Britons are switching to e-cigarettes faster than Europeans, which is no surprise, given that the country itself has embraced vaping as a way to quit smoking .
In 2016, the UK not only publicly announced the use of e-cigarettes as a smoking cessation tool, but also launched many campaigns to encourage smokers to switch to safe smoking cessation products.
He is leading the way in helping people quit smoking.
Their efforts have paid off handsomely, as the latest EY data shows that by 2013, the rate of people switching from cigarettes to vapes had reached one every four minutes . This means that the rate of people suffering from tobacco-related diseases and the costs of taking care of related problems will decrease significantly.
According to the EY report, 4.2 percent of the population, or two million people in the UK, vape, a huge number considering that PHE announced vaping is 95 percent safer than smoking. France has the second highest rate of vapers at 3.1 percent.
“The UK is one of the most favourable environments for e-cigarettes and that reflects the appeal and growth of the product,” added Kingsley Wheaton, managing director of next generation product development at BAT. “The UK Government has created an environment that allows consumers to be fully informed about the product, have access to it and allows manufacturers to continue to innovate and deliver premium vaping products to the market.”
US market still growing despite harsh regulations
On the other side of the world, at the TPE 2017 conference in Las Vegas, Bonnie Herzog, managing director of tobacco, alcohol and convenience store research at Wells Fargo Securities LLC, predicted that e-cigarette sales will reach $4.4 billion in 2017 and $10 billion by 2020 in the United States. The market here will continue to grow steadily despite the strict management of these products.
This article was published on Vapingpost by Diane Caruane and translated by The Vape Club.