The beginning of the end for combustible cigarettes?

 

(CSP) One fact was clear to attendees of the second annual Wells Fargo Securities E-Cig Conference: Although innovation in this segment of the tobacco industry is still young, electronic cigarette and vapor products are evolving rapidly.
"This industry has staying power and will continue to be disruptive to the tobacco industry," Bonnie Herzog, managing director of tobacco, beverage and convenience store research at Wells Fargo Securities, said during her opening remarks.
Growth of e-products can be seen in the size of the U.S. market — which grew from approximately $1.8 billion to $2.6 billion over the last year — and through events such as "vape" being chosen as the word of the year for 2014, as CSNews Online previously reported. Continued