E-liquid Labels Packaging Market - Snapshot
Growing awareness regarding the side effects of the use of conventional cigarettes is pushing the smokers from all across the globe toward the adoption of e-cigarettes. As a result, there is considerable growth in the number of e-liquid manufacturers. This scenario has fueled the demand for e-liquid labels in the industry. E-liquid labels find application in the electronic cigarette packaging and the personal vaporizer packaging. Major players in the e-liquid labels packaging market offer customized products as per the requirement of their clients.
Over the period of past few years, there is noteworthy increase in the adoption of liquid use over traditional smoking practices. This shift is attributed to increased awareness regarding the disadvantages of traditional smoking activities. One of the important disadvantages includes the presence of many cancer-causing ingredients and other injurious substances in the regular cigarettes. On the flip side, e-liquid bottles comprise nebulizer, which finds application in conversion of nicotine solution into water vapors, which are safe as compared to the conventional smoking. This factor is responsible for boosting demand for liquid labels. This scenario, in turn, is resulting into promising opportunities for players operating in the global e-liquid labels packaging market.
Global E-liquid Labels packaging market: Introduction
With the rise in demand of e-cigs, there is the rise in need of E-liquid labels. These labels are used in the packaging of electronic cigarette or the personal vaporizer which substitute the traditional tobacco smoke. There are several advantages of using liquid rather than traditional smoking. The first point of the difference is that traditional smoking consists of several cancer-causing elements and other harmful substance which are injurious to health. On the other hand, E-liquid bottles contain nebulizer which is mainly used to convert nicotine solution into water vapours which are considered to be safe in comparison to the traditional smoking, due to which there is the rise in demand of the liquid labels. Overall, with the increasing awareness, the advantages of e-liquid smoking over the tobacco smoking has led to a significant growth of the E-liquid labels market during the forecast period. Due to the high demand for the E-liquid labels, manufactures are likely to focus on the investment of e-liquid labels market.
Global E-liquid Labels Packaging Market: Dynamics
The global packaging industry has undergone significant changes in the last couple of decades, creating an absolute need for customization and consumer-friendly packaging solutions. There are various factors which facilitate the demand for e-liquid labels. For instance, the increasing desire to try new things among youth is driving the switch from traditional tobacco smoking to e-smoking. Despite, the positive outlook there are certain factors which might prove to be restraints to the growth of the global e-liquid labels market. The major factor that is driving the growth of the e-liquid labels market is its cost. E-liquid is very cheap compared to tobacco smoking, which is the main reason consumers like to prefer E-liquid which is fuelling the demand of the e-labels market. Despite of all these factors, there are certain factors which might affect the growth of the global e-liquid labels market. E-liquid contains nicotine solution as tobacco, which can cause DNA damage to the lungs and it can also increase nicotine solution in young people which has the negative impact on our youth. With the increase in government programs of "no smoking" there is the decline in the sale of the E-liquid labels market. However, the fatal impact due to certain factors mentioned above will hinder the growth of the global e-liquid labels market.
Global E-liquid Labels packaging market: Segmentation
The global E-liquid Labels packaging market has been segmented as follows –
By capacity, the global E-liquid Labels packaging market has been segmented as:
- 5 ml – 10ml
- 10 ml – 15 ml
- > 15 ml
On the basis of material, the global E-liquid Labels packaging market has been segmented as:
Global E-liquid Labels packaging market: Geographical Outlook
The global E-liquid Labels packaging market has been divided into seven regions as follows –
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific Excluding Japan (APEJ)
- Middle East & Africa (MEA)
The Western Europe is dominating the global e-liquid labels market and contributing the major share of global e-liquid labels market. This is primarily due to the large market of e-liquid in Western European region. North America and Eastern Europe regions are the fastest growing e-liquid labels market due to the high adoption rate of the e-cigarette. APEJ and Japan are expected to register a moderate growth of the global e-liquid labels market. The APEJ region is likely to witness growth in demand for e-liquid labels as there has been a spike in demand for e-liquid in ASEAN countries.
Global E-liquid Labels packaging market: Key Players
Some of the players operating in the global e-liquid Labels packaging market are – Consolidated Label, White Label Liquid, LLC, Labels Lab and Impressive Labels, etc.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.