Guess the future domestic vape policy

In November 2019, China’s domestic vape issued an important policy, which prohibits the sale of vape-related products such as vape, e-liquid, and smoke bombs on the Internet platform. And this is a policy with no buffer time. It will be implemented immediately after it is released. For a time, major domestic vape, e-liquid manufacturers and brands have suffered a major blow.

In particular, 2019 is an eruption period for China's vape. Major new brands have been listed one after another, and various capitals have also invested heavily in the vape industry. But at this critical moment in the development of vape, the policy of banning online sales was released and immediately implemented. The blow to the entire vape industry can be imagined because the entire industry is completely unprepared.

About half a year after the release of the policy, vape manufacturers and brand owners have dumped a large number of them, and even the surviving companies are not happy now.

So I think that the most important factor that affects the development of the vape industry is the policy, which determines the life and death of the entire vape industry. In the future, whether the vape industry can grow, or disappear completely, will all depend on government policies.

I believe that companies or individuals who are still struggling in the vape industry hope that they can predict the future policy on vape, because as long as they have mastered the routing of the policy, they can plan ahead for their own companies or individuals.

What about the future vape policy? Let me talk about my guess.

Speculation 1. Will future vape physical store sales be banned:

I don’t think so in the short term. why? I guess this way, because there are many domestic vape products produced by state-owned tobacco companies in 2019, and state-owned tobacco companies have participated in the vape industry.

Because state-owned tobacco companies participate in the formulation of vape standards, and internal information will be more informed, so as long as these state-owned companies participate in the ranks of vape, offline sales of vape is difficult to be prohibited.

Although offline sales of vapes may not be prohibited, the entry barriers may be introduced. In the future, it may be necessary to apply for government-licensed licenses to sell vapes offline. So for traditional vape companies, the future crisis is still very heavy.

Guess two, will vape be completely removed in the future?

I think there is a great possibility. Although vape comes from China, but after so long, relevant Chinese departments have not conducted in-depth research on the safety of vape. In this way, there is a lot of uncertainty about the vape security statement, and the government's vape policy must refer to vape security. If the authoritative part finally determines that vape is of greater harm, then in the future, the possibility of vape being removed from the market is very high.

Guess three, will vape be levied high taxes?

I think that in the future vape products will be subject to high taxes and fees, why am I so sure?

vape is a smoking cessation and replacement product, and it is also a product that seizes the market with cigarettes. The market portion of cigarettes seized by vape currently does not have high taxes and fees for cigarettes. Then this kind of preempted Will the government give up taxes and fees? Certainly not, I think that the vape market has developed to a certain extent, for example, it accounts for a certain ratio in the cigarette market and the vape industry has matured to a certain degree, then the taxes and fees specially formulated for vape will follow announced.

Prev: South African government will impose health tax on... Next: FDA requires unauthorized vape products must be...