According to Rosstat, total revenue for tobacco manufacturers in Russia reached RUB375.4 billion (US$4.1 billion) in 2024, an 18% increase compared with 2023
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Focusing on countries with regulatory support for e-cigarettes can help companies improve their revenue generation potential as per this e-cigarette and vape market analysis
The industry has been undergoing some of the biggest changes in its history: The number of children currently smoking has plunged by almost three-quarters in the last 20 years, tobacco use among men is on the decline for the first time on record and cigarette volumes have been falling in a straight line for decades
