How COVID 19 has an effect on US vapes sales? Headset, a Seattle-based data analytics firm, found that the four markets it tracks – California, Colorado, Nevada, and Washington – all experienced market share declines in the wake of the lung disease scare last year. From late September to early October last year, the downward trend stabilized.
However, since the COVID-19, some companies that produce and sell vapes have said that even though COVID-19 is a respiratory-related illness that could lead to a decline in vapes sales, consumers have not reduced their vapes purchases.
Jessica Billingsley, CEO of Akerna, a Denver-based technology company that tracks data in the vape space, said, “Right now, we haven’t seen a significant decline.”
According to Billingsley, the company found that since August 2019, the market share of vapes sales has grown from 31% to 34% in terms of total sales.
She said, “Overall, sales have continued to grow slowly at a rate of two percentage points per month since October 2019.” The COVID-19 of the new coronavirus did not have a significant impact on the market, with sales of vapes increasing by more than 9% even in the early days of the pandemic.
We can also see that the vapes industry is still growing at a very fast rate in a hundred fast-growing statistical tables. Perhaps COVID-19 that has brought us trouble has also brought us very good market opportunities!
So COVID 19 did not have a bad effect on US vapes sales, even brings import & export companies many sales numbers! If you also want to take this opportunity to make your vape business better, you are welcome to send us an email so we can communicate with you sincerely.