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Daily News on Vape Industry April 3rd, 2024

  1. In February 2024, China’s vapeexports to the Philippines were approximately US$39.81 million, a month-on-month increase of 74.39%, and a year-on-year increase of 716.36%; the export volume was approximately 1,078 tons, a month-on-month increase of 79.04%, and a year-on-year increase of 1,034%.


  1. Vapecompany PIxsur successfully achieved its combined revenue target of US$1 billion in 2023. Plxsur leadership believes that its partners’ combined market share accounts for approximately 10% of the global US$19.34 billion vapemarket.


  1. Scotland’s Department of Health is considering introducing minimum prices for vapesand tobacco in response to concerns that prices are being artificially low, while calling for restrictions on their supply and backing proposals for simple packaging.


  1. The Indonesian vapeRetail Association calls on the government to maximize the potential of vapesto reduce the number of smokers in Indonesia.


  1. The U.S. government’s plan to ban menthol cigarettes and flavored cigars seems to have been delayed again, and the plan is expected to be delayed until after the November 2024 election.