320% Growth in Rate of Disposable Vape Sales Concerns Vape Giant IndeJuice.com

The UK’s number 1 online vape platform, IndeJuice, has forecast a 320% Compound Annual Growth Rate (CAGR) for the disposable vapes sector in 2022 following the company’s previous announcement of a 279% increase in sales reported for the final quarter of 2021. This forecast is based on the company’s sales volume of disposable vapes in Q1 2022 which was equivalent to their total volume of disposable vape sales for the entirety of the 2021 calendar year.

Whilst encouraged by the conversion of smokers to vaping, CEO George Muharib expressed concerns related to counterfeits, non-compliant goods and potentially unsafe devices in circulation. "The recent increase in demand for disposable vapes is a cause for celebration as it represents smokers making the switch to vaping. However, it is also a worry as we see more counterfeit and non-compliant goods flood the market" the CEO explained.

"Our research indicates that 1 in 3 of all Geek Bar products on the market today are counterfeit. This means that for Geek Bars alone, millions of counterfeit and unlicensed products are in circulation in the UK, presenting a huge challenge to the industry that we must tackle head-on."

"Elf Bars are also amongst the most counterfeited product on the market" the CEO continued, "disposable vapes authorised for UK sale should not have a capacity of above 1,000 puffs as this is the technical and material limit within current UK regulations. Seeing Elf Bars with 1,500 puffs all the way up to 7,000 puffs being advertised so freely is extremely alarming. We reaffirm our commitment to work collaboratively with local authorities to ensure that these goods are removed from sale immediately."

With local enforcement agencies and trading standards announcing new measures to combat counterfeit goods, including picking up the pace of brick-and-mortar raids, IndeJuice has expressed concerns about the urgency being apportioned to the task.

"We are very proud of our Prime Certification due diligence process that eliminates all counterfeit goods by only allowing the official producer of vape goods to sign up to our platform," said CTO Hakeem Javaid, "Now more than ever, powerful technology is the most effective way of eliminating unsafe goods whilst empowering smokers to quit for good by switching to vaping, as the NHS and Cancer Research UK recommend from their research studies".