As global tobacco control efforts continue to strengthen and consumers place increasing importance on health, e-cigarettes are becoming ever more popular. According to statistics, the global vaping market was worth about US$416 million in 2010, and expand
As global tobacco control efforts continue to intensify and consumers place increasing importance on health, e-cigarettes have become more and more popular. According to statistics, the global e-cigarette market was worth approximately US$416 million in 2010, and expanded to US$7.1 billion by 2016. In just six years, the market grew 17-fold, with a compound annual growth rate as high as 60.5%. The e-cigarette industry is expected to maintain strong growth momentum in the coming years, with the market projected to exceed US$10 billion by 2018. According to China Customs export data for e-cigarettes and accessories from January to December 2017, annual e-cigarette exports reached US$1.37 billion, while accessory exports reached US$860 million, for a total annual export value of about RMB 14.5 billion. Compared with the 2016 annual export figures for e-cigarettes and accessories of US$875 million and US$417 million, this represented an increase of approximately 73%. China is the world’s largest e-cigarette manufacturing base, and e-cigarettes exported from China account for more than 90% of global output. E-cigarette manufacturing has already developed into a mature industrial chain, and the industry has broad prospects. This time, Kaisheng has specially invited a senior industry expert to explain the current state of the e-cigarette market and its future development trends one by one.
Special Guest Advisor
Overseas Market Sales Manager at a large Shenzhen-based e-cigarette company
The advisor entered the consumer electronics industry in 2009. From March 2016 to June 2017, the advisor worked on European channel development at Shenzhen Smoore Technology Co., Ltd., primarily responsible for full-channel sales in Europe (including the UK, France, Germany, Benelux, Italy, Greece, and others) and Southeast Asia, as well as market and competitor analysis, destination market management, and sales channel management. Since June 2017, the advisor has served as Overseas Brand Sales Manager at a major domestic e-cigarette company.
Topics
1. Which well-known domestic e-cigarette factories are there? What types of customer businesses do they serve?
2. Analysis of each company’s characteristics;
3. Analysis of current pain points, bottlenecks, and solutions;
4. Analysis of the overall industry profit model and profit levels;
5. Brief analysis of the companies considered most promising;
6. Analysis of future development trends and market prospects for the e-cigarette industry;
(If you have questions about this session that are of greater interest to you or more specifically targeted, feel free to leave a comment with your mobile number and let us know. We will ask the expert to provide a deeper explanation during the session.)
