Global vape industry hot news

                                            * Smoking is harmful to health, minors are prohibited from using e-cigarettes, non-smokers are not recommended to use e-cigarettes*

1.147 e-cigarette companies have been registered with the Malaysian Ministry of Health

The Malaysian Ministry of Health announced on November 4 that a total of 190 companies producing smoking products and e-cigarettes / vapes have registered their products with the Ministry of Health (MOH), including 147 e-cigarette companies. Over the past three years, the Malaysian government has collected 183.1 million ringgit, or 300 million yuan, from e-cigarette products, including nicotine and non-nicotine products.

2.Love Miracle Brings Many New Products to Russian Industry Exhibition

November 3-4, love miracle with its electronic atomization brand ELFBAR and LOST MARY a variety of industry innovation products, in the 2024 Russian electronic cigarette exhibition VAPE CLUB SHOW debut. These new products include a number of innovative products with “adjustable” functions, designed to lead the industry in “small step run” technology and product innovation.

In addition, the use of dual-core DUALMESH technology, ELFBAR for the first time at the exhibition launched the open ELFX and ELFX PRO, DUALMESH enabled ELFX PRO products bring this category of up to 45W output power, continuing ELFBAR’s strong product force.

3.State Tobacco Monopoly Administration Releases Typical Cases of E-cigarette Administrative Law Enforcement

On November 7, the State Tobacco Monopoly Administration issued the “Typical Cases of Administrative Law Enforcement of Electronic Cigarettes Issued by the State Tobacco Monopoly Administration,” involving three electronic cigarette brands: Mirui, Bode and Miwo. (Read the full article here)

4.British American Tobacco Malaysia’s third-quarter profit rises 14% year-on-year

Recently, British American Tobacco Malaysia released its third quarter 2024 results, the company’s overall product sales increased by 3.3% year-on-year; Revenue grew 0.5% to $130 million; Net income rose 14 per cent to $15.5 million from a year earlier. The growth was mainly due to the optimization of the product portfolio and the increase in sales of e-cigarette products.

5.Philippine Department of Finance: Smuggling of Tobacco, Electronic Cigarettes Costs 52 billion Pesos a Year

The Philippine Department of Finance (DOF) Secretary Ralph Recto said on November 7 that the country lost 52 billion pesos (about 6.4 billion yuan) in tax revenue each year from tobacco and e-cigarettes smuggling. Tobacco lost 35 billion pesos in tax revenue, while e-cigarettes lost about 17 billion pesos (about 2.1 billion yuan).

6.US FDA Extends Marketing Authorization for 8 Common Snuff Products

The U.S. Food and Drug Administration (FDA) announced on November 7 that following a rigorous scientific review, it has renewed its modified hazard authorisations for eight general-purpose snuff products in Sweden Match America, Inc. It is understood that this is the first time that the FDA has renewed the modified risk authorization.

According to the FDA, “Using these 8 generic snus instead of cigarettes reduces the risk of oral cancer, heart disease, lung cancer, stroke, emphysema and chronic bronchitis. However, there is no absolutely safe tobacco product, and people who have not previously used tobacco products should not start using them at any time.”

7.Nielsen data shows that e-cigarette sales in the United States fell in the first half of this year

According to the latest data from Nielsen, the US e-cigarette industry saw a significant decline in revenue in the first half of this year, with e-cigarette sales down 8.3% year-on-year. Among them, Renault’s Vuse e-cigarette market share fell from 41.1% to 40.8%, the market share of Juul, ranked second in the United States, fell from 24% to 23.7%, the acquisition of NJoy by Altria Group also failed to make progress.

8.Vietnam’s Ministry of Health cracks down on e-cigarettes and heated cigarettes

Vietnam’s Ministry of Health has proposed a nationwide ban on the import, sale, distribution and marketing of e-cigarettes and heated cigarettes. Vice Minister of Health Chen Wenshun stressed that all forms of tobacco, including new-generation products, pose a threat to public health. In the first half of 2024 alone, the Department of Crime Prevention of the Ministry of Foreign Affairs of Vietnam seized 35 related cases.