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What’s Happening in Tobacco? Q4 2019

February 2020

In the latest in an ongoing series of quarterly briefings looking at major (and some minor) developments in the world of tobacco, we assess the latest performance of the major multinationals, important cannabis and NPD/NGP updates, the reviewed economic growth projections for the world’s key markets and what to look for in the next quarter.

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Regulatory Updates (1)

Age limit of 21 years approved in the US in December

The US Food and Drug Administration officially raised the minimum age to buy tobacco products, including cigarettes and vapour products, that contain nicotine from 18 to 21 years. The federal agency also prohibited e-cigarette sales to anyone under 21. The new regulation has already been enforced nationwide in retail, although major chains in the US, such as Walmart, Walgreens and Rite Aid, had already increased their minimum age for tobacco sales to 21 during the previous year. 19 states and over 500 cities and towns in the US had already raised the minimum age to buy tobacco to 21, and with the new federal law all states will have to comply.

FDA escalates enforcement against most fruit and mint flavoured vaping products

The US Food and Drug Administration issued a policy prioritising enforcement against certain unauthorised flavoured e-cigarette products, including fruit and mint flavours, in the US in January 2020, in response to the appearance of cases of vaping-related illnesses in the country. US President Donald Trump threatened to crack down on vaping in September, but the new FDA policy only applies to e-cigarettes that use pre-filled nicotine cartridges, and excludes open vaping systems, which are manually filled with e-liquids.

Regulatory updates (1)
Regulatory updates (2)
Regulatory updates (3)
Regulatory updates (4)
Regulatory updates (5)
Regulatory updates (6)
Regulatory updates (7)
Taxation updates (1)
Taxation updates (2)
Prevalence updates (1)
Prevalence updates (2)
Market and product updates (1)
Market and product updates (2)
Market and product updates (3)
Market and product updates (4)
Market and product updates (5)
Illicit trade updates
Cannabis updates (1)
Cannabis updates (2)
New product developments
Production updates (1)
Production updates (2)
PMI: volumes decline despite strong HTP growth
BAT: revenue and profit continue to grow
JTI: international volume grows slightly while domestic declines
IMB: volume declines and e-vapour growth below expectations
The latest Euromonitor International macroeconomic forecasts
The latest Euromonitor International macroeconomic forecasts
The latest Euromonitor International macroeconomic forecasts
The latest Euromonitor International macroeconomic forecasts
What to look for in Q1 2020
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