Company dynamics

water dripping from furnace vent pipe

    There are also great opportunities for change."Fang summed up the development of the e-cigarette industry in 2019.People outside heard the sound of e-cigarettes, and some practitioners lost confidence under the strict supervision.Fang hui disagrees with the failure of singing.The e-cigarette industry still has a chance.

  E-cigarettes are an ideal alternative to cigarettes.According to a study led by the department of health, e-cigarettes are 95 percent less harmful than traditional tobacco.In addition to the above conclusions, there is a large amount of literature and experiments cool water pipes to prove the safety of e-cigarettes.Platinum has a nicotine-salt laboratory in New Jersey that is studying the potential effects of e-cigarettes on the human body, Dr. Fang said.

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  Zhang gengbin believes that the rise of e-cigarettes in China is only about five years, the experience is still shallow, the market is not mature, the development of setbacks is inevitable.

  In the short term, the Internet ban has caused huge industry turmoil, and it is normal for the outside world and the entire industry to panic.However, to extend the time to 5-10 years, this consumer trend is unstoppable, and strict regulation has enabled the industry to return to a low-key and orderly state, with greater opportunities for development in the future.Zhang said.

  Ken agrees that e-cigarettes will have a great opportunity in the future.E-cigarettes are not an accessory, but they are becoming a daily necessity for users, like buying toothpaste and shampoo."As long as the policy is stable and the market is reasonable, there are still glass bongs good opportunities for competition," he said.

  "As long as a product is on the market, people will want to buy it even if the outside world doesn't sing well, even if it's insulting," he said flatly.This proves that there is a market for this product, and look at how you find these target consumers.

  The global market has been expanding since the introduction of e-cigarettes in 2004, with sales of about $24.7 billion in 2018 and the number of users growing rapidly from 7 million in 2011 to 40 million in 2018, and is expected to grow to 64 million in 2022, according to founder securities research.

  That is less than one in ten of the world's smokers.According to the world health organization, the total number of tobacco users worldwide in 2018 was 1.337 billion.

  China has long been the world's largest tobacco country.China now has 350 million smokers and consumes about 50 million boxes of cigarettes a year, or 44 percent of the global total.But penetration is just 0.6 percent in China, compared with 13 percent in the United States, the world's largest consumer market.

  The rapid expansion of the world e-cigarette market, the increase in the number of users and the low permeability in China are all important bases to verify that e-cigarettes have sufficient development potential and can achieve long-term development.

  We see the future development of an industry as good or bad from two perspectives.One is to see if the user is real.Is there demand for e-cigarette products?"It's pretty much proven from past developments, and that's why the industry has been able to grow at a high rate in the last few years," he said.

  Another idea is to look at how countries regulate the industry.At present, Europe is open water pipe material, the regulatory policy and public opinion in the whole UK are the most friendly to e-cigarettes, and now the development is relatively mature.As for the United States, although a ban has been issued, it does not actually kill the industry completely, only to prevent minors from using the products.It only prohibits the sale of fruit and mint flavors, which are aimed at closed systems.Turning on an e-cigarette is fine.".

  In short, in Chen's view, e-cigarettes have enough market potential and users have a real demand.At the same time, the government proposed the regulation of an industry, which actually has a regulatory effect on the industry, and recognized the development of the e-cigarette industry.From these two perspectives, the e-cigarette industry is sure to have a long-term development.

  China's national standard for e-cigarettes has not been promulgated for a long time and is considered an important basis for ending the industry chaos and becoming the "main body" of the industry.Now, e-cigarette companies are waiting for the launch of a national e-cigarette standard.

  "The upcoming national standard, the only mandatory standard for the e-cigarette industry, will play an unprecedented regulatory role in the e-cigarette industry and will greatly enhance market confidence."Fang hui told "bullet finance".

  Zhang gengbin predicted that the future national standard will be a very systematic, comprehensive and perfect standard, which will be effectively supervised from the aspects of product procurement, production, packaging, sales and so on, and further improve the barriers to entry of the industry.By then, capital may be pouring in again and the industry will enter a new phase of development within its control.

  But he does not think national standards will be issued anytime soon because it will take enough time to cool the industry and bring it back to reason.