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The global vapor products (e-vapor and heat-not-burn (HnB) devices) market and is expected to cross $43 billion by 2023, growing at an impressive CAGR of over 15% over 2017–2023.<br><br>Vapor Products Ma
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VAPOR PRODUCTS MARKET 2018-2023
CONTENTS M A R K ET M A R K ET AT A G L A N CE D YNAMICS S E G M E N T A T I ON T R END A N A L Y S IS V E N DOR L I S TS C O N T ACT US
MARKET AT A GLANCE The g l o bal v a por products( e - v a por a nd heat-not-burn ( H nB) d e v i ce s) ma r k e t and is expected to c r oss $43 billion by 2 0 23, g r o wi ng at an i mp r e s s i ve C A GR of o ver 1 5% o ver 2 0 1 7 – 2 0 2 3. The r e c ent developments in the v a p or products ma r k et are the introduction of v a p ing d e v i ces or battery-powered inhalers. E-cigarettes/e-vapor and HnB device s are d e s i g ned to s i mu l a te tobacco smoking e-juices flavored by providing i n ha l ed d o ses of through vaporizing t he l i qu i d, wh i c h, in t u rn, wi l l b o ost s a les in the e-cigarette market. The g r o wi ng g l o bal h e a lth awarene ss and technological developments aiding s a f er in t he s mo k i ng are d r i v ing the growth market.
MARKET DYNAMICS “The p erc eption of end-us ers toward the e - vapor and HnB tobacco vapor products is changing worldwide. Th e vapor products market is witnessing an incr eas e in the desire a mo ng end-users globally to q uit smoking becaus e of the incr easing number of deaths c a us ed by smoking-related canc er , r espiratory dis eases, and h e art diseas es. These factors h ave primarily contribut ed to the decline of t h e global s a les volum e of traditional cigarett es o ver th e la s t few years." Read theReport
SEGMENTATION Global vapor products (e-vapor and heat-not-burn (HnB) Devices)market expected to grow at a faster pace over the next fewyears. Retail sales constitute the bulkof the distribution model in the e- cigarettemarket. The devices are categorized intocig- a-likes, closed tanks systems, and open tankssystems. E-vapor and HnB tobacco vapor products are mainly sold through retail distribution channels suchas convenience stores, vape shops, tobacco shops, grocery shops,drug stores, and other retailoutlets. In 2017, North America was thelargest e-vapor and HnB tobacco vapor product marketglobally. Request for aSample
TOP TRENDS SHIFT FROM SMOKING TOWARDVAPING INCREASED MARKETCONSOLIDATION INTRODUCTION OFE-JUICES INCREASED MARKETING AND PROMOTIONEFFORTS enquiry@arizton.com
VENDOR LISTS KEY VENDORS British AmericanTobacco ImperialBrands Japan TobaccoInternational JUUL Labs Philip MorrisInternational Altria Group PROMINENT PLAYERS Ballantyne Brands, CB Distributors, ECIG, Gamucci, Gilla, International Vapor Group, Johnson Creek, Joyetech Co, KangerTech. MCIG, Nicotek, NJOY, PAX Labs, RR Chemicals, Totally Wicked E-Liquid USA, Vape Holdings, Vapor Hub, VMR Products, VPR Brands, White Cloud, and XEO International. Read theReport
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