Malaysia E-Cigarette Market, Vape Stores in Malaysia, UK E-Cigarette Market - PowerPoint PPT Presentation

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Malaysia E-Cigarette Market, Vape Stores in Malaysia, UK E-Cigarette Market

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Introducing different flavors in e-cigarettes has helped companies that are manufacturing e-cigarettes in expanding their business and attracting more number of customers to use e-cigarettes. – PowerPoint PPT presentation

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Title: Malaysia E-Cigarette Market, Vape Stores in Malaysia, UK E-Cigarette Market


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Global E-Cigarette Market
2
Introducing different flavors in e-cigarettes
has helped companies that are manufacturing
e-cigarettes in expanding their business and
attracting more number of customers to use
e-cigarettes. Various vape festivals are
organized in across countries which helped in the
growth in the popularity of e-cigarettes. Vape
festivals that were organised in this period were
Vapestock in Florida, VapeCon in Virginia,
VapeBash in Chicago and many more. Increase in
the health awareness in various countries among
people encouraged them to switch from normal
cigarettes to e-cigarettes, which led to an
increase in the market revenues of e-cigarettes.
Major companies currently in the e-cigarette
market include Innokin, Aspire, MCV Philippines
and others. Technologies such as RDAs, mechanical
mods and regulated mods all came into existence
which contributed to the growth of this industry.
3
Introducing different flavours in e-cigarettes
has helped companies that are manufacturing
e-cigarettes in expanding their business and
attracting more number of customers to use
e-cigarettes. One of the main reasons young
population is experimenting and using
e-cigarettes is due to the curiosity, peer
influences and the availability of different
flavours of e-liquids. There are more than 450
companies operating in the e-cigarette market and
e-cigarettes are available in more than 7,700
flavours. The e-cigarettes are also available in
candy, fruity, coffee and dessert flavours along
with the classic menthol and tobacco
flavours. Various mergers and acquisitions are
taking place in the industry during the past few
years. The big giants in the tobacco industry are
acquiring small e-cigarettes local players to
enter into the e-cigarette sector and in the
local markets of different countries.
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The majority of acquisitions took place in
United Kingdom and United States and as a result,
the countries became the largest players of
e-cigarettes. The report titled Global
E-Cigarette Market by Category (Tobacco Flavored
E-Liquids, Botanicals, Fruit Flavors, Nicotine
Free E-Liquids) By purchase channel (Online,
Specialist Vape/E-Cigarette Stores, Other
Physical Retailers), By type (Modular,
Disposable, Rechargeable) Outlook to 2021 by
Ken Research suggested that companies can expand
their reach in the market by opening more vape
stores in different countries. This will help
them to cater to the needs of larger audience.
More people would be able to consume the
e-cigarettes in the countries if they are easily
available in close vicinity.
5
Source https//www.kenresearch.com/food-beverag
e-and-tobacco/tobacco-products/global-e-cigarrette
-market/142271-11.html Contact UsKen
ResearchAnkur Gupta, Head Marketing
Communicationssales_at_kenresearch.com0124-4230204
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