E-Liquid Market size was valued at USD 1.3 Billion in 2020 and is projected to reach USD 3.4 Billion by 2028, growing at a CAGR of 12.6% from 2021 to 2028.
E-liquid is a fluid used in electronic nicotine delivery systems products to produce smoke. It is warmed-up to create an aerosol that the person inhales to copy the sensation of smoking tobacco.
It is mainly made using ingredients, such as propylene glycol, water, and vegetable glycerin. In today’s market, various producers are offering e-liquid in some variety of nicotine strengths and natural flavours that depends on the personal preferences of users. The Global E-Liquid Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Verified Market Research – 2022-01-22.