The e-cigarette market is expanding, as the number of vapers rises. According to the latest figures from the World Health Organization, the number of vapers has increased rapidly - from approximately seven million in 2011 to 35 million in 2016.
Market research group Euromonitor estimates that the number of adults who vape will reach up to 55 million by 2021. The global e-cig products market is now estimated to be worth $22.6bn (£17.1bn) - up from $4.2bn just five years ago.
Last week in Madrid, Hangsen International Group, held a private VIP event in spirit of the Chinese New Year and to celebrate the company’s success in the global e-cig market over the past year. Hangsen’s customer list includes popular names in the vaping business including Eciglogistica, Vaperalia, Amber Importaciones, Blue Horse, Universal, Premier Ecigs, Sgice Electronic Cigarettes, Fumador and Meisterfids gmbh.
With over 50,000 global social media followers and increased recognition for Hangsen’s latest brand iQ (innovative pod systems for vaping), Hank Yao, Vice President and Jim Yu, Director UK and EU, plan to launch a new product, the iQ One – the brand’s most innovative, powerful and most-loved (by our customers at the event) pod system as yet. Moreover, Hangsen International Group is all set to launch an exclusive CBD range of liquids, oils and CBD-efficient devices.
Establishing itself as an anti-smoking brand, Hangsen endeavours to start a revolution that helps everyone rethink quitting and become smokefree.