Home> News> In 2021, the Export of China's Electronic Cigarette Industry will Reach 138.3 Billion yuan, with a year-on-year Increase of 180%
March 08, 2023

In 2021, the Export of China's Electronic Cigarette Industry will Reach 138.3 Billion yuan, with a year-on-year Increase of 180%


The Summit Forum was successfully held


On December 17, the "2021 5th International E-Cigarette Industry Summit Forum" hosted by the E-Cigarette Industry Committee of the China Electronic Commerce Chamber was successfully held in Shenzhen. The summit forum attracted more than 1000 people to participate in the event, and nearly 400000 people watched the live broadcast on the domestic and international lines. Dozens of Electronic Cigarette enterprises, such as Hengxin Yongji, Green Yunda, Macwell, Egarte, Fuxin Technology (Yueke), Heyuan Technology, Aviplus, as well as many media and investment institutions attended the meeting.

Main topics of the forum


The forum is divided into morning and afternoon sessions. With the theme of "continuous innovation, breaking through the border and ushering in a new era of atomization", the morning session will focus on the new policy of e-cigarettes, brand launch, capital outlet and other topics; In the afternoon, with the theme of "20 years of atomization, a new starting point and a new journey", the "2021 Blue Book of Electronic Tobacco Industry" and the "20 years of atomization" documentary series were released.

The Electronic Cigarette Industry Committee of the China Electronic Chamber of Commerce and the Cigarette Think Tank jointly released the "2021 Blue Book of Electronic Cigarette Industry". The report shows that there are more than 1500 domestic e-cigarette manufacturing and brand enterprises, more than 190000 e-cigarette retail outlets, and nearly 100000 e-cigarette supply chain and peripheral service enterprises. The domestic electronic cigarette industry directly employed about 1.5 million people, driving 4 million indirect employment, totaling about 5.5 million people.vape

market


In terms of market size, in 2021, the estimated retail sales of global electronic atomized cigarettes will reach US $80 billion, with a year-on-year increase of 120%, and it is expected to maintain a growth rate of 35% in the next three years; Domestic retail sales in 2021 are estimated to be 19.7 billion yuan, up 36% year on year.


In terms of exports, China's electronic cigarette industry exports about 138.3 billion yuan in 2021, up 180% year on year; The top four destination countries or regions of export volume are the United States, the European Union, Russia and the United Kingdom, accounting for 53%, 15%, 9% and 7% respectively.

In terms of patents, from 2003 to October 31, 2021, the total number of patents applied in China was 26403, of which liquid electronic cigarettes accounted for 93.4%. On the whole, the recent three years have witnessed the emergence of electronic cigarette patents; Guangdong Province is a major province in applying for e-cigarette patents, accounting for more than 60%. Private enterprises are the main force in applying for patents, accounting for nearly 90%.vape (2)


Main participants of the forum

The leaders participating in the summit included Qu Weizhi, former vice minister of the Ministry of Information Industry and director of the Expert Advisory Committee of the China Electronic Commerce Chamber, Liu Dan, executive vice president of the CPC Party History Research Association, Wang Ning, president of the China Electronic Commerce Chamber, Wang Yanting, former director of the Department of Science and Education of the National Tobacco Monopoly Administration, and member of the Expert Committee of the China Electronic Commerce Chamber, Peng Lihui, secretary general of the China Electronic Commerce Chamber, and the chairman of the Electronic Tobacco Industry Committee of the China Electronic Commerce Chamber Yao Jide, Chairman of Hengxin Yongji Technology (Shenzhen) Co., Ltd., Huang Guihua, Executive Vice Chairman of Electronic Cigarette Industry Committee and Chairman of Shenzhen Green Yunda Technology Co., Ltd., Liu Tuanfang, Executive Vice Chairman of Electronic Cigarette Industry Committee and Chairman of Shenzhen Yijiate Technology Co., Ltd., etc.


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