Major Reasons for Electronic Cigarette Acceptance!
No one has said this. No one has assumed this. It has been accepted as a fact that there is more and more number of smokers who are looking for an alternative to tobacco cigarettes without making much effort. Smokers have accepted that cold turkey is a solution rather it creates more problems and poses many challenges. This was realized by few innovative and intelligent people and in 2003 in China the electric cigarette was invented and introduced onto the market the following year.
The industry experts as well as smokers describe it as a miracle and the level to which the e cig have risen to become a true contender has threatened years established tobacco cigarette industry. Conventional cigarette industry is suffering from a series of dropping sales and if estimates are to be believed very soon in few years, electronic cigarette would rule. And there are estimated to be more vapor cigarettes that will be used and sales are almost guaranteed to increase. Seeing this bright and more secure future not only more companies associated their names as e cig brands rather giant tobacco companies also emerged as the electronic cigarette brand.
With manufacturers of best e cigarette which makes every possible effort to make the best product, they have not been at a loss. I have read in a report that the industry is aiming to earn at least $1.7 billion up from the $500 million; 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 cigarettes 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. And the predicted reasons are low price and lower environmental impacts.