Vinyl is in my opinion the best way to quickly change a color and provide protection to the mod under it, done correctly it can look pretty spectacular.
For reference, many manufacturers will supply a $0.99 3"x5" sample of vinyl, this is large enough to wrap most tube mods(Ex:
Hexis Skintac HX30000 Vinyl Wrap Sample 3in x 5in). Wrapping vehicles is sort of a thing I do, so I always have access to a crap ton of samples and scraps to choose from. Application can take a few tries if you've never done it, you will definitely need a cutting surface and a very sharp fine point razor blade to do the job properly, I choose to use Olfa 30° blades because it's what many professionals choose to use when wrapping cars, I would advise
against using an X-acto knife as the blades dull very quickly and to get a clean precise cut you
must have a sharp blade edge.
I've wrapped a number of my vapes and it always seems to hold up pretty well, if you do it correctly it can be a fantastic way to accent mods. Here's two that I have handy right now my Lethal clone, wrapped in 3M Atomic Teal and my Nemesis clone, wrapped in Hexis gloss taupe grey fine grain leather vinyl.
The Lethal started out boring black, the Nemesis is brass underneath and I chose the leather initially because it's thick and I wanted to wrap over the tube seam, I ended up really liking how the leather texture gives traction to it in my hand, plus it now appears to be a solid 18650 tube, which I much prefer.
Close up of that Hexis simulated leather texture, it's quite nice.
You can get lost in the available vinyl colors and the custom printed options are literally endless, you can laminate a transparent color on top of a different color to achieve different effects, they even have numerous clear sparkle/glitter laminates. Really a huge huge selection, my choice would be metro restyling as I've had good customer service with them for small and large orders -
Metro Restyling - Leader in Color Change Wrap Vinyl