Vape Sales in the US Rise Rapidly as Prices Fall
Vape sales are related to channels, product innovation, publicity, price, product quality, policies, laws & bans and so on. Federal health researchers in the US have said that sales of US e-cigarettes and similar vape products have risen rapidly in the past five years as prices have fallen.
Of course, this conclusion is not empty talk or by feeling. According to NBC, this conclusion uses retail scanner data from 48 states and Washington to analyze sales and prices of e-cigarette products from 2012 to 2017.
The research team found that the average monthly sales of e-cigarette products increased by 132% from 2012 to 2017.
In the vape kit, sales of rechargeable products increased by 154%, while prices fell by 48%. The price of disposables fell by 14% and sales increased by 27%.
Sales of pre-loaded cartridges increased by 256%, while prices fell by 12%. The vape juice series increased by 64%, and prices did not change.