Vaping Tank Market Overview:
The vaping tank, also known as atomizer, vaporizes substances such as e-liquid, herbs, tobacco, and cannabis. It comes in a variety of capacities and sizes that are compatible with the device for which it will be used. It is a battery-powered vaporizer that vaporizes the substance without burning it. The vapor generated by vaping tank is collected in inflatable bag through a pipe. The vaping tank comprises an extraction chamber that is made up of either pyrex, glass, or metal. Its parts include ring, glass tube, base, arc coil, mounting screw, drip cap, and top chamber.
Currently, the e-cigarette is used as an alternative option to conventional cigarettes, as it reduces health-related problems. Technological developments by atomizer manufacturers such as user device controlled vaporizer, hot-wire control system, and multiple atomizing assemblies drive the growth of the vaping tank market. However, new FDA regulations on sales of e-liquids that contain nicotine are expected to hamper the growth of the vaping tank market. Huge investments offer immense growth opportunities to the players operating in the vaping tank market. For instance, Altria Group, Inc. a U.S. based producers of cigarettes and related products has invested $12.8 billion in Juul, an e-cigarette manufacturing company.
The market is segmented on the basis of type, distribution channel, and geography. Based on type, the market is segmented into disposable and non-disposable. On the basis of distribution channel, the market is segmented into specialist e-cig shops, online, supermarkets, tobacconist, and others. Geographically, it has been analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players that operate in the vaping tank market include Aspire, Halocigs, IJOY, Imperial Brands, Innokin Technology, Joyetech Group, Shenzhen IVPS Technology, VapeFly.net, Vaping American Made Products, and Wake Mod Co.
Key Benefits for Vaping Tank Market:
The study provides an in-depth analysis of the global vaping tank industry along with the current & future trends to elucidate imminent investment pockets.
Information about key drivers, restraints, opportunities, and their impact analysis on the market has been provided.
Porters five forces analysis illustrates the potency of buyers & suppliers that operate in the industry.
The quantitative analysis of the global vaping tank market has been provided to determine the market potential.
Vaping Tank Market Report Highlights
By Distribution Channel
Key Market Players
Aspire, VapeFly.net, Joyetech Group, HalocigsIJOYImperial Brands, Vaping American Made Products, Shenzhen IVPS Technology, Wake Mod Co, Innokin Technology