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ECONOMY: Towards 60% growth in the e-cigarette market by 2023.
ECONOMY: Towards 60% growth in the e-cigarette market by 2023.

ECONOMY: Towards 60% growth in the e-cigarette market by 2023.

According to a report published by P&S Market Research, the global electronic cigarette market could reach 48 billion dollars by 2023. Another proof that the sector is doing very well and continues to grow. 


E-CIGARETTE: A MARKET WITH IMPRESSIVE GROWTH!


The e-cigarette market is not about to stagnate and it is a report published by P&S Market Research who teaches us. According to this report the market growth will be driven by factors such as increasing demand and increasing number of stores specializing in vape or selling vaping products.

But if the vaping market continues to explode, it is the heated tobacco market that could experience the fastest growth with a forecast of around 60% in 5 years. The main distribution channels will be vape shops, supermarkets, online shops and tobacco shops. For 2017, it is estimated that the vape shops generated the most important revenues.

 

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