The Fact.MR newly published report titled “Pod Vapes” Market Forecast, Trend Analysis & Competition Tracking – Global Market Insights 2019 to 2027” provides detailed analysis over key pod vapes dynamic factors in industry which includes market driving impediments, industry challenges, and key trends & opportunities that possess a substantial hold on the scenario forecast of the pod vapes market. This research analysis also draws attention of readers’ towards the comprehension of the pod vapes offerings by the manufacturers, nicotine content, demographic impact, and present market trend factors influencing the preference of consumers towards use of the open and closed pod systems in developed as well as developing countries. The size of the pod vapes market has been assessed in terms of volume sales (Mn Units) and its equated value (US$ Mn).
Rising E-cigarette Users to Drive the Demand for Pod Vapes, Market to Register 19.1% Growth in Terms of Value during 2019-2027
A worth evolution of the vaping industry in recent years has provided a significant growth to different types of pod systems, pushing the developments in pod vapes market. Open pod systems segment is expected witness robust growth rate in pod vapes market, by attaining massive traction and providing less health impact on consumers as compared to cigarettes.
Browse more detail information about this report at https://www.factmr.com/report/3062/pod-vapes-market
Pod vapes market is primarily influenced by the rising number of e-cigarette smokers across all the regions, which is likely to provide strong growth to pod vapes market over the forecast period. Rising demand for pod vapes among ex-smokers is also witnessed in both legacy as well as emerging regions and expected to grow at CAGR of 19.1% from 2019 to 2027.
Pod Vapes Emerging as Alternative to Reduce Smoking across the Globe
The pop vapes are available in various flavor types such as mint, blueberry, grape, tobacco, Virginia, and many other flavors. Availability of different kinds of flavors with vaping system has attracted changed the habits of many smokers towards the use of pod vapes. The primary purpose of bringing e-cigarettes and vaping systems is to reduce consumption of cigarettes across the globe. The ease of use and wide range of vaping systems continue to impact positively on the pod vapes market.
“Pod vapes refers to a mini vaping system includes a pod which is filled with the e-juice that snaps into a battery. Pod vapes are lightweight, refillable, easy to use and more compact devices. Pod vapes market is expected to witness increasing demand due to continuous rise in the technological advancements and innovations in the pod vapes devices for safer smoking. With an increasing number of studies showing positive effects of vaping to help quit smoking, the market for pod vapes is anticipated to register strong growth during the forecast period” says lead research analyst, Consumer Products, at Fact.MR.”
APEJ Region to Remain Frontrunner in the Global Pod Vapes Market by 2027 end
Over the last few years, the use of pod vapes has legalized in most of the European and Asian countries. Meanwhile, some countries such as Hong Kong, Singapore, UAE, Thailand, and Brazil have imposed a ban on e-cigarettes and pod vapes. Majority of the countries are imposing stringent regulations for the use of pod vapes and e-cigarettes due to rising health concerns and keeping from underage population getting addicted to any products containing nicotine.
Fact.MR’s recent study forecasts the global pod vapes market to exhibit strong year-on-year growth rate during the estimated period from 2019 – 2027. The overall spending on e-cigarettes and pod vapes in the regions like APEJ, Europe and North America is increasing owing to rising number of consumers who wants to quit smoking.
Asia Pacific excluding Japan’s (APEJ) in the pod vapes market is expected to dominate the global market in terms of both volume sales and value by the end of forecast period. APEJ region is anticipated to gain more incremental opportunities, with a value market share of more than 35% by 2027-end. With the increasing use of pod vapes in China, India, Malaysia, and Indonesia, pod vapes manufacturers are focusing on expanding their business footprints in these countries. Being the leading manufacturing country of e-cigarettes and pod vapes, China dominates the production of pod vapes and e-cigarettes with the most prominent brands expanding their production and sales footprint in the country. The global pod vapes market in APEJ is foretold by the study to grow at the highest growth rate.