Regulation determines the future of vape
What would the vape look like now if it were not regulated? I believe that if there is no supervision from government departments, vape is definitely very popular now, and the market share of vape will be much higher than in previous years. Many vape brands will be competing for a hundred flowers, and new vape products on the market will be updated and iterated rapidly. Modelling emerges in an endless stream, and the technology of vape will become more mature.
Wouldn't it be better if the vape was regulated? The development of vape is inseparable from supervision. After all, this is a product involving personal safety. We have to be cautious. The orderly development of vape in the future is also inseparable from supervision. This happens because the current regulation is basically simple and rude, such as various bans on sales, which will only hit the development of vape. This kind of regulation is not the regulation we want to see.
China produces more than 95% of the world's vape, of which 90% is exported, and about 5% is sold domestically. The domestic consumption market is still vast. In other words, overseas competition will be more intense than domestic market competition. As a country with huge potential and responsible for most of the world's vape production, its regulatory measures will always comprehensively affect the global vape development, so domestic vape supervision We should be more cautious, make good use of our advantages, and play the best role in the country's foreign exchange earnings.
According to the "Analysis Report on Market Demand Forecast and Investment Strategic Planning of China's New Tobacco Products Industry" by the Prospective Industry Research Institute, strong supervision measures are not unique to China, and the overseas supervision situation is also increasing. In 2018, Portugal banned the use of electronic atomization devices in enclosed spaces; in 2019, many states in the United States banned the sale of various forms of non-tobacco flavored vape, and the US Food and Drug Administration also requires that vape be submitted before listing. There are thresholds for the origin and suppliers of e-liquid and vape devices, only licensed e-liquid manufacturers and vape manufacturers can export e-liquid or vape to Korea, if your brand vape or e-liquid wants to When exporting to Korea, you have to ask them to do it for you.
The regulation of vape may be very fast. In some countries, the legality of vape will change in a day. Like last time in Malaysia, vape was legal in the morning, but not in the afternoon. Changes are fast, and there is no advance notice. This is the regulation of vape. It does not know how to influence the trend of the vape market. It directly determines the life and death of the vape market.
At present, there are also many countries that have relatively loose supervision on vape. For example, it is enough to remind people under the age of 18 or 20. Therefore, in some vape online stores, you can directly go in and buy by clicking on your age. There are vape and e-liquid; another example is to control the content of nicotine, as long as your e-liquid does not exceed 2% concentration, it can be sold on the market. These regulations are much looser than those that ban sales at every turn.
Obviously, regulatory policies will have a certain impact on the industry in terms of production, sales, and publicity. At the same time, regulation will also make the threshold for entering vape higher, so that many merchants who want to use the low threshold of vape to make a fortune and run away will dispel their own ideas. These merchants usually only disrupt the market and are not conducive to the long-term and healthy development of vape. have a detrimental effect.
Tobacco provides the country with trillions of tax revenue every year, which is based on high tax revenue. As a competitor of tobacco, it will invade the original tobacco market, and vape does not have high tax revenue, which will lead to a reduction in tax revenue. If the popularity of vape is higher, then the tobacco tax will lose more, so vape will be strictly controlled in the world, and the sales of vape will be banned directly in areas under strict control. It can be seen that the so-called control will directly affect the future of vape. , the increasingly strict regulation will seriously affect the development of vape, loose regulation may accelerate the development of vape, but this development may be a chaotic development.
Prev:The production of e-liquid requires rigour
Next:substances produced by the vape
