COVID-19 have little impact on vape?
According to data from the electronic industry vape Chamber of Commerce Committee in China, the epidemic has vape industry at home and abroad are faced levels of different opportunities and challenges:
China: China production base of vape world and take into account accessories for 95% of global vape IJOY proportions. The US and the UK are the first and the second largest consumer in the world and a major consumer of Chinese Asmodus mods vape vape. Vape domestic companies back in late February, work, and work primarily at capacity again in March. carried out during an epidemic, the demand for strong orders from overseas, and exports from January to April is expected to reach 10 billion yuan, the same as in the same period in 2019, and the rapid growth in April. At the same time, many national vape companies increase investment, including product research and development and equipment investment and strengthened to improve their own IJOY captain in the “special period”. We believe this means that practitioners are optimistic about the future development of the industry.
USA: IJOY Neptune United States is the largest consumer market in the world for more than 50% vape is vape share.IJOY whole wings of Mercury is a global industry and most affected vape market for ‘industry. According to data from the impact of the epidemic exchange technology vape Industry Association (VTA) began in mid-March. The first is to prevent a slowdown in imports, shipping products distributor. Of the 43 states that “stay at home”, the restriction order is set, only 10 countries have vape retail stores still open, and 3 states that bordered delivery Eleaf vape road. But it is also difficult to provide their own products for this transaction. converted to support e-liquid manufacturer in the United States and its line of disinfectant products for the hands, the fight against the epidemic. In June, almost all countries have returned their activities, and that some areas have not been reopened. It should be noted that, at the request of Captain IJOY 2 Mod, PMTA time the FDA to vape company has been extended to May 12, 2020 9 September 2020, to open the current global market in the United States for business vape to buy. Currently, the major Chinese companies as vape Mcwell (Smolar parent company listed on the Stock Exchange of Hong Kong) and relx prepared for PMTA.
United Kingdom: Great Britain is a country in the world and vape supported China’s second largest country export vape. According to the UK Industry Association vape IJOY Mystique tank (UKVIA), there are currently more than 3,000 stores Vape UK, up 10% over the previous year. The British retail stores vape store service offerings of 24 mid-June and reopened in March suspended. Overall, total sales fell 30% to 60%, with sales of the product vape open down 60%, but because of the many stores selling the line connected and provides distribution services IJOY diamond, online sales increased by 1500%. because the subsidy also see the government increase despite lower sales of this business advantage. UKVIA estimated damage to the UK supply chain to the epidemic especially from China due to insufficient supply what they need to be sensitized to ensure a stable and secure supply chain with China.
Europe: According to the European Vape Association (IEVA) due to the epidemic, vape branches in Germany and most European Union countries to close necessary since March, and they did not open until mid-May IJOY Mercury Vape Pod System . During the epidemic due to the effects of vape sales, wholesalers and factories pressure were faced with inventory backlog and cash flow; Vape the exhibition in the same period was also canceled. At the same time, due to the strict hygiene standards and rising freight cos Government YOOZ Vape