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24, 2017 (GLOBE NEWSWIRE) -- Research and Markets has announced the addition of the "Europe E-cigarette and Vaporizer Device & Aftermarket - Vape Shop Analysis and Forecast, 2016-2022" report to their offering. The revenue generation through vape shops in the Europe E-cigarette market accounted for approximately $1.33 billion in 2016 which is expected to grow at a double digit CAGR through 2016 to 2022. The aftermarket with E-liquids being the dominant contributor will be leading the market in terms of revenue generation through the forecast period. The increasing demand of personal vaporizers will be contributing significantly to the growth of bottled e-liquid throughout the forecast period. Vape Shops have emerged as an exponentially growing revenue generating distribution channel as e-cigarette market surfaces out of the hype cycle. The consistent vapers rely on vape shops for a wide variety of safe and approved products. However, stringent regulations continue to challenge the vape shop owners in several countries of Europe such as Spain. The report titled the Europe E-cigarette and Vaporizer Device & Aftermarket - Vape Shop Analysis and Forecast, 2016-2022 includes a thorough analysis of the push and pull forces influencing the widespread adoption of e-cigarettes and e-liquids. Moreover, special emphasis has been laid on the vape shops layout and revenue generation from various products. Furthermore, considering the dependency of the market growth on the legal and regulatory framework and government initiatives, the report at each step has considered the effect of these factors Further, the market has been meticulously tracked for the key countries, namely UK, France, Germany, Italy and Russia. A mix of over 50 companies chosen on the basis of their research and development, product launches, mergers and acquisitions, revenue generation and market share have been considered in the report.
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