Electronic cigarette market is just around the corner.

Electronic cigarette market is just around the corner.

The Food and Drug Administration (FDA) said Wednesday it was considering setting mandatory product standards for nicotine products from e-cigarettes and other Vaporizer to further protect public health. Analysts believe that the biggest obstacle to the development of e-cigarettes is the lack of policy supervision, and the FDA's proposed standard will accelerate the withdrawal of many small and medium-sized enterprises from competition, conducive to a healthier industry development, market startup is expected.

Product regulation will promote industry reshuffle

Mitchell Zeller, director of the Tobacco Department of the Food and Drug Administration (FDA), said establishing product specifications for e-cigarettes would be the focus of the FDA's work in the coming years. The contents include the establishment of new product approval standards for Vaporizer, the supervision of Vaporizer on the market and product compliance.

This is another step taken by the US FDA after the introduction of the strictest electronic cigarette regulation this year. In April, the FDA issued regulations banning the sale of e-cigarettes to minors under the age of 18, but did not restrict multiple flavors of e-cigarettes, nor did it ban e-cigarette marketing or advertising on the Internet.

At present, the biggest obstacle to the development of electronic cigarette is lack of policy supervision. The FDA's proposed standard will further clarify the regulatory policy and promote the industry's emphasis on the quality of e-cigarettes, which will accelerate the withdrawal of many small and medium-sized enterprises from competition, leading enterprises benefit from the industry shuffle, which is conducive to the healthy development of the industry.

The scale of the market is more than 100 billion.

The Japanese tobacco company announced Wednesday that it will acquire E-Lites, the UK's leading electronic cigarette maker, to enter the fast-growing tobacco alternative market, according to online information. Japan Tobacco said it had agreed to acquire all the shares of E-Lites parent Zandera.

According to the China Electronic Cigarette Market Assessment and Development Prospect Forecast Report 2013-2017 published by China Industry Research Reporting Network, Vaporizer have become more and more popular in recent years with the intensification of global tobacco control and the increasing attention of consumers to health, and the domestic electronic cigarette market has also appeared. More and more signs of fire. In the face of China's 350 million smokers, the industry predicts that China's electronic cigarette market is expected to become the world's largest market.

Vaporizer online believe that, in the context of increasingly severe tobacco control, Vaporizer because of its relatively traditional cigarettes with low hazards and high cost-effective characteristics, the traditional cigarettes have good substitution. China has more than 300 million smokers. Conservatively, if 10% of smokers are willing to accept e-cigarettes, the consumption of the same amount of e-cigarettes can reach more than 7 billion a year, and the market size can reach more than 100 billion, so there is a huge room for growth.

Electronic cigarette market is just around the corner.

At the National Tobacco Work Conference in 2014, the State Tobacco Administration said that it should grasp the development trend of international tobacco market, attach great importance to the research and development of new tobacco products, including Vaporizer, and upgrade them to a strategic and important issue. The main leadership of the State Tobacco Administration should carry out overall promotion work. The industry believes that the domestic electronic cigarette market is expected to make substantial progress.

Vaporizer will be the trend of the global tobacco industry, and the electronic cigarette sector is beginning to be gradually concerned by market funds. After all, e-cigarettes are healthier and more environmentally friendly. Compared with traditional tobacco, e-cigarette sales will double in the future. It is expected that e-cigarettes will reach hundreds of billions of dollars.