The vaporizer market has grown significantly in recent years, reaching a market size of a few billion dollars. Vaping is done using a vaporizer. Inhaling and exhaling water vapour created by an electric device, such as a vaporizer or an e-cigarette, is known as vaping. With the use of vaporizers, users inhale and exhale gaseous e-liquid, which is the form of water vapour in the vaporizer.
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Although the smoke from vaporizers is typically heavier, it dissipates into the air around it more rapidly, and it smells much better—typically like fruit, candy, or mint, depending on the flavouring that is being used. While vaping is a smoke-free alternative to regular tobacco cigarettes that may or may not include nicotine, it cannot be compared to smoking because there is no smoke produced.
As far as drivers of the vaporizer market are concerned, more than one third of the total population of the United States are cigarette smokers. Smoking related illnesses account for every one of five deaths in the United States. In addition, nearly 70% of the smokers report that they want to quit smoking to lead a healthier life and 42% of the smokers have tried to quit smoking unsuccessfully. Hence, it is obvious that there is a huge market for e-cigarettes and vaporizers in the United States alone, and the potential for other regions of world if included, then it would be a gigantic market.
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Regional analysis includes: (Vaporizer Market)
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC, S. Africa, N. Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
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The report covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
Report Highlights: (Vaporizer Market)
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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