Description
The global E-Liquid Market size was calculated at USD 1.9 Billion in 2021 and is estimated to reach USD 3.4 Billion by 2028, growing at a CAGR of 12.6% from 2022 to 2028. The rising adoption of safer options to smoking across the globe is expected to drive the demand for e-liquid/e-cigarettes over the forecast period. Furthermore, the availability of e-liquids in different flavors such as tobacco, menthol, chocolate, and fruit & nuts is further expected to boost the use of e-liquids. Growing health attention among people, associated with the availability of e-liquids with a low level of toxicants, is further anticipated to propel the market over the forecast period.
