markets

Tobacco Regulation: Asia

October 2026: Mongolia Overhauls Tobacco Control Laws After 13 Years, Banning Flavored Products and Regulating Vapes Mongolia’s State Great Khural has officially approved sweeping amendments

Read More »

India: Cigarette Market

October 2026: India Evaluates Complete Ban on Foreign Tobacco Licensing and Brand Contracts The Indian government is reviewing a proposal to significantly tighten foreign direct

Read More »

Global Vape Market

October 2026: China Deepens Tax Overhaul, Eliminating VAT Rebates for E-Cigarette Exports In a progressive tightening of fiscal policies governing key manufacturing sectors, Chinese regulatory

Read More »

Bangladesh: Tobacco Market

October 2026: Navigating Bangladesh’s Shifting Tobacco Market As one of the world’s top 10 cigarette markets by volume, Bangladesh occupies a central position in the

Read More »

Sri Lanka: Tobacco Market

October 2026: Surge in Illicit Trade and Alternative Products Strains Sri Lanka’s Legal Tobacco Market Shifts in Sri Lanka’s combustible tobacco market highlight an ongoing

Read More »

UK: Vapes

October 2026: Vapers Continue to Outnumber Smokers in Great Britain as Smoking Rates Halve Since 2011 Adult cigarette smoking in the UK fell below 10%

Read More »

USA: Tobacco Products

October 2026: Cigar Accessory Sales Surge to $350M as Tax-Driven Shifts Reshape U.S. Market U.S. convenience store sales for tobacco accessories expanded 14.3% year-over-year to

Read More »

USA: Vapes

October 2026: U.S. E-Vapor Revenue Slips in Mainstream C-Stores as Sales Migrate to Alternative Channels Total U.S. convenience store revenue for vaping contracted 5.1% year-over-year

Read More »

USA: Cigar Market

October 2026: Higher Retail Prices Keep U.S. Convenience Store Cigar Revenue Flat at $4.11 Billion Total U.S. convenience store cigar sales remained virtually unchanged year-over-year

Read More »

USA: Nicotine Pouches

October 2026: Surging Demand for Nicotine Pouches Lifts U.S. Smokeless Tobacco Category to $13.6 Billion Driven by strong consumer adoption of modern oral nicotine pouches,

Read More »

USA: Cigarette Market

October 2026: U.S. Cigarette Market Holds at $50.8 Billion as Price Increases Counter Volume Drops According to Circana data for the 52-week period ending August

Read More »

US FDA – Tobacco: News

October 2026: GAO Urges FDA to Systematically Monitor Timeliness of Tobacco Product Application Reviews The U.S. Government Accountability Office (GAO) has issued a new report

Read More »

UK: Nicotine Pouches

September 2026: STG Upgrades XQS Nicotine Pouch Range with Higher Strengths and New Flavours Scandinavian Tobacco Group (STG) has announced a significant update to its

Read More »

Tobacco Regulation: Australia

September 2026: TGA Classifies 6-Methylnicotine as a Schedule 9 Prohibited Substance to Close E-Cigarette Loophole Australia’s Therapeutic Goods Administration (TGA) has officially decided to list

Read More »

Tobacco Regulation: Canada

September 2026: Canada Rejects Calls to Ease Nicotine Pouch Rules Despite Industry Pressure Federal Health Minister Marjorie Michel has pushed back against growing industry lobbying,

Read More »

Japan: Heated Tobacco Devices

September 2026: Philip Morris Japan Expands IQOS ILUMA i Lineup with New “Bold Ruby” Color Philip Morris Japan (PMJ) has officially expanded its flagship heat-not-burn

Read More »

Tobacco Regulation: South Korea

September 2026: Constitutional Court Unanimously Upholds Volume-Based Taxation on E-Cigarette Liquids South Korea’s Constitutional Court has delivered a unanimous ruling upholding the constitutionality of the

Read More »

France: Cigarette Market

September 2026: French Tobacco Market Faces Debate Over Minimum Tax Adjustments Amid Rising Parallel Sales As the French political landscape prepares for upcoming budgetary discussions

Read More »

Japan: Nicotine pouches

September 2026: BAT Japan Expands Nationwide FamilyMart Sales for “VELO Peach Ice Medium” Nicotine Pouches British American Tobacco (BAT) has expanded the retail distribution of

Read More »

Tobacco Regulation: Russia

September 2026: Russia Rolls Out Mandatory Digital Tracking for Reusable Vapes and E-Cigarette Devices Russia has officially launched its mandatory digital tracking framework for reusable

Read More »

Turkey: Cigarette Market

September 2026: Turkey Targets 2040 Total Tobacco Ban in Sweeping Anti-Smoking Legislation Turkey has drawn up draft legislation outlining a phased strategy to achieve a

Read More »

China: Tobacco Market

September 2026: Beijing Taps Tobacco Monopoly for ¥260 Billion State Bank Capital Injection Beijing is mobilizing state-owned cigarette monopoly China National Tobacco Corporation alongside the

Read More »

Japan: Heated Tobacco Market

September 2026: Philip Morris International Opens First Global IQOS Flagship Store in Ginza, Tokyo Philip Morris International (PMI) has officially opened its first global IQOS

Read More »

Philippines: Nicotine Pouches

September 2026: DTI Requires Safety Certification for Nicotine Pouches in the Philippines The Department of Trade and Industry (DTI) has established mandatory product certification for

Read More »

Cannabis: Canada

August 2026: Canadian Legal Cannabis Retail Reaches Record CA$517.8 Million in June Canada’s legal adult-use cannabis sector has reached a landmark milestone. Newly released retail

Read More »

Philippines: Tobacco Market

August 2026: Value of Seized Illegal Cigarettes and Vapes Reaches ₱11.7 Billion in 2026 The estimated value of illegal tobacco and e-cigarette products confiscated by

Read More »

USA: Cigarette Prices

How much is a pack of cigarettes in the USA? The price of a 20-cigarette pack varies significantly across U.S. states and localities due to

Read More »

Japan: Tobacco Market

August 2026: JT to Release 80th-Anniversary Packaging for Peace Cigarettes Japan Tobacco (JT) announced it will release limited-edition packaging across four products in its Peace

Read More »

Philippines: Vapes

August 2026: Lawmakers and Advocates Push Uniform Vape Excise Taxes to Recover Revenue Losses and Curb Illicit Trade Philippine lawmakers, health advocates, and industry representatives

Read More »

USA: Illegal Vapes

August 2026: Unauthorized Products Dominate U.S. E-Cigarette Retail Sales According to a newly published study, as of December 2025, 69.4% of e-cigarette product sales (in

Read More »

USA: Tobacco & Vape Tax

August 2026: South Carolina Introduces First Statewide Vape Tax Starting October 1, 2026 South Carolina will introduce its first statewide excise tax on vaping products

Read More »

South Korea: Vapes

August 2026: S. Korea Faces Surge in ‘Nicotine-Free’ and Analogue Vapes Following Heavy Vape Tax South Korea’s vaping market is grappling with a rapidly growing

Read More »

Australia: Nicotine Pouches

July 2026: New Australia Regulations Ban Personal Importation of Nicotine Pouches The Australian Government has established new regulations to restrict access to nicotine pouches, citing

Read More »

Australia: Cigarette Market

July 2026: Australian Smoking and Vaping Rates Decline to Historic Lows, AIHW Survey Shows Smoking and vaping rates in Australia have either declined or stabilised,

Read More »

Tobacco Regulation: Japan

July 2026: Japan Backs Off From Tighter Restrictions on Heated Tobacco Products Japan’s health ministry has decided to defer implementing stricter regulations on heated tobacco

Read More »

UK: Cigar Market

June 2026: The Structural Shift in the UK Cigar Market: The Rise of the Cigarillo Segment The UK cigar category accounts for more than £350

Read More »

UK: Cigarette Market

June 2026: Legislative Restructuring and Economic Bifurcation in the UK Tobacco Market The UK tobacco sector is entering a period of significant structural and regulatory

Read More »

Canada: Cigarette Market

May 2026: Canada’s Tobacco and Vaping Act Review Highlights Enforcement Gaps Amid Growing Illicit Market Canada’s third legislative review of the 2018 Tobacco and Vaping

Read More »

UK: Heated Tobacco

May 2026: UK Tobacco Advertising Crackdown Forces PMI to Remove IQOS Promotions From Stores Philip Morris International (PMI) is removing in-store advertising for its IQOS

Read More »

Pakistan: Tobacco Market

April 2026: Pakistan Tops Global Illicit Cigarette Market Pakistan has emerged as the world’s largest illicit cigarette market, with illegal products accounting for 55% of

Read More »

Africa: Tobacco Market

March 2026: BAT Faces Rising Illicit Trade in African Markets British American Tobacco (BAT) reported a 12.5% year-on-year revenue decline in Kenya in 2025, as

Read More »

USA: Youth Nicotine Use

Youth Nicotine Use at Historic Low in the U.S. Despite Rise of Disposable E-Cigarettes The landscape of youth nicotine use in the United States has

Read More »

Zonnic: Canada

March 2026: Alberta Urges Federal Government to Ease Nicotine Pouch Restrictions Amid Black Market Concerns Alberta’s provincial government has formally urged Canada’s federal authorities to

Read More »

Canada: Vapes

February 2026: Diverging Alcohol and Nicotine Trends Among Young Canadian Adults Young Canadian adults are consuming less alcohol than older generations, while reporting comparatively higher

Read More »

South-East Europe: Cigarette Market

South-East Europe: Albania, Bosnia & Herzegovina, Bulgaria, Croatia, Greece, Kosovo, Montenegro, North Macedonia, Romania and Serbia February 2026: Factory Closures Turn Bosnia’s Tobacco Sector into

Read More »

New Zealand: Vapes

February 2026: New Zealand Approves First Quit‑Vaping Medicine as Youth Use Climbs New Zealand’s medicines regulator Medsafe approved the country’s first product specifically indicated to help

Read More »

China: E-cigarette Market

February 2026: China Freezes Vape Factory Expansion Amid Mounting Overcapacity China’s tobacco regulator ordered e-cigarette manufacturers to halt the construction of new production facilities, signaling a

Read More »

South Korea: Nicotine Pouches

February 2026: South Korea’s Nicotine Pouch Challenge Despite the rapid global growth of nicotine pouches – driven by brands such as ZYN from Philip Morris International

Read More »

Egypt: Tobacco Market

February 2026: Philip Morris Egypt raises cigarette prices by E£5-7 Philip Morris Egypt announced new prices for its portfolio of traditional cigarettes and heated tobacco products

Read More »

Russia: Cigarette Market

January 2026: Russia to Begin Extra-Judicial Blocking of Online Tobacco Sales Sites Russian authorities will start blocking websites that sell tobacco and nicotine-containing products without

Read More »

Europe: Cigarette Prices

January 2026: Tobacco Prices Increase Across Europe in 2026 In 2026, most European countries increase taxes on tobacco and an expanding range of nicotine products

Read More »

Tobacco Regulation: China

January 2026: China to End VAT Export Rebates on E-Cigarette Products from April 2026 China will cancel value-added tax (VAT) export rebates on e-cigarette products

Read More »

Italy: Cigarette Market

December 2025: Italy’s 2026 Tobacco Tax Hike – What to Expect Starting on January 1, 2026, the Italian Government will implement a significant increase in

Read More »

Philippines: Heated Tobacco

December 2025: Philip Morris opens IQOS Flagship Boutique in Makati, Manila PMFTC, the Philippine affiliate of Philip Morris International (PMI), opened its latest IQOS Boutique in

Read More »

Spain: Cigarette Market

December 2025: Japan Tobacco is the new cigarette market leader in Spain Japan Tobacco (JT), the maker of Camel and Winston, snatches the cigarette market

Read More »

PMI – KT&G Partnership

December 2025: Philip Morris International – KT&G Partership Agreement is revised KT&G announced that it revised the key contractual terms related to its 15-year long-term

Read More »

Pakistan: Tobacco Market

December 2025: Philip Morris begins the local production of ZYN nicotine pouches Philip Morris International (PMI) began the production of ZYN nicotine pouches at its

Read More »

New Zealand: Nicotine Pouches

December 2025: New Zealand Lawmakers Debate Plans for Oral Nicotine Products New Zealand lawmakers debated the Government’s plans for regulating oral tobacco and nicotine products,

Read More »

Australia: Vapes

October 2025: TGA issues a warning to online delivery service providers not to breach the laws regarding the supply and advertising of vaping products The

Read More »

Canadian Tobacco Lawsuit & Settlement

August 2025: Imperial Tobacco Canada exits bankruptcy protection British American Tobacco (BAT)’s Canadian affiliate, Imperial Tobacco Canada (ITCAN) formally exited protection under the Companies’ Creditors

Read More »

Little Cigars

June 2025: Global little cigar sales dropped 4% in 2024, outside China Little cigar sales, outside China, dropped 3.9% to 18.4 billion sticks in 2024.

Read More »

International Cigar Market

June 2025: The Dominican Republic remains the world’s top exporter of premium cigars The Dominican Republic remains the world’s top exporter of premium cigars, producing

Read More »

Marlboro: Canada

The Marlboro Brand Paradox in Canada: A Trademark Tug-of-War Marlboro, the world’s most known cigarette brand, is globally synonymous with Philip Morris Company. Its red

Read More »

USA: Menthol Cigarettes

Menthol cigarettes have long been a contentious issue and a matter of regulatory scrutiny in the United States. Public health advocates argue that menthol reduces

Read More »

USA: Cheap Cigarettes

The Rise of Cheap Cigarettes in the USA: A Look at Economic Stress, Market Trends and Brand Popularity In recent years, economic uncertainty, inflatory pressures,

Read More »

USA: Cigarette Brands

The US cigarette market is a quasi-duopoly with two companies, Altria’s Philip Morris USA and British American Tobacco (BAT)’s Reynolds American, owning 84% market share

Read More »

Cigarets

Cigarets, as Americans used to call them, have presumably been the most controversial consumer product in human history. 60 years ago, in 1964, the U.S.

Read More »

Tobacco Regulation: New Zealand

September 2024: New Zealand Escalates Youth Vaping Crackdown with New Amendment Bill The coalition government in New Zealand introduced the Smokefree Environments and Regulated Products

Read More »

Flava Vape Philippines

The Philippines is a US$200 million e-cigarette market with an annual growth rate of mid-teens. Until recently, the controversial Flava brand claimed to be the

Read More »

Sensa Vape: USA

Sensa is a nicotine-free, fruit-flavored disposable vape launched in the USA on July 1, 2024, by R.J. Reynolds Vapor Company (RJRVC), an operating company of

Read More »

Call Request:
Reports

We will reach out to you within 24 hours to discuss your request. Please note that we only respond to requests with a valid business e-mail address
Disclaimer: The content in our Market Pulse section is/shall not be construed as investment advice. It is for informative purposes only and does not take into account the individual needs, investment objectives and specific financial circumstances. Any action taken upon the information in our Market Pulse section is strictly at the reader’s own risk. We assume no responsibility or liability for the actions taken. Moreover, we also assume no responsibility or liability for any errors or omissions in our content – which is provided on an “as is” basis with no guarantees of completeness, accuracy, usefulness or timeliness even if we only depend on the infromation sources that are believed to be accurate.

Consultation
Session Request

We will reach out to you within 24 hours to discuss your request. Please note that we only respond to requests with a valid business e-mail address