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Everyone talks about the future trend of vapes

Views: 773 Update date: Oct 13,2018

For the future development trend of vapes, domestic leading enterprises will give affirmation and confidence, focusing on strengthening R&D, independent brands, capital integration and market layout. On October 1st, guided by the Electronic Commerce Committee of China Electronics Chamber of Commerce, Li Zhan Huabo Exhibition (Shenzhen) Co., Ltd. hosted a three-day 2018 China (Shenzhen) International Electronic Cigarette Exhibition, hundreds of first-line electronic cigarettes The new product was stunningly presented, and the summit forum hosted by Lin Hanzhong, vice president of the Electronic Commerce Committee of the China Electronics Chamber of Commerce, attracted international vape industry associations and international friends from Germany, Canada, Indonesia, Malaysia, and the United States.

Shenzhen Electronic Cigarette Exhibition

In 2018, the development of the global vape industry tends to ease, strive for progress, and improve quality. Especially in the second half of the year, the market will face a new round of reshuffle. In 2019, it will fully enter the “quality year” and will also be in the future. Form a development situation that wins with quality, innovation with model, and technology-driven. In terms of industrial supervision, countries around the world have introduced corresponding guidance and permission measures. Germany, Canada, Indonesia and other countries have rigorous and open industry supervision from the complete prohibition to partial permission to issue licenses.

At the summit forum, the president of the Canadian Association, the Secretary of the Indonesian Association, the organizer of the German Electronic Cigarette Show, Thomas, and the international network stars Michael Lee, Ou Junxi, Huang Guihua, Liu Xiang, Wang Xizhi and other important guests discussed the global industrial policy on vapes. In terms of market conditions and development trends, let's take a look at the vape industry.

Daniel David, President of the Canadian Electronic Cigarette Association (ECTA): The legalization of electronic cigarettes in Canada has caused a surge in the market

At the meeting, Daniel David, president of the Canadian Electronic Cigarette Association (ECTA), introduced the regulatory policies, market status and future recommendations of vapes in Canada. Daniel David believes that the Canadian Tobacco Act's S-5 Act is licensed to sell atomized products to people aged 18 and over, but restricts their promotion, including bans on all lifestyle advertisements and sponsorship and celebrity endorsements. The implementation of this policy marks the official legalization of the Canadian vape market this year. If it is allowed to add “smokers to the product label, it is a relatively small hazard to replace it with vapes”. Since then, the market sales have risen sharply.

In the Canadian market, there are 923 existing vape franchise stores, 107 integrated stores, 75 large-scale smoke oil producers, 12 small and medium-sized hardware manufacturers, local tobacco oil share of 85%, and international tobacco oil share of 15%. However, this does not affect the development of the local market in Canada, especially in Ontario, which represents 41% of the physical store industry. The number of physical stores in Ontario is increasing at a rate of 50% per year. The flavor of fruit, nicotine and ice cream is occupied by smoke oil. Canada has 95% market share.

In the future development, the ECTA Association will focus on four aspects of Canadian vape norms, such as understanding and researching the standard system applicable to the industry, establishing nationally recognized industry standards, and guiding members to pass the compliance process to ensure auditing. And review support, work with the Canadian government to ensure that the law is appropriate and correct.

Edy, Secretary-General of the Indonesian Electronic Cigarette Association (APVI): Legalization of electronic cigarettes in Indonesia leads to market regulation, and subsequent improvement

Edy, the secretary general of the Indonesian Electronic Cigarette Association (APVI), highlighted the issue of 57% of Indonesia's consumer tariff and consumption tax taxable merchant (NPPBKC) license, officially levying vape tariffs on July 1 and the Indonesian government on July 18. After the official launch of the first vape business license, the Indonesian vape market was officially legalized. In Indonesia, the annual sales volume of physical stores is 3.5 trillion rupees, the annual sales of tobacco oil is 3-4 million bottles, the number of users in 2017 is 900,000, and the number of active users is 650,000. Edy believes that in the future development, it should Standardized management of tariffs, market-directed education, tobacco oil capacity, local market protection, certification standards, product warning labels, minimum nicotine, advertising, product classification, and streamlined production processes.

Thomas, the organizer of the Berlin Electronic Cigarette Show, and the international network red man Michael Lee: What kind of electronic cigarettes do European and American users need?

Thomas, the organizer of the Intersteam in Berlin, and Michael Lee, the international network star, introduced the current situation of the European and American markets, user preferences, and future product trends. Most users choose the product with a sense of technology and a modern and futuristic design. High-performance, compact electronic cigarette products are often the most attractive and attractive users.