E-cigarette Market Growth 2019-2024 Published On : 11 March 2019
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REPORT STUDIES An electronic cigarette or e-cigarette is a handheld electronic device which vaporizes a flavored liquid. The user inhales the vapor. Using e-cigarettes is sometimes called vaping. The liquid in the e-cigarette, called e-liquid, is usually made of nicotine, propylene glycol, glycerine, and flavorings. Not all e-liquids contain nicotine. Market competition is intense. Imperial Tobacco, Reynolds American, Japan Tobacco, Altria, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry. In 2012, the international tobacco giants laid out the e-cigarette industry and caused many acquisitions and other industry mergers and acquisitions. At the same time, the market has been reshuffled. With the stricter smoking bans in various countries, e-cigarettes will usher in better development. 2
THE KEY MANUFACTURERS • Imperial Tobacco • Reynolds American • Japan Tobacco • Altria • VMR Product • Njoy • 21st Century • Vaporcorp • Truvape • FirstUnion • Download free sample
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CHART TITLE
APPLICATION 11.36% 23.86%
• Online 19.32%
• Offline
28.41%
Jan
Feb
17.05%
Mar
Apr
May
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