NEW YORK, Jan. 16, 2023 /PRNewswire/ -- The e-cigarette market has captured $17,901.1 million revenue in 2022, and it is projected to generate $38,631.1 million revenue in 2030, advancing at a rate of 10.1% from 2022 to 2030. The drop in traditional smoking due to the rising awareness on safer alternatives is a major driver, according to P&S Intelligence.
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Rising Consumption of Flavored E-Cigarettes
Vendors Expanding Their Sales Channels to Reach More Consumers
Vendors are utilizing various sales channels to widen the reach of their products and lure existing and new customers. Companies have, thus, begun to promote their products through discounts on e-commerce platforms and social media channels.
E-Cigarettes Claimed to Reduce Incidence of Cancer
The rising awareness of the harmful effects of smoking conventional cigarettes has resulted in the sale of alternatives that support consumers in quitting conventional ways of smoking tobacco.
The cancer caused due to smoking is a global concern. E-cigarettes help in reducing this risk by preventing the intake of over 4,000 harmful chemicals, such as tobacco and other toxins and carcinogens, which also cause other diseases apart from cancer.
E-Cigarettes Save Environment from Impact of Tobacco Smoke
Browse detailed report on E-Cigarette Market Growth, Development and Demand Forecast Report 2030
E-Cigarette Demand Scenario across Countries
The U.S., France, China, Japan, the U.K., and Italy house the major industries for e-cigarettes. Additionally, countries such as Indonesia, South Africa, the Philippines, and Australia are expected to experience high sales in the near future.
Global E-Cigarette Market Report Coverage
By Product
By Gender
By Age Group
By Distribution channel
Regional Analysis
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