Skip to main content

E-Cigarette Market Share, Size, Future Demand, Top Leading Player, and Emerging Trends

With the increasing availability of e-cigarettes on various distribution channels, their sales are rising sharply across the world. Moreover, the producers of various vaping devices are increasingly focusing on advertising and selling their products via dedicated in-store hubs at bigger grocery shops and retail outlets and kiosks. Many e-cigarette providers are also opening their own outlets and stores to provide customers with a vaping experience which is similar to the one offered in a club. 

Conventional smokers usually prefer these stores, as they can get a diverse range of vaping devices and flavors there. Besides the aforementioned factor, the increasing social acceptance of e-cigarettes, on account of the rising public awareness about the consequences of tobacco smoking on human health and environment, is also fueling the growth of the e-cigarette market all over the world. 


Additionally, the governments of many countries are focusing on creating a more-sustainable and cleaner environment. As a result, they are taking several measures, such as banning tobacco smoking at certain places. This is also making smokers shift to e-cigarettes, as these vaping products are becoming more socially acceptable than conventional cigarettes. Hypermarkets/supermarkets, online channels, vape shops, and tobacconists are the major distribution channels via which e-cigarettes are sold. 

Amongst these, tobacconists registered the highest sales of e-cigarettes during the last few years. Young individuals usually prefer to buy cigarettes from tobacconists over supermarkets/hypermarkets and vape shops. This is credited to the hands-on experience provided by tobacconists to customers. Geographically, the demand for e-cigarettes was found to be the highest in Europe in the years gone by. France, the U.K., and Russia are the major e-cigarette consuming countries in the continent.

In the forthcoming years, the sales of e-cigarettes will soar sharply in North America, as per the estimates of the market research company, P&S Intelligence. The surging use of these vaping products by young individuals, especially in the U.S., is driving the expansion of the e-cigarette market in the region. According to various reports, there were around 14 million e-cigarette users in North America in 2019. Furthermore, the growing public awareness about the negative effects of tobacco smoking on human health is expected to boost the sales of e-cigarettes in the region in the upcoming years.



Labels:

Comments

Post a Comment

Popular posts from this blog

BFSI Using Advanced Security Solutions to Protect Data and Financial Assets

Banks and financial institutions are gradually shifting their core applications over to the cloud network, to offer a personalized banking experience, mitigate the risks associated with conventional technologies, improve the operational control of platforms, reduce capital expenditure, and meet the growing need for real-time analysis of high-volume data. However, the deployment of the cloud infrastructure escalates the risk of cyberattacks, as the data is stored at remote locations.  Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/bfsi-security-market/report-sample To combat the cyber threat, such institutions are increasingly adopting a range of advanced security solutions. The financial service sector has become a prime target for cybercriminals, as it centers around financial assets and generates massive unstructured data. Moreover, progressive steps such as the adoption of online banking and shift toward digital processes have increased the pro
Post a Comment
Read more

RF Semiconductor Market a $5.0-Billion Investment Opportunity by 2030

The major factors leading to the rising demand for radiofrequency (RF) semiconductors are the increasing popularity of smartphones, enhancements in the wireless communication technologies, and escalating adoption of the internet of things (IoT). As a result, from $2.1 billion in 2019, the market of RF semiconductor will witness an 8.8% CAGR during 2020–2030 (forecast period), to reach $5.0 billion by 2030. Made of semiconductor materials, such components enable RF communication in an array of sectors. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/rf-semiconductor-market-report/report-sample The material segment of the market is classified into indium phosphate, gallium arsenide, gallium nitride, silicon, and silicon germanium. Among these, during the historical period (2014–2019), the largest share was held by the gallium arsenide category because RF semiconductors made from this material consume less power, account for low power dissipation, ca
Post a Comment
Read more

How Is Consumer Electronics Sector Helping Silicon on Insulator Market Grow?

Currently, the major players of the silicon on insulator market are taking strategic measures, such as product launches, facility expansions, partnerships, geographical expansions, client wins, and mergers and acquisitions, to gain a competitive edge in the market. For example, in January 2019, Soitec SA extended its collaboration with Samsung Foundry to increase the volume supply of FD-SOIs.  With the new agreement, these companies extended their partnership and secured a high-volume supply of FD-SOI wafers to cater to the surging demand for SOI wafers in consumer, automotive, and internet of things (IoT) applications. The wafer type segment of the silicon on insulator market is categorized into radio-frequency SOI (RF-SOI), power-SOI, imager-SOI, photonics-SOI, fully depleted SOI (FD-SOI), and partially depleted SOI (PD-SOI).  In 2018, the RF-SOI category generated the highest revenue, due to the escalating use of RF-SOI in advanced LTE smartphones and huge investments made in the
Post a Comment
Read more