INDUSTRY NEWS

2023 Vaper Expo UK is about to kick off the market 

competition quietly accelerated

MAXFEL brings new products to "Birmingham" again

MAXFEL: Strengthening Overseas Markets, Benefits 

Against the Trend

MAXFEL: Continuing to Develop Overseas Markets to 

Enhance the Brand's International Image

According to the data released in the "Blue Book of E-Cigarette Industry Export 2022", the 

global e-cigarette market size is expected to exceed USD 108 billion in 2022, with regions

 such as North America, Europe, and Russia dominating the global e-cigarette market. In 

terms of market penetration, the U.S. penetration rate is expected to reach 30%, the U.K. is 

expected to be 27.6%, while France and Italy are 17.5% and 11.5% respectively.

MAXFEL presents cutting-edge technology and innovative strength, interprets the

 globalization development strategy and the concept of green development with the

 themes of "Hardcore Technology, Fogging Life, Brand Culture, Corporate Social 

Responsibility", and brings a variety of global new products such as TWINS, FEELIN, 

SUPER SOUL, and MAX BAR to show up and release!

According to the "2022 e-cigarette industry export blue book" data shows that in 2021, the 

global e-cigarette market is growing at a high speed, the market size of 80 billion U.S. dollars, 

a year-on-year growth of 120.39%. 2022, the global e-cigarette market size will be more than 

108 billion U.S. dollars, it is expected that the size of the overseas e-cigarette market in 2022 

will maintain the growth rate of 35%, and the total size of the market to break through the 

100 billion U.S. dollars .

According to the "2021 global e-cigarette market penetration rate by country" data released

by AiMedia Consulting, ranked first in the United States, its penetration rate of 38%, the 

second Japan penetration rate of 30.3%, compared to the domestic market penetration rate 

of only 1.5%, at the end of the major e-cigarette consumer countries; also according to the

 "2021 E-cigarette Blue Book", the domestic retail sales of e-cigarettes in 2021 are estimated 

at 19.7 billion yuan, while the export value is as high as 138.3 billion yuan.