Understanding Growth Drivers in the Vapor Market
The Vaporizer and Vapory electronic cigarettes have recently been on the radar of celebrities, business people and just normal folks like you and me. These products have now grown to become some of the fastest selling products in the e-cigarette category, overtaking even the highly popular blu-ray and video game stores. Why are they doing this? Let’s examine some of the reasons behind their phenomenal success.
Many vapers and smokers have a difficult time getting in shape and staying fit. It is frustrating trying to get that old nicotine fix only to find that your body has gotten used to it and you cannot get it going no matter how hard you try. Many times a smoker will find themselves wishing that they were just smoking an e cigarette rather than using a traditional tobacco product. The vaporizers and modems that the Vaporizer and Vapory line offer is perfect for the aging consumer and the health-conscious consumer who wish to supplement their smoking routine with something that is healthier and more enjoyable than traditional tobacco products.
Among others, the Vaporizer and Vapory’s most popular products are their highly popular rebuildable coils. These coils are built to mimic the actual taste and texture of natural tobacco without all of the harmful by products associated with burning tobacco. By switching these coils around you can create your own individual customized blend of tobacco flavors. Some Vaporizers and Vapory cigarettes vendors even offer a variety of freebies including personalized rebuildable coils and other special product bundles.
Europeans and Germans alike have been struggling with the increased occurrence of cigarette smoking by younger people in particular. In many European countries especially throughout Europe and Germany the sales of tobacco products have decreased over the years as a direct result of the high prevalence of cigarette smoking. In the Czech republic also many cities and towns have banned smoking. These bans are not always fully enforced, however as it seems that the actual young people that are setting foot into these buildings may not be completely aware of the new laws. The ban in the Czech republic was actually put into place due to the high level of youth smoking throughout the region. The incidents of youth setting foot into smoking facilities has dramatically dropped in the last few years, as the vast majority of young people setting foot into these facilities are not aware of this new law.
Philip Morris International, the parent company for vapor products vendors, has made the decision to target the emerging European e-liquid market. The company has set up five European headquarters in seven different countries across Europe. All of these headquarters are located in either the e Slovakia region or the e-Czech Republic. The company’s biggest hub is in Frankfurt am Germany which is situated near Germany’s largest city, Berlin.
In the next few years the United States will once again be the largest tobacco products market in the world. The forecast period for growth for the year 2021 is very strong and the numbers of cigarette smokers in the country is declining every single year. This trend is expected to continue in the coming years with the American consumer growing increasingly more concerned about his or her own health. As a result the leading suppliers of nicotine replacement therapy products, including the vapor devices manufactured by Phillip Morris, will have increased their headquarters in North America in an effort to tap into the growing popularity of the electronic cigarettes market. This will create additional opportunities for American-based manufacturers to profit from the rapidly expanding European market.
The United States is a strong nation. The United States has the largest economy in the entire world and is currently experiencing its worst recession since the Great Depression. It is experiencing a slow recovery from the mortgage crisis and other factors that lead to lowered economic activity and high unemployment figures. The slowdown in the US economy is causing corporations to re-evaluate their business strategies. This is forcing corporations to re-examine their strategies for increasing consumer spending power and lowering their carbon footprint. Trends around the world such as the sudden popularity of vapor products devices created by Phillip Morris, show that corporations are watching and studying the success of the Vapor Technology Association in North America, to see if there is a similar strategy that can succeed in their own country.
The Vapor Technology Association has been successful in creating awareness of the electronic cigarette industry in North America, in the process having thousands of new consumers of the product who have not yet experienced it in any other place. The United States is watching the trends occurring in Europe and is studying the success of Vapor Devices. Although the United States is a strong nation, we must continue to recognize the need to recognize our weaknesses and exploit them for growth. We all know that the tobacco industry is taking advantage of our fears about increasing consumer spending power and environmental responsibility. This allows tobacco companies to benefit and makes the Vapor Technology Association the driving force behind the North American marketplace.