Technology research firm Technavio has released a report on the UK electronic cigarette market from 2021-2025, forecasting an annual growth rate of 13% with a current year-on-year growth rate of 12.20%. The report also predicts a market size growth of $1.2 billion by 2025. The UK electronic cigarette market is segmented by product (modular, reusable, and disposable) and distribution channel (online and offline).
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The latest market research report by Technavio has announced that the electronic cigarette market in the UK is fragmented and suppliers are deploying growth strategies such as product launches and business expansion to compete in the market. The report mainly introduces companies such as British American Tobacco, Imperial Tobacco, Innokin, J WELL, Japan Tobacco, JUUL, Pax Labs, Philip Morris International, Chinese Shenzhen IVPS and Shenzhen KangEr Technology.
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