Global E-cigarette Aftermarket Analysis 2016 - Management Consulting Classified Ads in Minneapolis
Tobacco consortiums, recently established vaping associations and regulatory bodies 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 implementation of the Tobacco Product Directive (TPD) by the European Union (EU) is by far the most controversial directive and has taken effect from May 2016. Following the regulations, the companies are expected to bring about drastic changes in their marketing and distribution strategies, which might affect the market growth through the forecast period. Moreover, four of the U.S. states including Minnesota and North Carolina have already imposed taxes on e-cigarettes and accessories, and a similar paradigm is expected to be followed through the forecast years.