Increasing e cigs sales would lead to reduce in consumption of tobacco cigarettes.
Los Angeles, CA -- (SBWIRE) -- 08/23/2013 -- E Cigs, an electronic device yields higher margins for manufacturing brands and retailers as they aren’t subject to excise taxes or settlement payments. E Cigarette is expected to hit $10 billion sales within few years while grabbing 10% of the overall tobacco market says Goldman's Judy Hong.
While David Adelman. Analyst at Morgan Stanley added further that already the market is flooded with large brands of electric cigarette but the moment is still a long way off. He says that growing sales of e cigarette is already reducing the consumption of regular cigarettes in the US but only by small extent.
Adelman elaborate his words by saying, the main factor behind such a small share of smokeless cigarettes is that 50% of trials conducts over smokers which raises the universal awareness but only among smokers. He believes that business of e cigs would be increased tremendously in upcoming years.
In relation to the above factors, DigitalSmoke.org experts conclude that e cigarette is taking advantage of being an unregulated device; FDA can’t regulate it due to the lack of witnesses related to its safety. In fact smokers are using this device by considering it as a better alternative that allows best e cigs vaping at public places. Some state laws have banned its use on public zones while some are still allowing.
Experts at DigitalSmoke.org added, there is no doubt that business of e cigs would increase to an extreme level and would hit its presence worldwide. The volume of e cigarette user would surely increase which may further lead to decline in sales of tobacco cigarette.
DigitalSmoke.org is one of the leading e cigarette reviews website which provides veritable reviews to the customers. It brings out top ten brands of electronic cigarette after in depth analysis by their experts. According to DigitalSmoke.org, users should read reviews before purchasing any e cigarette as it will help them in choosing the brand in an easy manner.
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