The impact of vape policy on domestic vape factories

At present, China’s vape policy has a big impact on domestic vape factories? Can be sure: not big. Why is that?

The main reasons are as follows:

1. China produces 90% of the world's electronic cigarette products, but the domestic sales of electronic cigarette products only account for 10%, which means that even if the domestic sales of electronic cigarette products are completely banned, the impact will not be very large.

2. The vape policy is mainly for e-liquid. Whether it is domestic or foreign, the target of embargo is e-liquid, especially nicotine vape. If it is not prohibited, it may be controlled and classified into prescription drug sales. The United States even has to control the sale of flavored e-liquids.

At present, the vape market can be said to be disorderly and unregulated, and the vape policy has not been improved. Although the current vape standards have just been submitted, they have not yet been officially announced. Beijing, Hangzhou, and Shenzhen have also included vapes in the management of tobacco control. It can be said that the vape policy is slowly coming, and I believe that the policy will cover the whole of China in the near future.

The impact on China's vapes is rather a foreign vape policy. For example, in March and April last year, Malaysia's demand for vapes surged. As a result of this, Shenzhen suddenly emerged 500 factories. However, only a few months ago, as vapes affected traditional tobacco companies and Malaysia introduced relevant restrictions, the market immediately calmed down.

The impact on China should be the European and American markets and the Japanese market. These countries are the main exporters of vapes in China. They have also come up with vape regulatory proposals. Once those strict proposals are passed, the domestic vapes The influence of the manufacturer is huge.

At present, there is no strict control over the domestic vape policy. It is mainly because in China, vape users are still niche products. It is difficult for us to see people who smoke vapes in public, so the so-called control is not The urgent need is now.

In addition, the sales of electronic cigarettes in China account for only 1% of cigarettes, and have no effect on domestic cigarette sales and taxation. This is also the root cause of the delay in the implementation of China's vape policy.