NEW YORK, Jan. 16, 2023 /PRNewswire/ The e-cigarette market has captured $17,901.1 million revenue in 2022, and it is projected to generate $38,631.1 million revenue in 2030, advancing at
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E-Cigarette Market Global Share, Size, Growth Analysis and Latest Trends by Top Manufacturer
iCrowd Newswire
According to the latest report by IMARC Group, titled
E-Cigarette Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026, the global
e cigarette market size reached a value of US$ 17 Billion in 2020
. Looking forward, IMARC Group, the global e-cigarette market is expected to exhibit strong growth during 2021-2026. An e-cigarette is a battery-operated, electronic nicotine delivery system (ENDS). It comprises a mouthpiece, atomizer, liquid cartridge, glycerin, propylene glycol, and heating coil to produce smooth vapor upon inhalation. These substances can be formulated with different nicotine levels depending on consumer preference. E-cigarettes do not burn tobacco and carcinogens that generate carbon monoxide (CO) and tar. Consequently, they are considered a safer substitute to conventional cigarettes.