China’s vaping agency RELX’s share worth greater than doubled in its buying and selling debut final week. However how large is the e-cigarette market?
There have been 1 billion flamable tobacco customers worldwide in 2019, of which 85.5% have been cigarette customers. In 2019, the worldwide gross sales of flamable tobacco and low-toxic cigarette various merchandise have been US$850.7 billion and are anticipated to succeed in US$1.0172 trillion in 2023, in keeping with China Insights Consultancy.
On this giant market, cigarette substitutes are …
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