Download Report Sample
Cigarettes & Tobacco Products
Get all the information you need to support your specialization in the cigarettes and tobacco products industry without spending hours pulling everything together!
Over recent years, vaping has become a phenomenon, fueled by the recent visibility of numerous celebrities engaged in this trend. The term vaping came from the act of exhaling water vapor from e-cigarettes, which are battery-powered devices that heat a liquid-filled cartridge. Aimed to mimic the function of a traditional cigarette without the ash and odor, these devices usually contain various components that include nicotine, propylene glycol or glycerol to produce the aerosol.
According to the Tobacco Vapor Electronic Cigarette Association, there are about four million vapers in the U.S., and sales of the devices are expected to exceed $1 billion by the end 2013. While e-cigarettes continue to gain steam, there are mixed reactions on its efficacy. Fans of e-cigarettes say they are an effective way to stop smoking traditional tobacco cigarettes, arguing that they can lessen nicotine intake without ingesting the tars and other dangerous additives in cigarettes. However, critics say e-cigarettes encourage minors to smoke and encourage lifelong addiction, and point out they are far from nicotine free. Currently, there is no regulation of e-cigarettes by the Food and Drug Administration, (FDA) similar to tobacco products. The European Parliament recently refused to classify and regulate e-cigarettes like other nicotine delivery systems including patches, to the dismay of the companies which manufacture them and the delight of e-cigarette users in Europe who voiced strong opposition to the regulations. With only small and inconclusive studies currently available about e-cigarettes, FDA and the CDC said they will continue to explore ways to increase monitoring and research on these devices.
Access Advisen’s unique risk and insurance knowledge within our industry reports, including:
Become well informed about the cigarettes and tobacco products industry – order the Cigarettes and Tobacco Products Industry Insight Report!
Industry Insight Reports provide in-depth information on more than 120 industries. Advisen analyzes hundreds of sources to create insightful and easy to digest industry intelligence so risk and insurance professionals can better understand a prospect’s or client’s business issues using comprehensive industry reports.
