The China e-cigarette and vape market has been growing rapidly. According to a recent report, the China e-cigarette and vape market size was estimated at USD 2.27 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 34.2 % from 2024 to 2030. While this covers devices broadly (not just flavors), it indicates a major opportunity for flavor manufacturers. 亚太地区其他以口味为中心的区域数据表明,在从卷烟过渡的成年使用者中,烟草口味仍然很受欢迎。 In China, manufacturing is dominant (China produces ~95 % of vaping products used globally) and export quotas/regulations heavily influence flavor availability domestically and for export.
1.2、欧洲市场概况
In the Europe region, the e-cigarette market size reached USD 19.7 billion in 2024 and is projected to reach USD 83.4 billion by 2033 (CAGR ~17.4 %) in the broader e-cigarette category. 口味细分数据显示,在整个欧洲,水果、薄荷醇/薄荷和甜点口味很重要,专家消息人士指出,在欧洲和美国,水果口味在年轻且寻求口味的电子烟玩家中占主导地位。 此外,荷兰的研究发现,在不同的使用者群体中,吸烟者往往更喜欢烟草口味,而从不使用者则对薄荷醇/薄荷和甜味/水果口味表现出兴趣。
Greater interest in natural/clean label ingredients, premiumisation (e.g., flavour concentrate quality). In one report over 40% of adult vapers in developed markets preferred “natural e-liquids”.
欧洲: Tobacco flavours are still important, especially for users transitioning from smoking, but relative share is declining in flavour-seeking segments. The global market segmentation data show tobacco flavours accounted for ~30 % of revenue in 2024 globally. 影响:对于香料公司来说,在中国保持强大的烟草浓缩香料系列,但考虑为欧洲开发“强化烟草”混合物(例如奶油烟草、香草烟草、烟草坚果)以实现差异化。
欧洲: Balanced between heritage (smokers transitioning) and novelty (vaping as hobby). Many European consumers value refined flavour profiles, sensory complexity, and clean ingredients. The Dutch e-liquid flavour preference study revealed smokers leaned to tobacco flavour (~30 % interest) while non-smokers leaned to menthol/mint and sweets.
欧洲: Premiumisation is strong. Consumers are willing to pay more for high-quality flavourings, novelty, “clean label” credentials, and artisanal positioning. For example, one report indicates over 40% of adult vapers in developed markets prefer natural e-liquids.
The Dutch study on e-liquid flavour preferences found: smokers preferred tobacco flavours (~30%), followed by menthol (~18%) and sweets (~9%) among that group. This underlines the importance of smoking history when targeting flavour segment: in Europe, a significant portion of vapers are former smokers—thus transition flavours (tobacco, menthol) remain relevant even in flavour-rich markets.
6.4 市场概况和风味细分
According to global e-liquid market segmentation, tobacco flavours led at ~35.9 % of revenue, fruit and menthol at about ~29.5 % and ~18.2 % respectively globally. For China and Europe, deviations from global averages are expected, but these provide a benchmark for flavour houses to calibrate the regional focus.
6.5 口味创新趋势——天然&优质
In developed markets, over 40 % of adult vapers reportedly prefer “natural” e-liquids, indicating a premium flavour opportunity. For Europe in particular, flavour houses can leverage this by offering higher-grade aroma materials, clean-label claims, artisanal-style flavour concentrates. China market may be slower to shift, but export orientation means the same flavour house may use the “natural” proposition for European lines while maintaining cost-optimised lines for domestic China and export ODM markets.