The world of e-cigarettes has never had a peaceful day, but for vapers, 2017 has been a year full of earth-shattering events.
From international breakthroughs, to exciting new product launches and trends, to rumors of government antics, the past 12 months have been a watershed moment for e-cigarettes. From vapers to online and brick-and-mortar stores, everyone has felt the effects of a dramatic year for the industry.
And as we prepare to welcome 2018, let's look back at some of the key vaping moments of 2017, starting with a bold prediction...
The rise of vape kits and the growth of online vape shops in 2017
We knew before 2017 that vaping was about to explode in both value and popularity this year. In December 2016, AOL Money listed Imperial Brands, a major player in the vaping industry, as one of four companies to invest in for 2017, calling e-cigarettes a “potentially huge growth market.” SWNS also listed some types of vape kits as a big part of the pie, calling vaping “potentially a multi-billion dollar industry.”
So are the predictions for the rise of vaping accurate? Recent studies show that the trend of vape kit users has increased. The CDC revealed in its most recent report that there are 9 million vapers in the US, accounting for 42% of the total number of vapers in the world according to Euromonitor International. The number of users is also increasing in some major markets, including the UK with 2.9 million people. The revenue of online vape shops worldwide to date has reached 650 million dollars.
These numbers are creating a positive picture for the e-cigarette industry as 2017 draws to a close. Research and Markets predicts that the industry will be worth $61 billion by 2025, with a growth rate of 20.8%. In short, 2017 was another huge step forward in the development and stability of the entire vape world.
The growth of electronic cigarettes in 2017
In addition to changes in laws and statistics, the products we love have also undergone many changes this year. While in other years, vape pen starter kits have always been popular, in 2017, vaper tastes have been raised to a higher level.
This year's stage belongs to pod mods, JUUL and PHIX are the two most sought-after products, followed by BO, Boulder, My.VOL ERL... Most famous manufacturers have launched extremely excellent vape pods.
In 2017, pod mods became the iPhone of vaping, smart technology, ease of use, and high quality all wrapped up in a super compact form factor. We can’t wait to see what the vaping world will look like in 2018.
2017: The year of changing perceptions about e-cigarettes
Perhaps the biggest e-cigarette event of 2017 cannot be pinned down to a single moment. This year, we have seen vaping products become accepted as part of modern society. There is more positive research on vaping to bring out the truth about e-cigarettes.
Major events like “Stoptober” in the UK have embraced and encouraged the use of e-cigarettes. While small, the use of vaping by a celebrity like Leonardo DiCaprio and his television appearances on shows like House of Cards and Billions has helped to make vaping more widely accepted.
