As more people are becoming health-conscious and learning about the dangers of smoking tobacco, alternatives are being brought to the market to address this need. Although e-cigarettes have been in the market for a little over ten years, there is still much debate about the health risks involved. Given the possible health problems associated with vape and e-cigarette use, the...
Grand View Research reported that the size of the e-cigarette and vape market size was valued at as much as $6.09 billion back in 2020. But it is also set to expand at a compound annual growth rate of 27.3% from the years 2021 to 2028. Worldwide vaping sales alone are expected to hit $40 billion by the year 2023....
The vaping industry has exploded in such a way that many cannot resist getting in and have their share of this lucrative pie. It is estimated that by 2025, the industry is set to be worth $61.4 billion. Euromonitor, a market research group, has reported that an estimated 55 million adults will be vaping by 2021. Perhaps all these impressive...
With vape shops popping up all over the country and in more and more towns, it’s probably not surprising that the demand for vape merchant services is on the rise. And this trend won’t be slowing down any time soon. In fact, industry experts and researchers have estimated that the vape industry will easily be worth over $8.26 billion by...
E-cigarette use and vaping are growing popular by the day, as more and more smokers ditch traditional cigarettes for a new era of smoking. A study by the PSD Center estimates that the number of grownups on e-cigs and vapes will touch 55 million by 2021. That’s good news for anyone looking to venture in the business, but also plenty...
E-cigarettes are battery-powered gadgets that produce vaporized nicotine-free and nicotine solutions for users to inhale. Electronic cigarettes may be far from catching up with traditional cigarettes, but they are more popular than you can imagine. According to the PSD Center, the approximate number of grownups who vape and do electronic cigarettes will hit 55 million by 2021. Starting an e-cig...
Electronic cigarette merchant accounts allow you to process payments easily and securely. The worldwide e-cigarette and vape market is expected to reach $67.31 billion by the year 2027, according to Grand View Research, Inc. This is driven by the growing knowledge of the health risks of smoking. To counter this, those who wish to smoke are turning to less hazardous...
Securing a reputable e-cig merchant account will better position you for financial success. According to a new study conducted by Grand View Research, Inc., the worldwide vape and e-cigarette market is expected to hit $67.31 billion by the year 2027. A growing number of consumers are becoming more informed about the benefits of smoking “ashless” and “smokeless” tobacco. The benefits...
In January 2020, the U.S. Food and Drug Administration released a policy which focused enforcement against unauthorized flavored e-cigarette products that appeal to minors, including mint and fruit flavors. Under this new policy, any company that does not halt the manufacture, distribution, sale of this unauthorized flavored cartridge-based e-cigarettes within 30 days, will face FDA enforcement actions. HHS Secretary Alex...
While e-cigarettes are marketed as the cleaner alternative to traditional combustible cigarettes, very little is known about the associated long-term effects. Health officials are concerned about the variety of chemicals and metal particles that are inhaled as a part of smoking e-cigarettes, or vaping. And there seems to be a cause for concern. So far, over 1,000 lung injury cases...
