Vaping started as a worldwide phenomenon and has been increasing on daily basis around the globe. The vaping market is expanding as a lot of vape investment has started around the world. A common reason why people vape is that it is more harmless compared to regular cigarette. Since the emergence of vaping, its popularity has exploded around the world. Euromonitor estimated that the number of adults who enjoy vaping may reach almost 55 million by 2021. With so many people vaping around the globe, there is no doubt that vape investing would make its investor gain momentum.
The cigarette market has experienced huge sales decrease of about 5.8 trillion cigarettes in 2012 to 5.5 trillion in 2015. The number is expected to continue to decline for over the 5years which would cause several reductions of billions in the cigarette market. Vape stock is the next big thing, it would mean that you are investing in the big and real tobacco business.
What You Should Do
Investing in vape stock is just like investing in every other thing. There are risks which you need to watch out for. If you are looking to invest in vaping, you should carry out your own research properly before investing. Despite the escalating growth that the vaping market has experienced, it is still subject to regulatory health scrutiny. Making your research to identify the big shacks in the e-cigarette market will help you achieve a great time investing in vape stock.
Phillip Morris International
Phillip Morris International is one of the giants in e-cigarette. They are the biggest tobacco manufacturer across the globe with forestanding brands like Parliament, Malboro, and Chestfield. As a new investor looking to make good profits in vaping stocks, you should consider sailing your boat toward Phillip Morris international. They are the world leader in heat-not-burn development. They have well developed IQOS products that heat tobacco much to the point where it generates smoke without burning. The heat-not-burn development is believed to prevent the risk associated with smoking.
The Altria Group is a key player in the domestic US tobacco market. They have a line of vaping devices on the market that can earn an investor fat profits. Their Mark Ten e-cigarettes rank one of the most popular vaping devices. Atria Group is set to dominate the vaping industry. They are at the top winning at the smoke free alternative market. They also have an exclusive United States distribution rights for IQOS.
British American Tobacco
British American Tobacco is another one of the big guns in the cigarette market. They are also moving to the wave of e-cigarette and have since been marketing their vaping brands. With their lines of e-cigarette, you can expect that they will continue to grow in the vape market. British American has gained its management of the heat-not-burn development and IQOS. An investment here could help gain a large profit from vape devices.
Cannabis stocks have also been on the rise with its value and profit escalating daily. Investing in CBD vape products is another good way to profit in this booming trend. Cannabis stock market is taking the vape market to a whole new level of profit making.