The Growth of E-Cigarette Industry in 2014: Infographic
There is simply no doubt: electronic cigarette, or vaping, industry is growing rapidly all over the world. In 2012, it was worth around $0,5 billion, but in 2014, the global numbers already reached a whopping $3 billion – that’s a 700% growth of e-cigarette industry in just 2 years. If we look at how many e-cigarette brands and e-liquid flavors are available in the market currently, a beginner can easily get confused and purchase some mysterious, low-quality products. This is one of the main reasons why Ecigclopedia.com is here to help people understand more about electronic cigarettes and to guide you to the best vaping experience.
Growth of E-Cigarette Industry in 2014
466+ E-Cigarette Brands Worldwide
Some 5-7 years ago, there were only a couple of electronic cigarette brands available on the market. Nowadays, things have changed a lot – the worldwide vaping community is growing rapidly, and so is the business. Why? We are pretty certain of the reason: vaping simply is the future, but smoking – already the past. Smoking traditional tobacco cigarettes is too harmful, unethical and even irrational for a human being. More and more smokers choose to replace their nasty habits with a much healthier and better alternative called vaping, and, if they continue to do so, soon there will be very insignificant demand of tobacco cigarettes. And, as the simple rule of economics states, less demand means less supply. Therefore vaping is definitely the future, but smoking – the past!
As we can see, in 2014, there were more than 466 e-cig brands worldwide, which already is a huge amount, with one of the most popular and trustable ones being e-cigarette giants like KangerTech, Aspire and Innokin. Let’s see what surprises will 2015 bring, although one thing is clear: by 2016, these numbers will probably have doubled.
7764+ Mouth-Watering E-Liquid Flavors
For a casual vaper, it might be hard to name even more than 20 different e-liquid flavors. No one could predict that in less than 10 years there will be more then 7764 e-cigarette liquid flavors available. Let’s take a look at the tobacco cigarette market here: despite this industry being around for decades, there are no more than a few hundred current cigarette brands out there worldwide, not to mention the lack of different flavors.
Let’s also keep in mind that vapers are able to mix the e-liquid flavors and concoct their own juices, achieving almost an infinite number of possible tastes. More and more vapers pick some sweeter tastes and mix them, say, with mint e-liquids. One can simply turn on their imagination and bring the vaping experience to a whole new level! You can also find out which are the most popular e-liquid flavors used by vapers.