Shenzhen, Guangdong -- (SBWIRE) -- 02/28/2013 -- The 2013 lunar new year has been over for one week, many electronic cigarette factories like KIMREE, JSB start to run, now they will begin to be busy again in the new year. The sales director of KIMREE, Andre told James, a reporter from IECMA:" The year of 2013 will be an extraordinary year for the industry. Sales of electronic cigarette will have explosive growth. Moreover, there will be more and more people and all kinds of distributers keep eyes on and join the industry."
Not merely Andre thinks like this. According to the report by American magazine Time, the sales of electronic cigarette cannot reach 1% of that of cigarette's 80 billion US dollars in USA, but the facts tell us that the speed of sales increases strongly, and it doubles every year .As to the prediction of Union Bank of Switzerland (UBS), the sales of electronic cigarette could reach to one billion US dollars in 2013, however, Bonnie Herzog, the analyst of Wells Fargo thinks that with continuous improvement of technology, the sales of electronic cigarette will surpass the one of real cigarette in the future 10 years.
Well, due to the popularity of electronic cigarette, the traditional American cigarette companies start to be alert to the industry. An article of TIME claims that. Two of America's three biggest cigarette companies begin to develop purchasing electronic cigarette companies, at the same time, they are developing their own electronic cigarette products. The parent company of the Marlboro brand, Altria is only the cigarette company that has not publicly entered into the area of electronic cigarette. The analysts of Wells Fargo and Goldman Sachs think electronic cigarette as sports beverage. Many traditional beverage companies could not realize the rise of sports beverage, which resulted losing big market shares.
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