Vape and Cigarette Sales Slump Amid UK Crackdown, NielsenIQ Says
Bloomberg
UK vape and cigarette sales fell by 12.7% in the past year due to regulations and health concerns, while smoking cessation products rose.Summary
Sales of vapes, cigarettes, and other tobacco products in the UK have experienced a significant decline, dropping by 12.7% in the 12 months ending September 6th, representing over £1 billion ($1.3 billion) in lost sales, according to NielsenIQ data. This decrease is attributed to stricter regulations and growing health concerns surrounding smoking. Conversely, products designed to aid in smoking cessation – including gum, lozenges, and sprays – saw a substantial increase in volume, rising by nearly 24%, indicating a shift towards quitting smoking.
(Source：Bloomberg)
