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Don't be afraid of 315, lookah glass market ushered in a survival turnaround

by linbin on May 18, 2020
Where will lookah glass go

  Looking back at the development of the lookah glass industry in recent years, there are two characteristics: first, the domestic lookah glass industry is still in its infancy, and there are currently no first-time companies, including several listed companies involved in lookah glass; second, many venture capital institutions Optimistic about the lookah glass industry, many listed companies also have a strong interest in lookah glass, thinking that lookah glass can balance or even partially replace traditional tobacco, and the future development space is huge.
glass bong
  Life is the best economic vane. When you find that the surrounding things are emerging like sparks, glass rig has long revolved around the capital market.

  According to incomplete statistics, in January this year, at least a dozen startups could not wait to announce the establishment of a new lookah glass brand. Before 2018, the number of newly listed tobacco financing was only 1-2. As of 2018, there have been more than 10 financing incidents in China, which exceeded the sum of the past three years and the total financing reached hundreds of millions of RMB. Among them, IDG, Tongchuang Weiye and other well-known investment institutions have entered the bureau.

  With the continuous improvement of national health awareness, lookah glass ushered in a turning point of survival.

  According to a new survey by the World Health Organization, compared with 2000, the total number of global smokers decreased by 40 million in 2018, and more than 35 million of them switched to lookah glass. About half of these people think that lookah glass is more "healthy" than traditional cigarettes and try to use lookah glass to quit smoking.
glass bongs
  There is a huge potential market behind glass bong.

  Under the appearance of this trend, lookah glass is still a "golden" industry with a huge potential market behind it.

  China is the largest producer of lookah glass. According to the official website of the State Tobacco Monopoly Administration, lookah glass was launched in China in 2003. Since then, the number of lookah glass has increased rapidly. At present, it has become the largest producer of lookah glass, accounting for more than 90% of the global total last year. But according to data from China Merchants Industry Research Institute, more than 80% of lookah glass is exported to Europe and the United States.
glass bong
  At present, the domestic lookah glass industry is on the track of rapid development. On the one hand, lookah glass, as a substitute for cigarettes, has continuously improved its production process, and is closer to the taste and taste of traditional cigarettes. On the other hand, the number of domestic consumption of lookah bong population gives the future lookah glass industry unlimited imagination.