One billion people around the world still smoke. The World Health Organization (WHO) estimates that by 2025 there will still be more than 1 billion smokers.
The Asia Pacific E-cigarette market is anticipated to grow at a CAGR of 27.4% during 2016 to 2022. The market has generated the revenue $ 900 million in 2016 and is anticipated to reach up to $ 3849 million by 2022. Electronic cigarettes are also known as e-cigs, e-cigarettes. It’s an electronic non-nicotine delivery systems or electronic nicotine delivery systems. As compare to the Asia Pacific region, the global market of E-cigarette market has produced the revenue $ 3460 million in 2016 and is expected to make up to $ 13273 million by 2022. The market is anticipated to grow at a CAGR of 25.12% during 2016 to 2022 globally. The driving force of the global E-cigarette market is changing preferences and lifestyle across the world and shift toward vaping instead of smoking.