Asia Pacific E-liquid Market Size, Share & Trends Analysis Report By Type (Bottled and Pre-Filled), By Distribution Channel, By Flavor Type, By Country and Growth Forecast, 2024 - 2031

The Asia Pacific E-liquid Market would witness market growth of 14.3% CAGR during the forecast period (2024-2031).

The China market dominated the Asia Pacific E-liquid Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $407.6 million by 2031. The Japan market is registering a CAGR of 13.6% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 15.1% during (2024 - 2031).

The adoption of this has been one of the key drivers of the expansion of the vaping industry, and it is influenced by various factors such as health consciousness, lifestyle choices, and technological advancements. One of the primary reasons for the increased adoption of this is the perception that vaping is less harmful than smoking traditional cigarettes.

The regulatory environment plays a crucial role in adopting these liquids, as governments impose various restrictions and regulations to ensure consumer safety and prevent underage access. In some regions, such as the European Union, these liquids are subject to stringent regulations regarding ingredients, labelling, and advertising.

This market in the Asia Pacific region is experiencing swift growth due to several key factors, with distinct influences seen across various countries. Australia has been one of the leaders in the regulatory push toward e-cigarettes as a harm-reduction tool. While strict laws initially limited the sale of nicotine-based e-liquids, recent shifts in government policy have opened up the market. These changes are creating opportunities for legal e-liquid products, with increased demand as they become more accessible. As vaping becomes more visible through social media and local influencers, consumer interest in this has risen. In addition, while New Zealand is geographically part of the Asia Pacific region, it is one of the leading nations where the government has taken steps to make vaping a legal and regulated alternative to smoking. Policies that regulate nicotine strengths and flavor offerings have created a structured market for e-liquids, contributing to its growth. In conclusion, the above factors are driving the growth of the market.

Free Valuable Insights: The Global E-liquid Market is Predict to reach USD 5.3 Billion by 2031, at a CAGR of 13.7%

Based on Type, the market is segmented into Bottled and Pre-Filled. Based on Distribution Channel, the market is segmented into Online and Retail Store (Convenience Stores, Specialty Stores, Tobacconist, Drug Stores, and News Stands). Based on Flavor Type, the market is segmented into Tobacco, Fruits & Nuts, Menthol, Dessert, Chocolate, and Other Flavor Type. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

List of Key Companies Profiled

• Black Note, Inc.
• Breazy, Inc.
• Vaporesso
• Air Factory E-liquids LLC
• Nicopure Labs LLC
• Juul Labs, Inc.
• FlavourArt S.r.l.
• KangerTech-Shenzhen Kanger Technology Co., Ltd

Asia Pacific E-liquid Market Report Segmentation

By Type

• Bottled
• Pre-Filled

By Distribution Channel

• Online
• Retail Store
  • Convenience Stores
  • Specialty Stores
  • Tobacconist
  • Drug Stores
  • News Stands

By Flavor Type

• Tobacco
• Fruits & Nuts
• Menthol
• Dessert
• Chocolate
• Other Flavor Type

By Country

• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific E-liquid Market, by Type
1.4.2 Asia Pacific E-liquid Market, by Distribution Channel
1.4.3 Asia Pacific E-liquid Market, by Flavor Type
1.4.4 Asia Pacific E-liquid Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis

Chapter 4. Asia Pacific E-liquid Market by Type
4.1 Asia Pacific Bottled Market by Country
4.2 Asia Pacific Pre-Filled Market by Country

Chapter 5. Asia Pacific E-liquid Market by Distribution Channel
5.1 Asia Pacific Online Market by Country
5.2 Asia Pacific Retail Store Market by Country
5.3 Asia Pacific E-liquid Market by Retail Store Type
5.3.1 Asia Pacific Convenience Stores Market by Country
5.3.2 Asia Pacific Specialty Stores Market by Country
5.3.3 Asia Pacific Tobacconist Market by Country
5.3.4 Asia Pacific Drug Stores Market by Country
5.3.5 Asia Pacific News Stands Market by Country

Chapter 6. Asia Pacific E-liquid Market by Flavor Type
6.1 Asia Pacific Tobacco Market by Country
6.2 Asia Pacific Fruits & Nuts Market by Country
6.3 Asia Pacific Menthol Market by Country
6.4 Asia Pacific Dessert Market by Country
6.5 Asia Pacific Chocolate Market by Country
6.6 Asia Pacific Other Flavor Type Market by Country

Chapter 7. Asia Pacific E-liquid Market by Country
7.1 China E-liquid Market
7.1.1 China E-liquid Market by Type
7.1.2 China E-liquid Market by Distribution Channel
7.1.2.1 China E-liquid Market by Retail Store Type
7.1.3 China E-liquid Market by Flavor Type
7.2 Japan E-liquid Market
7.2.1 Japan E-liquid Market by Type
7.2.2 Japan E-liquid Market by Distribution Channel
7.2.2.1 Japan E-liquid Market by Retail Store Type
7.2.3 Japan E-liquid Market by Flavor Type
7.3 India E-liquid Market
7.3.1 India E-liquid Market by Type
7.3.2 India E-liquid Market by Distribution Channel
7.3.2.1 India E-liquid Market by Retail Store Type
7.3.3 India E-liquid Market by Flavor Type
7.4 South Korea E-liquid Market
7.4.1 South Korea E-liquid Market by Type
7.4.2 South Korea E-liquid Market by Distribution Channel
7.4.2.1 South Korea E-liquid Market by Retail Store Type
7.4.3 South Korea E-liquid Market by Flavor Type
7.5 Singapore E-liquid Market
7.5.1 Singapore E-liquid Market by Type
7.5.2 Singapore E-liquid Market by Distribution Channel
7.5.2.1 Singapore E-liquid Market by Retail Store Type
7.5.3 Singapore E-liquid Market by Flavor Type
7.6 Malaysia E-liquid Market
7.6.1 Malaysia E-liquid Market by Type
7.6.2 Malaysia E-liquid Market by Distribution Channel
7.6.2.1 Malaysia E-liquid Market by Retail Store Type
7.6.3 Malaysia E-liquid Market by Flavor Type
7.7 Rest of Asia Pacific E-liquid Market
7.7.1 Rest of Asia Pacific E-liquid Market by Type
7.7.2 Rest of Asia Pacific E-liquid Market by Distribution Channel
7.7.2.1 Rest of Asia Pacific E-liquid Market by Retail Store Type
7.7.3 Rest of Asia Pacific E-liquid Market by Flavor Type

Chapter 8. Company Profiles
8.1 Black Note, Inc.
8.1.1 Company Overview
8.2 Breazy, Inc.
8.2.1 Company Overview
8.3 Vaporesso
8.3.1 Company Overview
8.4 Air Factory E-liquids LLC
8.4.1 Company Overview
8.5 Shenzhen Kanger Technology Co., Ltd.
8.5.1 Company Overview
8.6 Juul Labs, Inc.
8.6.1 Company Overview
8.7 Nicopure Labs LLC (Halo Cigs)
8.7.1 Company Overview
8.8 FlavourArt S.r.l.
8.8.1 Company Overview

TABLE 1 Asia Pacific E-liquid Market, 2020 - 2023, USD Million
TABLE 2 Asia Pacific E-liquid Market, 2024 - 2031, USD Million
TABLE 3 Asia Pacific E-liquid Market by Type, 2020 - 2023, USD Million
TABLE 4 Asia Pacific E-liquid Market by Type, 2024 - 2031, USD Million
TABLE 5 Asia Pacific Bottled Market by Country, 2020 - 2023, USD Million
TABLE 6 Asia Pacific Bottled Market by Country, 2024 - 2031, USD Million
TABLE 7 Asia Pacific Pre-Filled Market by Country, 2020 - 2023, USD Million
TABLE 8 Asia Pacific Pre-Filled Market by Country, 2024 - 2031, USD Million
TABLE 9 Asia Pacific E-liquid Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 10 Asia Pacific E-liquid Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 11 Asia Pacific Online Market by Country, 2020 - 2023, USD Million
TABLE 12 Asia Pacific Online Market by Country, 2024 - 2031, USD Million
TABLE 13 Asia Pacific Retail Store Market by Country, 2020 - 2023, USD Million
TABLE 14 Asia Pacific Retail Store Market by Country, 2024 - 2031, USD Million
TABLE 15 Asia Pacific E-liquid Market by Retail Store Type, 2020 - 2023, USD Million
TABLE 16 Asia Pacific E-liquid Market by Retail Store Type, 2024 - 2031, USD Million
TABLE 17 Asia Pacific Convenience Stores Market by Country, 2020 - 2023, USD Million
TABLE 18 Asia Pacific Convenience Stores Market by Country, 2024 - 2031, USD Million
TABLE 19 Asia Pacific Specialty Stores Market by Country, 2020 - 2023, USD Million
TABLE 20 Asia Pacific Specialty Stores Market by Country, 2024 - 2031, USD Million
TABLE 21 Asia Pacific Tobacconist Market by Country, 2020 - 2023, USD Million
TABLE 22 Asia Pacific Tobacconist Market by Country, 2024 - 2031, USD Million
TABLE 23 Asia Pacific Drug Stores Market by Country, 2020 - 2023, USD Million
TABLE 24 Asia Pacific Drug Stores Market by Country, 2024 - 2031, USD Million
TABLE 25 Asia Pacific News Stands Market by Country, 2020 - 2023, USD Million
TABLE 26 Asia Pacific News Stands Market by Country, 2024 - 2031, USD Million
TABLE 27 Asia Pacific E-liquid Market by Flavor Type, 2020 - 2023, USD Million
TABLE 28 Asia Pacific E-liquid Market by Flavor Type, 2024 - 2031, USD Million
TABLE 29 Asia Pacific Tobacco Market by Country, 2020 - 2023, USD Million
TABLE 30 Asia Pacific Tobacco Market by Country, 2024 - 2031, USD Million
TABLE 31 Asia Pacific Fruits & Nuts Market by Country, 2020 - 2023, USD Million
TABLE 32 Asia Pacific Fruits & Nuts Market by Country, 2024 - 2031, USD Million
TABLE 33 Asia Pacific Menthol Market by Country, 2020 - 2023, USD Million
TABLE 34 Asia Pacific Menthol Market by Country, 2024 - 2031, USD Million
TABLE 35 Asia Pacific Dessert Market by Country, 2020 - 2023, USD Million
TABLE 36 Asia Pacific Dessert Market by Country, 2024 - 2031, USD Million
TABLE 37 Asia Pacific Chocolate Market by Country, 2020 - 2023, USD Million
TABLE 38 Asia Pacific Chocolate Market by Country, 2024 - 2031, USD Million
TABLE 39 Asia Pacific Other Flavor Type Market by Country, 2020 - 2023, USD Million
TABLE 40 Asia Pacific Other Flavor Type Market by Country, 2024 - 2031, USD Million
TABLE 41 Asia Pacific E-liquid Market by Country, 2020 - 2023, USD Million
TABLE 42 Asia Pacific E-liquid Market by Country, 2024 - 2031, USD Million
TABLE 43 China E-liquid Market, 2020 - 2023, USD Million
TABLE 44 China E-liquid Market, 2024 - 2031, USD Million
TABLE 45 China E-liquid Market by Type, 2020 - 2023, USD Million
TABLE 46 China E-liquid Market by Type, 2024 - 2031, USD Million
TABLE 47 China E-liquid Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 48 China E-liquid Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 49 China E-liquid Market by Retail Store Type, 2020 - 2023, USD Million
TABLE 50 China E-liquid Market by Retail Store Type, 2024 - 2031, USD Million
TABLE 51 China E-liquid Market by Flavor Type, 2020 - 2023, USD Million
TABLE 52 China E-liquid Market by Flavor Type, 2024 - 2031, USD Million
TABLE 53 Japan E-liquid Market, 2020 - 2023, USD Million
TABLE 54 Japan E-liquid Market, 2024 - 2031, USD Million
TABLE 55 Japan E-liquid Market by Type, 2020 - 2023, USD Million
TABLE 56 Japan E-liquid Market by Type, 2024 - 2031, USD Million
TABLE 57 Japan E-liquid Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 58 Japan E-liquid Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 59 Japan E-liquid Market by Retail Store Type, 2020 - 2023, USD Million
TABLE 60 Japan E-liquid Market by Retail Store Type, 2024 - 2031, USD Million
TABLE 61 Japan E-liquid Market by Flavor Type, 2020 - 2023, USD Million
TABLE 62 Japan E-liquid Market by Flavor Type, 2024 - 2031, USD Million
TABLE 63 India E-liquid Market, 2020 - 2023, USD Million
TABLE 64 India E-liquid Market, 2024 - 2031, USD Million
TABLE 65 India E-liquid Market by Type, 2020 - 2023, USD Million
TABLE 66 India E-liquid Market by Type, 2024 - 2031, USD Million
TABLE 67 India E-liquid Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 68 India E-liquid Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 69 India E-liquid Market by Retail Store Type, 2020 - 2023, USD Million
TABLE 70 India E-liquid Market by Retail Store Type, 2024 - 2031, USD Million
TABLE 71 India E-liquid Market by Flavor Type, 2020 - 2023, USD Million
TABLE 72 India E-liquid Market by Flavor Type, 2024 - 2031, USD Million
TABLE 73 South Korea E-liquid Market, 2020 - 2023, USD Million
TABLE 74 South Korea E-liquid Market, 2024 - 2031, USD Million
TABLE 75 South Korea E-liquid Market by Type, 2020 - 2023, USD Million
TABLE 76 South Korea E-liquid Market by Type, 2024 - 2031, USD Million
TABLE 77 South Korea E-liquid Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 78 South Korea E-liquid Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 79 South Korea E-liquid Market by Retail Store Type, 2020 - 2023, USD Million
TABLE 80 South Korea E-liquid Market by Retail Store Type, 2024 - 2031, USD Million
TABLE 81 South Korea E-liquid Market by Flavor Type, 2020 - 2023, USD Million
TABLE 82 South Korea E-liquid Market by Flavor Type, 2024 - 2031, USD Million
TABLE 83 Singapore E-liquid Market, 2020 - 2023, USD Million
TABLE 84 Singapore E-liquid Market, 2024 - 2031, USD Million
TABLE 85 Singapore E-liquid Market by Type, 2020 - 2023, USD Million
TABLE 86 Singapore E-liquid Market by Type, 2024 - 2031, USD Million
TABLE 87 Singapore E-liquid Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 88 Singapore E-liquid Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 89 Singapore E-liquid Market by Retail Store Type, 2020 - 2023, USD Million
TABLE 90 Singapore E-liquid Market by Retail Store Type, 2024 - 2031, USD Million
TABLE 91 Singapore E-liquid Market by Flavor Type, 2020 - 2023, USD Million
TABLE 92 Singapore E-liquid Market by Flavor Type, 2024 - 2031, USD Million
TABLE 93 Malaysia E-liquid Market, 2020 - 2023, USD Million
TABLE 94 Malaysia E-liquid Market, 2024 - 2031, USD Million
TABLE 95 Malaysia E-liquid Market by Type, 2020 - 2023, USD Million
TABLE 96 Malaysia E-liquid Market by Type, 2024 - 2031, USD Million
TABLE 97 Malaysia E-liquid Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 98 Malaysia E-liquid Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 99 Malaysia E-liquid Market by Retail Store Type, 2020 - 2023, USD Million
TABLE 100 Malaysia E-liquid Market by Retail Store Type, 2024 - 2031, USD Million
TABLE 101 Malaysia E-liquid Market by Flavor Type, 2020 - 2023, USD Million
TABLE 102 Malaysia E-liquid Market by Flavor Type, 2024 - 2031, USD Million
TABLE 103 Rest of Asia Pacific E-liquid Market, 2020 - 2023, USD Million
TABLE 104 Rest of Asia Pacific E-liquid Market, 2024 - 2031, USD Million
TABLE 105 Rest of Asia Pacific E-liquid Market by Type, 2020 - 2023, USD Million
TABLE 106 Rest of Asia Pacific E-liquid Market by Type, 2024 - 2031, USD Million
TABLE 107 Rest of Asia Pacific E-liquid Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 108 Rest of Asia Pacific E-liquid Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 109 Rest of Asia Pacific E-liquid Market by Retail Store Type, 2020 - 2023, USD Million
TABLE 110 Rest of Asia Pacific E-liquid Market by Retail Store Type, 2024 - 2031, USD Million
TABLE 111 Rest of Asia Pacific E-liquid Market by Flavor Type, 2020 - 2023, USD Million
TABLE 112 Rest of Asia Pacific E-liquid Market by Flavor Type, 2024 - 2031, USD Million
TABLE 113 Key Information – Black Note, Inc.
TABLE 114 Key Information – Breazy, Inc.
TABLE 115 Key Information – Vaporesso
TABLE 116 Key Information – Air Factory E-liquids LLC
TABLE 117 Key Information – Shenzhen Kanger Technology Co., Ltd.
TABLE 118 Key Information – Juul Labs, Inc.
TABLE 119 Key Information – Nicopure Labs LLC
TABLE 120 Key Information – FlavourArt S.r.l.

List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific E-liquid Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting E-liquid Market
FIG 4 Porter’s Five Forces Analysis – E-Liquid Market
FIG 5 Asia Pacific E-liquid Market share by Type, 2023
FIG 6 Asia Pacific E-liquid Market share by Type, 2031
FIG 7 Asia Pacific E-liquid Market by Type, 2020 - 2031, USD Million
FIG 8 Asia Pacific E-liquid Market share by Distribution Channel, 2023
FIG 9 Asia Pacific E-liquid Market share by Distribution Channel, 2031
FIG 10 Asia Pacific E-liquid Market by Distribution Channel, 2020 - 2031, USD Million
FIG 11 Asia Pacific E-liquid Market share by Flavor Type, 2023
FIG 12 Asia Pacific E-liquid Market share by Flavor Type, 2031
FIG 13 Asia Pacific E-liquid Market by Flavor Type, 2020 - 2031, USD Million
FIG 14 Asia Pacific E-liquid Market share by Country, 2023
FIG 15 Asia Pacific E-liquid Market share by Country, 2031
FIG 16 Asia Pacific E-liquid Market by Country, 2020 - 2031, USD Million