The Surge in Synthetic Nicotine Products in E-cigarette Market

Mar.11.2025
The Surge in Synthetic Nicotine Products in E-cigarette Market
E-cigarette sales surge by 25% in Korea, with synthetic nicotine dominating market amid calls for regulations.

Key points:

 

1. E-cigarette sales surged by 25% over the past year, with synthetic nicotine products accounting for 97% of the e-cigarette market.

 

2. Imports of synthetic nicotine surged by 80%, with experts urging swift legislation to address the market shift.

 

3. Earlier, the South Korean parliament planned to regulate synthetic nicotine, but the proposal was put on hold due to industry concerns over the reliability of research.

 


 

According to N.News, a report submitted by South Korea’s Ministry of Health and Welfare on the 10th, titled "Domestic Tobacco Product Market Survey and In-Depth Analysis of Smoking Behavior," showed that e-cigarettes stood out in market performance.

 

E-cigarette sales reached 19.9 billion South Korean won (approximately $14 million) in the third quarter of 2024, a 24.6% increase from the same period in 2023. During the same period, sales of heated tobacco grew by 2%, while cigarette sales fell by 3.4%.

 

The report also found that in 2023, synthetic nicotine products accounted for 97.2% of the e-cigarette market, while natural nicotine made up 2.8%. Imports of natural nicotine increased slightly from 554 tons in 2022 to 555 tons in 2023, a growth of less than 1%. 

 

In contrast, imports of synthetic nicotine surged by 80%, rising from 121 tons in 2022 to 216 tons in 2023. While natural nicotine imports remain higher in volume, synthetic nicotine has quickly dominated the market due to its more efficient production capabilities.

 

As of June 2024, South Korea's synthetic nicotine imports reached 162 tons, accounting for three-quarters of the previous year's total imports in just six months.

 

The research team noted in the report that...

Before the discussion on regulating synthetic nicotine has even begun, the e-cigarette industry has already led the market with the introduction of products with no nicotine or low nicotine. The emergence of these nicotine analogs has made market changes even more complex, making it difficult even for experts to keep up with them quickly.

 

The South Korean parliament planned to discuss the possibility of including synthetic nicotine in tobacco regulations last month, but the proposal is currently on hold due to concerns raised by the e-cigarette industry about the reliability of the research and emphasizing the right to survival.

 

We welcome news tips, article submissions, interview requests, or comments on this piece.

Please contact us at info@2firsts.com, or reach out to Alan Zhao, CEO of 2Firsts, on LinkedIn


Notice

1.  This article is intended solely for professional research purposes related to industry, technology, and policy. Any references to brands or products are made purely for objective description and do not constitute any form of endorsement, recommendation, or promotion by 2Firsts.

2.  The use of nicotine-containing products — including, but not limited to, cigarettes, e-cigarettes, nicotine pouchand heated tobacco products — carries significant health risks. Users are responsible for complying with all applicable laws and regulations in their respective jurisdictions.

3.  This article is not intended to serve as the basis for any investment decisions or financial advice. 2Firsts assumes no direct or indirect liability for any inaccuracies or errors in the content.

4.  Access to this article is strictly prohibited for individuals below the legal age in their jurisdiction.

 

Copyright

 

This article is either an original work created by 2Firsts or a reproduction from third-party sources with proper attribution. All copyrights and usage rights belong to 2Firsts or the original content provider. Unauthorized reproduction, distribution, or any other form of unauthorized use by any individual or organization is strictly prohibited. Violators will be held legally accountable.

For copyright-related inquiries, please contact: info@2firsts.com

 

AI Assistance Disclaimer

 

This article may have been enhanced using AI tools to improve translation and editorial efficiency. However, due to technical limitations, inaccuracies may occur. Readers are encouraged to refer to the cited sources for the most accurate information.

We welcome any corrections or feedback. Please contact us at: info@2firsts.com

Philippine Local Governments Urge Marcos to Prioritize Smoke- and Vape-Free Bill
Philippine Local Governments Urge Marcos to Prioritize Smoke- and Vape-Free Bill
The League of Municipalities of the Philippines (LMP) has urged President Ferdinand Marcos Jr. to prioritize the Smoke- and Vape-Free Bill, seeking a nationwide legal framework for tobacco and vape regulation. Local government leaders said national legislation would help standardize enforcement and strengthen public health measures. The proposal remains at the advocacy stage and has not yet become law.
Jul.29
KT&G’s Lil Strengthens Market Lead in Korea as Heated Tobacco Share Reaches 47.4%
KT&G’s Lil Strengthens Market Lead in Korea as Heated Tobacco Share Reaches 47.4%
According to South Korea’s UpKorea, KT&G’s heated tobacco brand Lil reached a 47.4% share of Korea’s heated tobacco stick market in the first quarter of 2026. The company is expanding its next-generation products (NGP) business through product development, technology investment and overseas growth. KT&G reported NGP sales of 890.1 billion won (approximately US$650 million) in 2025, up significantly from 279.3 billion won in 2020. Lil products are now available in 34 markets, while KT&G continues building its technology portfolio through patents and multiple product platforms.
Jul.23
PMI Expands Colorado Investment to $1.2 Billion to Boost ZYN Nicotine Pouch Production
PMI Expands Colorado Investment to $1.2 Billion to Boost ZYN Nicotine Pouch Production
Philip Morris International (PMI) is expanding its investment in its Golden, Colorado campus, bringing total investment to approximately $1.2 billion to support its smoke-free products business. The investment will strengthen PMI’s research, production and innovation capabilities in smoke-free products. As one of the world’s largest tobacco companies, PMI has continued advancing its “Smoke-Free Future” strategy through heated tobacco, oral nicotine and other reduced-risk product categories.
PMI
Jul.28
CCPIT Says Trade Friction Index for China-Related Electronics Sector Remains High, With Vape Products Among Areas of Focus
CCPIT Says Trade Friction Index for China-Related Electronics Sector Remains High, With Vape Products Among Areas of Focus
China Council for the Promotion of International Trade (CCPIT) held its July regular press conference on July 31, 2026, releasing the May 2026 Global Economic and Trade Friction Index. CCPIT spokesperson Yang Fan said the global trade friction index stood at 95 in May, remaining at a medium-to-high level. By industry, the electronics sector recorded the highest trade friction index among 13 monitored industries. In China-related trade frictions, the index stood at 93, with electronics products including drones, chips and vape products among areas where friction remained elevated.
Aug.03
Product | IVG Pro 15K Enters European Retail Channels, Expanding High-Capacity Pod System Segment
Product | IVG Pro 15K Enters European Retail Channels, Expanding High-Capacity Pod System Segment
UK vape brand IVG has introduced the IVG Pro 15K, a high-capacity pod system combining a 2ml prefilled pod with a 10ml refill container to deliver up to 15,000 puffs. Unlike conventional high-puff disposable vapes, the IVG Pro 15K adopts a reusable device structure, reflecting a broader shift in the European vape market toward longer-use-cycle products and reusable hardware ecosystems.
Jul.14
North Carolina Adds $1,000 Vape Shop Tax and 21+ Age Verification Requirement
North Carolina Adds $1,000 Vape Shop Tax and 21+ Age Verification Requirement
North Carolina’s new state budget introduces additional vape retail regulations, including a $1,000 tax on vape shops and mandatory age verification requiring customers to be at least 21.
Jul.08