Friday 6 July 2012

Massive growth within the E-cigarettes market

According to a recent report by a global financial services company, the electronic cigarette industry is currently experiencing an economical growth spurt. Based on the information acquired from reports, we’ve compiled the top five reasons why the e cigarette industry isn’t built upon a whim.

#5 – Health benefits – Although e cigarettes aren’t specifically “stop smoking” devices, the health implications are big, considering that tobacco cigarettes contain more than 4,000 dangerous chemicals like carbon monoxide that are not found in electronic cigarette vapor.  Imagine the impact this would have on the 1 billion worldwide smokers, as reported by the World Health Organisation.  The report also states that 79 percent of polled participants made return e cigarette purchases, and another 62 percent report smoking fewer traditional cigarettes because of the electronic variety.

#4 – Ease of purchase – 2012 has already seen dozens of companies release disposable e cigarettes, including INCIG’s new Eson range.  Most are available via the internet and some companies have now chosen to open up actual e-cigarette shops.

#3 – The cost factor – Although startup costs seem high, studies now show that a tobacco smoker will end up burning over £2000 a year on traditional cigarettes, while an e smoker could spend as little as £400 annually.

#2 – Proven staying power – Since the advent of the digital smoke, electronic cigarettes have seen triple-digit growth.  Couple that with a less-than-stellar performance by Nicotine Replacement Therapy products, such as patches and nicotine gums and it becomes evident that e cigs aren’t just a fad.

#1 – Convenience – Consumers have spoken, and they’re ecstatic about using their e cigs anywhere and everywhere. 

What are your thoughts on the electronic cigarette industry growth spurt?  Tell us in our INCIG comment's box on our main web site!.

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