South Korea Report: Heated Tobacco Sales Soar 2,500-Fold Globally Over a Decade, Prompting Urgent Call for Stricter Regulations

South Korea Report: Heated Tobacco Sales Soar 2,500-Fold Globally Over a Decade, Prompting Urgent Call for Stricter Regulations
The Korea Health Promotion Institute has called for stronger regulation of e-cigarettes and other novel tobacco products, emphasizing the need to protect minors from the influence of tobacco advertising.
May.21
Poland’s Disposable Vape Sales Drop 22%, Prices Set to Triple

Poland’s Disposable Vape Sales Drop 22%, Prices Set to Triple
Poland’s new excise tax on tobacco products is set to take effect in July 2025, imposing a levy of 40 zloty (around $10) per disposable e-cigarette containing e-liquid. Although the law has yet to be implemented, the market is already seeing a decline, with disposable vape sales in Q1 2025 down 22% yoy. Once the tax is enforced, prices are expected to rise from around $5 to nearly $13 per unit.
May.19
RELX Technology Q1 2025 Financial Report: Revenue Rises 46.5% YoY to $110 Million, Slips 0.6% from Previous Quarter

RELX Technology Q1 2025 Financial Report: Revenue Rises 46.5% YoY to $110 Million, Slips 0.6% from Previous Quarter
RELX Technology reported net revenue of RMB 810 million (US $110 million) for Q1 2025, down 0.6% quarter-over-quarter but up 46.5% year-over-year. On a non-GAAP basis, adjusted net profit for the quarter was RMB 250 million (US $34.6 million), a 0.2% decrease from the previous quarter and a 21.0% increase from a year earlier.
May.16
World Tobacco Development Report 2024 (Part II)

World Tobacco Development Report 2024 (Part II)
In 2024, global flue-cured tobacco production outside mainland China reached 37.28 million bales, as climate issues led to supply shortages. Prices continued to rise amid currency fluctuations and inflation. ETN highlights trends in the four major producing countries.
May.16
China Tobacco Official Media Releases the 2024 World Tobacco Development Report (Part 1): Nicotine Pouch Sales Increase by 36.9% YoY to 21.23 Billion Pouches

China Tobacco Official Media Releases the 2024 World Tobacco Development Report (Part 1): Nicotine Pouch Sales Increase by 36.9% YoY to 21.23 Billion Pouches
In 2024, global heated cigarette sales hit $38.85 billion, up 12.7% YoY, led by Japan, Italy and Russia. The e-cigarette market reached $23.04 billion, with disposable e-cigarettes up nearly 19% and open-system e-cigarettes at $8.1 billion, paced by the US and France. Traditional oral tobacco sales fell, while nicotine pouches soared 36.9% YoY, making the US the top market.
May.14
Ispire Reports FY2025 Q3 Revenue Down 12.7% to $26.2M; Secures Temporary Nicotine Production License in Malaysia

Ispire Reports FY2025 Q3 Revenue Down 12.7% to $26.2M; Secures Temporary Nicotine Production License in Malaysia
Ispire’s FY2025 Q3 revenue fell 12.7% to $26.2 million, with net loss widening to $10.9 million. The company is shifting manufacturing to Malaysia, aiming to cut costs by $8 million annually, and has obtained a temporary nicotine production license. It also filed a blockchain-based PMTA component with the FDA and launched the Sprout™ cannabis device with Raw Garden to grow its presence in emerging markets.
May.13
Nicotine Pouch Use Among U.S. High School Students Rises to 5.4%, Driven by Flavored Marketing and Social Media

Nicotine Pouch Use Among U.S. High School Students Rises to 5.4%, Driven by Flavored Marketing and Social Media
A recent study by the University of Southern California indicates that nicotine pouch usage among U.S. high school students nearly doubled from 3% in 2023 to 5.4% in 2024. The surge is attributed to flavored marketing strategies and social media influence. Health experts express concern over potential health risks, including gum damage and cognitive development issues.
May.09
Korea Tobacco Reports Q1 2025 Results: Net Profit Down 9.7% YoY to $180M, Heated Tobacco “lil Hybrid” Domestic Revenue Up 6.5%

Korea Tobacco Reports Q1 2025 Results: Net Profit Down 9.7% YoY to $180M, Heated Tobacco “lil Hybrid” Domestic Revenue Up 6.5%
KT&G reported consolidated revenue of 1.5 trillion won ($1.07 billion) in Q1 2025, up 15.4% year-on-year; net profit was 257.9 billion won ($180 million), down 9.7% year-on-year. Revenue from its heated tobacco product “lil Hybrid” in the South Korean market increased by 6.5% year-on-year.
May.08
Smoore Announces Equity Incentive Plan: Grants Over 4M Shares to 49 Employees, Valued at Over HK$54.14M

Smoore Announces Equity Incentive Plan: Grants Over 4M Shares to 49 Employees, Valued at Over HK$54.14M
Smoore International has granted a total of 4.004 million shares to 49 employees under its share award and option plans. The package includes 1.614 million awarded shares and 2.39 million options exercisable at HK$13.52 per share, with a total value of HK$54.14 million.
May.08
Japan Tobacco Q1 2025 Results: Revenue Up 11.7% to $5.8 Billion, Heated Tobacco Sales Rise 28%

Japan Tobacco Q1 2025 Results: Revenue Up 11.7% to $5.8 Billion, Heated Tobacco Sales Rise 28%
Japan Tobacco Inc. (JT) reported first-quarter revenue of ¥827 billion ($5.8 billion), up 11.7% year-on-year, driven by double-digit growth in reduced-risk products (RRP). The company announced plans to divest its pharmaceutical business, with the transaction expected to close in the second half of the year. Management reiterated its medium- to long-term strategic goal of achieving approximately 15% market share in key heated tobacco markets by the end of 2028.
May.07
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