The savage growth of glass pipes amazon
At the beginning of last year, the emergence of glass pipes amazon as a substitute for tobacco products suddenly broke through, attracting creative investment circles to enter the agency. However, there are also many disputes in this market. Especially in terms of policy supervision, the current law has no clear channel requirements for glass pipes amazon. glass pipes amazon has been wandering at the edge of the law.
In November 2019, the State Tobacco Monopoly Bureau and the State Market Supervision Bureau issued a notice on further protecting minors from infringement by glass pipes amazon, banning the online sale of glass pipes amazon. The rapid development of glass pipes amazon has hit the brakes. Since then, supervision has become a "sword of Damocles" hanging on the head of glass pipes amazon. The industry used glass pipes amazon in the first reshuffle.
In 2020, when the epidemic broke out, the glass hand pipes amazon industry, which had once disappeared from public view, quietly launched a second wave of reshuffling, including the voices of some "star" brands struggling to survive. Sheffield faces 50% layoffs, while Fulu is accused of laying off more than 70%.
According to the World Tobacco Development Report 2017, the global cheap glass pipes amazon market has reached 12 billion US dollars, of which 94% are overseas markets. By 2023, the global glass pipes amazon market is expected to reach 48 billion US dollars, with a compound annual growth rate of 26%.
On this basis, the penetration rate of glass pipes amazon in China is less than 1%, but the number of smokers is large, and the domestic glass pipes amazon market has great development potential. Assuming that the penetration rate of glass pipes amazon reaches 10% in the future, the corresponding market size can reach 100 billion.
The media consulting company recently released the "2020 China glass pipes amazon Grass Industry Market Operation Monitoring Report". Data show that the size of China's glass pipes amazon market in 2019 was 7.86 billion yuan, up 26.6% from 2018. In 2020, the size of China's glass pipes amazon market will maintain a growth trend and is expected to exceed 9 billion yuan by 2021.
As you can see, there is still a lot of room for growth in the glass pipes amazon market. Industry insiders believe that due to the dual effects of the ban and the epidemic situation, the glass pipes amazon industry may enter a relatively oligarchy stage from the tobacco war. At the same time, the industry still faces many uncertainties. On the one hand, the public has always been skeptical about its safety and addiction, and there is no obvious conclusion yet. On the other hand, the state's regulatory policies and standards for small glass pipes amazon are not perfect.
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