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Posted 11-19-2013 11:16:39 PM
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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