Large vape market in Malaysia
Throughout the world, the top three vape consumer regions in the world are North America, Europe, and Asia. Among them, China, Japan, South Korea, Indonesia, and Malaysia are the major vape consumers in Asia.
vJudging from the 2018 top ten vape market rankings released by the vape industry committee of the China Electronic Chamber of Commerce last year, Malaysia ranked 10th, with a market size of 160 million US dollars. It can be seen that although Malaysia is only a projectile country, the scale of the vape consumer market is surprisingly large and unlimited.
In view of the current FDA's efforts to rectify the vape market, it is expected that the US vape market will inevitably show a downturn in the future. For domestic vape brands and manufacturers, it is a good idea to adjust the market layout as soon as possible. Sooner rather than later, Malaysia is a good choice.
According to surveys, the influencer vape JUUL has targeted the Southeast Asian market and tried to get rid of the dilemma in the US market. At present, JUUL has actively deployed the market in related countries such as Malaysia and the Philippines.