Coronavirus and Vaping: What It Means For You
Potential Supply Chain Disruptions Cause Concerns For Industry
The Coronavirus, and in particular the strain COVID-19, has set the world ablaze in recent months. This Coronavirus is flu-like in nature, posing the most significant risk to the immunocompromised such as the elderly.
COVID-19, the strain of Coronavirus at the source of our current outbreak, has been responsible for hundreds of casualties and thousands of illnesses all over the world. The ensuing panic following this epidemic may be responsible for supply chain and other economic disruptions that threaten not only the integrity of the vaping industry but the underlying global economy itself.
China has represented the epicenter of the outbreak and has been responsible for around 60% of reported cases of the virus as of the time of publishing. About 90% of the world’s vaping hardware is currently manufactured in Shenzhen, China, which is commonly referred to as the “vaping capital of the world.”
Analysts are concerned that disruptions from suppliers throughout the country may have greater implications for the broader international industry. While the industry is expected to adapt and persevere, its future remains full of uncertainty and doubt.
Supply Chain Disruption
The 2019-2020 coronavirus outbreak is an ongoing outbreak of a particular strain, COVID-19, that causes flu-like symptoms and immunocompromisation. This novel strain of the Coronavirus emerged from China and has rapidly spread over the world, with cases reported in nations such as Iran, Italy, and the United States.
Factory shutdowns and other forms of quarantine have caused supply chain disruptions across multiple sectors of the economy, threatening its overall stability and sending markets into a frenzied and uncertain state. The Coronavirus is impacting the vaping industry directly by halting the manufacture of core hardware components such as coils, pods, and even the vaporizers themselves.
Around 1,000 factories in China produce 90% of the world’s vapor devices, and there are few domestic or alternative international sources of production available. Factories in China are not rushing to resume production, and many remain closed under government-ordered quarantine.
These disruptions may lead to shortages of essential vaping hardware, such as coils and pods. While some suppliers had stocked up on products as news of the outbreak broke, analysts and those within the industry are concerned about potential shortages that threaten the industry itself should these disruptions continue.
Vaping has emerged as an essential smoking cessation aid and reduced harm alternative to tobacco, being supported by years of research, and countless studies affirming its value. Disruptions to the vapor industry threaten the health and lives of millions of current and former adult smokers all over the world by reducing access to such a valuable resource.
A multitude of studies have repeatedly demonstrated the efficacy of vaping as a smoking cessation device. As an example, research published in the New England Journal of Medicine found that vaping was more effective than traditional nicotine-replacement therapies in not only helping people quit smoking, but remain tobacco-free.
As well as being one of the most effective smoking cessation aids available, vaping has also been routinely demonstrated as a reduced harm alternative to tobacco. Studies from Public Health England and the Roswell Park Comprehensive Cancer Center found that vaping is 95% and 93% safer than smoking, respectively.
In addition to the landmark research mentioned above, a study published by the Journal of Aerosol Sciences found that vapers have a 57,000 times lower risk of developing cancer compared to smokers. The study also found that particulate matter in vapor is smaller and less harmful than the particulate matter produced by tobacco combustion.
Vaping is one of the safest alternatives to tobacco, and one of the most effective smoking cessation devices available. As demonstrated above, there is a wealth of scientific evidence and academic review highlighting the promise and potential vaping can provide.
The potential economic disruptions caused by the current coronavirus outbreak may have more significant implications for public health at large. Reduced access to vapor products may force former smokers back to tobacco and prevent current smokers from trying vaping.
While the future remains uncertain for the industry, things are expected to remain stable for the time being. The industry must establish procedures and new supply chains to mitigate such disruptions in the future.
What are your thoughts regarding the Coronavirus’s potential impact on the vaping industry? Are you concerned about a worldwide vapor hardware shortage? We would love to hear from you in the comments below, be sure to like us on Facebook and follow us on Twitter to receive all the latest vaping news!
(Image Credit – Pixabay – https://pixabay.com/images/id-4898571/)