LAMEA 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 Latin America, Middle East and Africa E-liquid Market would witness market growth of 16.4% CAGR during the forecast period (2024-2031).

The Brazil market dominated the LAMEA E-liquid Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $101.7 million by 2031. The Argentina market is showcasing a CAGR of 17.9% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 15% during (2024 - 2031).

As vaping has become more socially accepted, particularly among younger generations, the adoption of this has expanded. The vaping culture, fueled by social media influencers, vaping communities, and marketing campaigns, has contributed to a surge in demand. Additionally, the rise of vaping lounges and events, along with the availability of stylish and customizable devices, has made vaping an appealing lifestyle choice for many consumers.

The uses of these liquids extend beyond simple nicotine consumption and include a variety of experiences and functional benefits that enhance the vaping journey. Vaping has become a social activity in many communities, with users sharing their favorite flavors, tricks, and experiences. These liquids play a significant role in this social aspect of vaping, as different users gravitate toward different flavors and brands.

The growth in disposable income in Nigeria and the rising retail sector in Brazil contribute to the global expansion of this market, albeit through different drivers. The positive growth in National Disposable Income in Nigeria, especially in Q3 and Q4 of 2022, suggests that Nigerian consumers are experiencing a rise in income levels, which can lead to higher discretionary spending. With the growth in retail sales, there is likely to be a rising trend in the demand for non-traditional smoking alternatives, such as vaping products. This economic stability allows consumers to explore and invest in lifestyle products, including e-liquids, thereby supporting the market's growth. Therefore, the rising disposable income in Nigeria and the expanding retail sector in Brazil are both key drivers fueling the growth of this market in their respective regions.

Free Valuable Insights: The Worldwide E-liquid Market is Projected 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

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

LAMEA 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

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA E-liquid Market, by Type
1.4.2 LAMEA E-liquid Market, by Distribution Channel
1.4.3 LAMEA E-liquid Market, by Flavor Type
1.4.4 LAMEA 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. LAMEA E-liquid Market by Type
4.1 LAMEA Bottled Market by Country
4.2 LAMEA Pre-Filled Market by Country

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

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

Chapter 7. LAMEA E-liquid Market by Country
7.1 Brazil E-liquid Market
7.1.1 Brazil E-liquid Market by Type
7.1.2 Brazil E-liquid Market by Distribution Channel
7.1.2.1 Brazil E-liquid Market by Retail Store Type
7.1.3 Brazil E-liquid Market by Flavor Type
7.2 Argentina E-liquid Market
7.2.1 Argentina E-liquid Market by Type
7.2.2 Argentina E-liquid Market by Distribution Channel
7.2.2.1 Argentina E-liquid Market by Retail Store Type
7.2.3 Argentina E-liquid Market by Flavor Type
7.3 UAE E-liquid Market
7.3.1 UAE E-liquid Market by Type
7.3.2 UAE E-liquid Market by Distribution Channel
7.3.2.1 UAE E-liquid Market by Retail Store Type
7.3.3 UAE E-liquid Market by Flavor Type
7.4 Saudi Arabia E-liquid Market
7.4.1 Saudi Arabia E-liquid Market by Type
7.4.2 Saudi Arabia E-liquid Market by Distribution Channel
7.4.2.1 Saudi Arabia E-liquid Market by Retail Store Type
7.4.3 Saudi Arabia E-liquid Market by Flavor Type
7.5 South Africa E-liquid Market
7.5.1 South Africa E-liquid Market by Type
7.5.2 South Africa E-liquid Market by Distribution Channel
7.5.2.1 South Africa E-liquid Market by Retail Store Type
7.5.3 South Africa E-liquid Market by Flavor Type
7.6 Nigeria E-liquid Market
7.6.1 Nigeria E-liquid Market by Type
7.6.2 Nigeria E-liquid Market by Distribution Channel
7.6.2.1 Nigeria E-liquid Market by Retail Store Type
7.6.3 Nigeria E-liquid Market by Flavor Type
7.7 Rest of LAMEA E-liquid Market
7.7.1 Rest of LAMEA E-liquid Market by Type
7.7.2 Rest of LAMEA E-liquid Market by Distribution Channel
7.7.2.1 Rest of LAMEA E-liquid Market by Retail Store Type
7.7.3 Rest of LAMEA 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 LAMEA E-liquid Market, 2020 - 2023, USD Million
TABLE 2 LAMEA E-liquid Market, 2024 - 2031, USD Million
TABLE 3 LAMEA E-liquid Market by Type, 2020 - 2023, USD Million
TABLE 4 LAMEA E-liquid Market by Type, 2024 - 2031, USD Million
TABLE 5 LAMEA Bottled Market by Country, 2020 - 2023, USD Million
TABLE 6 LAMEA Bottled Market by Country, 2024 - 2031, USD Million
TABLE 7 LAMEA Pre-Filled Market by Country, 2020 - 2023, USD Million
TABLE 8 LAMEA Pre-Filled Market by Country, 2024 - 2031, USD Million
TABLE 9 LAMEA E-liquid Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 10 LAMEA E-liquid Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 11 LAMEA Online Market by Country, 2020 - 2023, USD Million
TABLE 12 LAMEA Online Market by Country, 2024 - 2031, USD Million
TABLE 13 LAMEA Retail Store Market by Country, 2020 - 2023, USD Million
TABLE 14 LAMEA Retail Store Market by Country, 2024 - 2031, USD Million
TABLE 15 LAMEA E-liquid Market by Retail Store Type, 2020 - 2023, USD Million
TABLE 16 LAMEA E-liquid Market by Retail Store Type, 2024 - 2031, USD Million
TABLE 17 LAMEA Convenience Stores Market by Country, 2020 - 2023, USD Million
TABLE 18 LAMEA Convenience Stores Market by Country, 2024 - 2031, USD Million
TABLE 19 LAMEA Specialty Stores Market by Country, 2020 - 2023, USD Million
TABLE 20 LAMEA Specialty Stores Market by Country, 2024 - 2031, USD Million
TABLE 21 LAMEA Tobacconist Market by Country, 2020 - 2023, USD Million
TABLE 22 LAMEA Tobacconist Market by Country, 2024 - 2031, USD Million
TABLE 23 LAMEA Drug Stores Market by Country, 2020 - 2023, USD Million
TABLE 24 LAMEA Drug Stores Market by Country, 2024 - 2031, USD Million
TABLE 25 LAMEA News Stands Market by Country, 2020 - 2023, USD Million
TABLE 26 LAMEA News Stands Market by Country, 2024 - 2031, USD Million
TABLE 27 LAMEA E-liquid Market by Flavor Type, 2020 - 2023, USD Million
TABLE 28 LAMEA E-liquid Market by Flavor Type, 2024 - 2031, USD Million
TABLE 29 LAMEA Tobacco Market by Country, 2020 - 2023, USD Million
TABLE 30 LAMEA Tobacco Market by Country, 2024 - 2031, USD Million
TABLE 31 LAMEA Fruits & Nuts Market by Country, 2020 - 2023, USD Million
TABLE 32 LAMEA Fruits & Nuts Market by Country, 2024 - 2031, USD Million
TABLE 33 LAMEA Menthol Market by Country, 2020 - 2023, USD Million
TABLE 34 LAMEA Menthol Market by Country, 2024 - 2031, USD Million
TABLE 35 LAMEA Dessert Market by Country, 2020 - 2023, USD Million
TABLE 36 LAMEA Dessert Market by Country, 2024 - 2031, USD Million
TABLE 37 LAMEA Chocolate Market by Country, 2020 - 2023, USD Million
TABLE 38 LAMEA Chocolate Market by Country, 2024 - 2031, USD Million
TABLE 39 LAMEA Other Flavor Type Market by Country, 2020 - 2023, USD Million
TABLE 40 LAMEA Other Flavor Type Market by Country, 2024 - 2031, USD Million
TABLE 41 LAMEA E-liquid Market by Country, 2020 - 2023, USD Million
TABLE 42 LAMEA E-liquid Market by Country, 2024 - 2031, USD Million
TABLE 43 Brazil E-liquid Market, 2020 - 2023, USD Million
TABLE 44 Brazil E-liquid Market, 2024 - 2031, USD Million
TABLE 45 Brazil E-liquid Market by Type, 2020 - 2023, USD Million
TABLE 46 Brazil E-liquid Market by Type, 2024 - 2031, USD Million
TABLE 47 Brazil E-liquid Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 48 Brazil E-liquid Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 49 Brazil E-liquid Market by Retail Store Type, 2020 - 2023, USD Million
TABLE 50 Brazil E-liquid Market by Retail Store Type, 2024 - 2031, USD Million
TABLE 51 Brazil E-liquid Market by Flavor Type, 2020 - 2023, USD Million
TABLE 52 Brazil E-liquid Market by Flavor Type, 2024 - 2031, USD Million
TABLE 53 Argentina E-liquid Market, 2020 - 2023, USD Million
TABLE 54 Argentina E-liquid Market, 2024 - 2031, USD Million
TABLE 55 Argentina E-liquid Market by Type, 2020 - 2023, USD Million
TABLE 56 Argentina E-liquid Market by Type, 2024 - 2031, USD Million
TABLE 57 Argentina E-liquid Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 58 Argentina E-liquid Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 59 Argentina E-liquid Market by Retail Store Type, 2020 - 2023, USD Million
TABLE 60 Argentina E-liquid Market by Retail Store Type, 2024 - 2031, USD Million
TABLE 61 Argentina E-liquid Market by Flavor Type, 2020 - 2023, USD Million
TABLE 62 Argentina E-liquid Market by Flavor Type, 2024 - 2031, USD Million
TABLE 63 UAE E-liquid Market, 2020 - 2023, USD Million
TABLE 64 UAE E-liquid Market, 2024 - 2031, USD Million
TABLE 65 UAE E-liquid Market by Type, 2020 - 2023, USD Million
TABLE 66 UAE E-liquid Market by Type, 2024 - 2031, USD Million
TABLE 67 UAE E-liquid Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 68 UAE E-liquid Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 69 UAE E-liquid Market by Retail Store Type, 2020 - 2023, USD Million
TABLE 70 UAE E-liquid Market by Retail Store Type, 2024 - 2031, USD Million
TABLE 71 UAE E-liquid Market by Flavor Type, 2020 - 2023, USD Million
TABLE 72 UAE E-liquid Market by Flavor Type, 2024 - 2031, USD Million
TABLE 73 Saudi Arabia E-liquid Market, 2020 - 2023, USD Million
TABLE 74 Saudi Arabia E-liquid Market, 2024 - 2031, USD Million
TABLE 75 Saudi Arabia E-liquid Market by Type, 2020 - 2023, USD Million
TABLE 76 Saudi Arabia E-liquid Market by Type, 2024 - 2031, USD Million
TABLE 77 Saudi Arabia E-liquid Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 78 Saudi Arabia E-liquid Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 79 Saudi Arabia E-liquid Market by Retail Store Type, 2020 - 2023, USD Million
TABLE 80 Saudi Arabia E-liquid Market by Retail Store Type, 2024 - 2031, USD Million
TABLE 81 Saudi Arabia E-liquid Market by Flavor Type, 2020 - 2023, USD Million
TABLE 82 Saudi Arabia E-liquid Market by Flavor Type, 2024 - 2031, USD Million
TABLE 83 South Africa E-liquid Market, 2020 - 2023, USD Million
TABLE 84 South Africa E-liquid Market, 2024 - 2031, USD Million
TABLE 85 South Africa E-liquid Market by Type, 2020 - 2023, USD Million
TABLE 86 South Africa E-liquid Market by Type, 2024 - 2031, USD Million
TABLE 87 South Africa E-liquid Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 88 South Africa E-liquid Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 89 South Africa E-liquid Market by Retail Store Type, 2020 - 2023, USD Million
TABLE 90 South Africa E-liquid Market by Retail Store Type, 2024 - 2031, USD Million
TABLE 91 South Africa E-liquid Market by Flavor Type, 2020 - 2023, USD Million
TABLE 92 South Africa E-liquid Market by Flavor Type, 2024 - 2031, USD Million
TABLE 93 Nigeria E-liquid Market, 2020 - 2023, USD Million
TABLE 94 Nigeria E-liquid Market, 2024 - 2031, USD Million
TABLE 95 Nigeria E-liquid Market by Type, 2020 - 2023, USD Million
TABLE 96 Nigeria E-liquid Market by Type, 2024 - 2031, USD Million
TABLE 97 Nigeria E-liquid Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 98 Nigeria E-liquid Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 99 Nigeria E-liquid Market by Retail Store Type, 2020 - 2023, USD Million
TABLE 100 Nigeria E-liquid Market by Retail Store Type, 2024 - 2031, USD Million
TABLE 101 Nigeria E-liquid Market by Flavor Type, 2020 - 2023, USD Million
TABLE 102 Nigeria E-liquid Market by Flavor Type, 2024 - 2031, USD Million
TABLE 103 Rest of LAMEA E-liquid Market, 2020 - 2023, USD Million
TABLE 104 Rest of LAMEA E-liquid Market, 2024 - 2031, USD Million
TABLE 105 Rest of LAMEA E-liquid Market by Type, 2020 - 2023, USD Million
TABLE 106 Rest of LAMEA E-liquid Market by Type, 2024 - 2031, USD Million
TABLE 107 Rest of LAMEA E-liquid Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 108 Rest of LAMEA E-liquid Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 109 Rest of LAMEA E-liquid Market by Retail Store Type, 2020 - 2023, USD Million
TABLE 110 Rest of LAMEA E-liquid Market by Retail Store Type, 2024 - 2031, USD Million
TABLE 111 Rest of LAMEA E-liquid Market by Flavor Type, 2020 - 2023, USD Million
TABLE 112 Rest of LAMEA 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 LAMEA 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 LAMEA E-liquid Market share by Type, 2023
FIG 6 LAMEA E-liquid Market share by Type, 2031
FIG 7 LAMEA E-liquid Market by Type, 2020 - 2031, USD Million
FIG 8 LAMEA E-liquid Market share by Distribution Channel, 2023
FIG 9 LAMEA E-liquid Market share by Distribution Channel, 2031
FIG 10 LAMEA E-liquid Market by Distribution Channel, 2020 - 2031, USD Million
FIG 11 LAMEA E-liquid Market share by Flavor Type, 2023
FIG 12 LAMEA E-liquid Market share by Flavor Type, 2031
FIG 13 LAMEA E-liquid Market by Flavor Type, 2020 - 2031, USD Million
FIG 14 LAMEA E-liquid Market share by Country, 2023
FIG 15 LAMEA E-liquid Market share by Country, 2031
FIG 16 LAMEA E-liquid Market by Country, 2020 - 2031, USD Million