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Daily News on Vape Industry April 16th, 2024


2024-04-16
  1. In February 2024, China exported approximately US$9.6 million in vapesto Poland, a month-on-month decrease of 33.25% and a year-on-year increase of 43.43%; the export volume was approximately 158 tons, a month-on-month decrease of 37.04% and a year-on-year increase of 73.99%.

 

  1. The Journal of the American Medical Association retracted a paper on vapespublished two months ago. Researchers stated in the manuscript that vapesis no worse than prescription drugs in helping people quit smoking. And it works better than nicotine gum. The paper attracted widespread attention in the medical community, lay press and social media, but was subsequently retracted.

 

  1. STG is launching a new generation of XQS nicotine bags in the UK, which is expected to be available to retailers from May. The UK contributes 10% to global nicotine bag revenue and is currently the third largest European market after Sweden and Denmark.

 

  1. The number of users of Philip Morris International’s IQOS increased by 15% to 28.6 million. Its CEO stated that 2023 is the year they strive to move towards the goal of a “smoke-free future”. In addition, sales of PMI’s non-combustion products exceeded its total sales in 25 countries, an increase of eight countries from the previous year.

 

  1. Imperial Tobacco announced that its Italian market performance will increase to 3.8 million euros in 2023. Among them, the sales of emerging tobacco products have grown rapidly, accounting for more than 50% of the company’s total revenue in Italy.

 

  1. A survey by Action on Smoking and Health in Wales found that more than half of Welsh small businesses support plans to criminalize the sale of tobacco to people born after 2009.

 

  1. The police in Wuwei, Gansu successfully uncovered a full-chain case of manufacturing and selling counterfeit vapes. They eliminated a criminal gang located somewhere in Shenzhen and arrested 22 suspects. The amount involved in the case is as high as 110 million yuan.