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Vaping Industry In 5 Years

What Will the Vaping Industry Look Like in 5 Years?

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The vaping industry has developed rapidly in the last few years – there are now more manufacturers and more users than ever before. As e-cigarettes have received increased media attention, they have also been subjected to a wide array of criticisms. The latest development is of course, the new regulations developed by the FDA.

The FDA regulations have been praised and criticized by figures both inside and outside of the e-cigarette industry. The new rules mean e-cig devices cannot be sold to under 18s, packaging must be childproofed and new testing will have to be carried out.. Some of these rules are basic common sense approaches but the testing element has been highly criticized. It is estimated testing procedures could cost upwards of a $1 million per item. With some manufacturers producing upwards of 50 products, the costs are likely to skyrocket. Like it or not these regulations are here to stay, but how will they change the industry over the next five years?

Growth

Yes, the costs of regulation will be a huge burden for many suppliers but it could be argued that the FDA regs will actually nurture growth. The market itself will grow which will mean e-cigarette companies should increase their sales and income figures. If anything, all the latest regulations are doing is advertising these products to a much wider audience. It could also be argued that greater legislative control will helping to secure a positive future for e-cigarettes through increased research spending.

Prices

As the industry becomes bigger e-cigarette prices will naturally change – just don’t expect them to go down. Regulation – particularly that proposed by the FDA – will cost manufacturers a lot of money. Most will pass this burden on to consumers. We don’t anticipate the price increases will put smokers off making the switch, but it will be noticeable for existing vapers.

Customization Will Disappear

Custom mods are incredibly popular but in the future companies producing custom rigs will simply not exist. The regulations call for all products to go through the pre-market tobacco assessment process. It is simply not feasible for customizing companies to do this for specialist one-off vapes. This is a sad loss to the market because without these companies, many of the current commercial mods simply wouldn’t exist.

Limited Selection

The vaping industry will grow thanks to a number of factors but that doesn’t mean selection will increase. It’s quite feasible that some of the smaller manufacturers will simply be wiped out by these regulations. They will not be able to compete with larger companies, meaning small and boutique brands will go under and their products will disappear. While this may not seem like a good thing, it may actually help new vapers understand the market better as they will not be overwhelmed with choice.

Research

Research is the real issue. We currently know a reasonable amount about e-cigarettes but we do not know everything conclusively. As e-cigarette companies grow, they will invest more in research. This will give us a much better understanding of e-cig products and will likely offer reassurance to the non-vaping public. This may not be completed in five years because what needs to be done is a much longer term prospect but it will have at least begun.

More Vapers

It’s possible that all of the effects outlined above will lead to an increase in the number of people vaping and a decrease in the number of smokers. Tobacco prices will continue to rise, meaning that e-cigarettes will still be a cheaper alternative. This coupled with the increased research spend will persuade more smokers to make the switch. The FDA may also contribute to the survival of the vaping industry because more vapers mean more sales.

We think these regulations will change the vaping industry and it could even be for the better in the long term. These rules may be the starting block for a smoke-free USA. What do you think? Share your thoughts in the comments and on our social media pages.

Michael Grey
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Michael Grey

With a passion to educate through my writings and a passion to help others, I found my place here at Black Note. Being that I am a former smoker who quit smoking because of vaping, I knew I could help others do the same. Working for Black Note is a true blessing. Not only do I help educate vapers on a daily basis through my writings, but I am also enjoying the benefits of working with an amazing team and sharing an authentic tobacco solution with the vaping community.
Michael Grey
Find Me Here
  • Average Joe American

    I’m going into my eighth year of vaping in just a few days. It sticks in my mind because I timed my first year of vaping with my then upcoming 60th birthday. After 45 years of serious tobacco addiction I assembled my first electronic cig-a-like (Chinese junk, and the e-liquid was worse), and said to myself: I will NOT go through another decade of smoking. Either I quit, or it will kill me. I can’t hike up my driveway without risk of another heart attack (I carry two stents). In five years I’ll be dead. (Now I quite literally enjoy mountain pole-hiking several times a week.)

    As an early adopter (in the US, anyway) of this relatively new smoking cessation method, I also became an early advocate, then an evangelist. I encouraged friends and relatives to switch to e-cigs, I posted comments in blogs featuring helpful hints for newbies, I posted detailed op-ed comments to biased hit pieces wherever I encountered them, I waged incessant battle with industry trolls and shills. I signed dozens of petitions and filled out countless forms, repeated my success story to anyone and everyone who would listen.

    After a time it became apparent that the real enemies of electronic cigarettes were not the Big Tobacco companies (they were not worried, at first, by a “passing fad”), but rather Big Pharma, who stood to lose TRILLIONS to people curing themselves cheaply and safely of tobacco related diseases: cancers, asthma and emphysema, heart and other cardio vascular ailments, hypertension, etc. The peddlers of Joe Camel, the Kool Penguin, and the Marlboro Man may have hoped e-cigs might become a gateway to smoking, but the purveyors of prescription drugs, cancer surgeries and services, chemo and radiation therapy, all related medical equipment and care (not to mention their useless gum and patches), realized that e-cigs could put a stake into the heart of one of the most profitable industries the world has ever known: slow death by smoldering tobacco.

    Enter the FDA. They tried to prove e-cigs were being sold as medical devices (hard to do when manufacturers and most resellers denied it). They tried to say e-liquid contained illegal poisons (hard to prove when they do not, when the FDA themselves are on record as pronouncing these ingredients GRAS). They tried the “marketing to kids” approach (no online or established retail seller in his right mind would consider putting his company at such risk), and the “insidious because multi-flavored” gambit (when tobacconists and the liquor industry have been flavoring their products since pre-Colonial days, and even Nicorette Gum comes in kid-friendly flavors of mint and fruit and no longer requires a prescription to purchase).

    The FDA is not funded by fledgling million or even billion dollar industries such as the electronic cigarette industry, they do not make any money off of grassroots health solutions. They are funded by Big Pharma and Big Tobacco whose yearly profits are in the trillions. Like so many other alphabet soup “health” agencies (AMA, APA, ACS, ALA, AHA) they are in the sickness business and if tobacco-caused illness and disease were to magically cease tomorrow millions of careers would end as abruptly as the lives of terminal cancer victims. This will not be allowed to happen, even if extra-legal steps must be taken to crush this grassroots upstart health movement.

    As I said in the beginning, I’ve been an unpaid vocal evangelist for e-cigs since shortly after their appearance in US markets, and I’ve watched their meteoric rise in popularity among smokers, former smokers, even among would-be smokers and side-stream smokers. I’ve been waiting for the other shoe to drop. Now it has. An unconstitutional, unelected agency with self-arrogated dictatorial powers will now take from us the basic right to free ourselves, our friends and family, from the bonds of deadly addiction which profits said unconstitutional agency and those whom they represent, and benefits no one else. They will do so based, not on science, not on legal precedent, not upon any basis whatsoever other than that they claim the right to do so, so what’s anyone gonna do about it?

    Well, it doesn’t take a genius to figure that one out, and it won’t be to run out and buy a legal $70 carton of Marlboros, a box of overpriced chewing gum, or a popular drug known to produce suicidal thoughts. The basement Boy Mechanic and Boy Chemist black market suppliers are probably gearing up even as I type these words. Guess I’ll have to begin cultivating a criminal relationship with Radio Shack.

    • Cheri Sears

      I quit smoking after 15 years, amd switched to vaping exclusively 3 weeks ago. I’m 30, and I did it for my kids. At 21, I watched my dad take his last breath because of lung cancer and he was a heavy 3pk a day True Green 100 smoker. When I turned 30 in April, I realized that if I continued smoking, that I have, in all probability, reached my half-life. My dad was 62 when he died. He passed before I was pregnant with my 1st child, and has missed out on their lives because he smoked. I hurt every time I think of how my kids won’t know their gpa who was the funniest man in my world and was my rock. I do not want my kids to feel the hurt amd regret that I do. I don’t want my kids to watch me waste away in a matter of months like I had to with my dad. Despite these regulations, I refuse to go back and give big tobacco ANY of my money anymore. My husband has jumped on the vaping train, but still smokes a few cigarettes a day. Being a heavy 2pk a day smoker, him cutting down to just a few a day is awesome, but not awesome enough. I can’t even stand the smell of them anymore and every time I’ve tried to smoke one I’ve gotten nauseous for about 30 minutes afterwards. I thank vaping everyday for helping me quit and I couldn’t imagine going back to cigarettes. Vaping has literally saved my life. I no longer wake up with “sticky lung” and dread that 1st painful breath in the morning. When I breath in deep, I no longer have that balloon squeal in my lungs. And not to mention all the junk I’m STILL coughing up today from smoking. It’s disgusting! And I hate to admit it, I have turned into one of those ex-smokers who I hate. Who whine and gripe about how bad smoking smells and gets pissy when someone blows a huge stinkie smoke cloud by me. But you never realize just how bad it is until you allow yourself to become UNFAMILIAR with it and then be exposed to it again. Its insane! So, my point is, anyone in their right mind would fight for something that has saved their lives. I will continue to fight for my RIGHT to vape for as long as I have to until people realize how many of people like me exist out there. I will tell my story everywhere I go and tell it however many times I need, and I won’t stop until big pharm and big tobacco quit throwing tantrums and leave the vaping industry alone!

      • Average Joe American

        Good for you, Cheri. Sounds like you’ll stick with it. Now if you can just keep your husband on course… Of all the self-improvement actions I’ve undertaken in a long and varied life, quitting smoking (switching to vaping, which IS quitting smoking) has been the most important and far-reaching, as it has allowed me the health and arguable longevity to enjoy all the rest. I’ve embarked on a primal/paleo dietary lifestyle, gone organic, vastly reduced alcohol consumption, and taken up two regular exercise regimens which I’ve gotten great benefits from (including mountain pole-hiking, as mentioned). NONE of these would have been as easily sustainable (or possible at all) if I had not conquered the BIG ONE: smoking.

        This is what the FDA is trying to take away from me and others who’ve had similar experiences. For “our own good,” and for that of “the children” and of course for the benefit of society at large.

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