The Global Market for Vaping Tanks - Forecast to 2023 with Aspire, IJOY, Imperial Brands, Innokin Technology, Joyetech Group, Shenzhen IVPS Technology, and VapeFly.net Dominating

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Dublin, Dec. 06, 2018 (GLOBE NEWSWIRE) -- The report has been added to offering. The Global Vaping Tank Market is projected to grow at a CAGR of 28.92% during the period 2019-2023.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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.

PART 05: MARKET SIZING

PART 06: FIVE FORCES ANALYSIS

PART 07: MARKET SEGMENTATION BY PRODUCT

PART 08: CUSTOMER LANDSCAPEPART 09: REGIONAL LANDSCAPE

PART 10: DECISION FRAMEWORKPART 11: DRIVERS AND CHALLENGES

PART 12: MARKET TRENDS

PART 13: VENDOR LANDSCAPE

PART 14: VENDOR ANALYSIS

For more information about this report visit

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Related Topics: E-Cigarettes

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Globe Newswire: 11:36 GMT Thursday 6th December 2018

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