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Vaping Tank Market Size & Share Report With COVID-19 Global Impact Analysis Forecast, 2020-2025
Vaping Tank Market
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Currently, the e-cigarette is used as an alternative option to conventional cigarettes, as it reduces health-related problems. Technological developments by atomizer manufacturers such as user device controlled vaporizer, hot-wire control system, and multiple atomizing assemblies drive the growth of the vaping tank market. However, new FDA regulations on sales of e-liquids that contain nicotine are expected to hamper the growth of the vaping tank market. Huge investments offer immense growth opportunities to the players operating in the vaping tank market. For instance, Altria Group, Inc. a U.S. based producers of cigarettes and related products has invested $12.8 billion in Juul, an e-cigarette manufacturing company.
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The market is segmented on the basis of type, distribution channel, and geography. Based on type, the market is segmented into disposable and non-disposable. On the basis of distribution channel, the market is segmented into specialist e-cig shops, online, supermarkets, tobacconist, and others. Geographically, it has been analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players that operate in the vaping tank market include Aspire, Halocigs, IJOY, Imperial Brands, Innokin Technology, Joyetech Group, Shenzhen IVPS Technology, VapeFly.net, Vaping American Made Products, and Wake Mod Co.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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