Vaping Tanks: Worldwide Market Opportunity Analysis Through 2019-2023 - Rising Trend of Mergers & Acquisitions; Growing E-Commerce-Based Retailing; Product Innovation in Terms of Styles & Flavors - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 6, 2018--The “Global Vaping Tank Market 2018-2022” report has been added to ResearchAndMarkets.com’s offering.
The Global Vaping Tank Market is projected to grow at a CAGR of 28.92% during the period 2019-2023.
One trend affecting this market is the rising number of mergers and acquisitions in the industry. Since 2010, many large vendors in the tobacco market are engaged in mergers and acquisitions (M&A) to enter the emerging vapors, tanks, and modifiers (VTM) market and increase their market share.
According to the report, one driver influencing this market is the increasing number of vape shops and stores across the globe. Globally, the number of people who use e-cigarettes has grown considerably, which is likely to augment the growth of the global vaping tank market over the next few years. Also, factors such as promotional initiatives taken by various government agencies are compelling consumers to shift toward safer smoking alternatives.
Further, the report states that one challenge affecting this market is the negative health effects of vaping. Many countries have imposed bans on the use of vaping products owing to the serious health risks to vapes which will negatively impact the growth of the vaping tank market.
Market TrendsRising Trend of Mergers & Acquisitions Growing E-Commerce-Based Retailing Product Innovation in Terms of Styles & Flavors
Key VendorsAspire IJOY Imperial Brands Innokin Technology Joyetech Group Shenzhen IVPS Technology VapeFly.net
1. Executive Summary
2. Scope of the Report
3. Research Methodology
4. Market Landscape
5. Market Sizing
6. Five Forces Analysis
7. Market Segmentation by Product
8. Customer Landscape
9. Regional Landscape
10. Decision Framework
11. Drivers and Challenges
12. Market Trends
13. Vendor Landscape
14. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/sg92rd/vaping_tanks?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181206005771/en/
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INDUSTRY KEYWORD: RETAIL TOBACCO
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 12/06/2018 01:06 PM/DISC: 12/06/2018 01:06 PM