India’s synthetic nicotine has a good market prospect
Tobacco online, according to Oriental tobacco.com, at present, there are about 106 million adult tobacco consumers in India. Therefore, some multinational tobacco companies have regarded India’s tobacco market as a large market with broad prospects in the world.
According to a research data from an international information consulting company, in 2017, the market valuation of e-cigarettes and steam products in India was only US $15.6 million, but by 2022, it is expected that such Synthetic Nicotine products will have a good market prospect because their annual growth rate in the country is close to 60%.
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