The Business Research Company’s E-Cigarettes
(Vaping) Market covers market characteristics, size and growth,
segmentation, regional and country breakdowns, competitive landscape, market
shares, trends and strategies for this market.
The e-cigarettes (vaping) market
consists of sales of e-cigarettes and vaping products and related services.
E-cigarette is an electronic device that simulates cigarette smoking without
combustion of tobacco.
Major players in the market are Altria Group, British American Tobacco,
Imperial Brands, International Vapor Group and Japan Tobacco.
Growing awareness about the
alternatives to tobacco smoking is driving the market for e-cigarettes. Smoking
tobacco is addictive and is a major cause of diseases such as lung and liver
cancer, heart disease. E-cigarette's act as a replacement to traditional
cigarettes and use non-nicotine solutions to generate smoke. As more users
become aware of the ill effects of tobacco smoking and are introduced to new
and safer smoking devices, the demand for e-cigarettes is increasing. For
example, according to a survey conducted by the US Department of Health and Human
Services in 2016, there were twice as many teenagers using vape &
e-cigarettes as compared to teenagers who were consuming regular cigarettes.
Side effects caused due to use of
e-cigarettes is acting as a restraint on the e-cigarette (vaping) market. The
side effects of using e-cigarettes include nausea, vomiting, abdominal pain,
itchiness, dry eyes, cough and nosebleeds. Some of the side effects are caused
due to the body's resistance to accept vapor and may take a few days to
disappear. These side effects are discouraging the use of e-cigarettes
affecting growth of the market.
View complete Report: https://www.thebusinessresearchcompany.com/report/e-cigarettes-vaping-global-market-report
In 2019, TILT Holding acquired
inhalation and vaporization technology company Jupiter Research for $210
Million. Jupiter Research was established in 1986 with headquarters in Phoenix,
AZ, United States. Jupiter Research develops, designs and manufactures advanced
vaporization technology devices that are used in e-cigarette devices. With this
acquisition, TILT Holding plans to expand its technology ecosystem and B2B reach
across the supply chain by utilizing the capabilities of Jupiter Research.
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