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Daily News on Vape Industry April 22nd, 2024


2024-04-22
  1. In February 2024, China’s exports of vapes to the Czech Republic were approximately US$4.61 million, a month-on-month increase of 5.13%, and a year-on-year increase of 11.62%; the export volume reached approximately 90 tons, a month-on-month increase of 0.82%, and a year-on-year increase of 82.55%.

 

  1. At present, the international market of nicotine bags is still in the early stage of market development and is still a niche product. However, it has rapid development prospects and the market growth rate far exceeds that of other tobacco substitutes.

 

  1. Australian Federal Health Minister Mark Butler led the state health ministers to jointly call on the federal parliament to pass a bill to combat vapes as soon as possible to prevent young people from becoming addicted to nicotine.

 

  1. The UK plans to strictly ban smoking. It plans to raise the tobacco purchase age year by year to ban purchases by those under 15 years old, in an attempt to reduce the smoking rate to zero, but it faces resistance from internal resistance and tobacco industry lobbying.

 

  1. The “IQOS ILUMA i” series of devices launched by global tobacco giant Philip Morris Japan has been fully available online and in convenience stores starting from April 16.

 

  1. Mexico bans the sale of vapes, new research reveals the link between vapesand heart disease, research shows that consumers of vapesare 19% more likely to develop heart failure than those who have never used them, Health agencies warn against reckless use.

 

  1. The Spanish government intends to raise prices and reduce cigarette consumption by increasing the tax burden on cigarettes, but such measures have not produced the expected results globally, setting a record high in Spanish cigarette tax revenue.