The FDA issued the new regulation “1. The FDA extends the rights of the federal oversight body into the field of E Cigs Factory;2. All E Cigs Factory, from e-fume oil to evaporator, are subject to a traceable pre-ipo approval process,(which increase cost of the E Cigs Factory);3. E cigs factory is prohibited the sale of electronic cigarettes to americans under 18 years of age.The enactment will lead to a list of ingredients for each product that E Cigs Factory submitted to the FDA, and will be sold after approval by the FDA’s ombudsman.
The implementation of this policy has had a serious impact on the rapidly expanding e-cigarette industry, and the U.S. market may have suffered a significant decline.But the policy gave the E Cigs Factory two years as a buffer. If the expiry of the buffer period the vape pen supplier does not apply to FDA certification, the product is prohibited to circulate in the market.But, the market demand is gradually expanding due to the gradual recognition of the effect of e-cigarette assisted smoking cessation.E cigarette manufacturer still have a chance to develop in this trend.
The global e-cigarette market has been growing in the long term. And that brings us to that the e cigs factory can have a great growth.The global e-cigarette market is expected to be between $2 billion and $3 billion.The world’s largest E Cigs Factory, the conglomerate, has grown at a compound rate of 83% in the past few years, with sales of $160 million in 2012. In 2013, the U.S. e-cigarette market was about $1 billion, while China’s smoking population of 350 million was about 6 to 7 times that of the United States. Therefore, the domestic e-cigarette market prospect is expected as well as the vape pen supplier.