E-Cigarette Market Analysis by Industry Segments, Share, Application, Development, Growing Demand, and Top Key Players

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The vape industry offers a large variety of e-cigarette flavors to lure customers and e-cigarette manufacturers.

The vape industry offers a large variety of e-cigarette flavors to lure customers and e-cigarette manufacturers. Flavor and fragrance vendors are introducing flavors like cola, methanol, mint, chocolate, bubble gum, and fusion of fruits to encourage a significant number of smokers to shift toward vaping products. People in Europe and North America, predominantly in the U.K., France, Russia, Canada, and the U.S., are increasingly shifting toward flavored e-cigarettes.
 
 
With the rising adoption of flavored e-cigarettes in several parts of the world, a large number of flavors are being launched by the vendors. Inclination toward e-cigarettes can be ascribed to the rising awareness about environmental and human health. Governments across the world are working toward building a greener and sustainable environment. As a part of this objective, several countries have put a complete ban on smoking at specific places.
 
 The ban on smoking in public places is compelling smokers to use vaping products. Owing to this reason, the e-cigarette industry will progress at 9.2% CAGR during 2020–2030. The market value is expected to rise from $15.7 billion in 2019 to $39.0 billion by 2030. Moreover, easy availability of products, such as vape mod, t-vapor, cig-a-like, and vaporizer, has increased the popularity of e-cigarettes, worldwide.
 
The customers can easily procure e-cigarettes from kiosks and dedicated in-store hubs at grocery stores and large retail outlets. Numerous e-cigarette providers have set up their stores and outlets to sell a range of flavors and new vaping devices. These designated stores and outlets are creating high demand for vaping products, which are being used by individuals.
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