According to the latest report by IMARC Group, titled “Latin America E-Cigarette Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast
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According to the latest report by IMARC Group, titled
“E-Cigarette Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, The global e-cigarette market reached a value of US$ 17 Billion in 2020. E-cigarettes, also known as e-vaping devices, are battery-operated devices that emit vaporized nicotine or non-nicotine solutions for the user to inhale. Their objective is to offer a sensation similar to that of inhaling tobacco smoke. E-cigarettes are mainly manufactured using four components, including a heating element, power source, cartridge and a mouthpiece, which is used for inhaling the solution. These cigarettes are gaining traction across the globe, especially among young adults, as they are considered safer than conventional cigarettes.