Market

Tobacco industry in 2024 achieves record high tax revenue and fiscal total, contributing to economic stability and growth.

Illegal flavored disposable e-cigarette sales in the US reached $2.4 billion in 2024, accounting for 35% of total sales.

PMI's Q4 2024 earnings report exceeds market expectations with a 7.3% revenue increase, driven by growing smokeless product sales.

Philip Morris International's market share in South Korea reaches 19.9% in Q4 2024, just shy of 20% target.

ELFBAR offers free storefront signs to London shops, plans nationwide expansion despite impending e-cigarette ban. Concerns raised by health advocates.

KT&G, a South Korean tobacco company, reported a record-breaking annual revenue of 59.1 trillion won in 2024.

South Korea's e-cigarette industry, valued at $11.3 billion in 2023, is undergoing significant transformation. As consumers shift to alternatives like Heated Not Burn (HNB) devices and e-cigarettes, the market faces both challenges and opportunities. In an exclusive 2Firsts interview, Sam Kim, Sales Director of Connected Korea, discusses navigating this evolving landscape, covering regulatory challenges, online retail growth, changing consumer preferences, and innovations like the “Mix-craft” de

JTI expands sales of "Ploom X Advanced" heating tobacco device to Coupang and Naver platforms for broader consumer access.