Home > Knowledge > Content

China's e-cigarette sales surge 175% to 11 billion yuan

Jul 30, 2022

On December 18th, the 2019 International Electronic Cigarette Summit Forum hosted by the Electronic Cigarette Industry Committee of the China Electronic Chamber of Commerce was held today. This summit mainly discussed the improvement of the construction of the e-cigarette standard system and the development trend of the e-cigarette industry in the future. World-renowned cardiologists and e-cigarette research experts, executive director of the American Electronic Cigarette Technology Association, chairman of the board of the British Electronic Cigarette Association, president and founder of the German Electronic Cigarette Association, president of the Korean Electronic Cigarette Association and other foreign electronic cigarette related research experts and Institutional representatives also participated in the meeting.

 

At the meeting, Ao Weinuo, Secretary General of the Electronic Cigarette Industry Committee of the China Electronic Chamber of Commerce, reported the summary of the global electronic cigarette industry in 2019 and the work plan for 2020.

 

In 2019, the total sales of the global vaporized electronic cigarette market was US$33 billion, a year-on-year increase of 106.25%, which was 14 times that since the development of the industry in 2012.

 

Ao Weinuo, Secretary General of the Electronic Cigarette Industry Committee of the China Electronic Chamber of Commerce, pointed out in the work report that the market size of my country's electronic cigarette industry in 2019 was 7.87 billion US dollars, of which export sales were 6.26 billion US dollars. The amount will be expanded four or five times, and it can be said that more than 90% of the world's e-cigarette products originate from China. In terms of production and technology, China has obvious advantages in the world, especially with more than 100 supply chains in Shenzhen, making China the manufacturing center of the global industry.

 

According to data from the Electronic Cigarette Industry Committee of the China Electronic Chamber of Commerce, as of November 2019, there were 28,642 electronic cigarette patents in the world, an increase of 2,663 over last year, of which 25,006 were in China, accounting for 87.3%. In my country, there are more than 51 national high-tech enterprises of electronic cigarettes, and more than 2,000 affiliated companies registered in the industrial and commercial system throughout the year, directly creating more than 500,000 jobs, indirectly driving more than 2 million jobs, and more than 132 exporting countries. indivual.

 

Since the e-cigarette industry was born more than ten years ago, it can be seen from the independent pricing power, the agglomeration effect of the whole industry chain, and the high-density market distribution that my country's e-cigarette manufacturing industry has an absolute "dominant power" in the growth of the global market. and the "right to speak"


Send Inquiry
Contact Us
  • Tel: +8615322442689
  • michael.fuxiong@aliyun.com
  • Add: No.8, Lane 2, Huaide Tianxin New District, Humen Town, Dongguan City, Guangdong Province