The vaping industry is growing rapidly, both nationally and globally. According to the World Health Organization (WHO), there were approximately seven million vapers worldwide in 2011. By 2016, that number had grown to 35 million in 2016. By 2021, experts expect that number to reach 55 million.
The United States, UK, and Japan are the three biggest markets worldwide for the vaping industry, bringing in a whopping $16.3 billion on vaping products in 2016. If you want to get in on it, here are some vaping trends and stats you need to know.
The Best Vapes
Well, the term “best” is a bit subjective. Depending on your own needs, and whether you prefer a box mod, a large tank, or a drip tip, or a mechanical mod, there are many ways and reasons that a certain vape can be the “best.” However, for the purposes of this article, we’ll take a look at some of the best variable wattage/variable voltage (vw/vv) mods on the market.
SMOK T-Priv 220W
SMOK is already a big name in vaping. Known for their quality and their varying tank sizes, SMOK makes a vape for everyone, from beginner to experienced. The SMOK T-Priv 220W can fire up to 220W using dual 18650 batteries. A variety of colors and the ability to use a variety of tanks make this vaporizer one of the best.
Vaporesso Revenger 220W
Beginning with its looks and ending with performance, this offering from Vaporesso encompasses yet another win from this maker. Running on two 18650 lithium ion batteries, the Revenger offers up to 220w of power and six total output modes. The smart VW mode can even recommend the best output.
Sigelei Kaos Spectrum 230W
Considered by many as the next step in mod design, the Sigelei Kaos Spectrum has a leatherette backing and a colored LED light bezel. Choose from up to 6 colors for ultimate customization or go dark for more stealth. An oversized firing button means you won’t confuse it for the adjustment buttons.
Expect More Technology
The future of vaping is looking to have built in juice storage, such as the Juul brand e-cigarettes. The future is also looking bright with the potential for battery packs instead of multiple batteries. Fingerprint recognition, wifi capabilities for software updates, and touchscreens becoming more standard can be expected in the near future. Expect the vape industry to follow the same trends as the cell phone had tablet industries have in innovative trends.
Continued Industry Growth
An industry that is expected to be worth $61 billion in just 8 short years (2025) doesn’t get there by not offering what its customers want, or by remaining stagnant. Expect changes to come as soon as technology can provide them. Be on the lookout for changing regulations, as well. While the FDA has given the industry some time to sort itself, it will soon be regulated by the agency. As companies like Smok, Sigelei, Storz & Bickel, and Pax continue to push innovation, expect the vape industry to continue its exponential growth.
From the niche market of cannabis giving us dry herb vaporizers and vape pens to the invigorating industry of ultra-sleek, high performance box mods, the vaporizer industry and its innovators – and customers – will continue to drive industry growth.
Michael is a marketing and creative content specialist at GotVape.com with a primary focus on customer satisfaction. Technology and fitness combined with healthy lifestyle obsession are his main talking points