E-Cigarette & Vaporizer Market Research Report - Forecast 2011 to 2021
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Regional Analysis : Currently , North America is the largest consumer of E-Cigarettes & Vaporizer in the world market . It is closely followed by Europe . Although , China began as the first market for E-Cigarettes & Vaporizer , the U . S . and developed markets from Europe became the prime consumers of E-Cigarettes & Vaporizer , due to which these two regions collectively account for over 80 % of the world market . APAC will be growing at the fastest CAGR , accounting for more than 20 % of the global e-cigarette market value by 2021 . Significant revenue flow will be observed from China and India over the forecast period .
Latest Industry News : Nov 2017 Aurora Cannabis Inc . and Namaste Technologies Inc are pleased to announce that the Companies have commenced sales through Aurora ' s website and mobile application under the Exclusive Hardware Supply Agreement . As per the Agreement , Aurora is now offering a range of high-quality vaporizers to its medical patients through the Company ' s online platform . Commencement of sales under this agreement represents a significant milestone for Namaste in aligning itself with one of the industry ' s leading Licensed Producers . In turn , through the collaboration , Aurora is broadening its product offering . Dec 2017 Juul Labs , a San Francisco-based company is raising $ 150 million in its first financing as an independent company . They have already reeled in $ 111.5 million from 23 investors , according to a filing with the SEC . Juul Labs had quietly spun out of vaping company Pax Labs and has quickly catapulted up the charts to become the top e- cigarette producer on the market . Jan 2018 KT & G has officially released its first heat-not-burn tobacco product , also called e-cigarette , Lil , after months of planning . The local cigarette maker is expected to be engaged in heated competition with Philip Morris International ( PMI ) and British American Tobacco ( BAT ), which have already introduced their own HNB e-cigarettes ; IQOS and glow , respectively , earlier this year . P a g e | 4 Copyright © 2017 Market Research Future .