E-Cigarettes - Madagascar
Madagascar- In 2024, the E-Cigarettes market in Madagascar is projected to generate a revenue of US$2.3m.
- It is estimated that the market will experience an annual growth rate of 4.16% (CAGR 2024-2029).
- When compared to other countries worldwide, United States is the top revenue generator in this segment, with a projected revenue of US$9bn in 2024.
- Taking into account the total population, the per person revenue for Madagascar in 2024 is approximately US$0.10.
- Despite the popularity of e-cigarettes in many countries, the market for e-cigarettes in Madagascar remains relatively underdeveloped.
- Key regions:
- Worldwide,
- Germany,
- Russia,
- China,
- Indonesia
Definition:
E-cigarettes or Electronic Nicotine Delivery Systems (ENDS) are devices that heat a liquid containing nicotine to create an aerosol which can be inhaled by the user. These products vary largely in size, function, and price, from low-cost disposable cig-a-like e-cigarettes to relatively expensive refillable tank devices. Introduced as an alternative tobacco product, e-cigarettes are mostly consumed in North America and Europe, whereas they are banned or strictly regulated in many countries in Central and South America as well as in Asia.
Both devices and their contents (e.g., e-liquids, vaping pods, nicotine salt) are included in the analyses. Unlike combustible tobacco products, the tobacco contents and the prices of different kinds of e-cigarette products are not directly comparable, therefore, the volume and price data are not displayed.
Due to a ban either on the entire segment or on nicotine-containing products, the following countries are excluded: Argentina, Australia, Bahrain, Bhutan, Brazil, Brunei Darussalam, Cambodia, Colombia, Gambia, India, Iran, Japan, Jordan, Kuwait, Lebanon, Malaysia, Mauritius, Mexico, Nepal, Nicaragua, Norway, Oman, Panama, Qatar, Saudi Arabia, Seychelles, Singapore, Sri Lanka, Suriname, Tajikistan, Thailand, Timor-Leste, Turkey, Turkmenistan, Uganda, Taiwan, Hong Kong and Uruguay.
Additional information:
The market comprises revenue, average revenue per capita, and sales channels.
For more information on the displayed data, please use the info button right next to the boxes.
In-Scope
- Disposable e-cigarettes such as Elf Bar BC5000, ZOVOO DRAGBAR B5000, etc
- Rechargeable vaping devices (e.g., vape pens, pod vapes, vape mods) such as JUUL vape pens and pods, myblu vape mods, etc
- E-liquids, vaping pods, and nicotine salt such as JUUL vaping pods
Out-Of-Scope
- Untaxed e-cigarette devices and contents which are sold illegaly
- CBD liquids such as Strawberry CBD liquids, Cherry CBD liquids, etc
- Heat-not-burn products such as IQOS and smokeless tobacco (snuff and chewing tobacco) such as Oliver Twist Arctic Chewing Tobacco, Oden’s Original Portion CB – Single Tin, etc
- Decorative accessories for e-cigarettes such as cases
- Combustible tobacco products (cigarettes, cigars, and smoking tobacco)
