The domestic vape industry can be hot again
Since last year's Internet ban policy, vape brands have begun to turn to the front line; however, the next epidemic caused outsiders to basically forget the vape thing.
So where will the domestic vape market go in 2020? We may wish to analyze and predict.
The vape market demand has been proven to have great potential and a broad market. Whether it is online or offline, the vape sales have fully proved the real market demand of vape and the people's pursuit of new things.
Compared with some smokers, vape does have the effect of relieving or detoxifying. And the health risk of qualified vape is far less than cigarettes.
After the release of the banned vape policies of various countries in 2019, most vape brands have now withdrawn from the market. When the one-time vape is the most popular in 2019, there are no less than 3,000 vape brands nationwide. In Shenzhen Shajing, 3,000 orders can be processed on behalf of OEM. The vape of various styles is dazzling.
With the tightening of policies and the emergence of the epidemic, some brands have gradually withdrawn from the market. Even the most popular brands at that time showed up for a few dollars.
At present, the opportunities for own factory brands are still there. While national policies and epidemics have affected brand owners, they have also affected vape production plants. In the second half of 2019, some factories have withdrawn from vape production. Some surviving factories that originally were only foundries began to promote their own brands.
If we do not discuss the policy, from the perspective of the current vape market, vape still has huge room for future development.
First of all, the current popularity of vape has been greatly improved, and it is as small as before. As long as smokers have basically paid attention to vape, there are certain attempts at hospitals.
Second, the gross profit of vape does not decrease but increases. The market price of a one-time vape is between 39 yuan and 59 yuan. There is already a cognitive trend in consumers' brains. So the retail price of one-time vape will not change much. However, with the decrease in heat, the foundry cost of vape has decreased by at least 30% compared with 2019. This has secured greater gross profit margins for automated sales.
Third, the continuous improvement of vape quality and the accumulation of brands will make vape products more and more mature, and the acceptance of smokers will be higher. Many vape brands in 2019 have various defects, such as battery problems, e-liquid problems, poor taste, and battery life problems.
However, by 2020, these problems are gradually improving. I believe that in a few years, vape manufacturers will make a more perfect vape, and e-liquid manufacturers will also make a more perfect e-ci liquid. Defects such as vape will be basically solved perfectly. When the audience is wider, the market will be bigger.
Everything is ready, but now the first thing is to say, if only according to market rules, vape will soon usher in the second wave, but the policies of various countries are the most important factors affecting the vape market Therefore, policy can determine whether the vape market can become hot again.