Within the Indonesian electronic cigarette market, disposable vape have additionally begun to become in style, and the real popular product is the disposable Refillable Vape, about 95% market share.

First, the consumer market potential of Indonesia’s Refillable Vape. The market worth of Indonesia’s e-cigarettes will reach US$239 million in 2021, and it is anticipated to proceed to achieve potential development through 2026.

Second, Indonesia has low tariffs and inclined policies, and Chinese e-cigarettes are exported to Indonesia without paying export tariffs;

This can be mirrored in Indonesia’s support for the e-cigarette industry. Indonesia has planned a large-scale e-cigarette industrial park and invited some Chinese companies to settle in.

Third, Indonesia is presently in a state of weak supervision of the e-cigarette industry. Indonesia is the only country in Southeast Asia that permits TV and media to publish tobacco advertisements.

Therefore, even if the consumption tax rate is just not low, the compound growth rate of the Indonesian cartridge Refillable Vape market is still as high as 34.5%.

Fourth, pushed by multinational tobacco companies, Indonesia’s attraction to multinational tobacco firms just isn’t unrelated to its advanced tax laws.

Indonesia is anticipated to boost the country’s financial system by means of excise tax on e-cigarettes.

In Indonesia’s latest 2023 Government Price range and Expenditure Conference (RAPBN), the government aimed to acquire 245.45 trillion rupiah from tobacco excise tax (CHT), which is just like 2022. Compared with the goal of 224.2 trillion rupiah, the increase is as high as 9.5%.

ISK Vape think that disposable Refillable Vape in Indonesia keep growing with 20% every year.

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