UK adults spent more on vaping products in 2019 than any other nation
Each adult spent around £33, generating a revenue of £2.5bn. This accounts for almost 17 percent of the global market share.
US spending followed at £5bn or £14 per capita, followed by New Zealand at £142m or £30 per capita.
The global market has grown by almost 20 percent since 2012 and is projected to hit almost £19bn by 2023.
Interestingly, the US market has continued to grow at a steady pace despite the recent spate of vaping scandals.
The FDA recently announced a ban of flavoured pods in a bid to curb the so-called teen vaping ‘epidemic.’
However, the ban does not affect disposable, single-use devices. This has reportedly led some teens to switch to closed pods rather than quit vaping altogether.
Header Image by Christian Wiediger on Unsplash
The post UK spent most on e-cigarettes in 2019 appeared first on Vapouround Magazine.
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