The cigarette business is changing. While still profitable, the billion-dollar industry has, initially in their history, some interesting competition for its marketshare.
Brands like Icon Vapor (OTCPK: ICNV) are turning traditional tobacco smokers into e cigarette top 10 and, according to financial analysts, could possibly be the next investing wunderkind.
“There’s a tremendous potential chance to convert the planet clear of hazardous, unsafe, cancer-causing cigarettes into a better, cleaner, healthier alternative,” says Daniel Balsiger, president of Icon Vapor. “And also the time is already.”
The market for vapor cigarettes — battery-powered inhalers that turn heated, nicotine-laced liquid into vapor — is now small, but growing quickly.
Inside a blog a year ago for the Motley Fool Network, Ilana Greene, a writer and part of the financial website, wrote that, ” top vapor e liquid are a healthy investment for casual and everyday traders mainly because it [the vapor cigarette industry] is definitely a $300 million market … and has the increase potential to be a $1 billion market share within 36 months.”
Furthermore, financial reports from your Wall Street Journal reported that the vapor cigarette industry made $500 million in 2012, while Wells Fargo Securities noted that sales would top $1 billion this past year. (At the time of this printing, actual sales figures were not available.) Although the marketplace for vapor cigarettes remains relatively dexrpky13 when compared to overall cigarette sales, usage of the smoking alternative keeps growing at exceptional rates. Therefore, investors are expecting a boom from the fledgling sect from the cigarette industry.
Balsiger agreed that investors would do well to go into on the floor floor, citing growth and development of 300 percent inside the vapor market, with sales reaching $10 billion in the following 5yrs.
“Our goal at Icon Vapor is to help you take advantage of the $800 billion dollar opportunity that may be currently belonging to big tobacco,” he says. “Time is right, and also the vapor industry is exploding.”
It might follow that if you wish to purchase the best vapor juice, you’d be creating a wise choice. In the event you choose Icon Vapor, you’d be making an even wiser one.