New Zealand media nzherald reported on January 10 that New Zealand’s consumption data shows that industries such as swimming pools, live theaters, ticketing agencies, vape shops and duty-free shops have become the highlights of New Zealand’s consumption.
Data released by Worldline shows that December last year set a record for retail spending, and overall New Zealand retail spending in 2023 will reach 36.8 billion New Zealand dollars (approximately US$25.4 billion), an increase of 3.8% from last year. The average transaction value in 2023 was NZ$51.10, down 1.5% from 2022, indicating that consumers were more cautious with their spending last year, despite rising consumer prices.
Spending by live theater and ticketing agents increased by 16.9% compared to last year. Spending at vape shops and massage, health and beauty shops increased 16.5% and 14.1% respectively.
![New Zealand’s consumption will increase sharply in 2023, and the vape industry will experience explosive growth of 16.5%](https://www.veehoo-international.com/wp-content/uploads/2024/01/微信图片_20240110172432-967x1024.png)
According to a report by New Zealand media nzherald on January 10, the latest consumption data shows that New Zealand’s swimming pools, live theaters, ticketing agencies, vape shops and duty-free shops have become the highlights of consumption. At the same time, veehoo vapes, as a member of the industry, are also paying attention to this growth trend.
According to data released by Worldline, New Zealand’s retail spending record was set in December last year, and overall New Zealand retail spending in 2023 reached 36.8 billion New Zealand dollars, an increase of 3.8% over last year. Despite rising consumer prices, the average transaction value in 2023 was NZ$51.10, down 1.5% from 2022. This suggests consumers were more cautious about spending last year.
Spending by live theater and ticketing agents increased by 16.9% in the year-on-year figures. Meanwhile, spending at vape shops and massage, health and beauty shops increased 16.5% and 14.1% respectively. These data show consumers’ increased willingness to invest in leisure, entertainment and health and beauty.
![New Zealand’s consumption will increase sharply in 2023, and the vape industry will experience explosive growth of 16.5%](https://www.veehoo-international.com/wp-content/uploads/2024/01/微信图片_20240110153332-768x1024.jpg)
As a leading brand in the vape industry, veehoo vapes have also benefited from this growth trend. As a supplier of nicotine vapes, veehoo vapes has been committed to providing high-quality, safe and reliable vape products, and advocating for legalization and regulation. Their products comply with international standards and undergo strict quality control and safety inspections to ensure the health and safety of consumers.
The success of Veehoo vapes can be attributed to its focus on understanding consumer needs and market trends. They not only provide vape liquids in various flavors and concentrations to meet the taste preferences of different consumers, but also provide vape equipment in various models and designs to meet consumers’ needs for personalization and fashion.
In addition, veehoo vapes also actively carry out consumer education activities to provide information on the correct use of vapes, potential risks and support for smoking cessation. They build trust and good communication with consumers, helping them make informed choices.
![New Zealand’s consumption will increase sharply in 2023, and the vape industry will experience explosive growth of 16.5%](https://www.veehoo-international.com/wp-content/uploads/2024/01/微信图片_20240110172426-859x1024.png)
The release of New Zealand consumption data shows that the vape industry is gradually emerging in the country’s consumer market. As a leading brand in the industry, veehoo vapes not only benefit from the growing consumer demand for vape products, but also win the trust and support of consumers by focusing on product quality and safety, as well as consumer education.
As New Zealand consumers’ interest in and recognition of vapes continues to grow, veehoo vapes will continue to be committed to providing consumers with high-quality, safe and reliable products, and working with relevant agencies to promote the standardization and legalization of the vape industry . They will continue to lead the industry and meet consumer demand for personalized and fashionable vape products.
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