E-Cigarette & Vaporizer Market Research Report- Forecast 2011 to 2021
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Regional Analysis: Currently, North America is the largest consumer of E-Cigarettes & Vaporizer in the world market. It is closely followed by Europe. Although, China began as the first market for E-Cigarettes & Vaporizer, the U. S. and developed markets from Europe became the prime consumers of E-Cigarettes & Vaporizer, due to which these two regions collectively account for over 80 % of the world market. APAC will be growing at the fastest CAGR, accounting for more than 20 % of the global e-cigarette market value by 2021. Significant revenue flow will be observed from China and India over the forecast period.
Latest Industry News: Nov 2017 Aurora Cannabis Inc. and Namaste Technologies Inc are pleased to announce that the Companies have commenced sales through Aurora ' s website and mobile application under the Exclusive Hardware Supply Agreement. As per the Agreement, Aurora is now offering a range of high-quality vaporizers to its medical patients through the Company ' s online platform. Commencement of sales under this agreement represents a significant milestone for Namaste in aligning itself with one of the industry ' s leading Licensed Producers. In turn, through the collaboration, Aurora is broadening its product offering. Dec 2017 Juul Labs, a San Francisco-based company is raising $ 150 million in its first financing as an independent company. They have already reeled in $ 111.5 million from 23 investors, according to a filing with the SEC. Juul Labs had quietly spun out of vaping company Pax Labs and has quickly catapulted up the charts to become the top e- cigarette producer on the market. Jan 2018 KT & G has officially released its first heat-not-burn tobacco product, also called e-cigarette, Lil, after months of planning. The local cigarette maker is expected to be engaged in heated competition with Philip Morris International( PMI) and British American Tobacco( BAT), which have already introduced their own HNB e-cigarettes; IQOS and glow, respectively, earlier this year. P a g e | 4 Copyright © 2017 Market Research Future.