E-Liquid Market Report by Flavor (Menthol and Mint, Tobacco, Dessert, Fruits and Nuts, Chocolate, and Others), Base Type (PG (Propylene Glycol), VG (Vegetable Glycerin), PG and VG), Type (Pre-Filled, Bottled), Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Stores, and Others), and Region 2025-2033

E-Liquid Market Report by Flavor (Menthol and Mint, Tobacco, Dessert, Fruits and Nuts, Chocolate, and Others), Base Type (PG (Propylene Glycol), VG (Vegetable Glycerin), PG and VG), Type (Pre-Filled, Bottled), Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Stores, and Others), and Region 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A3663

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   Global E-liquid Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Flavor
    6.1    Menthol and Mint
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Tobacco
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Dessert
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Fruits and Nuts
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Chocolate
        6.5.1 Market Trends
        6.5.2 Market Forecast
    6.6    Others
        6.6.1 Market Trends
        6.6.2 Market Forecast
7   Market Breakup by Base Type
    7.1    PG (Propylene Glycol)
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    VG (Vegetable Glycerin)
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    PG and VG
        7.3.1 Market Trends
        7.3.2 Market Forecast
8   Market Breakup by Type
    8.1    Pre-Filled
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Bottled
        8.2.1 Market Trends
        8.2.2 Market Forecast
9   Market Breakup by Distribution Channel
    9.1    Supermarkets and Hypermarkets
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Specialty Stores
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Online Stores
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Others
        9.4.1 Market Trends
        9.4.2 Market Forecast
10  Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia-Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 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  Price Analysis
15  Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    Black Note Inc.
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
        15.3.2    Breazy Inc.
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
        15.3.3    Crystal Canyon Vapes LLC
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio
        15.3.4    e-Liquid Factory
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
        15.3.5    Mig Vapor LLC
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio
        15.3.6    Molecule Labs Inc.
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
        15.3.7    Mt Baker Vapor LLC
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
        15.3.8    Nicopure Labs LLC
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
        15.3.9    Philip Morris International Inc.
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio
           15.3.9.3 Financials
           15.3.9.4 SWOT Analysis
        15.3.10    Turning Point Brands Inc.
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio
           15.3.10.3 Financials
        15.3.11    ZampleBox LLC
           15.3.11.1 Company Overview
           15.3.11.2 Product Portfolio

List of Figures

Figure 1: Global: E-liquid Market: Major Drivers and Challenges
Figure 2: Global: E-liquid Market: Sales Value (in Billion USD), 2019-2024
Figure 3: Global: E-liquid Market Forecast: Sales Value (in Billion USD), 2025-2033
Figure 4: Global: E-liquid Market: Breakup by Flavor (in %), 2024
Figure 5: Global: E-liquid Market: Breakup by Base Type (in %), 2024
Figure 6: Global: E-liquid Market: Breakup by Type (in %), 2024
Figure 7: Global: E-liquid Market: Breakup by Distribution Channel (in %), 2024
Figure 8: Global: E-liquid Market: Breakup by Region (in %), 2024
Figure 9: Global: E-liquid (Menthol and Mint) Market: Sales Value (in Million USD), 2019 & 2024
Figure 10: Global: E-liquid (Menthol and Mint) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 11: Global: E-liquid (Tobacco) Market: Sales Value (in Million USD), 2019 & 2024
Figure 12: Global: E-liquid (Tobacco) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 13: Global: E-liquid (Dessert) Market: Sales Value (in Million USD), 2019 & 2024
Figure 14: Global: E-liquid (Dessert) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 15: Global: E-liquid (Fruits and Nuts) Market: Sales Value (in Million USD), 2019 & 2024
Figure 16: Global: E-liquid (Fruits and Nuts) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 17: Global: E-liquid (Chocolate) Market: Sales Value (in Million USD), 2019 & 2024
Figure 18: Global: E-liquid (Chocolate) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 19: Global: E-liquid (Other Flavors) Market: Sales Value (in Million USD), 2019 & 2024
Figure 20: Global: E-liquid (Other Flavors) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 21: Global: E-liquid (PG- Propylene Glycol) Market: Sales Value (in Million USD), 2019 & 2024
Figure 22: Global: E-liquid (PG- Propylene Glycol) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 23: Global: E-liquid (VG- Vegetable Glycerin) Market: Sales Value (in Million USD), 2019 & 2024
Figure 24: Global: E-liquid (VG- Vegetable Glycerin) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 25: Global: E-liquid (PG and VG) Market: Sales Value (in Million USD), 2019 & 2024
Figure 26: Global: E-liquid (PG and VG) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 27: Global: E-liquid (Pre-Filled) Market: Sales Value (in Million USD), 2019 & 2024
Figure 28: Global: E-liquid (Pre-Filled) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 29: Global: E-liquid (Bottled) Market: Sales Value (in Million USD), 2019 & 2024
Figure 30: Global: E-liquid (Bottled) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 31: Global: E-liquid (Supermarkets and Hypermarkets) Market: Sales Value (in Million USD), 2019 & 2024
Figure 32: Global: E-liquid (Supermarkets and Hypermarkets) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 33: Global: E-liquid (Specialty Stores) Market: Sales Value (in Million USD), 2019 & 2024
Figure 34: Global: E-liquid (Specialty Stores) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 35: Global: E-liquid (Online Stores) Market: Sales Value (in Million USD), 2019 & 2024
Figure 36: Global: E-liquid (Online Stores) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 37: Global: E-liquid (Other Distribution Channels) Market: Sales Value (in Million USD), 2019 & 2024
Figure 38: Global: E-liquid (Other Distribution Channels) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 39: North America: E-liquid Market: Sales Value (in Million USD), 2019 & 2024
Figure 40: North America: E-liquid Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 41: United States: E-liquid Market: Sales Value (in Million USD), 2019 & 2024
Figure 42: United States: E-liquid Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 43: Canada: E-liquid Market: Sales Value (in Million USD), 2019 & 2024
Figure 44: Canada: E-liquid Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 45: Asia-Pacific: E-liquid Market: Sales Value (in Million USD), 2019 & 2024
Figure 46: Asia-Pacific: E-liquid Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 47: China: E-liquid Market: Sales Value (in Million USD), 2019 & 2024
Figure 48: China: E-liquid Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 49: Japan: E-liquid Market: Sales Value (in Million USD), 2019 & 2024
Figure 50: Japan: E-liquid Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 51: India: E-liquid Market: Sales Value (in Million USD), 2019 & 2024
Figure 52: India: E-liquid Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 53: South Korea: E-liquid Market: Sales Value (in Million USD), 2019 & 2024
Figure 54: South Korea: E-liquid Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 55: Australia: E-liquid Market: Sales Value (in Million USD), 2019 & 2024
Figure 56: Australia: E-liquid Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 57: Indonesia: E-liquid Market: Sales Value (in Million USD), 2019 & 2024
Figure 58: Indonesia: E-liquid Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 59: Others: E-liquid Market: Sales Value (in Million USD), 2019 & 2024
Figure 60: Others: E-liquid Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 61: Europe: E-liquid Market: Sales Value (in Million USD), 2019 & 2024
Figure 62: Europe: E-liquid Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 63: Germany: E-liquid Market: Sales Value (in Million USD), 2019 & 2024
Figure 64: Germany: E-liquid Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 65: France: E-liquid Market: Sales Value (in Million USD), 2019 & 2024
Figure 66: France: E-liquid Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 67: United Kingdom: E-liquid Market: Sales Value (in Million USD), 2019 & 2024
Figure 68: United Kingdom: E-liquid Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 69: Italy: E-liquid Market: Sales Value (in Million USD), 2019 & 2024
Figure 70: Italy: E-liquid Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 71: Spain: E-liquid Market: Sales Value (in Million USD), 2019 & 2024
Figure 72: Spain: E-liquid Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 73: Russia: E-liquid Market: Sales Value (in Million USD), 2019 & 2024
Figure 74: Russia: E-liquid Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 75: Others: E-liquid Market: Sales Value (in Million USD), 2019 & 2024
Figure 76: Others: E-liquid Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 77: Latin America: E-liquid Market: Sales Value (in Million USD), 2019 & 2024
Figure 78: Latin America: E-liquid Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 79: Brazil: E-liquid Market: Sales Value (in Million USD), 2019 & 2024
Figure 80: Brazil: E-liquid Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 81: Mexico: E-liquid Market: Sales Value (in Million USD), 2019 & 2024
Figure 82: Mexico: E-liquid Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 83: Others: E-liquid Market: Sales Value (in Million USD), 2019 & 2024
Figure 84: Others: E-liquid Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 85: Middle East and Africa: E-liquid Market: Sales Value (in Million USD), 2019 & 2024
Figure 86: Middle East and Africa: E-liquid Market: Breakup by Country (in %), 2024
Figure 87: Middle East and Africa: E-liquid Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 88: Global: E-liquid Industry: SWOT Analysis
Figure 89: Global: E-liquid Industry: Value Chain Analysis
Figure 90: Global: E-liquid Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: E-liquid Market: Key Industry Highlights, 2024 and 2033
Table 2: Global: E-liquid Market Forecast: Breakup by Flavor (in Million USD), 2025-2033
Table 3: Global: E-liquid Market Forecast: Breakup by Base Type (in Million USD), 2025-2033
Table 4: Global: E-liquid Market Forecast: Breakup by Type (in Million USD), 2025-2033
Table 5: Global: E-liquid Market Forecast: Breakup by Distribution Channel (in Million USD), 2025-2033
Table 6: Global: E-liquid Market Forecast: Breakup by Region (in Million USD), 2025-2033
Table 7: Global: E-liquid Market: Competitive Structure
Table 8: Global: E-liquid Market: Key Players

E-Liquid Market Report by Flavor (Menthol and Mint, Tobacco, Dessert, Fruits and Nuts, Chocolate, and Others), Base Type (PG (Propylene Glycol), VG (Vegetable Glycerin), PG and VG), Type (Pre-Filled, Bottled), Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Stores, and Others), and Region 2025-2033
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