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The Electric Cigarette Has A Rosy Future According To Statistics
The fact that there are more and more people that are
looking for a healthier and painless method to help them stop them smoking
tobacco products after the disclosure that they do cause cancer has been
overwhelming. There has been a series of products from nicotine patches to gum
to even therapy but they had limited success. Yet in 2003 in China the electric
cigarette was invented and introduced onto the market the following
year. In what has been described by industry experts as a miracle the e cig have
risen to become a true contender for the title of the next to take over smoking
from the tobacco cigarette which has been suffering from a series of dropping
sales with estimates saying that in 2013 there will be just over 2 billion
cigarettes that will not be lit as compares to 2012 levels. But there are
estimated to be more vapor cigarettes that will be used as both usage and sales
are almost guaranteed to increase.
With manufacturers such as EverSmoke
going all out to make the best product they can, they have not been at a loss.
In fact the industry is aiming to earn at least $1.7 billion up from the $500
million that the industry received in 2012; that is an increase of over 240% in
just a year. And it is these figures that are considered to be one of the
reasons why the tobacco manufacturers regardless of the estimated $800 billion
they earned in 2012 are already making their own e cigarette divisions. The
latest estimates from Forbes.com, Bloomberg and Wells Fargo state that e cigs will
be a $20 billion per year industry by 2020 and that within a decade there would
be more people that will be smoking e cigarettes than regular cigarettes
globally. With benefits such as lower pricing and lower environmental impacts,
the smokeless cigarettes are being considered by many to be environmentally
friendly.
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