The Steady but Shocking Growth of the Vaping Industry

The vaping industry has taken the world by storm over the past few years. With more individuals vaping and encouraging their friends to join, the industry has undergone steady growth. At the same time, there is shocking development when you look at charts and statistics.

 

Statistics

The statistical growth of the vaping industry is truly impressive. Since 2010, there has been a 240% increase in sales of cigarettes and other vaping products. Considering that this is a worldwide trend, vaping has become a discipline that is available to a huge demographic. These statistics are calculated on a monthly basis by the national federation. By tracking sales and distribution centers, they have concluded that vaping is skyrocketing at this incredible rate. Young individuals are nearly twice as likely to engage in these practices today. In addition, vaping is not restricted to upper or middle classes. Because manufacturers are becoming more efficient with their tools, vape materials are ready for use by nearly anybody. This type of growth was unforeseen until 2017. Just this year, the FDA has recognized vaping as a healthy alternative to other practices. With validation from these sorts of statistics, the vaping industry is ready to continue an upward trend.

 

Year to Year

From year to year, the vaping industry takes off at predictable rates. In the winter, growth tends to stagnate because the weather is not favorable for vaping. In the summer, the industry accelerates because the summer is warm and people have more free time. Overall, this leads to predictable, steady progress for every fiscal year. In particular, vaping accessories have become increasingly popular in 2016. This is a natural tendency, as there are now state of the art accessories that are available to even regular consumers. Users can use a vape battery charger to cover batteries when on a road trip. If you are worried about storage, specially designed cases can hold your vaporizer steady through wind and rain. Growth has come in the form of safety, which is paramount when dealing with a subject of this matter. As new products come out, people are eager to jump at these opportunities. Since the turn of the decade, there have been few surprises that analysts have not been able to account for. Vaping is the past, present, and future.

 

Implications of Growth

Few pundits predicted such growth of the vaping industry. This trend has significant implications in the future for schools, businesses, and public areas. The government will have to readjust vaping laws to account for this modernization. The current handbook is unfamiliar with much of the latest terminology, so updates are very necessary. Once these changes go through, there won’t be any confusion as to where vaping is and is not allowed. In public spaces, there will be visible signs to enforce these laws. While this might sound problematic for chronic vapers, the regulations will be within reason. The government wants to uphold the current status of vaping while giving users more options for the long term. All things considered, it will be a vast improvement over what we have now. This marks a milestone in the steady growth of the vaping industry. There are nearly no limitations to the potential of growth. As more and more people recognize this practice, they will be apt to accept it into a daily lifestyle. With such shocking growth, we could see a society where vaping is the norm.

 

With so many aspects to the vaping industry, it can be difficult to track growth. Nevertheless, all things considered, it is expanding at a steady, shocking rate. Experts predict great things in the future and exciting additions to the industry.

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