- Coronavirus outbreak known as COVID-19 originated in Wuhan City, Hubei Province.
- 90% of the world’s vape devices are produced in 1,000 factories in Shenzhen, China.
- Vape devices are all about the newest and most advanced technology. If production is delayed, so is the evolution of these products.
What does the Deadly Coronavirus outbreak mean for the vape industry?
The deadly and highly contagious COVID-19 (coronavirus) is spreading at an alarming rate. Being carried far beyond Chinas borders by thousands of people. The coronavirus has spread to many western countries including the United States and if not contained, it will lead to a huge scarcity in vaping hardware.
The CDC reported that the Coronavirus outbreak known as COVID-19 originated in Wuhan City, Hubei Province. The pneumonia-like virus has killed over 3,200+ people as of this article, while more than 95,000+ people have been confirmed to have contracted the virus in over 71 countries. The Coronavirus has been reported to have confirmed cases in South Korea, Iran, Italy, France, Germany, and the United States. Iran has confirmed eight deaths, South Korea reported six deaths, and the Italian government confirmed the death of three people. While the US has reported 9 deaths.
Many highly populated cities in China that have been shut down in efforts to stop the spread of the deadly coronavirus are allowing businesses to resume operations under very strict measures to prevent any further spread of the virus. China encourages citizens to return to work due to the hit to the economy, however, many employees are staying home to prevent any potential dangers to themselves and their families. As cases continue to soar, families do not want to return to regular work-life and risk contracting the deadly virus and unknowingly bringing it home.
The vape industry looks to take a big hit with Chinese manufacturers not rushing to return to regular operations, and there are few or no options. 90% of the world’s vape devices are produced in 1,000 factories in Shenzhen, China. If this continues, there could be an insufficiency in vape products and may even completely run out of stock. Shortages are not the only problem the coronavirus is causing the vape industry. Vape devices are all about the newest and most advanced technology. If production is delayed, so is the evolution of these products.
Coronavirus Outbreak Affecting Vape Industry, Online Vape Retailer ProVape Says. (2020). Retrieved 4 March 2020, from https://www.prnewswire.com/news-releases/coronavirus-outbreak-affecting-vape-industry-online-vape-retailer-provape-says-301011750.html Norcia, A. (2020). Sources: Coronavirus Could Lead to a US Vape Shortage. Retrieved 4 March 2020, from https://www.vice.com/en_us/article/7kzwpe/coronavirus-could-lead-to-a-us-vape-shortage-sources-say