- The Spanish Ministry of Health plans to approve the “Comprehensive Tobacco Combat Plan” that was not adopted by the previous government in the first half of 2024, and will subsequently determine the main time points for implementation. In addition, restrictions on flavors currently only apply to HTP products, and there are no plans to expand to vapesin the near future.
- 2. Since September, the British vapemarket has been shrouded in rumors of a ban on disposable vapes, leading to a downturn in the market. Amid the weak market conditions for disposable products, MODand e-liquid products are seeing development opportunities in the UK.
- Many well-known disposable vapebrands such as ELF BAR, LOST MARY, SKE, VUSE, BLU, EL UX, IVG, HAYAT I, ZAP!, etc. have launched e-liquid products.
- British American Tobacco has launched a new heated tobacco device – GLO Hyper Pro, which charges faster and lasts longer. Ithas been put on shelves and sold in multiple markets.
- In November 2023, China’s vapeexports to Croatia were approximately US$14.04 million, a month-on-month increase of 80.82% and a year-on-year decrease of 9.89%.
- At the board of directors meeting, KT&G President Baek Bok-in announced that he would give up running for a fourth term and would no longer seek re-election as president. He said: “As KT&G moves toward ‘global top leapfrogging and transformation, new leadership is needed.
- VPZ, the UK’s leading vaperetailer, has opened a new store in Newcastle’s premium shopping mall Metrocentre. It is reported that VPZ plans to open 15 new stores before the end of 2023. If the plan is successfully implemented, the total number of VPZ stores will increase to more than 160.