Government and Organizers Clash over Vape Show in South Korea

Regulations by 2FIRSTS.ai
Jul.18.2023
Government and Organizers Clash over Vape Show in South Korea
The largest e-cigarette show in South Korea faces opposition from the government due to concerns over smoking and minors.

According to the Ministry of Health and Welfare and related industries on the 13th, the Korea E-cigarette Promotion Agency will be hosting the "Korea Vape Show 2023" from the 21st to the 23rd of July at KINTEX in Goyang City, Gyeonggi Province. This event, now in its fourth edition, is an e-cigarette exhibition where the latest e-cigarette products and technologies will be displayed and sampled.

 

However, the Ministry has sent a formal request to the organizers, highlighting the issues of smoking inside the venue and the lack of control over the entry of minors, urging them not to hold the event. The current Korean regulations state that smoking can only take place in completely enclosed spaces (smoking booths), yet this event showcases e-cigarettes openly on stage. During last year's event, participants puffed vapes or conducted demonstrations by exhaling vapes for an extended period of time.

 

Despite the ministry's concerns, the organizers plan to proceed with the event as scheduled. The organizers intend to prohibit the entry of minors by confirming their visitors' identification cards on the day of the event. Additionally, they have announced plans for exhibitors to install smoking booths in their indoor booth spaces and to prohibit e-cigarette demonstration events.

 

However, the Ministry still plans to conduct on-site inspections on the day of the event, as there may be instances of smoking in non-smoking areas and violations of the law. As a conflict arises between the government and the organizers, domestic tobacco companies are concerned that the negative image of e-cigarettes may spread, leading to further government regulations.

 

In reality, while the government considers both heated tobacco products and liquid-type e-cigarettes to have harmful ingredients similar to conventional cigarettes, the industry claims that heated tobacco products are 95% less harmful than conventional cigarettes and actively promotes the switch to e-cigarettes. Some tobacco brands, including BAT Luckies, are considering entering the e-cigarette market for portfolio diversification.

 

Amidst this situation, concerns have been raised about the potential contraction of the liquid-type e-cigarette market due to conflicts between the organizers and the health authorities. As the controversy surrounding this event unfolded, some have suggested actively considering including liquid-type e-cigarettes in the Tobacco Business Act to strengthen regulations.

 

The concern is that although liquid-type e-cigarettes are subject to lower taxes compared to conventional cigarettes and heated tobacco products, and online sales are allowed, the harmful substances and quantities are not properly disclosed. An industry representative stated, "Small businesses and roadshow brands handle most liquid-type e-cigarettes. If controversies such as indoor vaping and exposure to minors arise from this event, it may lead to a more negative perception of the e-cigarette market."

 

As the conflicts between the government and the organizers intensify, a resolution will be critical not only for the hosting of this event but also for the future development of the e-cigarette industry in South Korea.

This document has been generated through artificial intelligence translation and is provided solely for the purposes of industry discourse and learning. Please note that the intellectual property rights of the content belong to the original media source or author. Owing to certain limitations in the translation process, there may be discrepancies between the translated text and the original content. We recommend referring to the original source for complete accuracy. In case of any inaccuracies, we invite you to reach out to us with corrections. If you believe any content has infringed upon your rights, please contact us immediately for its removal.

China Boton Sells Bubblemon Vape Brand to RELX Founder
China Boton Sells Bubblemon Vape Brand to RELX Founder
Boton Holding SPV agrees to sell, and the buyer agrees to purchase 5,100 shares of the target (equivalent to 51% of the target company's equity) at a price of ($13.84 million).
Business
Jul.11 by Vincent Yi; Ashe Wong
South Korea's E-cigarette Imports: China, Vietnam, Malaysia Ranked Top 3
South Korea's E-cigarette Imports: China, Vietnam, Malaysia Ranked Top 3
According to South Korean customs data, China was the top importer of e-cigarettes in July, followed by Vietnam and Malaysia.
Market
Aug.16 by 2FIRSTS.ai
KT&G's Revenue Increases Due To The Strengthening U.S. Dollar
KT&G's Revenue Increases Due To The Strengthening U.S. Dollar
As of the afternoon of the 20th, KT&G was trading at KRW 85,900, up 1.90% (KRW 1,600) from the previous day. Kiwoom Securities Researchers assessed KT&G as a "beneficiary of a higher U.S. dollar" and maintained a "buy" rating.
Market
Sep.21
ELFBAR sets Target of 2 Million Pieces in Korean Market
ELFBAR sets Target of 2 Million Pieces in Korean Market
The sole agent of ELFBAR in South Korea announced that it would cooperate with a digital marketing company to develop the Korean market, with a target of selling 2 million pieces of ELFBAR products this year.
Market
Mar.02
China Tobacco Deputy Director Meets KT&G Vice President
China Tobacco Deputy Director Meets KT&G Vice President
On July 11th, Wang Gongcheng, Deputy Director of the State Tobacco Monopoly Bureau, met with a delegation from KT&G.
Events
Jul.12 by 2FIRSTS.ai
Korean Authorities Reveal List of Tax Evaders with Huge Debts
Korean Authorities Reveal List of Tax Evaders with Huge Debts
Approximately 70,000 individuals and companies in South Korea owe over 4 trillion won in unpaid taxes, according to Naver on November 15th.
Business
Nov.16 by 2FIRSTS.ai