Category: Joyetech

2020 e-cigarette industry challenges and opportunities-European e-cigarette market live show was held by China e-cigarette committee in May. This show is mainly aimed at the COVID 19. During the live show, some vape industry bosses including Joyetech Group Vice President, Yao Jiefeng, shared their opinions and advice on vaping industry during the new coronavirus pandemic crisis.

The live sharing session first connected Dustin Dahlmann, president and founder of the European Electronic Cigarette Association in Germany. Dustin fully shared the current epidemic situation in major European countries, the situation of the e-cigarette industry, and suggestions for the industry, including:

1. Most countries in Europe have begun to resume work and production, and the number of infected people is continuously decreasing;

2. Under the epidemic situation, the overall market of the European e-cigarette industry is not optimistic. Not only are the profits of wholesalers and retailers gradually decreasing, but they are also facing greater pressure to destock and have insufficient cash flow;

3. Brands and manufacturers are recommended to properly extend the life cycle of products and strengthen support for wholesalers and retailers;

4. Strengthen product cost control and create greater profit margins;

5. Increase product innovation.

After Dustin, Yao Jiefeng, Vice President of Joyetech Group, mainly shared from two perspectives: epidemic situation and policy.

From an epidemic perspective, the global epidemic has caused inestimable losses and impacts on the e-cigarette industry. With the effective containment of the epidemic, countries and regions such as China and Europe have gradually ushered in the post-epidemic era. In the post-epidemic era, the e-cigarette industry should take actions and face the current industry situation, and slowly recovering industry demand from three aspects of quality, service and R & D.

From a policy perspective, the European Union has launched TPD2 and the United States has introduced PMTAs. Although these policies currently cause a certain degree of trouble to the development of the e-cigarette industry, in the long run, these policies are beneficial and harmless. At the regulatory level, the industry is regulated, and compliant to help the industry develop sustainably and healthily.

Therefore, at the end of the live broadcast sharing session, Yao Jiefeng, Vice President of Joyetech Group, expressed a positive and optimistic attitude towards the industry: the global e-cigarette industry is still promising.

Recently, the Shenzhen Company of China Inspection and Certification Group accepted the commission to Joyetech, completed the first factory inspection of UL’s first e-cigarette in the world.

After 4.5 hours of inspection and audit work, Joyetech e-cigarettes fully meet the requirements of UL8139 standard, successfully passed the first inspection, and obtained the green pass for entering the North American market and even the global market, which played a leading role in the development of the domestic e-cigarette industry.

Alex Chen, an expert in UL e-cigarettes, said: the first inspection task is heavy, from the IPI notification to the field inspection only two days, the time was very urgent. This first inspection can be completed successfully. On the one hand, I appreciate the full cooperation of CCIC shenzhen company. on the other hand, I would like to thank the inspector Zen Zhang for his professional inspection.

In addition, UL hopes that with the smooth launch of the world’s first UL e-cigarette certification, more industry customers will see our positive attitude and high-efficiency action in the standard R&D field, helping manufacturers foster product credibility so that they can stand out in the international market competition.

As a transformation channel for traditional tobacco, e-cigarettes have been widely distributed throughout the world in recent years, especially in countries such as Europe and the United States. In May 2017, the US National Standards Committee released the UL 8139 standard as the e-cigarette standard for the first time. In June 2018, the global safety science leader UL announced that UL8139 for the e-cigarette/smoke safety standard was recognized by the American National Standards Institute and the Canadian Standards Committee. And it officially became the North American national standard ANSI/CAN/UL8139 and became the only recommended standard for e-cigarette products to enter the US market.

This time, Joyetech passed the first inspection of the world’s first UL e-cigarette certification products, which not only optimizes the expansion of the e-cigarette market and improves the overall manufacturing level of e-cigarettes in China, but also embodies the significance of the “san hua liu hao” strategic guidelines.

Source: Shenzhen Company of China Inspection