vape takes another hit
On November 1, the State Tobacco Monopoly Administration and the State Administration of Market Supervision and Administration issued the "Notice on Prohibiting the Sale of Electronics to Minors." The notice stated that urging vape production and sales companies or individuals to close vape internet sales websites or clients in a timely manner; urging e-commerce platforms to close vape stores in a timely manner and to remove vape products in a timely manner; Cigarette manufacturing and sales companies or individuals withdraw vape announcements made through the Internet.
At this year's 3.15 party, vape was named. It is understood that vape physical stores are declining in Beijing and other places, but online sales have led to counterfeit industry chains. In the vape industry chain, the collusion between ODM, OEM factories and agents and distributors is widely used to make and sell fake products. In Huaqiangbei, the electronic accessories market is becoming saturated. With the hotness of the vape market, stores have begun to sell vape, and some have even become overseas markets.
According to statistics, in 2010, the global vape market size was US $ 416 million, and by 2016, the market capacity had expanded to US $ 7.1 billion. In six years, the vape market capacity expanded 17 times.
Hugo learned that China is not the first country to issue a ban on vape. Earlier this year, the Indian Finance Minister announced that vape would be banned. Prior to this, Brazil and Thailand also issued vape bans. This ban in India covers the production, import, transportation, sales and advertising of vape in India, but does not include the use of vape. Offenders may face up to three years in prison. In addition, this year Trump also issued an vape related ban prohibiting the sale of non-traditional tobacco flavored vape. In June 2019, San Francisco decided to ban the sale of vape across the city, which made San Francisco the first city in the United States to vape. At the same time, a number of companies, including Wal-Mart and Alibaba, have stated that they will suspend the sale of vape products and related accessories to American buyers.
It is reported that AliExpress once banned the sale of vape, but changed the ban to "restricted sales" in 2014. In 2016, the policy was adjusted to prohibit the sale of "e-liquid", "smokers and related accessories". It is also forbidden for sellers to misuse e-liquid keywords or display e-liquid. Rectification will be carried out from now on. Violators will be punished according to the situation. The maximum penalty is 6 points.
eBay has released its life this year. According to the vape policy of the eBay Germany site and relevant German and EU laws, eBay issued a notice that sellers must meet all the following requirements and requirements in order to publish and sell vape on the eBay Germany site vape related accessories.
It is understood that 90% of the world's vapes are currently made in China. There are two types of mainstream vapes in the world, e-liquid vape represented by BLU and VUSE, and heating non-combustion vape represented by IQOS. Beginning in 2014, Philip Morris International launched IQOS vape in Japan. This type of heated non-combustible vape uses a cartridge containing real tobacco. China Tobacco companies around the world have also begun to develop and produce heating non-combustion vape for export overseas.
At present, there are up to 500 domestic vape manufacturers, participating in nearly 90% of global vape manufacturing, mainly focusing on upstream component manufacturing, such as vape chip design manufacturer Yihai Electronics, e-liquid manufacturer hangboo bio, There are also dozens of major manufacturers in batteries, cotton wool, heating wires and hardware plastics.
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