WHO says that the number of smokers have decreased by little but steadily all over the world. They have decreased by almost 1 billion. But the number of vapers, who have been using vape e liquid bundles, has increased rapidly. The number of vapors in 2011 were 7 million and in 2018 the numbers increased to a whopping 41 million.
Researchers say the number of adults vaping will go up to 55 million by 2021. As the number of vapers are rising, the e-cigarette market is expanding with the global market estimated to be worth $19.3bn (£15.5bn). The number has increased dramatically from $6.9bn (£5.5bn) 5 years ago.
And along with the rise in the number of vapers, the spending on vaping and e-cigarette products is also growing. The biggest markets are the United States, United Kingdom and France where the vapers have spent more than $10bn (£8bn) on smokeless tobacco and vaping products in 2018. These markets are still growing and evolving, witnessing numerous new flavors being added to the collection.
In 2016, Ernst & Young published a report that stated that most e-cigarette users buy their devices from specialist shops as buying in person builds familiarity with this relatively new product and also helps seek advice on which is the best type of device to use. 21 percent of the 3000 users that were surveyed bought the devices online.
Though smoking of any form is not generally good for health, doctors across the globe have agreed to the fact that the vaping caries only a fraction of risk of cigarettes.