China Has Become The World's Largest Producer Of E-cigarettes, With More Than 90% Of Them Supplied For Export
China has become the world's largest producer of e-cigarettes
China is the world's main production base for e-cigarettes, accounting for about 95% of the world's output, of which more than 90% is exported. In recent years, countries have put forward more stringent testing and certification for the import, export and sales of e-cigarettes, prompting enterprises to invest more energy in product research and development and innovation.
1. Analysis of the basic situation of the e-cigarette industry: definition, industrial chain
E-cigarettes belong to a kind of new tobacco products, the new tobacco is a concept relative to the traditional cigarette, the new tobacco products have three characteristics: first, there is no need to burn; the second is to provide nicotine; The third is to produce only a trace amount of second-hand smoke or no second-hand smoke.
The upstream industrial chain of the e-cigarette industry mainly includes chip design solution providers, manufacturers of batteries, e-liquid, atomizers, screens, cotton, silk and other accessories, plastics, hardware and other raw materials, silk screen printing, packaging and other suppliers;
At present, most of the domestic e-cigarette manufacturers are using OEM and ODM business models, and the design and production cycle of an e-cigarette product in the industry is 3 to 5 months on average;
The downstream of the e-cigarette industry chain mainly includes agents, distributors, retailers and end consumers, and retailers obtain products from agents and distributors and sell them to end customers.
As the market matures, the currently fragmented e-cigarette production industry will move towards consolidation in the future. In the future, enterprises with channel advantages are expected to rely on stable order resources to lead the industry integration and complete the layout of the entire e-cigarette industry chain, so as to obtain more industrial chain profits.
