Tag: vape

  • Report: E-Cig Market to Reach $23B by 2029

    Report: E-Cig Market to Reach $23B by 2029

    The E-cigarette market is projected to grow from its current $18.98 billion to $23.15 billion by 2029, an increase of 3.4%, that according to the “E-Cigarette Market Research Report 2020-2029” that was released today.

    The global e-cigarette market is highly competitive, characterized by the presence of key players such as Altria Group, British American Tobacco (BAT), Imperial Brands, and Japan Tobacco International (JTI). With the declining sale of traditional cigarettes due to increasing health awareness and regulatory pressures, such companies have aggressively entered the e-cigarette market, pushing innovation and technology.

    The global e-cigarette market continues to see user-friendly products introduced that are popular with beginners, as well as open systems including mods that offer greater customization options for experienced vapers. Advancements in battery technology and improvements in e-liquid formulation have likewise helped advance the vaping experience.

    Governments, non-profit organizations, and healthcare providers have for decades been pushing awareness against the health risks of smoking, which is positively impacting the e-cigarette market.

  • Ireland Introduces Licensing Fees to Combat Illicit Vape Sales

    Ireland Introduces Licensing Fees to Combat Illicit Vape Sales

    Starting February 2, 2025, Ireland will implement a new licensing system requiring retailers to pay annual fees to sell vaping and tobacco products. Retailers must pay €800 annually to sell vaping products and €1,000 for tobacco products, with tobacco-free nicotine pouches currently excluded from this regulation.

    The Health Service Executive will oversee compliance, conducting inspections to ensure adherence to the new rules. Licenses are subject to annual renewal, and retailers found in violation risk losing their ability to sell these products. Previously, selling tobacco required a one-time €50 fee, and no license was needed for vaping products.

    David Melinn, Country Manager at BAT Ireland, supports the licensing system, stating it will aid in enforcing the under-18 vape sales ban and prevent illegal vape sales. However, he expressed concerns over the exclusion of tobacco-free nicotine pouches from the legislation, hoping future amendments will address this oversight.

    The introduction of these fees is part of the Public Health (Tobacco Products and Nicotine Inhaling Products) Act 2023, reflecting Ireland’s commitment to regulating nicotine product sales and reducing underage access. The government anticipates that this measure will enhance public health by curbing the availability of illicit vaping products, particularly among youth.

  • Iowa Vape Companies Sue to Block Registry

    Iowa Vape Companies Sue to Block Registry

    A group of e-cigarette and vaping product distributors and retailers is suing the state of Iowa to block enforcement of a new law set to take effect in February.

    Alternatives to Smoking and Tobacco Inc., Global Source Distribution, Triton Distribution, Smokin Hot, Central Iowa Vapors WDM, and Route 69 Vapor filed the lawsuit in the U.S. District Court for the Southern District of Iowa.

    The companies allege that House File 2677 violates the supremacy clause and equal protection clause of the U.S. Constitution as well as the equal protection clause of the Iowa Constitution.

    State records show House File 2677 was introduced on March 27, 2024, with backing from lobbyists for R.J. Reynolds and other tobacco companies. Lobbyists for the American Cancer Society Action Network declared their opposition to the bill within two days, according to Iowa Capital Dispatch.

    The bill was approved in the Iowa House on April 3, 2024, and in the Iowa Senate on April 19, 2024. Governor Kim Reynolds signed it into law on May 17, 2024.

    The law stipulates that manufacturers whose electronic nicotine-delivery systems—more commonly known as electronic cigarettes, e-cigarettes, and vaping products—are sold in Iowa must certify that their products “have received a marketing authorization” from the Food and Drug Administration or that their applications for authorization were filed by September 2020 and are still under review.

    The Iowa Department of Revenue is then tasked with producing a publicly accessible directory listing all certified vaping products—at which point any retailer selling products not on the registry is subject to fines or other enforcement action.

  • Hyla Applies to Sell Vegan Vape in Europe

    Hyla Applies to Sell Vegan Vape in Europe

    Image: Olivier Le Moal

    Endexx Corp.’s Hyla division is filing an EU Tobacco Products Directive (TPD) application for its vegan formulated e-cigarette products.

    “Our proprietary botanical ingredient profile, flavoring and vegan sensitive formulations created in the United States will carry through in Hyla’s nicotine-enhanced products. These factors are what differentiate Hyla’s product quality,” stated Nick Mehdi, CEO of Hyla. “Hyla’s distribution partners in Europe are the top tobacco and e-cigarette distributors in Europe and have directly requested this product expansion due to ongoing demand and need for compliance leadership provided by Hyla.”

    The TPD registration accelerates Hyla’s product placement into Austria, Belgium, the Czech Republic, France, Germany, Greece, Italy, Slovakia, Spain, Switzerland and the United Kingdom. Several of the listed countries have already reviewed Hyla’s non-nicotine products. The TPD registration opens the European market to all Hyla’s products.

    “Endexx’s investment into Hyla has generated early success by providing non-nicotine electronic devices into the international markets. The Hyla brand represents high-quality, vegan and natural products, with attention to all regulations and compliance required to conduct commerce in each country,” said Todd Davis, CEO of Endexx. “This registration process helps secure the success of our long-term target of being a dominant player in the international age-restricted CPG markets.”

  • U.K. Mulls Vape Tax

    U.K. Mulls Vape Tax

    Image: Margo_Alexa

    U.K. ministers are considering a new vapor tax as part of the move to create a “smoke-free generation” that would also include a gradual total ban on smoking, according to The Guardian.

    Documents that were published along with Rishi Sunak’s first king’s speech show that an eight-week consultation on smoking and vaping is planned and will “explore a new duty” on vapor products.

    There is an “important balance” that needs to be met to make sure cigarettes are taxed higher than vapes, The Guardian noted, citing Downing Street.

    Ministers plan to introduce the new tobacco and vapes bill next month. It will include tighter restrictions on vaping and phase out the sale of cigarettes, making it so that children currently aged 14 or younger will never legally be able to purchase the products.

  • UK Councils Want to Ban Disposables

    UK Councils Want to Ban Disposables

    Image: Tobacco Reporter archive

    Councils in England and Wales are urging the U.K. government to ban sales of single-use vapor devices by 2024, citing environmental and health concerns, reports Reuters.

    The Local Government Association (LGA), which represents councils in England and Wales, argued that a ban needs to be implemented quickly to prevent disposables from flooding the U.K. market as other markets close. The European Union has proposed a ban in 2026, and France is implementing a ban in December 2023.

    “Disposable vapes are fundamentally flawed in their design and inherently unsustainable products, meaning an outright ban will prove more effective than attempts to recycle more vapes,” said David Fothergill, chairman of the LGA’s community well-being board, referring to disposable vapes’ inability to be easily recycled due to the batteries not being a separate unit.

    “Disposables have been around for well over a decade and provide a low-priced accessible product that helps smokers to quit smoking tobacco,” said John Dunne, director-general of the U.K. Vaping Industry Association, defending disposable vapes. He said the industry is working to limit environmental impact, and he warned that a ban would lead to a larger black market. 

  • Serbia Introduces Fines for Underage Vape Sales

    Serbia Introduces Fines for Underage Vape Sales

    Image: Miljan Živković | Adobe Stock

    Merchants caught selling e-cigarettes or other tobacco products to minors in Serbia risk a fine of RSD50,000 ($469), following a recent amendment to the Law on Consumer Protection, reports EurActive.

    The revision fills a void in an area that was previously unregulated. According to Serbia’s Internal and Foreign Trade Ministry, the law did not define e-cigarettes or ban their underage sales.

    The ministry believes electronic nicotine-delivery systems present a significant health problem, encouraging nicotine addiction and exposing users to carcinogenic substances. They also increase the likelihood that individuals will start using other tobacco products, such as cigarettes, according to the ministry.

    “The conclusion of all conducted research is that by consuming an electronic cigarette, with or without nicotine filling, not only water vapor is sent into the air but also a number of chemicals. The harmful effects of these products reflect on the health of individuals and intensively spread to all components of the environment,” it stated.

    The changed law prohibits the sale, service and gifting of electronic cigarettes with or without nicotine as well as other products intended for smoking, snorting, sucking, chewing or inhaling vapor to persons under 18. It also bans persons under 18 from selling such products.

  • Greentank Gets Millions for Vape Technology

    Greentank Gets Millions for Vape Technology

    Image: Tobacco Reporter archive

    Vape hardware manufacturer Greentank Technologies closed a Series B financing round worth $16.5 million with an unspecified “strategic investor group” that includes Canadian cannabis producer Organigram Holdings.

    The funding will be used to launch new vape technology, which Greentank CEO Dustin Koffler said in a statement, “moves away from the traditional ceramic and wicked coil systems commonly used in most vaporizer products today.”

    The technology “is expected to launch later this year and serve multiple markets beyond cannabis,” Toronto-based Greentank said in a news release, according to MJ Biz Daily.

    The $16.5 million funding round includes a $14.5 million equity investment from the investment group plus $2 million in debt financing from existing shareholders.

    The terms of the debt financing were not disclosed.

    In a statement, Greentank said its new vape technology “will expand its reach beyond cannabis to serve the broader vape category, including nicotine, e-liquids, pharmaceuticals and more.”

  • Vape Manufacturers Must Register

    Vape Manufacturers Must Register

    Image: chrisdorney | Adobe Stock

    Following the removal of nicotine e-liquid or gel from the Poisons Act 1952 to allow for e-cigarettes and vaping products to be taxed in Malaysia, local manufacturers producing e-liquid or gel products containing nicotine must register their manufacturing activities with the Customs Department by April 30, according to the Ministry of Finance (MOF), reports The Edge Markets and Free Malaysia Today.

    “Early registration within this prescribed period may prevent manufacturers from being charged a compound for the offense of late registration. This early registration will ensure comprehensive industry compliance and smooth tax collection by May 2023,” the MOF said in a statement.

    This follows the imposition of an excise tax of 40 sen ($0.004) per milliliter on nicotine e-liquids or gels.

    Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim announced the government’s plan to impose an excise tax on liquid or gel products containing nicotine when he re-tabled Budget 2023 in February.

    The previous government under Datuk Seri Ismail Sabri Yaakob’s administration also proposed to extend tax collection from gel or liquid products containing nicotine for vapes and e-cigarettes in the tabling of Budget 2022 by imposing a tax of RM1.20 per milliliter. However, the plan was postponed because nicotine vape liquid was still classified as a Class C poison under the Poisons Act.

    The new excise duty, the MOF said, would enable the government to tax the vape industry, which is estimated to be worth over RM2 billion ($454 million), and at the same time help discourage the use of vapes.

    It will also help improve rules and control of excise duty goods by customs to avoid leakage of national income, according to media reports.

  • Taiwan Set to Ban Nicotine Vapes

    Taiwan Set to Ban Nicotine Vapes

    Image: Tobacco Reporter archive

    Taiwan is set to become the next Asian country to ban nicotine vaping products, reports Filter.

    The Tobacco Hazards Prevention Act cleared the legislative floor earlier this month and now awaits presidential approval, which is expected because President Tsai Ing-wen is a member of the party that proposed the act.

    Taiwan seems to be following behind Japan, which banned nicotine vapes but allows heated-tobacco products. India and Thailand have also banned vapes.

    Taiwan’s ban will include use of e-cigarettes, and violators will face penalties of up to $330.

    “The issue did not have enough public discussion, and the approach to harm reduction should be more thoroughly debated,” said Simon Lee, the Taiwan policy fellow at the Consumer Choice Center, a global consumer advocacy group in Washington. “For instance, we have seen misinformation, especially with regard to nicotine, circulating among anti-tobacco activists. It is beyond reasonable doubt that Taiwan’s consumers deserve a much better outcome.”