For people who are looking forward to buying gifts for their smoker friends or family members who are trying hard to quit smoking, electronic cigarettes tend to be the best shopping product. Apart from them, even the travelers who are moving to some other place during the summers which bans smoking also look forward to buying e-cigs from the best online stores like www.buyv2cigs.co.uk as they are pretty sure that vaping is allowed in most countries and states apart from a few. Though countries like Brazil and Seychelles have banned electronic cigarette sales but that has not had any impact on their global spending.
Hence, it is needless to mention again that the e-cigarette industry is a growing one and if you take into account the fact on how many people vape and how much money is spent on electronic cigarettes, you will find out that this is more than just a booming industry.
Vaping has become increasingly popular
As per the latest data revealed by the World Health Organization, there has been a slow yet steady decrease in the total number of smokers all over the globe since the year 2000. From 1.15 billion in those years, now it has dropped down to less than a billion. However, things are different with regards to vaping. The total number of vapers have boosted swiftly from 7 million in the year 2011 to 40 million in 2016. This shows the large number of adults who have started vaping and this also predicts that the industry will reach 56 million by 2021!
The expenditure on electronic cigarettes continues to grow
The electronic cigarette market has kept on expanding and the total numbers of vapers are also rising like never before. The vapour products over the globe have been estimated worth $23.6 and this is up from $4.4 billion 5 years back. In Japan, United States and UK which are the biggest markets, vapers in the 3 nations spent over $17 billion on the smokeless tobacco products like e-cigs.
Majority of the e-cigarettes are bought from the stores
Majority of the users of e-cigarettes buy their devices from specialist shops as per Ernst & Young. 38% of the e-cig users in 2016 as surveyed across France, UK, Germany, South Korea, Russia, Italy and Poland bought their devices from stores that were dedicated to e-cigarettes.
Therefore, as we see that the e-cigarette industry is growing like never before, it is understandable that this industry is here to stay and this will also lead to a reduction in the number of cigarette smokers.