How Electronic Cigarettes Leave Great Impact On The Economy?

Electronic cigarettes are the battery-powered cigarette look-alikes that heats up liquid nicotine in order to emit vapour. The main apparatus contains a rechargeable lithium battery, a liquid cartridge generally containing nicotine, flavouring, propylene glycol as well as other additives and an LED light at one end that usually stimulates the burning of a regular cigarette. However, in this advanced world, maximum numbers of people are opting for these electronic cigarettes without even worrying about the fact that it is safe or not.

The great use of these e-cigarettes are truly creating a great impact on the economy of the country. There are definitely some of the positive as well as negative impacts as well as definite pros and cons of this maximize use of electronic cigarettes. So, let us have a brief look on different positive effects of e-cigarettes on the economy stated by Magnifecig- an e-cigarette manufacturing company:

• When there was a deep void into which many of the customers who previously ran businesses were now become foundering and those consumers who worked for the companies went belly-up. The funds, stocks, real estate and pensions all were crashed some years before and the individuals need to find new work in their area of expertise.
• Meanwhile, in between all these hassles, for most of the people cigarettes were more important than the food and so different individuals who needed some relaxation time started smoking.
• In between all these, people heard a kind of rumblings within the economic woodwork about new type of smoking that actually didn’t involve smoke and this industry grew up in the midst of these financial losses. As a result, many of the people who were involved with these organizations recovered from financial losses by commencing the new business that did not have much competition at that time. Also, these people were able to switch from smoking towards smoke-free living along with other smokers while regaining their dignity at the same time.
• As the companies have grown and expanded themselves with the help of more staffs and adding extra shops, the company went on flourishing while raising the economy of the country. The online sales of e-liquids and e-juices have been increased as well as many other industries have grown for the people who make e-liquid and mechanical mods.

These were some of the positive effects of the e-cigarettes, contributing to the economy of the country. But still there are some negative impacts too of the e-cigarette industry. Let us have a brief look at that:

• There are high economic losses to consider as they are widely related to the tobacco companies as well as smoke shops.
• The e-cigarettes usually reduce the share of the market substantially that they already have.
• As the cigarette industry were not very popular before, they are now doubly unpopular nowadays as the smokers now have a better option than inhaling these cigarettes.

Thus, this is how electronic cigarettes leave both positive as well as negative impact on the economy of the country.