Executive Summary

Aug 2016
TRENDS

Vapour products experienced fast growth during the five years after it was introduced in China in 2004. Attracted by the huge profits and low entry level, plenty of small manufacturers joined this vapour products industry. Due to the lack of standardisation and relevant regulation, most of the vapour products produced by the small manufacturers are fake products with low quality. This situation led to a sharp decline of vapour products sales between 2010 and 2012 and manufacturers turned their attention to the Western markets. However, vapour products recovered in 2013 and 2014, and that was mainly caused by the promotion of products from domestic and international manufacturers as well as increasing awareness of the products amongst young consumers in China.

COMPETITIVE LANDSCAPE

In 2015, the domestic brands dominated vapour products and enjoyed fast growth in China. Due to a lower entry level there is a huge amount of vapour product manufacturers in China, especially in Shenzhen, which is a city in South China. Amongst the numerous brands of vapour products, SMOK, Kongsong, Easing and Ruyan were the key leading players in 2015, according to the trade interviews. Most of these brands focused on the tank systems and distributed through online channels over the review period.

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Overview

Discover the latest market trends and sources of future market growth for the Vapour Devices industry in China.

Euromonitor International provides the most current research data available. Our teams of in-country analysts helps you understand each market, revealing hidden opportunities and competitive threats; helping you plan corporate strategy.

If you're in the Vapour Devices industry in China, our research will save you time and money while empowering you to make informed, profitable decisions.

The Vapour Devices in China market research report includes:

  • Analysis of key supply-side and demand trends
  • Detailed segmentation of international and local products
  • Historic volumes and values, company and brand market shares
  • Five year forecasts of market trends and market growth
  • Production, imports by origin, exports by destination
  • Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

  • What is the market size of Vapour Devices in China?
  • What are the major brands in China?
  • Which sector of the tobacco products market is the largest by value sales in China?
  • Which sector of the tobacco products market has been growing the fastest, by volume and value, in China?
  • Which sector is the most heavily taxed in China?
  • Which companies dominate in the total tobacco market in China in terms of market share?
  • What is the distribution channel split for the tobacco products market in China?

Why buy this report?

  • Gain competitive intelligence about market leaders
  • Track key industry trends, opportunities and threats
  • Inform your marketing, brand, strategy and market development, sales and supply functions

This industry report originates from Passport, our Tobacco market research database.

Vapour Products in China - Company Profiles