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.
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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:
- 5ml
- 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:
- Paper
- Plastic
- Others
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)
- Japan
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.
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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.
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