One of the hottest pick of investors nowadays is electronic
cigarette market. I usually read business magazine and one of the article in it
says that there had been a tremendous increase in the number of people
investing in these battery operated device. I guess this increment in the
investing ratio comes from the popularity of these smoke free devices. Now,
more and more people are switching to these smokeless cigarettes in order to
live a smoke free life. The top three tobacco cigarette brands and already
ventured into this industry by lunching their electric cigarette brand in the
market of different states.
The recent company that will join the three giant’s tobacco
company in the vapor cigs market is Philip Morris International. While reading
the morning newspaper I came across the news that PMI (Philip Morris
International) is planning to launch its first water vapor cigarette next year.
The sources say that due to the decline in the sales of the traditional
cigarettes the brand decided to endeavor into this industry. Two of the big
manufacturer of the tobacco cigarette also said that there will be a decline in
the sales of traditional cigarette internationally by 3%.
I guess 2014 would be the year of investments as various big
celebs and manufacturer will be going to invest in the e cig market. As a
result of which the smokers like me will be availed by more choice and cheap
e cigarette. You can easily relate it because the global e cigarette
sale would roughly reach the mark of $2 billion by the end of this year. I know
that it is quite small value when compared to traditional cigarette but it is
making the tobacco cigarette industry suffer.
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