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Daily News on Vape Industry August 7th, 2024


2024-08-07
  1. July 4th In the first half of 2024, Philip Morris International Korea has achieved a 20% market share in the country through the upgrading of heat-not-burn products. The company said it will stop producing old products and focus on the promotion of new IQO SILUMA and TEREA.

 

  1. According to LPNT data, Russia’s vapeoil imports nearly doubled in the first half of 2024, and about 40% of the vapeoil market was occupied by bottled oil.

 

  1. The U.S. FDA today issued two regulatory science policy memoranda on pre-market tobacco product applications (PMTAs) for new vapes. The two memoranda are titled “Genotoxic Hazard Identification and Carcinogenicity Stratification of Ingredients in Pre-Market Tobacco Product Applications for Electronic Nicotine Delivery Systems (ENDS)” and “Calculating Excess Lifetime Cancer Risk in Pre-Market Tobacco Product Applications for ENDS”.

 

  1. Professor Tony Lawler, Director of the Australian Therapeutic Goods Administration (TGA), spoke at a conference, emphasizing that only vapesthat meet TGA standards can be imported and sold in Australia. vapesmust be managed as therapeutic products, which is why they can not be sold in retail environments.

 

  1. Data released by the UK ASH (Action on Smoking and Health) showed that about 18% of British teenagers tried vapesin 2024. Although this proportion has decreased from 2023, nearly one million teenagers have tried vapes. The use of disposable vapeshas decreased from 69% last year, which may be due to the upcoming ban on disposable vapes and the entry of reusable disposable vapes into the market.

 

  1. The Czech Ministry of Health plans to strictly control the sale of vapes, banning all flavored vapesand only allowing tobacco flavors. The new regulations are expected to take effect next year.

 

  1. Government Regulation No. 28 of 2024 issued by the Indonesian government requires tobacco packaging to display health warnings more prominently and strictly restrict tobacco advertising, including prohibiting the sale of tobacco products to people under the age of 21 and pregnant women, and limiting the broadcast time of outdoor media advertising to reduce the impact on minors.