On October 20th, the IECIE Indonesia Jakarta Vaping Expo was held at the Jakarta International Expo Center. The exhibition was expected to cover an area of 12,000 square meters, with an estimated attendance of 10,000 visitors and the participation of 300 exhibitors and brands. As the first day of the expo drew to a close, what were some of the highlights?
The IECIE Indonesia Jakarta Vape Expo has officially begun.
The IECIE Indonesia Jakarta Vape Expo opened officially at 11:00 Indonesian time (12:00 Beijing time)! This marks the first time that IECIE has held an exhibition outside of China. The expo is being held at the Jakarta International Expo from October 20th to 22nd, and will last for three days.
The Secretary General of ECCC, Ao Weinuo, delivered a speech at the IECIE event.
At the exhibition venue, ECCC Secretary-General Mr. Ao Weinuo delivered a keynote speech entitled "Future Trends of China's Electronic Cigarette Industry: Compliance, Refinement, and Globalization".
Secretary-General Ao Weinuo stated that the global e-cigarette market will inevitably move towards a new pattern of legalization, internationalization, and standardization in the future. Only continuous innovation can achieve the sustainable updating and iteration of e-cigarette products, seize development opportunities, and ensure quality and safety in the industry. Only by remembering to protect minors and taking on social responsibilities can the industry welcome a healthier, more orderly, and brighter future.
Secretary-General Ao Weinuo delivers an online speech.
Vice President of 2FIFSTS, Luo Feng, delivered a speech at the IECIE event.
At the IECIE event, Vice President of 2FIFSTS, Luo Feng, delivered a keynote speech titled "Sharing the Latest Developments in China's Regulatory Policies and 2FIRSTS Southeast Asia Coverage Plan".
According to Luo Feng, 2FIRSTS has offices in North America, Europe, and Southeast Asia and is committed to providing 24/7 real-time information coverage for the global atomization industry. 2FIRSTS continuously updates industry reports and monthly publications to keep up with the latest regulations, market trends, and major companies, and presented their monthly report on the Southeast Asian market on-site. 2FIRSTS has also established a manufacturer database to provide even more convenience for numerous partners in foreign markets.
Luo Feng delivers a live speech on stage.
The spokesperson of the Indonesian Customs Administration gave a speech at the IECIE event.
At the exhibition site, Mr. Nirwala, Director of Compliance and Stakeholder Relations at the Indonesian Customs, delivered a keynote speech on "Indonesia's Customs Clearance and Tax Policies for Imported Electronic Cigarette Products.
Mr. Nirwala has stated that since 2017 to 2021, Indonesia has been imposing a tariff of 57% on electronic cigarette products. This year, however, the taxation is based on units, with a tariff of IDR 2.71 imposed on every gram of solid tobacco products, IDR 445 on every milliliter of open system e-liquid, and IDR 6.03 on every milliliter of closed system e-liquid.
The Secretary-General of the Indonesian Vaping Association proposes that Chinese companies establish factories in Batam, Indonesia for electronic cigarettes.
On October 20th, 2FIRSTS conducted an exclusive interview with Garindra Kartasasmita, the Secretary-General of the Electronic Cigarette Association of Indonesia (APVI).
When asked how the Chinese e-cigarette industry could help their Indonesian counterparts, Garindra offered a practical suggestion for all Chinese manufacturers. Garindra stated that if their target markets are still in countries such as the United States, United Kingdom, and the Middle East, then they should consider establishing a manufacturing plant in Batam, Indonesia. Batam Island is designated as a free trade zone, which means that Chinese companies can import all their raw materials without paying any tariffs and easily export their products.
LAMY plans to fully expand its range of products in the Southeast Asian market.
Laimi has identified the Southeast Asian market as a crucial strategic market and therefore displayed a wider range of products at the exhibition, including both large and small pod vapes, large and small disposable e-cigarettes, and refillable products. Laimi plans to distribute its products throughout Indonesia and will adapt its sales and promotion plans based on market feedback.
Product quality platform suggests Indonesia could become the largest e-cigarette market in Southeast Asia.
According to staff members at Pinduoduo, a significant proportion of Indonesia's population is comprised of young people, making it a potentially huge market and providing the company with a great deal of confidence in the future of the vaporization industry in Indonesia and Southeast Asia.
Me and FEELM collaborate to launch a new product in the United States.
American brand Me and Chinese company FEELM have collaborated to launch a new product, which is a disposable cigarette that utilizes FEELM Max ceramic core technology.
To learn more about the IECIE Jakarta vaping exhibition, please click on the special image to be redirected.
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