Current year 2017 is quite a successful year for the e-cigarette industry. Inventor Hon Lik, pharmacist and smoker himself, perhaps didn't foresee worldwide recognition of his creation within a decade's time. Electronic cigarettes have rapidly revolved and clearly surpassed expectations since its first release in 2006 (Europe) and 2007 (US).
Experts estimate the e-cig market to be worth a whopping £25 billion in 2021, considering a 29.9% spike in sales of vaping devices in February 2017 alone. The promising future of the e-cigarette isn't hard to predict. Let's see why the market is bound to leap further in upcoming 2018:
Reason #1 - Heaps of E-Cig Product Exposure
Statistics show that the US e-cig market is on a larger scale than UK, yet UK's e-cig industry is in fact valued at approximately £5 billion! The figures only denote two among the numerous countries world over adapting to e-cig development and trends. To date, there are more than 500 brands of e-cigarettes amassing global sales. Marketing strategies, online shops and social sites across all platforms contribute to making the better alternative to smoking known to all.
Reason #2 - E-Liquid Variety To Suit Every Taste
Options are vast when it comes to e-liquid or the flavor-filled fluid solution designed for vape devices. There's fruity, minty, sweet, nutty, creamy, chocolate, tobacco flavor, with or without nicotine, just to name a few. Manufacturers world over are expected to take e-juices to a whole new level by 2018 as they strive to provide unique flavors to satisfy their vaper customers' cravings. Variety does not limit itself to flavor offerings, but also types of e-liquid, ingredients used, and natural or organic compositions.
Reason #3 - Unique Features That Only Keeps Getting Better
Today's devices bring awesome and practical features that turn an ordinary e-cig into a device that's the only one of its kind. Non-combustive vapor technology aside, state-of-the-art e-cigarettes are quick to charge up, easy to re-fuel, ergonomically designed, and provides on-the-go convenience. What more can you ask for? Come 2018, vapers can watch out for all-new special features that manufacturers will roll out in order to make the distinction.
Reason #4 - Constant Technological Advancements
In all things, there's always room for improvement. While some e-cig manufacturers would be brainstorming for original ideas, some will have a keen eye on what other creators possibly missed. New features will be likely based on existing technology, such as box mods with touchscreen capability and how it can be made even better.
Reason #5 - More Manufacturers, More Competition
Hundreds of e-cigarette manufacturers already exist. Why do new manufacturers seem to pop up one after the other? They attempt to compete because they've got something new to offer. Maybe a better, higher-quality, more powerful e-cig, and something vapers simply cannot find anywhere else! Exposure relatively increases as availability spreads to places far and wide where electronic cigarettes aren't popular just yet.
Now do you see why we're looking at a prosperous e-cig industry in 2018? Increased exposure, tougher competition, enhanced features in line with the latest technology, and vape juice in almost every imaginable flavor altogether support continuous market growth to the benefit of e-cigarette businesses.
