The Vaporizers, E-Cigarettes, and other Electronic Nicotine Delivery Systems (ENDS) market involves of sales of vaporizers, e-cigarettes, and other electronic nicotine delivery systems. These are utilized for inhaling the energetic ingredients of plant material such as cannabis, tobacco, or several other herbs or blends.
The international Vaporizers,
E-Cigarettes, and other Electronic Nicotine Delivery Systems (ENDS) market was
valued USD 22.33 billion in 2019. It is projected to increase at a compound
annual growth rate (CAGR) of 20% and reach USD 46.3 billion by 2023.
The Vaporizers, E-Cigarettes, and
other Electronic Nicotine Delivery Systems (ENDS) market enclosed in this
report is divided by form into vaporizers, E-cigarettes, other Electronic
Nicotine Delivery Systems (ENDS). It is also classified by E-cigarettes type
into disposable, rechargeable, modular 3) by vaporizers variety: E-cigarette
vaporizers, marijuana vaporizers, medical vaporizers.
Increasing awareness of health
issues caused by the smoking conventional tobacco cigarettes amongst the
smoking population is propelling the growth of the e-cigarettes market.
Unadventurous tobacco cigarettes discharge toxic compounds that unpleasantly
disturb the health of the distinct. The e-cigarettes are less poisonous and
safer compared to the conventional tobacco cigarettes. For instance, during
December 2018, British American Tobacco company discharge the Vype iSwitch and
Vype iSwitch Maxx based on the Puretech blade technology, includes utilizing an
ultra-slim stainless-steel blade to heat e-liquid and generate vapor. The vapor
products do not burn tobacco, the vapor comprises significantly subordinate
levels of toxicants in the smoke generated when burning tobacco. Therefore,
e-cigarettes have decreased risk properties associated to the traditional
cigarettes.
Inflexible government regulations
on the ban of E-cigarettes is limiting the growth of the Vaporizers,
E-Cigarettes, and other Electronic Nicotine Delivery Systems (ENDS) market.
Frequent nations have proscribed the deal and formulate of e-cigarettes to protect
the youth and children from the insensitive impressions and habit of
E-cigarettes. For example, in December 2019, Indian government has passed
proscription of electronic cigarettes (production, producer, import, export,
transport, sale, distribution, stowage and advertisement) bill 2019 that
obligatory the ban of E-cigarettes. The government banned the e cigarettes as
the producing companies are encouraging them as a way to get out of the smoking
but research studies have revealed that most of the people are addicting to
E-cigarettes.
Medicated cannabis vaporizers have
increased increasing requirement in the vaporizers market. Cannabis vaporizers
have monitoring the heating technology and offer the possibility of accurately
adjusting the temperature of the heater by the means of a display on the unit,
providing the user full control over the compactness of the aerosol
established. For instance, Storz & Bickel, a subsidiary of Canopy growth
establishment has developed and produced vaporizers (Volcano medic and the
Mighty medic) as per the European Medical Device Directive 93/42/ECC and
Standard DIN EN 60601.
During September 2018, Turning
Points Brands, Inc., an US based tobacco products merchant obtained 100% stake
in International Vapor Group, Inc. in a deal valued USD 29 million. In addition
of the International Vapor Group will reinforce Turning Points Brands, Inc. and
will have significant impact on vapor business. International Vapor Group,
Inc., an US based e-cigarettes company initiated in 2012 and served with
numerous brands under its name. Therefore, in the near years, it is anticipated
that the market of vaporizers, e-cigarettes, and other electronic nicotine
delivery systems (ENDS) will increase around the globe more actively over the
inflowing years.
For More Information, Click on the Link Below:-
Global
Vaporizers E-Cigarettes and Other Electronic Nicotine Delivery Systems (Ends)
Market
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing &
Communications
Thanks for the information. I just want to add that Wax Vaporizers have their own place in vaping world. They're great products to use.
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