Latin America E-Cigarettes News

Recent industry report about Latin America E-Cigarettes company news, including latest market trends and industry updates in 2024. This sector news is compiled by Mordor Intelligence™ Latin America E-Cigarettes Market industry experts.

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Latin America E-Cigarettes News

  • August 2022: SMOK, the brand from Shenzhen IVPS Technology, which specializes in the research, development, production, and sale of e-cigarettes, launched its new SOLUS 2 series. After nearly 200 days in development, the SOLUS 2 has come to represent improved vaping experiences and cost-effectiveness for vapers worldwide.
  • May 2022: Innokin Technology partnered with Aquios Labs to launch the brand-new water-based vaporizer 'Lota'. With this partnership, Lota can access innovative new technologies and products for closed vaping systems. The first generation of water-based vape juice from Aquios Labs, AQ30, supports 30% water.
  • August 2021: Philip Morris International Inc launched IQOS ILUMA, the latest addition to its growing portfolio of smoke-free products for adults. The new IQOS ILUMA is the brand's first tobacco-heating system with induction-heating technology, which utilizes no blade and requires no cleaning.
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  • September 2022: Philip Morris announced that its United Tobacco Co. (UTC) subsidiary would begin manufacturing its products for the Egyptian market. Philip Morris' cigarettes will continue to be manufactured by Eastern Co. until its production stock is depleted.
  • June 2022: Philip Morris, as part of a deal with the Egyptian government, paid about USD 450 million to obtain a new license to manufacture traditional and electronic cigarettes in Egypt.
  • December 2021: Eastern Company and Al-Mansour International Distribution Company signed a distribution agreement to manufacture Davidoff Evolve cigarettes. It is owned and distributed by Imperial Brands, which Al-Mansour has represented in Egypt for many years.
  • March 2022: Johnson & Johnson's Nicorette and NicoDerm launched a digital ecosystem, a website that offers support for smokers on their quit journey. The website is equipped with various resources and tools, including education, motivation, and support, to make quitting smoking easier. The company has designed this new strategy as a portfolio of nicotine replacement therapy (NRT) solutions to combine various options to help smokers quit.
  • February 2022: Enorama Pharma's business partner, betapharm Arzneimittel GmbH, launched generic nicotine chewing gum in Germany under the brand name Nicotine Beta. This brand offers generic products that highlight the advantages of nicotine replacement therapy (NRT).
  • July 2021: Philip Morris International Inc. acquired Fertin Pharma, a manufacturer of nicotine gum, for USD 813.1 million. The company's goal with this acquisition is to expand its product portfolio by adding a range of smoke-free products.
  • In January 2023, Cannadips Europe, a SpectrunLeaf brand offering premium CBD products in the European market, partnered with Snushus AG to launch all-natural CBD snus pouches and to offer the core collection in-store.
  • In November 2022, Philip Morris International acquired Swedish Match, the world's leading manufacturer of snus and nicotine products. the purpose of this acquisition was for PMI to enter the United States Market. 
  • In May 2021, Phillip Morris International acquired Danish-based snus manufacturer AG Snus Aktieselskab and its range of snus brands. This integration with Phillip Morris International provides an opportunity to strengthen the long-term growth of AG Snus significantly.
  • October 2022: Zeal Network SE expanded its games business internationally. The German market leader for online lotteries collaborated with American online lottery provider Park Avenue Gaming to integrate the online instant games of Zeal into its video lottery terminal business in Argentina and its online platforms in Peru.
  • February 2022: Zeal Network SE launched a partnership with Lotto Hessian for instant win games. In this partnership, Zeal provided Hessian with 15 online games of the state lottery, such as crosswords, bingo, or the world cup.
  • December 2021: Crypto Millions Lotto announced the launch of four new lottery games on its official website. Two of the above four games are India-based, namely, India Fantasy 5 and India Million Lotto, while the others are US-based, viz, Powerball+ and Mega Millions+.

In 2021, Phillip Morris International Inc., which is a tobacco company, acquired the Danish-based snus manufacturer AG Snus Aktieselskab and its range of snus brands.

In 2021, United States Smokeless Tobacco Company LLC launched four new smokeless tobacco products- Verve Discs Blue Mint, Verve Discs Green Mint, Verve Chews Blue Mint, and Verve Chews green mint.

In 2021, Scandinavian Group AS acquired a majority stake in Moderno Opificio del Sigaro Italiano which has production facilities in Orsago in the Northern part of Italy.

  • February 2022: Wedze, the winter-sports brand of French giant Decathlon, partnered with Belgian innovator Resortecs to launch a fully recyclable ski jacket using the start-up's design-for-disassembly technology. Different from normal ski jackets, which are extremely difficult to recycle due to their complex material composition, this flagship is made of 63% recycled polyester, and 23% of the fabrics are dyed using dope dyeing - one of the most water-efficient dying techniques.
  • September 2021: Sustainable skiwear retailer EcoSki launched EcoSki Rental, Europe's first contemporary online skiwear rental service, in collaboration with rental giant MY WARDROBE HQ. Powered by MY VENTURES, the technology service recently launched by MY WARDROBE HQ, EcoSki Rental offers a practical, cost-effective solution for skiers wanting high-quality kits without the high-end price tag. The carefully curated range of kits includes everything from jackets, pants, helmets, and goggles to socks, baselayers, gloves, beanies, and avalanche equipment.
  • October 2023: Sigmatex extended its partnership with CCM Hockey for more than 5-years. The company claims this partnership resulted in CCM as the official outfitter of the American Hockey League, the Canadian Hockey League, and various NCAA and National teams.
  • October 2022: Bauer was set to release a stick under a new line called the AG5NT. The AG5NT is the lightest and quickest-release stick Bauer. Bauer focused on optimizing the stick's weight and durability. The Senior model weighs 335 g, 40 g more lightweight than the Hyperlite, and 30 g lighter than the Sync. This lighter build improved the stick's feel and increased the release speed.
  • July 2022: Bauer expanded the Vapor line with a full array of Hyperlite protective gear in 2022. With three price points in the new Vapor gloves and Hyperlite models for shoulder pads, elbow pads, shin guards, and pants, players can experience the Hyperlite line's combination of super-lightweight feel and elite-level performance across their entire protective kit. These gloves feature a variety of Pro Lite Tex material with cable mesh, the new Defense Cloud Tech foam on the backhand, and a molded Shocklite backhand plate. These materials combine for a 25% lighter weight than the previous generation's.
  • September 2023: Cat Footwear introduced the Invader Mid Vent, showcasing a range of innovative features. The Invader Mid Vent is equipped with a ReViveTech Engineered Comfort footbed, a 100% Post Industrial Recycled Lining featuring an NXT footbed cover, a durable EVA midsole, a robust nylon shank, a composite toe for added protection, and a rugged industrial-grade rubber outsole.
  • October 2022: Xena Workwear unveiled the Valence SD shoe, a Chelsea boot designed for dissipative purposes. This shoe comes with elastic side panels on both sides for ease of wear. It is available in two variants: one crafted from LWG Certified leather in a rich chestnut shade, and the other using vegan leather in a stylish onyx hue.
  • August 2022: Mallcom India, a leading integrated manufacturer of head-to-toe personal protection equipment based in India, expanded its product range by introducing aesthetically designed safety shoes under the brand name FREDDIE. Mallcom India's FREDDIE shoe collection is dedicated to safeguarding workers in various hazardous work environments.
  • In November 2022, according to a statement by the Saudi Arabian Football Federation (SAFF), from the beginning of 2023, the nation's national football teams will receive their kit supplies from German sportswear giant Adidas rather than Nike. Adidas becomes the SAFF's only provider of all training and match apparel, including for the men's, women's, and junior teams, under the terms of the agreement, which extends until 2026.
  • In March 2022, Puma extended its partnership with the international motor racing championship for female drivers, W Series, to provide high-performance and flame-retardant racewear for female drivers.
  • In June 2021, Puma India extended its partnership with Indian cricketer Yuvraj Singh. He is now the face of the Puma Motorsport collection in India.
  • September 2022: Philip Morris announced that its United Tobacco Co. (UTC) subsidiary would begin manufacturing its products for the Egyptian market. Philip Morris' cigarettes will continue to be manufactured by Eastern Co. until its production stock is depleted.
  • June 2022: Philip Morris, as part of a deal with the Egyptian government, paid about USD 450 million to obtain a new license to manufacture traditional and electronic cigarettes in Egypt.
  • December 2021: Eastern Company and Al-Mansour International Distribution Company signed a distribution agreement to manufacture Davidoff Evolve cigarettes. It is owned and distributed by Imperial Brands, which Al-Mansour has represented in Egypt for many years.

Latin America E-Cigarette Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)