E-CIGARETTE AND VAPE MARKET challenges and opportunities

The global e-cigarette and vape market have been facing significant regulatory challenges and restrictions on e-cigarette sales in various regions. Many countries have either outright banned or imposed stringent regulations on the manufacturing and sale of e-cigarettes due to health concerns. For instance, countries like Brazil, Thailand, Singapore, etc. have imposed a complete ban on the sale and usage of e-cigarettes. Even in regions where e-cigarette sales are allowed, they are strictly regulated. For example, the U.S. FDA has imposed regulations like banning sales to minors and restrictions on marketing and advertising.