Operating The Vape Industry Through Adversity0

• Business News, Technology
• 29th April 2020

Remaining one of the most talked about and contentious industries in the world, vaping is one of the fastest growing sectors in the history of retail. Coming to prominence in around 2003, Chinese pharmacist Hon Lik’s invention of the e-cigarette became a new way to consume nicotine in a harm-reducing format. This was influenced after the death of his father to lung cancer, as well as to combat his own cigarette addiction. Since then, vaping has snowballed year on year to become a juggernaut business of its own. It’s estimated the vape industry was worth approximately $14 billion as of 2018, with it widely expecting to exceed the $29 billion mark come 2022.