Analyst Expects: The E-Cigarette and T-Vapor Market to Grow at a CAGR of +23% by 2023 - Competitive Strategies, Product Segments, Distribution Channels, Regional Outlook
High prevalence of tobacco related mortality and growing health concerns have compelled governments across the globe to take measures to curb tobacco use by implementing prohibitive taxation, indoor smoking bans, and awareness campaigns about health risks, among others. Innovative products such as, e-cigarettes and t-vapor products are being developed, to explore alternate smoking cessation methods, that substitute the nicotine intake of smokers but eliminate or reduce the harm caused by tobacco cigarettes.
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