USB Rechargeable E-Cigarette Market 2016 - Management Consulting Classified Ads in Minneapolis
Tobacco consortiums, recently established vaping associations and regulatory bodies which have a significant role to play in the global e-cigarette industry since, the future growth of the market largely depends on the regulatory framework. The proposal of the Tobacco Product Directive (TPD) by the European Union (EU) is by far the most controversial directive and will come into effect by May 2016. Following the proposal, the companies will have to bring about drastic changes in their marketing and distribution strategies, which might affect the market growth through the forecast period. Moreover, 3 states in the U.S. states viz. Minnesota, North Carolina, and Washington have already imposed taxes on e-cigarettes and accessories, and a similar paradigm is expected to be followed through the forecast years.