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market share for Altria’s MarkTen e-cigarettes is unclear, although the company claims that it ranks among the “top three” vapor brands in the western half of the country, with a 48% market sharein Arizona. Altria intends to complete the national expansion of the MarkTen brand in the fourth quarter, which should give investors a clearer perspective on its national growth by next year. Altria also recently acquired Green Smoke’s “premium” e-cigarette business in February for $110 million. As a result of that aggressive expansion, Altria could control 15% of the U.S. e-cigarettes market by 2021, according to Trefis. Altria’s MarkTen e-cigs. Source: Altria Why could the e-cigarette market fail? The problem is that the growth of the e-cigarette market isn’t guaranteed.
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