Illegal E-cig Market in Victoria, Australia Predicted to be AUD 500M

Regulations by 2FIRSTS.ai

Feb.07.2024

Illegal E-cig Market in Victoria, Australia Predicted to be AUD 500M

Illegal e-cigarette trade in Victoria, Australia estimated to be worth $500 million, raising concerns of a black market.

The Budget Office of the Victorian Parliament in Australia has recently released a report estimating that the scale of illegal e-cigarette transactions in the state could reach AUD 500 million. The report also states that there are currently 461,000 e-cigarette consumers in the state, with annual expenditures on products ranging from AUD 400 to AUD 1300.

The report has raised concerns among the public, with fears that the illegal trading of e-cigarettes may further fuel the black market and benefit organized crime.

In recent months, retail stores that carry e-cigarette inventory have become the primary target of police raids and inspections.

Earlier this year, the Australian federal government imposed a ban on the importation of disposable smoking devices.

Also Read:

[1] New South Wales Government Requires Sellers to Report Tobacco and E-Cigarettes

[2] 7 Times More Vape Shops in Schools and Low-Income Communities than in Affluent Communities

[3] Australia to Implement Stricter Regulations on E-Cigarettes from March 1st

#E-cigarette #Victoria #E-cigarettes and Tobacco #Illegal e-cigarettes #E-cigarette Market

We welcome news tips, article submissions, interview requests, or comments on this piece.

Please contact us at info@2firsts.com, or reach out to Alan Zhao, CEO of 2Firsts, on LinkedIn

Notice

1. This article is intended solely for professional research purposes related to industry, technology, and policy. Any references to brands or products are made purely for objective description and do not constitute any form of endorsement, recommendation, or promotion by 2Firsts.

2. The use of nicotine-containing products — including, but not limited to, cigarettes, e-cigarettes, nicotine pouchand heated tobacco products — carries significant health risks. Users are responsible for complying with all applicable laws and regulations in their respective jurisdictions.

3. This article is not intended to serve as the basis for any investment decisions or financial advice. 2Firsts assumes no direct or indirect liability for any inaccuracies or errors in the content.

4. Access to this article is strictly prohibited for individuals below the legal age in their jurisdiction.

Copyright

This article is either an original work created by 2Firsts or a reproduction from third-party sources with proper attribution. All copyrights and usage rights belong to 2Firsts or the original content provider. Unauthorized reproduction, distribution, or any other form of unauthorized use by any individual or organization is strictly prohibited. Violators will be held legally accountable.

For copyright-related inquiries, please contact: info@2firsts.com

AI Assistance Disclaimer

This article may have been enhanced using AI tools to improve translation and editorial efficiency. However, due to technical limitations, inaccuracies may occur. Readers are encouraged to refer to the cited sources for the most accurate information.

We welcome any corrections or feedback. Please contact us at: info@2firsts.com

Alan Zhao: China’s High-Level Crackdown on Illicit Tobacco and Vaping Will Reshape the Global Market

Alan Zhao wrote an article interpreting China's highest-level law enforcement action against illegal tobacco and e-cigarettes. He believes that this is not only an upgrade of domestic governance but will also have a profound impact on the global new tobacco supply chain and market pattern.

Dec.19 by 2Firsts Perspectives

South Korea’s National Assembly Passes Law Classifying E-Cigarettes as Tobacco Products with Full Equivalent Regulation

South Korea’s National Assembly recently passed a comprehensive package of 79 bills that, among other measures, formally classifies liquid vapes — e-cigarette products using nicotine-containing e-liquids — as tobacco products. These products will now be subject to the same taxation, sales restrictions and advertising controls as traditional cigarettes, and the vaping industry in South Korea is expected to face significant adjustments in compliance costs, market access and business strategy.

Dec.03

Imperial Brands’ blu adds “Creamy Tobacco” flavour, rolling out across device kits and pod products

Imperial Brands’ vaping brand blu has outlined its flavour roadmap for 2026 on its official website, adding a new “Creamy Tobacco” flavour that has been rolled out across the rechargeable blu bar kit and its compatible blu kit pods. The brand describes the flavour as offering a more velvety tobacco taste.

Dec.19

JTI Plans New Factory in Romania, Set for Completion in 2027

JTI has announced plans to build a new factory in Ștefăneștii de Jos to replace its current Bucharest site, which faces space constraints. The project is expected to be completed in 2027, with ground works starting soon. The company highlighted ongoing efforts to expand capacity and modernize its Romanian operations.