DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Vape Market - Strategic Assessment and Forecast Till 2021 " report to their offering.
The Worldwide Vape Products Market to reach approx. US$32.11 billion by 2021.
A vape product or broadly known as e-cigarette, electronic cigarette, and vaporizer is a battery operated device and has been reckoned as an alternative to traditional tobacco cigarettes by many vendors. Without the inhalation of smoke, it gives the experience of tobacco smoking where the user inhales the vaporized nicotine emitted by the device.
Vape products are smoke and tobacco-free consumer products. These are also designed and used as a tobacco harm reduction (THR) product and are sold as medical devices in many countries. The major turning point for the vape product market was the year 2014 as the market witnessed a record number of major acquisitions, the launch of technologically advanced product, patent warfare, and the introduction of government regulations.
The effects of vaping on the human body are not yet fully known. However, they are considered less toxic than traditional tobacco cigarettes because they produce vapor instead of smoke. They are considered as an effective method that helps smokers quit smoking, though there is no scientifically grounded evidence for this.
Vape market (e-Cigarette and Vaporizer) research report covers the present scenario and the growth prospects of the Worldwide Vape Products (e-Cigarette and Vaporizer) Market for the period 2015-2021. The report provides in-depth analysis of market size and growth of Worldwide Vape market.
The report also provides market share and profiles the key vendors operating in the Worldwide Vape Products Market and also provides the detailed competitive landscape of key players.
- Altria Group
- Ballantyne Brands
- British American Tobacco (BAT)
- CB Distributors
- Imperial Brands
- Japan Tobacco
- Reynolds American
- RRR Chemicals
- VMR Products
- White Cloud
For more information visit http://www.researchandmarkets.com/research/n8lcg2/global_vape