|Electronic Cigarette Growth|
Investors believe that this high growth industry is a great way to safeguard investments and at the same time minimize risk. The demand for battery operated electronic cigarettes has evolved massively and this has made investors keep a close watch on the consumption patterns.
The demand for the best electronic cigarette brands will continue to rise among adults. Also, the use of e-cigs indoors is banned in certain states this won’t stop the industry to grow further.
The Food and Drug Administration (FDA) is planning to emphasize regulatory authority over e-cigs in the future. Also, public health officials believe that safety of e-cigarettes and their effectiveness in assisting people quit tobacco smoking is still understudied.
Nonetheless, investors continue to put in massive confidence in the product and the market at large. A majority of consumers agree that e-cigs are safe. A number of benefits are rendered by a wide array of e-cigarette producers. A number of aspects lure people to e-cigs. Be it the design or flavor, people simply like the fact that it is much cheaper than traditional cigarettes.
In the days to come, the advent of new technologies in this field will ensure that more people get on board. A number of celebrities are investing heavily in the electronic cigarette industry. A number of sources have revealed that Sean Parker is investing $75m in the electronic cigarette brand. All of this is great for the e-cigarette market.
Overtime, a whole host of suppliers have been leveraging this positive sentiment and offering best in class products. With an increasing number of people accepting e-cigs, more and more companies have started offering these products.