The tobacco industry is booming! It went from a few million dollar industry last 2010 to a whooping $1.7 billion industry last 2013. This 2014, Analyst Bonnie Herzog of Wells Fargo Securities said that the industry might score more than $3 billion in sales through traditional stores and online sales of electronic cigarettes.
All of these did not come as a surprise to us as we know for a fact that Electronic cigarettes are far better alternative to smoking. With the wide array of benefits that it can give you including more freedom to smoke it, no more tar, no more body odor, environment friendly and most importantly a healthier life without all the harmful cancer causing chemicals that traditional cigarettes have.
Now the question that everybody is asking is that “Will E-Cig Sales Outpace Tobacco?”
Even with an already high percentage of growth, E-cig sales are still just a tiny percentage compare to the sales of traditional cigarettes all over the world. It still hasn’t even scratch the surface of the tobacco industry but the rapid growth is a positive sign that many someday, these smart alternatives would not be the alternatives but already the mainstream. As a vaping enthusiast, we do hope this happen and we will have a better community without smoke. The statistical growth is not the only sign that E-cigarettes can probably outshine tobacco in near future.
First, traditional tobacco manufacturers are already having interest on the trend. In fact, last 2012, Lorillard one of the biggest tobacco player maker of brands such as Newport and Kent had purchase Blu cigs, one of the top-selling e-cigarette brands. Nowadays, Blu cigs are more powerful than ever as it can now be find at any gas stations and groceries in the US. Attention: Try Blu cigs today at a discounted price by using this Blu cigs coupon we found at CDCsupplychain.com, get as much as 25% your total bill when you use this Blu cigs coupon code. Other tobacco companies that are taking its fair share in the E-cig market are June Reynolds America maker of Camel cigarettes, Altria makers of Phillip Morris and many more. Other brands such as Zigzag partnered with V2 cigs to make a E-liquid that taste like their cigarettes and exclusively sell it to people.
Secondly. celebrities and big personalities are also helping in the growth of E-cigarettes. Many celebrities are promoting the use of E-cigarettes like Katherine Heigl who guest star in the David Letterman show and vapers her way on TV, she even gave a great speech about E-cigarettes. Celebrities are also caught during their private times to be vaping like Leonardo Di Carpio, Charli Sheen, Paris Hilton and more. E-cigarettes are also being used as props now in both movies and television shows. “The tourist” shows Johnny Deep vaping at the train and “Two Broke Girls” introduced their new character Sophie with an electronic cigarette on her hands.
It’s not all positive though as there’s an enormous amount of scrutiny and criticism being placed on the electronic cigarette industry nowadays by FDA and government institutions. The reason for this is unclear as we cant see why they want to stop something that can save lives and make a better environment. Some of our hunch are, they are jealous of the success of E-cigarettes and want to tax it as high as tobacco tax, they dont want the tobacco industry to go down as their tax remittance would also go down, they are jealous of too much freedom of E-cigarettes so they want to regulate it. One thing is for certain though, these regulations are not going to help the industry, and consumers could be left with higher prices and reduced selection. Last week, the Wall Street Journal reported that the FDA had recently discussed a possible ban on the online sale of e-cigs to prevent sales to minors. Luckily, as of today, these instances are still not hindering the success of E-cigarettes. However, it’s for sure that without all these negative comments, E-cigarette industry would even be bigger.
In conclusion, E-cigs industry nowadays is still fairly small compare to tobacco industry. However, electronic cigarettes are wonderful devices and we believe that there will be a time that it can outspace Tobacco sales. So watch out!