Domestic consumption of flavored tobacco products is increasing sharply

This photo provided by KT&G Corp. shows its flavored tobacco products.

SEOUL, Oct 6 (Korea Bizwire)Sales of flavored tobacco products manufactured by adding flavors to regular tobacco products to make them taste sweet or fresh are increasing at a tremendous rate in the domestic market.

According to data that ruling Democratic Party Representative Choi Hye-young received from the Economy and Finance Ministry, national tobacco sales fell to 3.59 billion packs last year from 4.4 billion. of packages in 2011.

In contrast, sales of flavored tobacco products more than quintupled, from 260 million packs to 1.38 billion packs during the same period.

As a result, the share of flavored tobacco products in overall tobacco sales has trended upward, reaching 40.3% in June 2021 from 38.5% last year and 5.8% in 2011.

Among flavored tobacco products, sales of capsule-type cigarettes soared to 1.09 billion packs last year, more than 15 times the 70 million packs sold in 2011, their share in overall sales of tobacco increasing from 1.7 to 32.4% in June 2021. percent in 2011.

Electronic cigarette sales also grew from 80 million packs in 2017 to 380 million packs last year, with flavored electronic cigarette sales increasing from 50 million packs to 310 million packs.

Kevin Lee ([email protected])


Source link