E-cigarettes are a burgeoning technology. The innovations in the industry have been immeasurable over the course of the previous decade, with vaping going from an unknown niche to a growing culture, sweeping the nation. As tens of thousands adopt the new technology, the industry is growing with newer, more efficient or more in-demand products hitting the market almost daily.
Whether you vape or not, there’s a good chance you see at least a few people using e-cigarettes weekly. To us, and many others, there’s no question that they enjoy the products that they purchase and use daily. Due to recent state and federal regulations, however, those individuals may face a heavier cost to enjoying those products.
With the FDA’s recent regulations going into effect soon, prices of products are bound to increase. This will drive more than a few adopters and businesses out of the market. At Ecigs International, we’re preparing to weather the storm, but we know that we’re extremely lucky to be able to do so; many businesses may not be as fortunate.
With what will inevitably cause decreased market share and higher costs to production, e-cigarette manufacturing companies like Kanger, Joytech, Uwell, and others will be forced to consider how cost-effective it is to continually develop new products. These considerations will surely stifle the innovation, creativity, and efficacy of the entire industry.
The FDA ruling doesn’t take into account any of the studies released in the past decade documenting the relative advantages of the new technology on the market today. While the new regulation doesn’t directly impede the creation of newer and better e-cigarettes, the ruling effectively strangles the pipeline for innovation causing more companies, more retail locations, and more customers to bring the higher costs into consideration.
As an e-liquid manufacturer, we thrive on the ability to create new and different products so our customers can enjoy flavors that can’t be found elsewhere. We will continue to produce unique e-cig liquid for sale online and in our stores for our customer’s enjoyment, even with the recent FDA ruling, but the new regulations will undoubtedly be a hardship for many businesses across the country.