A Comprehensive Understanding of the Development History of Vape

I. Prior to 2003: Initial Ideas Associated with vape

In 1927, an American named Joseph Robinson filed a patent for the first electric vaporizer. He suggested this device could be developed to atomizing drugs that you inhale steam without the potential risk of burn on the patients. Robinson did, however, never commercialize his patent.

Joseph Robinson had never really considered designing an electric vaporizer to atomize tobacco Although he wasn't the first to come up with this idea, his product's appearance might have inspired Herbert Gilberts later smokeless 'cigarettes'.

A potential example of the vape was patented by an American worker when Herbert A Gilbert filed for a patent for an electronic smoking device back in 1963- His smokeless cigarette design purported to replace paper and burning tobacco with heated, humid, scented air. Unfortunately, this invention was too advanced for its time. Even when a company was willing to invest, there was no demand market in the then-current environment, and in the end they failed to be commercialized.

II. 2003 2009: Preface of the First Commercialized vape

The first nicotine delivery Vape product was invented by a Chinese pharmacist named Hon Lik in 2001- This product vaporized a solution with propylene glycol, nicotine, other ingredients using ultrasonic technology.

In 2003, Hon Lik was granted an invention patent on a non-flammable electronic atomizing cigarette. His using it was followed by a company formed to market it, called Ruyan. Hon Lik is therefore generally considered to be the vape's inventor.

In December 2006, Jinlong Group gained control of the vape business from one of its shareholders Hon Lik. Jinlong Group changed its name to Ruyan Group in November 2007, and its market capitalisation used to be close to 120 billion Hong Kong dollars. In 2008, Ruyan's sales were 1 billion yuan, and the global sales volume exceeded 300,000 units.

Still, Ruyan had proven to be short-lived. First of all, Ruyan has been under public opinion pressure in China since 2008 due to publicity issues. Its international expansion, however, hit some bumps. Just one year later, in 2009, Ruyan lost 444 million yuan for the year.

In 2013, having lost money for four consecutive years, Ruyan was acquired by Imperial Tobacco for $75 million, including vape patents. His past was a research and development consultant for an vape company called Fontem Ventures, going on to become a subsidiary of Imperial Tobacco.

III. 2003 - 2018: The Growth of the vape Industry

So the saying goes: When a whale dies, all things thrive. Ruyan itself was short-lived, but the vape it commercialised spawned an immensely vibrant industry.

A. The Global vape Consumer Market an Outbreak

Ruyan Technology's vape products started to be exported overseas in 2005- Vape were sold and used in Europe since 2006- vape quickly jumped to the American market after gaining popularity in the European market in 2007-

In September 2008, WHO issued a statement that it did not regard Vape as a front line aid to quitting smoking. In turn, the vape regulatory environment in the U.S. started to tighten soon after. The FDA started regulating vape as medical devices and banned imports in March 2009, which limited the development of the vape industry and resulted in the vape market growing slowly.

This led to a lawsuit in April of 2009 by Smoking Everywhere Company in the federal court, arguing that since vape belonged to tobacco, the FDA had no jurisdiction to regulate them. At the close of 2010, the federal district court and the Washington Court of Appeals ruled that the FDA had lost the court case, ruling that the FDA was only allowed to regulate vape as a tobacco product. The next year, the FDA stated it would regulate vape under the Federal Food, Drug, and Cosmetic Act.

The American vape market opened up after the FDA lost this lawsuit in 2010- However, thanks to the advantages of the electronics and foreign trade industrial chains, some vape OEM factories quickly cropped up in Shenzhen, taking a mass of orders from abroad, especially from the United States. This resulted in the gradual formation of The vape industrial cluster in Songgang and Shajing area of Baoan, Shenzhen.

Many well-known vape enterprises were created between 2009 and 2013, such as Shenzhen Smoore Technology Co., Ltd., Shenzhen Heyuan Technology Co., Ltd., Shenzhen Joyetech Co., Ltd., Innokin Technology Co., Ltd., Shenzhen Green Yunda Technology Co., Ltd., Shenzhen XiYiKang Technology Co., Ltd., Shenzhen Kanger Technology Co., Ltd., Shenzhen ZVOO Technology Co., Ltd., Shenzhen Geecig Technology Co., Ltd., Shenzhen KangerTech Co., Ltd., Shenzhen Five-Wheel Technology Co., Ltd., and Shenzhen Jieshibo Technology Co., Ltd.

In 2014, over 2,000 vape factories in China manufactured 90% of the worlds vape. Since that time, this level has remained. Approximately half of the products were sold to the United States and one-third contained sold to Europe.

B. The Closing of the Door to the Sudden vape Boom in the Domestic Market

The 2003-2008 period was a primary development period from the consumer market perspective, domestically and internationally. From 2009 to 2018 was the period of rapid growth, in which case the market is still concentrated in the overseas, but the domestic market did not participate.

But between 2018 and 2019, vape suddenly exploded in the domestic market. Many vape brands emerged one after another, such as RELX, YOOZ, etc. The high profit margin and high product repurchase rates were the two main reasons that made vape a hot topic at that time according to various materials.

Especially December 2018, a piece of news on the WeChat Moments of flying: [An American vape company issued How much was a $2 billion year-end bonus per person average of $1-3 million!]

What type of company is this generous?

What had happened was the American vape company Juul Labs decided to hand out $2 billion in special dividends as year-end bonuses to all 1,500 of the companys workers. Paid this way, each person could get an average of $1-3 million (about 8-95 million yuan).

Juul made its U.S. market debut in 2015- But by 2016, sales had skyrocketed by 700%. By September 2018, Juul held a 72% share of the American vape market and generated $2 billion in sales that year.

The valuation of Juul at that time was $38 billion, even surpassing Space X, and in the end of 2018, the American tobacco giant Altria spent $12-8 billion to buy a 35% stake in JUUL. Juul then paid its employees handsomely with the proceeds resulting in the million-dollar year-end bonuses.

Contrary to the European and American markets, since 2008, due to the decline of Ruyan in the domestic market, vape had vanished from the domestic market. So much so that in 2018, many people believed that vape were imported products: foreign inventions.

The domestic vape consumer market in 2018 was a blank, it goes without saying that this was a piece of fat in front of the brands. With a lot of hope and eagerness, domestic brands were inspired by end-of-year bonuses of up to a million dollars.

In early 2019, domestic vape brands continued to emerge, repeatedly financing. Despite the lack of complete statistics, there were more than 35 capital investment projects in vape in the first half of 2019, with more than 10 million yuan in 18 financings, and the total amount of financing exceeding 1 billion yuan.

But the domestic boom did not Continue long. The "Notice on Further Protecting Minors from the Harm of vape" was officially released on October 30, 2019, and the "online sales ban" on vape began to be implemented.

So, the vape industry moved from a stage of at a stage of rapid expansion to a stage of strict supervision.

IV. 2019Present: The Rise and Consolidation of the Regulatory Era

The vape industry has grown too fast, which has attracted the attention of related organizations in all countries and regions of the world and also led to many controversies. The largest controversy is the allure of this product to teenagers. As an example, JUUL found itself in a spin cycle of public opinion around the topic of attracting teenagers and its number has been going down.

Having taken into account on the protecting of teenagers, the countries around the world regulated the vape.

A. Major overseas consumer markets: regulatory policies

In August 2016, the "Tobacco Products Control Act" promulgated by the US FDA came into force on August 8, 2016- It mandates that innovative tobacco products must have passed the PMTA process before they can even be marketed and sold legally. Shouldn't you strengthen the supervision to prevent teenagers from chewing the vape? The crackdown raised the compliance costs of the industry significantly in February 2020.

vape are regulated and handled as entertainment consumer products in the European Union. Article 20 of the TPD has governed Vape and related products since 2016-

B. Domestic Regulatory Policies

With the official announcement of the "Administrative Measures for vape" On the official website of China State Tobacco Monopoly Administration, the administrative measures for vape will have effect on March 11, 2022, in October 2019, the online sales of vape prohibition was issued. These measures took effect on 1 May 2022-

The mandatory national standard for vape (GB 41700-2022) was officially released on April 12, 2022, and implemented on October 1, 2022-

With the Preface of administrative measures and national standards, vape factories must apply for production licenses and register on a unified trading platform. The days of compliance have officially arrived for the domestic vape industry.

V. Summarize

The vape industry in the era of strict supervision is not the end of the road. However, rather, it is a launching for a more pennated phenomenon and the market is still developing non-stop.

The data backs this up. The total export value of vape products (including vape and similar personal electronic atomization devices, as well as other non-combustible nicotine-containing products) in China in 2023 was 77-954 billion yuan, compared to 66-286 billion yuan in 2022-

However, unlike before, in the simple rough expansion stage, the vape industry of the era under strict supervision needs to apply more technological innovation to develop products that can comply with regulatory policies and market demand. As the French writer and philosopher Heraclitus is often paraphrased, for the vape industry, the only constant is change. There are challenges, but there are also opportunities.

Vape User Feedback Reference

A. There is just the right amount of cartridge in this vape. It sticks for a good amount of time, and I don't have to switch it out too often. Its very convenient.

B. Vaping NEXVAP, unparalleled!! The device is super stylish, with a glossy black mouthpiece and a matte body. It feels right in the hand like you are holding a high - grade pen. But the flavor you get out of the tobacco - blend capsule is phenomenal: theres plum in there, and a sweet caramel aftershock. It's an absolute delight to vape.

C. As someone who has a more active social life, that makes vapes versatile. At a casual barbecue or a formal dinner, I can take a discreet vape. I make one that fits the occasion, like a tropical fruit blend for outdoor parties.

D. As a library person, dabbing and vapes don't disturb others. I can vape a book – inspired flavor of old – parchment – vanilla while browsing the books.

E. For a regular person who visits the camping site, vapes are the best things to carry. The durable battery means I can get a night's session in. I can vape a campfire - inspired flavor, like campfire - marshmallow while sitting around the fire.