation into automatic e-cigarette and manual e-cigarette. Among these, the automatic e-cigarette segment is expected to hold a significant market share through the forecast period. Growing demand from customers for usability and convenience. Automated e-cigarettes are easier to use, especially for first-time users, than manual e-cigarettes.

• The online segment is expected to dominate the Japan e-cigarette market during the forecast period.       

Based on the distribution channel, the Japan e-cigarette market is divided into vape shops, tobacconists, hypermarkets/supermarkets, online, and others. Among these, the online segment is expected to dominate the Japan e-cigarette market during the forecast period. Customers' preference to purchase e-cigarettes through online channels is thought to be mostly due to the discounts provided by major participants in the market, such as Rakuten and Amazon Japan.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Japan e-cigarette market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Philip Morris International Inc.
• British American Tobacco p.l.c.
• Altria Group Inc.
• Japan Tobacco Inc.
• Imperial Brands PLC
• JUUL Labs Inc.
• Shenzhen iSmoka Electronics Co., Ltd
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at Japan, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Japan E-Cigarette Market based on the below-mentioned segments:

Japan E-Cigarette Market, By Mode of Operation

• Automatic E-Cigarette
• Manual E-Cigarette

Japan E-Cigarette Market, By Distribution Channel

• Vape Shops
• Tobacconists
• Hypermarkets/Supermarkets
• Online
• Others