O great wisdom, tak news agency on September 23, electronic cigarette has become the fastest growing in the world of today, is also one of the most remarkable technology products, but the increasing number of competing firms, the industry price war or explosive.
The famous American investment website The Motley Fool recently reported that The electronic cigarette market is expected to reach $1 billion by The end of this year, many companies to enter The market by The temptation of The big cake. Lorillard tobacco company, Renault, imperial tobacco companies in the United States, British American tobacco group, the chi daya are circling the entire market.
Fierce competition means lower profits. According to the article, some relatively small electronic cigarette manufacturers will inevitably be eliminated, mergers and acquisitions war has started.
Lorillard tobacco companies bought for $135 million earlier Blu eCigs, electronic cigarettes performance after speed increase. Lorillard and Blu eCigs due to its 40% market share in the United States and eight shops share gain the advantage in the us market.
Followed by Renault altria and America have successively introduced electronic smoke of cigarette. In the United States, is not only a electronic cigarettes, all type smokeless tobacco products at near double-digit growth rate have skyrocketed, because there are more and more people discard the traditional cigarettes, and similar products.