According to novel coronavirus, which was swept over the world in the first half of 2020, sales of non heated products in Korea were declining in the first half of 2020, according to Tobacco.
Some analysts believe that in addition to the above factors, South Korea’s election may also be an important factor leading to the decline in sales of its new tobacco products.
In addition, there are also analysis that it may be related to the ongoing tobacco control activities.
The heating and non combustion market in South Korea is on the decline, while in Slovakia, a small European country, the market sales volume is growing, and it is in a steady growth state.
According to PR Newswire, Slovakia is one of the major markets in Europe for heating non combustible tobacco products.
As far as its market share is concerned, it has already ranked sixth in the world.
In this regard, well-known consulting companies in their official website—— Markets.com The company’s analysis covers the market size of the country and the government’s regulatory policies for new tobacco products.