Saudi e-cigarette market is about to open?

Although e-cigarettes are currently banned from sale in the country, as acceptance of e-cigarettes around the world gradually increases, the Saudi Arabian government may reconsider this policy.

Saudi Arabia (the word “Saudi Arabia” means “happy desert” in Arabic), with a population of 35 million, is far more than the population of 9 million in the United Arab Emirates. A large part of them are young people. It is the core of the Middle East. In the e-cigarette market, as these young people pay more attention to health and healthy lifestyles, their demand for e-cigarettes may also increase. Especially in the past two years, e-cigarettes have developed rapidly and become the most promising product in the Middle East. one of the regions. Saudi Arabia also has a highly consumerist society, which may also contribute to the growth of the e-cigarette market.

In addition, Saudi Arabia’s economic development and increase in per capita income have also brought business opportunities to the e-cigarette market. Many international e-cigarette brands have already started operating in Saudi Arabia, which also shows that the market has considerable potential.

It is worth noting that Saudi Arabia is a country with a conservative tradition and its attitude towards e-cigarettes may be different from other countries. The government may take a more cautious stance and impose stricter regulations on the sale and use of e-cigarettes. Therefore, any company that wants to do business in this market needs to carefully understand the local legal and regulatory environment and develop marketing and promotion strategies accordingly.+

E-cigarette market introduction

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March 17, 2023 (The Expresswire) – The major players profiled in the “E-cigarette Market Size 2023” report are the most influential and successful companies, brands, or individuals in the e-cigarette market from 2023 to 2029.

There are many different markets and industries around the world. We can make a high-level summary of some of the main trends and factors currently affecting the global e-cigarette market.

The e-cigarette market has been widely recognized and developed globally, and many companies and investors regard it as a market with huge potential. If the Saudi Arabian government decides to allow the sale of e-cigarette products, it may attract the attention of some investors and funders, who will invest in local e-cigarette companies or enter the market.

According to reports, the Saudi Arabian government has begun to consider introducing e-cigarette products and selling them in the domestic market in the next few years. The Saudi Arabian government stated that the introduction of e-cigarette products can help consumers reduce their reliance on traditional tobacco consumption and reduce the impact on public health.+

From the perspective of Middle East countries, there are about 23 countries and regions, more than 15 million square kilometers, and a population of 490 million, including Saudi Arabia, the United Arab Emirates (seven countries, Abu Dhabi, Dubai, Sharjah, Ras Al Khaimah, Ajman, Fujairah, Umm Al Quwain), Kuwait, Egypt, etc. have become important parts of the overseas market for e-cigarettes.

In addition, the Saudi Arabian government also plans to regulate e-cigarette products to ensure that their impact on public health is minimized. The government said regulation will include strict control and supervision of the production, sale and use of e-cigarette products to ensure they comply with international standards and domestic health standards in Saudi Arabia.

Overall, this move by the Saudi Arabian government demonstrates the government’s determination and concern for protecting public health. The introduction of e-cigarette products may provide consumers with more choices, while government supervision can also ensure the quality and safety of e-cigarette products.+

One of the largest “financiers” in the Middle East (with assets exceeding US$250 billion) is a local state-owned enterprise and the Saudi sovereign wealth fund “Public Investment Fund”. Saudi Crown Prince and Prime Minister Mohammed is the chairman of the fund and has invested in the e-cigarette industry.

 

What is the market size and share of e-cigarettes?

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E-cigarette market size, market segments: mainly include closed system e-cigarette products and open system e-cigarette products; end users: convenience stores, e-cigarette stores, tobacco stores, grocery stores, pharmacies, others and regions;

E-cigarette usage in Saudi Arabia

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Background: Electronic cigarettes (e-cigarettes) are heavily promoted as a healthier alternative to smoking.

Objective: This study aimed to determine the prevalence of e-cigarette use among adults in Saudi Arabia.

Design and setting: A cross-sectional study was conducted to assess the prevalence of e-cigarette use in Saudi Arabia using a questionnaire. Information on the types of smoking used by adults was collected from questionnaires.

Results: A total of 3374 participants answered the questionnaire. About 26% of the cohort had tried e-cigarettes at least once in their lives. Additionally, there was a statistically significant difference in smokeless tobacco use (p value <0.001), with e-cigarette smokers having a higher incidence of smokeless tobacco use. Additionally, e-cigarette smokers smoked tobacco significantly more frequently (p-value = 0.002). Additionally, e-cigarette use was significantly higher among men (p-value <0.001), those with higher education (p-value <0.001), and those aged between 18 and 24 years.

Conclusions: E-cigarette use is more prevalent among younger people and those who have previously tried smoking. In Saudi Arabia, there are a large number of smokers. According to official data, there are as many as six million smokers in Saudi Arabia, one-tenth of whom are female smokers.