China Electronic Cigarette Industry Report 2018: Analysis 2013-2017 & Forecasts 2018-2022
DUBLIN, Dec. 4, 2018 /PRNewswire/ --
The "Research Report on China's Electronic Cigarette Industry, 2018-2022" report has been added to ResearchAndMarkets.com's offering.
Statistics show that the number of smokers in China is about 300 million to 350 million, and is still growing. More than 700 million non-smokers are exposed to second-hand smoke, and more than 1 million people die of smoking-related diseases every year. In 2017, the sales revenue of China's cigarette industry reached CNY 1,435 billion (USD 208 billion)
An electronic cigarette is an electronic device that simulates the work of traditional cigarettes. It simulates tobacco smoke to provide the feeling of smoking and satisfy the smoker's craving for nicotine. Therefore, it can be used as a substitute for traditional cigarettes to some extent. Compared with traditional tobacco, electronic cigarettes are much less harmful to human health, and cost only 2/3 or less.
Since the cigarette industry can bring huge taxes to the Chinese government, the Chinese government holds different attitudes towards different types of electronic cigarettes. Overall, it does not regulate vapes. While it prohibits the import and sale of heat-not-burn electronic cigarettes that are more similar to traditional cigarettes in flavor in fear that heat-not-burn electronic cigarettes would seriously impact the sales of traditional cigarettes. Therefore, heat-not-burn electronic cigarettes can only be sold online.
According to the authors market research, China is the world's biggest base of electronic cigarette production. Accounting for over 90% of the global electronic cigarette production, in 2017, China-made electronic cigarettes exceeded 1.6 billion units. Despite the huge production volume, over 90% of China-made cigarettes are exported. Only a small portion is sold domestically. In recent years, as Chinese smokers raise their health consciousness, China's electronic cigarette market is growing rapidly. From 2013 to 2017, the market size of electronic cigarettes in China grew from less than CNY 1 billion to more than CNY 4 billion. Although there are some leading enterprises in China's electronic cigarette industry, the overall market concentration ratio is low, and the growth potential is huge.
As Chinese smokers are more concerned about health, and electronic cigarettes contain much less harmful substances such as nicotine, electronic cigarettes will be welcomed by many smokers, especially young smokers who prefer diversified tastes and plentiful smoke. Moreover, the advancement in electronic cigarette technology can reduce production costs and enhance flavors, thereby cutting the migration costs for traditional smokers.
It is expected that as the consciousness of smoking ban is strengthened, the Chinese government will loosen up on its electronic cigarette policies, which will promote the development of China's electronic cigarette industry. It is expected that with the continuous strengthening of the smoking ban, the Chinese government's policy on e-cigarettes will gradually become looser, which will help promote the development of China's e-cigarette industry. If 10% or 30 million to 35 million of Chinese smokers turn to electronic cigarettes, the potential market size will be above USD 15 billion.
Key Topics Covered:
1 Basic Concepts of Electronic Cigarette Industry
1.1 Definition of Electronic Cigarettes
1.2 Classification of Electronic Cigarettes
1.2.1 Vapes
1.2.2 Heat-not-Burn Electronic Cigarettes
1.3 Advantages of Electronic Cigarettes
1.4 Analysis on Industry Chain of Electronic Cigarettes
1.5 Overview of Global Electronic Cigarette Industry
2 Analysis on China's Electronic Cigarette Industry, 2013-2017
2.1 Development Environment of China's Electronic Cigarette Industry
2.1.1 Economic Environment
2.1.2 Policy Environment
2.1.3 Social Environment
2.1.4 Technological Environment
2.2 Analysis on Supply of Electronic Cigarettes in China, 2013-2017
2.2.1 Production Capacity
2.2.2 Production Volume
2.3 Analysis on Demand for Electronic Cigarettes in China, 2013-2017
2.3.1 Domestic Demand
2.3.2 Analysis on Export of Electronic Cigarettes in China
3 Competition in China's Electronic Cigarette Industry, 2013-2017
3.1 Barriers to Entry in China's Electronic Cigarette Industry
3.1.1 Policy Barriers
3.1.2 Scale Barriers
3.1.3 Technical Barriers
3.1.4 Brand Barriers
3.1.5 Channel Barriers
3.2 Competition Structure of China's Electronic Cigarette Industry
3.2.1 Bargaining Power of Upstream Suppliers
3.2.2 Bargaining Power of Downstream Distributors
3.2.3 Internal Competition of Electronic Cigarette Industry
3.2.4 Potential Entrants to Electronic Cigarette Industry
3.2.5 Substitutes for Electronic Cigarettes
4 Major Electronic Cigarette Manufacturers in China, 2015-2018
4.1 Shenzhen Smoore Technology Limited
4.1.1 Enterprise Profile
4.1.2 Analysis on Electronic Cigarette Business
4.2 Shenzhen IVPS Technology Co., Ltd.
4.3 Guangdong Sigelei Electronic Technology Co., Ltd.
4.4 Shenzhen Eigate Technology Co., Ltd.
4.5 Guangzhou Fullriver Battery New Technology Co., Ltd.
4.6 Shenzhen Itsuwa Electron Co., Ltd.
4.7 Xiamen Intretech Inc.
5 Analysis on Production Costs and Prices of Electronic Cigarettes in China, 2013-2017
5.1 Analysis on Production Costs of Electronic Cigarettes in China, 2013-2017
5.2 Analysis on Prices of Electronic Cigarettes in China, 2013-2017
6 Forecasts on Development of China's Electronic Cigarette Industry, 2018-2022
6.1 Factors Influencing Development of China's Electronic Cigarette Industry
6.1.1 Major Driving Forces and Market Opportunities
6.1.2 Threats and Challenges
6.2 Forecasts on Supply of Electronic Cigarettes in China, 2018-2022
6.2.1 Forecast on Production Volume
6.2.2 Forecast on Production Volume
6.2.3 Forecast on Export Volume
6.3 Forecast on Market Size of China's Electronic Cigarette Industry, 2018-2022
For more information about this report visit https://www.researchandmarkets.com/research/4d4dnw/china_electronic?w=5
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