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Whose Cheese has the Vaping Industry Moved?
2021-11-23



The "vape" was named the Oxford English Dictionary's 2014 word of the year.


Facts have proved that more and more people use electronic cigarettes instead of tobacco, and their bodies become healthier. Some people quit nicotine-containing smoking, no matter e-cigarette or tobacco. This is all due to the use of e-cigarettes.


Statistics show that China Tobacco's total tax and profit in 2018 was 19 times that of Alibaba and 15 times that of Tencent. Tobacco's annual profit is more than RMB 1 trillion. Apple, an iPhone maker that everyone loves, has only China Tobacco's profit one third. In the world, it is difficult for companies to stand up to it. 


There are 1.3 billion smokers in the world, and China has 350 million. At present, more than 60% of adult men in China smoke. Therefore, the market and profits brought by such a large population can be imagined. Today, about 1.3 billion people in the world smoke. 4.9 million people die from smoking every year. Southeast Asia accounts for 110 million. At present, more than 60% of adult men in China smoke, and there are more than 300 million smokers. Among them, at least 100 million smokers over the age of 29 will eventually pay for smoking. Half of these 100 million people will be between 35 and 35 years old. Died at the age of 60. 


As a substitute for cigarettes, e-cigarettes are 90% less harmful than traditional cigarettes, and they are novel, hot, and the market share will naturally not be low. However, when everyone knows that the e-cigarette industry makes money, various public accounts and various attentions have risen. At the time, the e-cigarette market was actually suppressed and restricted. E-cigarettes are in a downturn recently, but the market share still exists. 


Control by the state is also good for regulating the e-cigarette industry, especially in terms of selling to teenager. However, it cannot be used as an excuse to suppress the vaping industry and promote the tobacco industry.


Whose cake was moved, it's obvious.


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