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submitted 1 year ago by tal@kbin.social to c/europe@feddit.de

Health experts think low tobacco prices, a general tolerance of smoking and changes brought by the pandemic may explain the uptick in cigarette use.

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[-] tal@kbin.social 4 points 1 year ago

Yeah, vaping is growing in the US too.

[-] banana_meccanica@feddit.it -2 points 1 year ago

Vaping is the next to fall, another unhealthy activity that become less cooler year after year.

[-] tal@kbin.social 13 points 1 year ago* (last edited 1 year ago)

I dunno. It's growing pretty quickly globally.

https://www.grandviewresearch.com/industry-analysis/e-cigarette-vaping-market

The global e-cigarette and vape market size was valued at USD 22.45 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 30.6% from 2023 to 2030. The public's growing understanding of e-cigarettes being safer than traditional cigarettes, particularly among younger people, due to numerous studies conducted by medical institutions and associations, is forecasted to fuel market growth. In addition, it is anticipated that the manufacturers’ wide range of customization options, including temperature control and nicotine dosages, will help the product demand. Moreover, growing e-cigarette technologies like pod systems and squonk mods have gained popularity and user adoption in recent years.

Market size value in 2023

USD 28.17 billion

Revenue forecast in 2030

USD 182.84 billion

The anti-smoking movement -- at least in the US -- didn't center around nicotine addiction, but around the negative secondary health effects.

Any similar secondary negative effects for vaping are pretty limited. So it's arguing just against the addiction alone. And I'm not sure that that's an easy case to make.

[-] AnAngryAlpaca@feddit.de 3 points 1 year ago* (last edited 1 year ago)

I dont belive so. Pretty much all the big tobacco companies now also own vaping brands, which are advertised with large budgets - pretty similar to the 80's/90's where smoking companies would spend big money on billboards and magazine ads (look up "popular mechanics" from that time on google books and pay attention to the full page ads), but nowdays it's targeted online ads and influeners.

Vaping is still "new" so its less regulated. Profit margins are high. There is at least one brand that offers a "subscription service" where you get delivered your favorite vaping refills by mail. They will advertise vapes to try to grow their market as long as they can, or as long as regulations don't prevent it. Unfortunately even the goverment suggest to vaping as "healtier" alternative to smoking.

Source: one of my ex-employers for ecommerce solutions with a very flexible moral compass had one of the vaping brands as a customer.

[-] banana_meccanica@feddit.it 0 points 1 year ago

This is very sad. In my area, it's a declining phenomenon. I am convinced anyway that this reality will disappear relatively soon, in less than 20 years.

[-] AnAngryAlpaca@feddit.de 2 points 1 year ago

I don't think it will disappear, because it's intentionally designed to be addictive, making it hard to quit.

[-] banana_meccanica@feddit.it 1 points 1 year ago* (last edited 1 year ago)

You're not wrong. These dependencies will fall at a time when something else will be more important, maybe a global war, or maybe the expected climate change with the end of the world to follow, or who knows maybe aliens or asteroids, anything that distracts a capitalist system of viscid dependencies.

this post was submitted on 02 Sep 2023
176 points (96.8% liked)

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