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Capital hunting glass water pipes, the next new outlet?

by linbin on May 15, 2020
When you go to glass water pipes, it is not an unpleasant smell of smoke, but a "pleasant" smell of fruit.

  Peach, pineapple, strawberry. Speaking of this, many people think of dessert or ice cream, but few people can expect that it will be accompanied by the taste of invasive glass water pipes. At present, there are more than 8,000 kinds of glass water pipes with different flavors in the world, including chocolate and bubble gum, which are all aimed at curious and fresh young people's markets.

  According to statistics, the global glass water pipes market reached 7.1 billion US dollars in 2016 and exceeded 10 billion US dollars in 2018, with nearly 40 million users worldwide.
pocket water pipe
  China is the largest producer of glass water pipes. glass water pipes exports account for more than 90% of the world's total output and are highly concentrated in Shenzhen. There are as many as 500 enterprises, accounting for about 13% of the total number of enterprises in the country. Most of them are distributed in Shajing, Fuyong, Hsiang Hsi, Longhua and other places. The first batch of e-commerce companies are Shenzhen Heyuan Technology, Shenzhen Zhuoyue and Shenzhen Saibao.

  Although China produces more than 90% of the world's glass water pipes, the domestic consumption market is still small, accounting for less than 10% of the world's glass water pipes consumption, but its penetration rate is far lower than that of Europe, the United States and other countries.

  In 2018, according to the report of the national adult tobacco survey, there were about 320 million smokers in China, accounting for 1/3 of the global smokers. At the same time, it is the world's largest tobacco consumer and producer, accounting for 44% of the world's tobacco market. As can be seen from the above points, the prospect of glass water pipes replacing the traditional tobacco market is very broad.

  It is understood that many people are introduced through friends. At present, domestic mainstream e-commerce platforms include Taobao, JD, etc. Com, which is basically sold by glass water pipes, and some brands can be purchased across borders through platforms. However, iqos e-cigarette bombs produced by Philip Morris, the world's largest tobacco company, are also owned by Marlboro. However, due to their tobacco content, consumers cannot use iqos e-cigarette bombs on domestic e-commerce platforms.
pokemon water pipe
  According to statistics, the current market penetration rate of glass water pipes in China is only 0.6%, and the potential market size has attracted more and more entrepreneurs and top-level capital. On March 12, domestic glass water pipes brand relyyueke completed a new round of financing worth 800 million us dollars.

  In 2018, more than a dozen glass water pipes companies in China won the favor of capital with a total financing of several hundred million yuan. For example, after selling more than 10,000 sets of iDuckglass water pipes, former uncle Cai Yuedong posted posters on WeChat to announce that his glass water pipes brand "Yooz" has been listed.

  It is reported that Xiaomi's ecological chain company will enter the glass water pipes field, but Xiaomi responded: "Xiaomi will not do glass water pipes. this is purely a rumor."

  In addition, many listed companies are also involved in the glass water pipes field, such as A-share listed company Shun Hao, Yingxing Technology, Yiwei Lineng, dongfeng shares, etc., newly established third board listed companies Xerox, New Fifth Ring Electronics, Silica Fume, Yingpu, etc. Hong Kong listed companies China Flavor & Fragrance, Tianchang Group, Onna Technology Group, etc.

  In January 2019, Smartisan founder Luo Yonghao became the "Liufulu" electronic cigarette platform of former employee Zhu Xiaomu at the "Chatting Treasure" press conference. Recently, an anonymous person claiming to be a former technology employee disclosed on the card that the severance package could be converted into a share of the glass water pipes project (Lao Luo works for himself).
  When the hammer was cold, Luo Yonghao withdrew from the shareholders of Liao Tianbao and his unimpeded breathing technique was sold. Luo Yonghao's "high quality" assets have also disappeared. Recently, another netizen disclosed that Luo Yonghao was looking for photos of a glass water pipes replacement factory in Shenzhen. Does old Luo really want to change glass water pipes?
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