South Korea
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KT&G begins export of e-cigarette device
KT&G started exporting its e-cigarette heating devices to Russia last month in accordance with the company’s agreement with Philip Morris International (PMI) under which the two parties will work on promoting global marketing campaigns, according to the tobacco company, Thursday. During a conference call upon the announcement of its second-quarter…
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South Korean vape market soars against COVID 19 pandemic
Since the COVID 19 outbreak, the epidemic has had a sever impact on many industries around the world, and the development of the e-cigarette industry has also been in the haze. 90% of the world’s e-cigarettes are produced in China. Due to the blockade and quarantine policies, from late February…
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The World Electronic Cigarette Union Preparatory Committee is formally established now
In the afternoon of December 17, on the eve of the 2019 International Electronic Cigarette Summit, the representatives of the Electronic Cigarette Merchants Association from 7 countries including China, the United States, the United Kingdom, Germany, Malaysia, South Korea and Indonesia unanimously agreed that the World Electronic Cigarette Union Preparatory…
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New tax on electronic cigarettes in South Korea
The South Korean government has told the outside world that its health regulators will speed up research to decide whether to ban the sale of e-cigarettes and have begun to advise people to stop using relevant e-cigarettes immediately. At the same time, the South Korean government will speed up the…
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South Korean government suggests people stop using vapes
Recently, the safety of electronic cigarette has attracted wide attention in many countries. At present, there are many kinds of electronic cigarettes, among which liquid electronic cigarettes are the most important kind, with a longer history of development and more users, especially in Europe and America. Following recent cases of…
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Korea leaps to be the world’s second largest heat not burn market
After several years of development, Korea has become the world’s second largest market for heat not burn products, after Japan. According to Euromonitor International’s latest data, the market value of heating not burning products in Korea reached US$1.67 billion in 2018, far exceeding US$453 million in 2017. In 2018, the…
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Korea’s e-cigarette market will reach 4.4 billion US dollars in 2023
According to the report of Korea Bizwire, the latest Euromonitor International data show that in 2018, the market value of heat not burn product in Korea reached 1.67 billion US dollars, far exceeding the $453 million in 2017, making it the second largest HNB tobacco market in the world. In…
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Korea’s HNB market share has grown rapidly, providing total tax revenue exceeding 10.7 trillion won
HnB devices, including PMI’s iQOS and KT&G’s lil, have soared to 11.8% of the total e-cig market in South Korean in the past two years. HnB device is a battery-driven alternative to flammable cigarettes. Its working principle is to heat cigarette sticks containing tobacco leaves. These cigarette cartridges look like…
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Korean Tobacco Giant KTG has Released the Latest LIL MINI Version Vape
Korean tobacco giant KTG has released the latest LIL MINI version heated not burn e-cigarette. A short and powerful vape. LIL e-cigarette is a kind of heated non-combustion e-cigarette produced and developed by KT&G, which is a local tobacco giant in South Korea. It has a compact and simple appearance design,…
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South Korea’s Vape Exhibition in September 2018 is a Huge Success
South Korea’s e-cigarette exhibition in September, a successful ending – the topic of heating and non-burning The Korea E-cigarette Exhibition was held in Hall 3 (KINTEX) from September 7th to 9th, and was jointly organized by Korea International Convention and Exhibition Center (KINTEX), The Fairs and Korea E-Cig Industry Association.…
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