Malaysian Vape Chamber Urges Government to Regulate the Industry
After previous reports that Malaysia will impose excise taxes on e-cigarettes and tobacco products, the Malaysian Vape Chamber of Commerce (MVCC) has recently called on the national government to regulate the industry. Our data show the vaping industry is
After reports that Malaysia will impose a consumption tax on e-cigarettes and tobacco products, the Malaysian Vape Chamber (MVCC) recently called on its national government to regulate the industry. "Our data shows that the e-cigarette industry is a viable and growing sector in Malaysia that can make significant contributions to the local economy," said MVCC President Syed Azaudin Syed Ahmad. "It has fostered the growth of local businesses, many of which are local enterprises." He added that the industry operates within "a mature ecosystem composed of manufacturers, importers, and retailers, along with a growing distribution and logistics network."
The latest data from the Malaysian Ministry of Health indicates that there are 2 million e-cigarette users in Malaysia.
The demographic characteristics of e-cigarette users reflect the ethnic composition of the nation. According to information provided by MVCC, Malays account for 70%, Chinese for 25%, and Indians and other ethnicities for 5%.
94% of e-cigarette users also have a history of smoking. MVCC also cited acclaimed information from the UK Public Health Department, which indicates that e-cigarettes are 95% safer than traditional cigarettes and show necessary public health benefits for Malaysians choosing to use these products as non-imported alternatives.
"The Malaysian e-cigarette industry has enormous potential that can be unleashed through practical and comprehensive regulations, which must include the use of nicotine in e-liquids. This will stimulate the growth of small and medium enterprises, thereby creating jobs and generating tax revenue for the government," Syed Azaudin said in the same statement.
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