“According to Ministry of Health websites, its regulate e-cigarettes were classified as new/amended laws, or existing laws. The policy domains identified include restrictions or prohibitions on product: sale, manufacturing, importation, distribution, use, product design including e-liquid ingredients, advertising/promotion/sponsorship, trademarks, and regulation requiring: taxation, health warning labels and child-safety standards.”
The article cited AMA's Global Electronic Cigarettes Market Study explored substantial growth with CAGR of 8.17%. According the report, Increasing demand of Electronic Cigarettes at developed countries.
is one of the primary growth factors for the market. Increase Number of Vape Shops and Designated Stores Boost the Electronic Cigarettes Market.
is also expected to contribute significantly to the Electronic Cigarettes market. Overall, Quit Smoking
applications of Electronic Cigarettes, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.
AMAs Analyst on the Global Electronic Cigarettes market identified that the demand is rising in many different parts of the world as "Consumers Shifted towards Tobacco Alternatives that leads to grow the Electronic Cigarettes Market.
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The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Electronic Cigarettes market by Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Electronic Cigarettes market and other related sub-markets covered in the study.
o Key & emerging players in the Electronic Cigarettes market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Electronic Cigarettes market size is calculated using market estimation process, the Electronic Cigarettes market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Electronic Cigarettes market size has been validated using both top-down and bottom-up approaches.