Tobacco smoking is detrimental to human health as well as the environment, owing to which current and former smokers are shifting toward e-cigarettes. This shift can be attributed to the rising awareness about the harmful impact of tobacco smoking. The surging consciousness has encouraged several governments to put a complete ban on smoking at specific places, which is coercing smokers to move outside the restricted spaces.
To deal with this inconvenience, smokers are opting for e-cigarettes, which do not emit smoke and can give the same sensation as traditional cigarettes. Additionally, the increasing availability of vaping products on various distribution channels will help the e-cigarette market advance at a 9.2% CAGR during 2020–2030. According to P&S Intelligence, the market revenue will surge from $15.7 billion in 2019 to $39.0 billion by 2030.
Vaping device manufacturers are promoting and selling their offerings through kiosks and designated in-store hubs at larger grocery shops and retail outlets. Such manufacturers are also establishing their outlets and stores to provide a vaping experience like that of a club.
Furthermore, the expanding portfolio of flavor and fragrance vendors is encouraging customers to use vaping products. Moreover, the provision of bubble gum, fusion of fruits, cola, methanol, mint, and chocolate flavoring by vendors is inspiring e-cigarette manufacturers to expand their production capacities.
Thus, the growing popularity of flavored vaping products will boost the adoption of e-cigarettes globally. People in Canada, the U.K., and the U.S. are already using a considerable volume of flavored e-cigarettes.
To deal with this inconvenience, smokers are opting for e-cigarettes, which do not emit smoke and can give the same sensation as traditional cigarettes. Additionally, the increasing availability of vaping products on various distribution channels will help the e-cigarette market advance at a 9.2% CAGR during 2020–2030. According to P&S Intelligence, the market revenue will surge from $15.7 billion in 2019 to $39.0 billion by 2030.
E-Cigarette Market Business Analysis, Growth and Forecast Report
Furthermore, the expanding portfolio of flavor and fragrance vendors is encouraging customers to use vaping products. Moreover, the provision of bubble gum, fusion of fruits, cola, methanol, mint, and chocolate flavoring by vendors is inspiring e-cigarette manufacturers to expand their production capacities.
Thus, the growing popularity of flavored vaping products will boost the adoption of e-cigarettes globally. People in Canada, the U.K., and the U.S. are already using a considerable volume of flavored e-cigarettes.
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