Global E-cigarette Market is likely to Observe Considerable Growth till 2024 by sarajames · October 23 Douglas Costa Jersey , 2018
23 Octo ach 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 factors driving the growth of the electronic cigarette industry.
Emerging factors such as increasing awareness about harmful effects of traditional cigarettes, improving lifestyle David Alaba Jersey , 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 Corentin Tolisso Jersey , which helped them to roll out their own brands by leveraging the technology possessed by Blu Ecigs.
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21.06.2019 07:40
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