- The Scottish government has made it clear that large-capacity disposable vapeswill be treated as disposable products under the proposed legislation currently submitted to the Scottish Parliament. The policy is expected to be officially implemented on April 1, 2025.
- BAT’s first-half performance report showed that its revenue in the first half of the year was 12.34 billion pounds and its operating profit was 4.258 billion pounds, a year-on-year decrease of 28.3%, and new tobacco accounted for nearly 18% of its revenue.
- The Russian State Duma passed a new law in the third reading, which regulates smokeless tobacco products (oral tobacco and snus). The law also stipulates nicotine content limits and prohibits any harmless statements on packaging.
- Brazilian police seized 129,000 smuggled vapes, involving vapebrands GEEKVAPE, VAPORESSO, etc. This is the country’s largest number of vapesmuggling cases seized in 2024. The driver was arrested and faced smuggling charges.
- Philip Morris International will postpone the trial sale of its heated tobacco device IQOS in the United States to the fourth quarter. In addition, the company is waiting for FDA market authorization for its IQOS ILUMA device, which is expected to be obtained in the second half of 2025.
- UBS Global Research pointed out that China is the world’s main vapeproduction base, and its strong export growth is expected to continue to change the global tobacco industry landscape. Chinese manufacturers have performed well in the disposable vapemarket and will continue to dominate the global vape market. It is expected that the annual growth rate of vape sales will reach 10.2% from 2023 to 2028, and by 2028, it will account for 9.7% of the total nicotine sales in the top 40 markets.