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An Overview of the Electronic Cigarette Industry by Andrew Stratton






An Overview of the Electronic Cigarette Industry by
Article Posted: 12/18/2013
Article Views: 96
Articles Written: 5522
Word Count: 442
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An Overview of the Electronic Cigarette Industry


 
Business
The dangers of smoking tobacco products are evident from the many medical studies and media campaigns dedicated to explaining the hazardous effects smoking will have on a person's health. This has led to market growth in alternatives to traditional cigarettes; namely, the electronic cigarette. Wells Fargo has called this business a "game changer," while CitiGroup considers it one of the ten technologies or ideas most capable of creating an entirely new market.

An electronic cigarette is battery-powered, and consists of a small vaporizer that heats up quickly and transforms liquid to gas, which is then inhaled by the smoker. A wicking material draws the liquid into the vaporizer. Once the device is plugged in and turned on, a metal coil wrapped around the vaporizer quickly heats up and begins the vaporization process. The liquid inside electric cigarettes is also available in a variety of flavors, which makes it very popular with younger people.

Many manufacturers have begun producing an electronic cigarette version to provide an alternative to traditional tobacco products, and smokers are starting to make the switch. It's estimated that one in five adult smokers have used these products. In 2013, the retail sale of these products exceeded $1.8 billion dollars. The reasons why many are switching? For one there is no smoke inhalation. There is also no staining of the fingers and teeth, no risk of burning or scorching, and no offensive odor left behind after the smoker has finished smoking.

As of right now, there are no regulations or laws surrounding the manufacture and sale of these products, as there are for traditional tobacco products. This means that anyone can produce them without observing industry safety and manufacturing standards, which may put buyers at risk if they don't purchase the devices from a reputable seller.

However, as these products continue spiking in popularity, industry observers are fairly certain that regulations will eventually be drawn up, which could drastically change the industry and shut down many small-time manufacturers who do not comply with safety and product guidelines. One likely regulation will govern what chemicals can go into the liquid that goes inside the vaporizer. Without regulations in place, there is the potential that dangerous chemicals could be added into the liquid and pose health risks to smokers.

The rise in popularity has also piqued the interest of tobacco companies, who are looking into buying into the market to replace lost profits from the declining sales of traditional tobacco products.

Are you interested in trying an electronic cigarette? Michigan smokers can get everything they need to make the switch at Kalamazoo Vapor Shop. For more information, visit: http://kalamazoovaporshop.com.

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