The rise of e-cigarettes and RELX Technology

The use of electronic cigarettes has surged worldwide over the past decade, with the global market valued at US$10.3B in 2018 and expected to grow at a CAGR of 24.9% from 2019 to 2025 per multiple reports. Though there are several major players in the vaping industry, most of them owned by tobacco companies, one recent independent entrant, RELX Technology – pronounced “relax” – has stood out from the competition.