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GFN.TV Interviews #90 | BLACK MARKET MAJORITY | 76% of Global Vaping Is Now Illicit episode artwork

EPISODE · Jun 26, 2026 · 27 MIN

GFN.TV Interviews #90 | BLACK MARKET MAJORITY | 76% of Global Vaping Is Now Illicit

from GFN News · host GFN.TV

Over seven out of every ten vapes sold worldwide now come from the illicit market. Worth an astounding $47 billion USD annually, the global black market for vaping products accounts for 76% of all vapes sold, dwarfing the legal trade and proving restrictions largely ineffective. Shot on location at GFN 2026 in Warsaw, Poland, Shane MacGuill of Euromonitor International explains how taxes, restrictions, product bans, and regulatory barriers are driving consumers into illicit markets around the world. Featuring: SHANE MACGUILL Global Lead, Nicotine & Cannabis Euromonitor International euromonitor.com @ShaneMacGuill

What this episode covers

Over seven out of every ten vapes sold worldwide now come from the illicit market. Worth an astounding $47 billion USD annually, the global black market for vaping products accounts for 76% of all vapes sold, dwarfing the legal trade and proving restrictions largely ineffective. Shot on location at GFN 2026 in Warsaw, Poland, Shane MacGuill of Euromonitor International explains how taxes, restrictions, product bans, and regulatory barriers are driving consumers into illicit markets around the world. Featuring: SHANE MACGUILL Global Lead, Nicotine & Cannabis Euromonitor International euromonitor.com @ShaneMacGuill

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GFN.TV Interviews #90 | BLACK MARKET MAJORITY | 76% of Global Vaping Is Now Illicit

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This episode is 27 minutes long.

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This episode was published on June 26, 2026.

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Over seven out of every ten vapes sold worldwide now come from the illicit market. Worth an astounding $47 billion USD annually, the global black market for vaping products accounts for 76% of all vapes sold, dwarfing the legal trade and proving...

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