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Even though fewer people are smoking, cigarette companies are find ways to keep making money. Our infographic takes you through how they continue to make a lot of money every year. Five tobacco companies control 80% of the market and they are always ready to test new markets if they find the profitability of other markets is down. For example, British American Tobacco is facing heavy lawsuits from African governments related to past and future healthcare costs related to smoking.
While some countries tax cigarettes heavily, other countries are more lenient. However, addictions can be powerful and the customer is left to pay whatever the tobacco company is asking them to pay. It is the smoker who helps to pick up the tab on the increased tax bill. Check out this infographic to find out more about the large revenues being enjoyed by big tobacco. Hopefully you will learn something from it.
See how much you can save by switching to vaping with the price comparison in the 'Takeaways' section...
As of 2018, there are one billion smokers in the world – that’s one in seven people! This figure gets even higher when you look solely at low and middle-income countries which make up a staggering four in five of the world’s smokers.
Studies have revealed that vaping is easily one of the best ways to kick the smoking habit. In fact, 40.8% of smokers who had used vaping to quit had completely eliminated tobacco from their lives after one year. This is immensely successful when compared to traditional methods such as nicotine patches, gum and going cold turkey which resulted in only 5% of quitters remaining smoke-free twelve months after. This stat prompts the question: is the money quitters are spending on such products really worth it?
Cancer Research UK has released the results of their long-term Vaping study.
Enjoy our infographic which condenses and highlights the salient results from the survey.
Very positive - we believe. Now let's see if the legislative bodies listen and strive to encourage rather than hinder the success of Vaping.