A global leader in innovation as a hyper-connected pro-business hub between the East & the West, Dubai provides unrivalled access to the world’s highest potential economies, and delivers an efficient, secure and future forward network ecosystem for accelerated growth.
In April 2019, the UAE legalised the sale of e-cigarettes and vaping products, opening up a market that is forecast to experience significant growth over the next few years. The Middle East & Africa e-cigarettes market was valued at US$267.9 million in 2018 and is estimated to register CAGR of 9.74% between 2019-2024.
So if you are looking to get a foothold in a new market, the time is now.
Open for business
There are multiple ways manufacturers can access the UAE, wider Middle East and African markets via Dubai, which is at the heart of a region with an estimated population growth of 80% within the next four decades.
This can be achieved by relocating your operations to the emirate, using it as a start-up base, by establishing partnerships or forming agency or franchise agreements. Seeking out the right partner or agent is vital and the World Vape Show will be a prime opportunity to do that.
Re-exporting to the world
Dubai’s trading advantage is its powerful reputation as a re-export and trans-shipment solution, largely via Jebel Ali Port. Jebel Ali offers unparalleled sea connectivity with over 90 weekly services to more than 140 ports of call. It also has intermodal connectivity with sea, land and air. Rail will soon be added to the offering, with Etihad Rail planning a depot within Jebel Ali that will connect the port to the rest of the GCC via rail, further extending the already unprecedented supply chain reach.
For further information on setting up a business or exporting to Dubai visit www.visitdubai.com