Hundreds of billions of water heater pipe leak, where to go?


  Smoking is bad for your health."This is a tip that appears on every conventional tobacco company's pack.With increasing health awareness and traditional tobacco taxes, there is no regulatory policy on e-cigarettes, just as there was a trend of lookah glass bongs overnight.

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  In 2003, pharmacist han li, who wanted to quit smoking, created the first real "cigarette e-cigarette". From celebrity leaders to the general public, this "cigarette e-cigarette" quickly spread to the European market and has been using the e-cigarette.But thanks to high prices and the 2008 financial crisis, imperial tobacco sold for $75 million in 2013.

  Perhaps it was a good thing that every employee became a millionaire when the three-year-old e-cigarette company Juul was bought by Marlboro in December 2018 that domestic e-cigarette makers got financing.

  Why is the e-cigarette market so popular?This huge sales market, with the increasing national health awareness, more and more people buy e-cigarettes.Currently, there are 1.3 billion smokers in the world and 350 million in China.

  China is a big producer of e-cigarettes.Since the introduction of e-cigarettes in China in 2003, the number of e-cigarette manufacturers has increased rapidly.China is now the largest producer of lookah glass bongs.Last year, 90 percent of the world's e-cigarette production, 80 percent of which was exported to Europe and the United States.

  According to the world tobacco development report 2017, the global e-cigarette market has reached us $12 billion, of which 94% is overseas market.The global e-cigarette market is expected to reach $48bn by 2023, with a compound annual growth rate of 26 per cent.At present, the penetration rate of China's e-cigarette is less than 1%, but China's smokers base is large, the domestic e-cigarette market development potential is huge.Assuming the penetration rate of e-cigarettes reaches 10% in the future, the corresponding market size could reach 100 billion.

  There are also e-cigarette entrepreneurs who bring their own traffic to the stage."For example, on January 15, luo yonghao, founder of Smartisan, introduced Flow Fulu, an e-cigarette brand created by Smartisan No.2 word zhu xiaomu on the guan ru technology conference.For example, tongdao uncle chairman zhang jinyuan, micro media holding chairman and CEO li yan, CEO ren yi, zhongjinhuicai founder zhang dafeng, zhongjinhuicai CEO sha xiaoping, and zhongjinhuicai, zeng hang and jiguo CEO jointly launched the e-cigarette brand chinext.Autobiographical media, with an estimated 350 million fans, has again helped fuel the rapid growth of the e-cigarette market.

  Low threshold, high profit

  As we all know, e-cigarettes are made up of three parts: a pipe, an evaporator and a battery containing a nicotine solution.All you have to do is assemble the hardware.Because the market chain is very complete, the birth of a new brand only needs a few million yuan of investment, half a year can be completed.In this huge market, the price of e-cigarettes from hardware to assembly is only a few dozen yuan, but the price is as high as 300 to 500 yuan."China's e-cigarette market is about to explode," a businessman at WeChat posted a circle of friends.China's e-cigarette market is about to explode.Come on, realize your dream of making millions of dollars a year."WeChat, a WeChat dealer selling e-cigarettes.You can see the profits are very high.

  China produced about 1.6 billion e-cigarettes in 2017 and is expected to produce more than 2.2 billion in 2018, according to data released by China merchants industry research institute.At present, China's jet water pipes market has formed a complete industrial chain. A search of the above keywords "e-cigarette" shows that there are 147,925 relevant companies in China, with registered capital ranging from 500,000 to tens of millions.

  Capital market boost

  In such a big market, capitalists are certainly not absent.

  In June 2019, the e-cigarette brand "yuge new fog" won a round of financing of 36 million yuan from shenzhen qianhai times investment management co., LTD.

  In June 2019, e-cigarette brand taki thicke recently received a $55 million funding round.

  In July 2019, LINX obtained funds in this field, ningbo sibi took the lead, cicc WeChat capital and other old shareholders, all following the fourth round of financing of tens of millions of yuan.

  There is no product standard, no quality supervision, no safety evaluation "e-cigarette market can be said to be" three empty "e-cigarette market, in this huge market, the e-cigarette industry has been invested in the capital market.