Semiconductors & Electronics Industry E-cigarette Market Outlook and Overview 2024

Your CatalystTo a Lucrative Business
E-cigarette Market Share, Size, Analysis, Growth, Trends and
Forecasts to 2024 | Hexa Research
“ E-cigarette Market Size To Be Worth USD 44.56
Billion By 2024”
The global E-Cigarette Market is set to reach USD 44.55 billion by 2024, driven by the rising consumer
demand for resource competent vaping products. The growth for e-cigarette market is prominently being
driven by growing health awareness and environment-friendly usage. Need for the alternative product as a
result of rising taxes on traditional cigarettes (tobacco rolled) and its products has been one of the fact ors
driving the growth of the electronic cigarette industry.
Emerging factors such as increasing awareness about harmful effects of traditional cigarettes, improving
lifestyle, and growing e-commerce business are expected to upsurge the growth of the market for the
forecast period. In addition, various mergers and acquisitions are also expected to fuel the market growth.
For instance, in 2012, a merger took placed between tobacco giant Lorillard and U.S. -based e-cigarette
company Blue Ecigs, which helped them to roll out their own brands by leveraging the technology possessed
by Blu Ecigs.
Browse Details of Report @ https://www.hexaresearch.com/research-report/e-cigarette-market
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