South Korean vape grows against the trend

Since the outbreak, the epidemic has had an important impact on many industries around the world, and the development of the vape industry has also cast a shadow.

90% of the world’s steam vapes are produced in China. Due to the blockade and quarantine policies, from late February to early March, many Chinese vape supply chain enterprises were unable to work normally, and workers were unable to return to work. , Resulting in a worldwide shortage of vape supplies.

In late February, when the epidemic situation in China continued to improve, the epidemic situation in South Korea was in an emergency, and the growth rate was very fast. Affected by the epidemic, I thought that the sales volume of the South Korean vape market would decline seriously, but strangely, the South Korean vape market not only did not decline, but rose sharply!

According to Tobacco Online News, actual sales statistics from Korean convenience stores show that as of the end of February, vape's market share in the Korean tobacco retail industry reached 13.1%. Tobacco industry officials commented, "This is the highest ever. Record".

The official said, "Due to the spread of the new coronavirus infection, the increase in indoor smoking has led to an increase in vape sales. Because of the cold winter, vape sales have shown an increasing trend, but February sales have increased sharply compared with January. , This is a very rare thing."

The Korean tobacco industry predicts that the share of vape will continue to increase in the future. The cognitive diffusion of "vape is less harmful than ordinary cigarettes", the advantages of non-smell odor, the reduction of smoking places, etc. will all cause the demand for vape.

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