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27

TOBACCO BUSINESS INTERNATIONAL

JANUARY/FEBRUARY 2015

Tobacco outlets will need to find ways to compete with the growing vape shop

retail channel—or to get into the vapor-only retail game themselves.

Vape Shops: A Growing Retail Channel

250

100

12,000

10,000

8,000

6,000

4,000

2,000

0

500

2,000

4,000

10,000+

Sales Volume by Vape Category

(As of June 2014)

$7M

$6M

$5M

$4M

$3M

$2M

$1M

Liquid

$5.9M

$7M

Refill Cartridge

Disposable

$2.4M

Starter Kit

$2M

E-liquid, once virtually nonexistent, is taking a growing share of the vapor market.

Estimated Number of Stores in the U.S.

2010

2011

2012

2013

2014

TODAY