When the peak is rising, production capacity will be reduced; correct the source and innovate quickly; embrace the new policy and strive to be the first.
With the popularity of vapes, regulatory policies on vapes in various countries have become increasingly strict. For example, with the introduction of the UK’s vape ban on the sale of disposable vapes, European countries are generally preparing to implement new customs entry and tax rates for vapes, while India, which has completely banned the sale of vapes, has strengthened its customs Investigate and punish smuggled vapes.
The Russian label “Honesty Mark” (“Честный знак”) audit operation has also affected the sales of Chinese vapes in Russia. The US FDA and customs departments have recently launched a series of state and federal vape bans and investigations. .
The formulation of vape policies in various countries reflects global concerns about public health and the protection of minors. (Countries worry that the proliferation of vapes will lead to nicotine addiction problems and health risks.)
Currently, many countries around the world are carefully evaluating and updating vape policies to ensure compliance with the latest scientific research and public health standards. Suppliers’ vape products and markets are also diverse, including disposable products, Pod systems, rechargeable devices, etc.
In terms of sales, despite being subject to policy, customs and overseas warehousing security restrictions in some areas, the vape market remains relatively active. In terms of vape product sales and production, domestic and foreign vape production capacity will face serious terminal challenges and processing differentiation in the future.
Maintaining factory capacity requires manufacturers to invest in more advanced technologies to produce safer and more sustainable products. At the same time, adaptation to government regulations and changes in market demand will also affect the development direction of domestic factory production capacity.
With the current policy gradually tightening, vape companies need to strengthen compliance, actively participate in the policy formulation process, maintain communication with domestic and foreign regulatory agencies, and ensure that the quality and safety of products meet standards. At the same time, we will strengthen our own or joint brand channel marketing to improve the differentiation and competitiveness of market products.
This year’s vape industry is destined to be a year in which “strong dragons cannot defeat local snakes”. To meet this year’s challenges, it is necessary to formulate a more forward-looking market strategy. This may include identifying new market opportunities and driving innovation to adapt to policy changes while building a strong brand image to differentiate in the marketplace. At the same time, work closely with third-party partners and government agencies to better understand and respond to upcoming policy adjustments.
This industry is standing at the cusp of a policy storm, and future development will rely more heavily on cooperation and innovation within and outside the industry to promote the industry to develop in a healthier and more sustainable direction.
Facing the changes and challenges in global vape policies, veehoo vapes will pay more attention to compliance and actively pay attention to the policy formulation process. Compliance is the basis for vape companies to survive and develop in the policy environment. Veehoo vapes will strengthen communication with domestic and foreign regulatory agencies to ensure that the quality and safety of products comply with the latest scientific research and public health standards. At the same time, veehoo vapes will also actively invest resources and promote innovation to adapt to policy changes. By developing safer and more sustainable products, veehoo vapes can maintain a competitive advantage amid policy adjustments.
Tags: Global vape policy，Are vapes regulated around the world，veehoo vape
