2018 Market Forecast for New Tobacco Products
In 2018, new tobacco products continued their rapid growth momentum. Sales are expected to surpass cut tobacco and cigars by 2020, making them the second-largest category of tobacco products after cigarettes. As a result, major tobacco companies are incre
2018 Market Forecast for New Tobacco Products
In 2018, new tobacco products continued to grow rapidly, and it is expected that by 2020, sales will surpass loose tobacco and cigars, becoming the second largest category of tobacco products after cigarettes. Therefore, major tobacco companies have increased their research and promotion efforts for new tobacco products. At the same time, regulations on new tobacco products in various countries are becoming increasingly strict, and it is expected that development and risks will accompany the journey of new tobacco products in 2018.
Imperial Brands Launches New Tobacco Products in Europe
As more and more consumers turn to new tobacco products, Imperial Brands (formerly Imperial Tobacco) acquired an Austrian vaporizer manufacturer, VonErl, to develop its new tobacco product, "Myblu," which is already being sold in some EU member states.
This acquisition is part of Imperial Brands' "next-generation products" strategy, which includes e-cigarette products, vaporizer products, and heated tobacco products. Imperial Brands believes that pursuing innovation and improving new tobacco products during the acquisition process is the core of the company's brand development.
Japan Tobacco to Expand "Ploom TECH" Sales
Recently, Japan Tobacco announced that starting in March 2018, it will expand the sales area of its new heated tobacco product "Ploom TECH" domestically. Currently, Japan Tobacco has expanded the sales area of "Ploom TECH" to approximately 550 tobacco retail stores in Kanagawa, Chiba, Saitama, Osaka, and Fukuoka. Consumers can purchase "Ploom TECH" and its accompanying tobacco capsules at these retail stores.
By April 2018, Japan Tobacco plans to promote "Ploom TECH" to approximately 1,100 tobacco retail stores and 26,000 convenience stores across Japan.
Swedish Match Acquires Smokeless Tobacco Manufacturer
Swedish Match plans to acquire a Danish smokeless tobacco manufacturer named House of Oliver Twist (HoOT). HoOT is a private smokeless tobacco manufacturer with over 200 years of history and is currently Denmark's oldest independent tobacco manufacturer, developing, producing, and selling chewing tobacco and other smokeless tobacco products, primarily in Scandinavia and other EU member states.
Lars Dahlgren, CEO of Swedish Match, believes that successfully acquiring HoOT will complement Swedish Match's smokeless tobacco product portfolio and further enhance the company's competitiveness in the market.
British American Tobacco to Launch New Tobacco Products in Russia
British American Tobacco plans to launch its heated tobacco product "Glo" in the Russian tobacco market. British American Tobacco believes that "Glo" will change the consumption habits of some Russian tobacco consumers, and in the future, this product will become a major brand of new tobacco products in the Russian market.
The retail price of the "Glo" heated tobacco product launched by British American Tobacco in Russia is 3,500 rubles, and the retail price of its heating stick is 130 rubles, with consumers able to pre-order online during the initial launch phase.
Israel Plans to Increase Taxes on New Tobacco Products
Israel's finance and tax authorities plan to raise taxes on new tobacco products, especially heated tobacco products, deciding to impose the same tax rate on products like Philip Morris International's "iQOS" as on regular cigarette products.
However, some new tobacco product manufacturers, including Philip Morris International, believe that it is unreasonable for the Israeli government to impose similar regulatory and tax measures on new tobacco products without fully reviewing them and to restrict smokers' access to new tobacco products.
New Zealand Court Approves Philip Morris International to Sell "iQOS"
The Wellington High Court in New Zealand dismissed a lawsuit against Philip Morris International by the health department, allowing the company to sell its heated tobacco product "iQOS" in New Zealand. Currently, "iQOS" has nearly 4 million consumers in over 30 countries and regions outside the United States.
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The head of Philip Morris International's New Zealand operations stated that the company recognizes the Wellington High Court's ruling; however, the case also reflects the urgent need for the government to establish regulations for effective supervision of new tobacco products.
In 2018, new tobacco products continued to grow rapidly, and it is expected that by 2020, sales will surpass loose tobacco and cigars, becoming the second largest category of tobacco products after cigarettes. Therefore, major tobacco companies have increased their research and promotion efforts for new tobacco products. At the same time, regulations on new tobacco products in various countries are becoming increasingly strict, and it is expected that development and risks will accompany the journey of new tobacco products in 2018.
Imperial Brands Launches New Tobacco Products in Europe
As more and more consumers turn to new tobacco products, Imperial Brands (formerly Imperial Tobacco) acquired an Austrian vaporizer manufacturer, VonErl, to develop its new tobacco product, "Myblu," which is already being sold in some EU member states.
This acquisition is part of Imperial Brands' "next-generation products" strategy, which includes e-cigarette products, vaporizer products, and heated tobacco products. Imperial Brands believes that pursuing innovation and improving new tobacco products during the acquisition process is the core of the company's brand development.Japan Tobacco to Expand "Ploom TECH" Sales
Recently, Japan Tobacco announced that starting in March 2018, it will expand the sales area of its new heated tobacco product "Ploom TECH" domestically. Currently, Japan Tobacco has expanded the sales area of "Ploom TECH" to approximately 550 tobacco retail stores in Kanagawa, Chiba, Saitama, Osaka, and Fukuoka. Consumers can purchase "Ploom TECH" and its accompanying tobacco capsules at these retail stores.
By April 2018, Japan Tobacco plans to promote "Ploom TECH" to approximately 1,100 tobacco retail stores and 26,000 convenience stores across Japan.
Swedish Match Acquires Smokeless Tobacco Manufacturer
Swedish Match plans to acquire a Danish smokeless tobacco manufacturer named House of Oliver Twist (HoOT). HoOT is a private smokeless tobacco manufacturer with over 200 years of history and is currently Denmark's oldest independent tobacco manufacturer, developing, producing, and selling chewing tobacco and other smokeless tobacco products, primarily in Scandinavia and other EU member states.
Lars Dahlgren, CEO of Swedish Match, believes that successfully acquiring HoOT will complement Swedish Match's smokeless tobacco product portfolio and further enhance the company's competitiveness in the market.
British American Tobacco to Launch New Tobacco Products in Russia
British American Tobacco plans to launch its heated tobacco product "Glo" in the Russian tobacco market. British American Tobacco believes that "Glo" will change the consumption habits of some Russian tobacco consumers, and in the future, this product will become a major brand of new tobacco products in the Russian market.
The retail price of the "Glo" heated tobacco product launched by British American Tobacco in Russia is 3,500 rubles, and the retail price of its heating stick is 130 rubles, with consumers able to pre-order online during the initial launch phase.
Israel Plans to Increase Taxes on New Tobacco ProductsIsrael's finance and tax authorities plan to raise taxes on new tobacco products, especially heated tobacco products, deciding to impose the same tax rate on products like Philip Morris International's "iQOS" as on regular cigarette products.
However, some new tobacco product manufacturers, including Philip Morris International, believe that it is unreasonable for the Israeli government to impose similar regulatory and tax measures on new tobacco products without fully reviewing them and to restrict smokers' access to new tobacco products.
New Zealand Court Approves Philip Morris International to Sell "iQOS"
The Wellington High Court in New Zealand dismissed a lawsuit against Philip Morris International by the health department, allowing the company to sell its heated tobacco product "iQOS" in New Zealand. Currently, "iQOS" has nearly 4 million consumers in over 30 countries and regions outside the United States.
#p#分页标题#e#
The head of Philip Morris International's New Zealand operations stated that the company recognizes the Wellington High Court's ruling; however, the case also reflects the urgent need for the government to establish regulations for effective supervision of new tobacco products.
