Trends and Regulations in Spain's E-Cigarette Market

Industry Insight by Jason Tian
Jun.07.2023
Trends and Regulations in Spain's E-Cigarette Market
The rise of disposable e-cigarettes in Spain's emerging market sparks discussion on regulation and industry development. 2FIRSTS has partnered with VAPEXPO-SPAIN to complied several exhibitors' viewpoints on the trends of the Spain market.

The topic of electronic cigarettes has sparked much discussion and debate in Spain. With issues ranging from health and environmental effects to the emergence of numerous brands and models. One newly emerging market for e-cigarettes is Spain, where the industry is seeing increasing interest from both consumers and manufacturers. As various brands vie for a foothold in the Spanish market, attention has also turned to regulatory issues and the overall direction of e-cigarette development in the country.

 

According to data from Statista, the Spanish e-cigarette market is expected to reach €200 million in 2023, with 2.4 million users comprising 5% of the population. Open systems were the first to dominate the Spanish market, but disposable e-cigarettes quickly took over before the summer of 2022. What are the unique characteristics and trends resulting from this fluctuation in market? What is the regulatory role in this market?

 

Trends and Regulations in Spain's E-Cigarette Market
VAPEXPO-SPAIN | 2FIRSTS

 

During the electronic cigarette exhibition held in Madrid, Spain on June 3-4, 2FIRSTS, as the official media partner, conducted a visit and research of various exhibiting brand manufacturers, distributors, and local retailers to gain insight into the characteristics and trends of the Spanish market.

 

Disposable Products are on the Rise, but There is No Clear Leader Yet

 

In the summer of 2022, the disposable e-cigarette trend swept through the Spanish market. According to employees at Skyvap, an e-cigarette shop in Madrid, the hot sales of disposable e-cigarettes were driven by numerous English and American tourists who visited Spain last summer. Today, disposable e-cigarettes are still primarily consumed by tourists from these countries.

 

Trends and Regulations in Spain's E-Cigarette Market
E-Cigarette Shop in Spain | 2FIRSTS

 

However, despite the booming market of disposable e-cigarettes, no brand has been able to maintain a dominant position for long. According to an employee of a hookah shop, there are many globally renowned disposable e-cigarette brands in the Spanish market, such as ELFBAR and LOST MARY, which dominate the British market, and HQD, which is a leader in Russian market. However, these brands have not yet become the irreplacable top players in the Spanish market as they have in their home turf.

 

According to Aleksejs, CEO of HQD Spain, HQD has the potential to become the top brand in the Spanish market in the coming years. He believes that not having an absolute market leader is actually beneficial for the industry as it allows for every brand to have an opporunity at finding their place in the market.

 

No Nictotine Products are "Born Out of Demand"

 

2FIRSTS discovered that zero nicotine (zero-nic) has a significant presence in the market, with almost all major disposable e-cigarette brands to include zero nicotine products in Spain. Famous e-cigarette brands ELFBAR and WAKA actually mainly sell zero-nic products in Spainish tobacco shops, ELUX also entered the Spanish market by introducing zero-nic products. HQD's Spanish distribution company shared that 25% - 30% of the sales of come from zero-nic products.

 

Trends and Regulations in Spain's E-Cigarette Market
Zero Nicotine Vape | 2FIRSTS

 

Why are Zero Nicotine Products Popular in Spain? 

 

In response to this question, several brands have provided their viewpoints.

 

Non-nicotine disposable vapes are not subject to regulation under the Tobacco Products Directive (TPD) of the European Union. The procedure for TPD notification for nicotine containing vapes usually takes more than 6 months. So, to quickly introduce one's brand into a market, brands may put up zero-nic products ahead of the 6 months long wait.

 

Compared to the restrictions placed on nicotine-containing disposable vapes, which are limited to 2ml, zero-nicotine products have another significant advantage. Under TPD zero-nic products are legally allowed on market with e-liquid capacity higher than 2ml. They can have capacity that are 5ml or even higher.

 

The zero-nic product does not contain nicotine, hence it could also attracted a large number of individuals who wish to experience vaping devices but do not want to get addicted, particularly young women.

 

Rody, the head of ELUX Spain, is not optimistic about the long-term development of zero-nic products. He believes that although current sales of zero-nic are good, they lack the important qualities of nicotine, which are the real reason for e-cigarettes to exist. In the future, he sees more potential in the development of products containing nicotine containing products.

 

In the UK market, where zero-nic vapes are becoming increasingly popular, there have been reports recently of nicotine being detected in these zero-nic products. In response to these incidents, some manufacturers who wish to remain anonymous have suggested that there may also be cases of nicotine containing vapes labeled as zero-nic vapes.

 

Trends and Regulations in Spain's E-Cigarette Market
Tobacco Shop in Madrid Spain | 2FIRSTS

 

Open and Pod-Systems are on the Rise Along with Disposables

 

By 2021, open-system e-cigarettes have lost their dominant position in the Spanish market," said the manager of a hookah and vape shop, noting that the rise of disposable e-cigarette products has replaced the leading role of open-system products.

 

However, June, the EU Manager of VAPORESSO, an open-system brand under SMOORE, held a different opinion. According to June, the rise of disposable e-cigarettes has actually fostered the development of open-system products. "Although the market share of open-system products has been over shadowed by that of disposable products, their sales revenue is actually increasing."

 

Trends and Regulations in Spain's E-Cigarette Market
2FIRSTS International Relations and VAPORESSO EU Manager at VAPEXPO-SPAIN | 2FIRSTS

 

For example, according to June, VAPORESSO saw its sales double from the previous year following the rise in popularity of disposable products. She mentioned that disposable products serve as an introduction for consumers and can also spark their interest in open-systems for better affordability.

 

According to Miette, a regular customer at local e-cigarette shop Vapemoniadas, most individuals who initially try disposable e-cigarettes will eventually switch to replaceable or refillable products because the difference in cost of these two options is as different as day and night. A disposable may last one day, but for the same price of e-liquids it could last for a month or so.

 

Vending Machines and Tobacco Shops

 

Upon arriving in Madrid, it was immediately noticeable that there are more tobacco shops in the area than electronic cigarette stores. "In 2019, there were around 7 or 8 electronic cigarette stores nearby, but now only 3 of us have survived," said a worker at Skyvap e-cigarette store, who also noted that the number of dedicated e-cigarette stores is decreasing.

 

Spain's electronic cigarette regulatory laws are also set to become increasingly stringent. There are predictions that within the next two years, e-cigarettes may be included in the tobacco transaction system. Juan, the head of the Spanish brand Olé, which produces disposable e-cigarettes, stated that they are already stocking their products in tobacco shops to be better ready for future regulations.

 

According to a set of data provided by the interviewees, there are 16,000 tobacco shops in Spain, with nearly half indicating a willingness to sell e-cigarettes. However, opening a tobacco shop in Spain is not an easy task, as Roberto, the Mevol Manager in Spain, explained. Spain has a tobacco state monopoly system, making the cost of opening a tobacco shop very high, ranging from hundreds of thousands to millions of euros, and each person can only open one.

 

零尼“应需而生” 开放式与一次性此消彼长 西班牙市场能否崛起?
2FIRSTS Editor-in-chief and MEVOL Spain Manager | 2FIRSTS

 

Furthermore, 2FIRSTS also discovered that some tobacco shops have electronic cigarette vending machines outside, and many exhibitors at the trade show showcased their own e-cigarette vending machines. When asked why, it is because vending machines currently have no related regulatory policies and can directly sell electronic cigarettes, which is much more convenient than opening a store. There are 180,000 vending machines in Spain that sells tobacco products, that number is a several times higher than the numbers of tobacco shops around the country.

 

零尼“应需而生” 开放式与一次性此消彼长 西班牙市场能否崛起?
Numerous vending machines were exhibited along with brands | 2FIRSTS

 

The inclusion of e-cigarettes in the tobacco system in Spain will depend on whether or not there is a change in political parties. Julio Ruades, the spokesman of Spanish Association of Electronic Cigarette Consumers (ANESVAP), stated that the continued presence of current political personnel will directly determine the regulatory direction of electronic cigarettes.

 

零尼“应需而生” 开放式与一次性此消彼长 西班牙市场能否崛起?
2FIRSTS International Relations and ANESVAP Spokesperson | 2FIRSTS

 

Julio shared news of the regional elections that took place at the end of May, stating that the ruling party (PSOE), which is supportive of banning e-cigarette flavors and incorporating e-cigarettes into the tobacco trade framework, has lost many votes in the recent provincial elections. Therefore, if the ruling party changes in July's general elections, the proposed e-cigarette laws will likely be put on hold or scrapped.

 

Background:

 

2FIRSTS is a media partner to the VAPEXPO SPAIN to work together in promoting the development and communication of the global electronic cigarette industry. This interview was made possible thanks to the interpreter Yang Zexuan provided by the host of Vapexpo-Spain.

 

Vapexpo Spain is the largest and most important vaporization industry exhibition in Spain, bringing together vape manufacturers, suppliers, retailers, and industry experts from around the world. Meanwhile, 2FIRSTS is a global vaporization technology media and think tank, focusing on market trends and hot topics in the field of vaporization, and committed to promoting global electronic cigarette industry information exchange and development through its media influence.

 

Click on the image below to view our special report on the VAPEXPO-SPAIN.

 

Ispire Q4 Revenue Rebounds 33% but Full-Year Sales Still Fall 25% as FY2027 Focus Shifts to Malaysia Manufacturing, ODM, Nicotine Pouches and Age Verification
Ispire Q4 Revenue Rebounds 33% but Full-Year Sales Still Fall 25% as FY2027 Focus Shifts to Malaysia Manufacturing, ODM, Nicotine Pouches and Age Verification
Ispire Technology reported FY2026 revenue of about $96 million, down 24.7% year over year, as U.S. cannabis-vapor hardware and European e-cigarette sales declined by $17.4 million and $12.7 million, respectively. Fourth-quarter revenue rose 32.5% to $26.7 million, while quarterly gross margin fell to 6.3%. For FY2027, the company is prioritizing Malaysia manufacturing and vapor ODM while continuing to develop nicotine pouches, IKE Tech age-verification technology and G-Mesh licensing. Ispire has not separately disclosed the revenue or profit contribution of those newer businesses.
Regulations
Sep.17 by 2Firsts Perspectives
EU Tobacco Tax Reform Targets November Push as Sweden Holds Nicotine-Pouch Minimum at €20 per Kilogram
EU Tobacco Tax Reform Targets November Push as Sweden Holds Nicotine-Pouch Minimum at €20 per Kilogram
The Irish presidency of the Council of the European Union is using bilateral talks to push the bloc’s Tobacco Taxation Directive toward a political agreement in November. According to Law360, citing an EU official, Sweden is unwilling to accept a minimum excise threshold above €20 per kilogram for nicotine pouches. Council negotiations have already lowered the European Commission’s original proposal, but a May 2026 presidency compromise still set the minimum at 10% of the tax-inclusive retail price or €30 per kilogram in 2028-29, with higher levels later.
Market
Sep.17 by 2Firsts Perspectives
Product | DOJO Launches 0+6ml BLAST7K Fresh in UK in September, Retaining 2+8ml Pod Compatibility Ahead of October Per-Milliliter Vaping Duty
Product | DOJO Launches 0+6ml BLAST7K Fresh in UK in September, Retaining 2+8ml Pod Compatibility Ahead of October Per-Milliliter Vaping Duty
DOJO officially launched the BLAST7K Fresh on September 17, 2026, introducing a UK-market prefilled pod product with 6ml of e-liquid and a manufacturer-rated capacity of up to 7,000 puffs. The device features a 1000mAh rechargeable battery, the INSTA-JUICED structure and COREX BLAST dual-mesh technology, while retaining compatibility with existing BLAST pods. The launch comes less than two weeks before the UK's Vaping Products Duty takes effect on October 1. At the new duty rate, 6ml of vaping liquid would correspond to £1.32 in VPD. DOJO has not stated that the product's 6ml format was designed in response to the new duty.
Sep.20
Inside Nicotine-Pouch M&A Through Imperial's Yoik Deal: Latham, KPMG, PwC, Goldman Sachs and Morgan Stanley Form the Adviser Lineup
Inside Nicotine-Pouch M&A Through Imperial's Yoik Deal: Latham, KPMG, PwC, Goldman Sachs and Morgan Stanley Form the Adviser Lineup
Imperial Brands' acquisition of Swedish Helwit owner Yoik Group AB has highlighted the professional-services firms supporting cross-border oral nicotine M&A. Latham & Watkins and KPMG advised Imperial, while PwC and TM & Partners advised Yoik. KPMG also appeared on Imperial's acquisition of Black Buffalo earlier in 2026, while PwC played an extensive role in KT&G's acquisition of Swedish nicotine-pouch company Another Snus Factory. Imperial's public disclosures put the global modern oral nicotine delivery market at approximately £8.8 billion in retail sales and 23.5 billion pouches in 2024
Sep.20
PMI's IQOS Extends ZAMNA Electronic-Music Partnership to Spain as Vogue España Publishes Branded Content
PMI's IQOS Extends ZAMNA Electronic-Music Partnership to Spain as Vogue España Publishes Branded Content
Philip Morris International's IQOS has extended its partnership with electronic-music event brand ZAMNA to Spain, setting up a House of IQOS at ZAMNA Madrid. Vogue España and Time Out Madrid subsequently published branded content clearly labeled as collaborations with IQOS. PMI has also expanded its company-owned IQOS boutique network in Spain to seven cities this year. The company says IQOS's adjusted heated-tobacco market share in Europe reached 12.6% in the first quarter of 2026, with Spain among its stronger-performing European markets.
Sep.20
Product | PMI Launches TEREA Black Mint Pearl in Japan, Adding First Capsule Variant to Black Range With Nationwide Rollout From October 19
Product | PMI Launches TEREA Black Mint Pearl in Japan, Adding First Capsule Variant to Black Range With Nationwide Rollout From October 19
Philip Morris Japan (PMJ) launched TEREA Black Mint Pearl on October 15, 2026, introducing the first capsule-equipped heated tobacco stick in the TEREA Black range for IQOS ILUMA devices. The product combines a strong menthol profile with a crushable mint capsule and is priced at ¥640 per 20-stick pack, including tax. Sales began at four IQOS stores and selected retail partners on October 15, with distribution expanding to convenience stores and other tobacco retailers nationwide from October 19. The launch brings Japan's TEREA portfolio to 28 variants, including 21 menthol-related products, or 75% of the range.
product
Oct.16 by 2Firsts Perspectives