While the price of the MSB cigarette increased by 200.0 percent, the total taxes on that cigarette rose by only 178.5 percent
In most cases, a history of smoking is the main cause
In general, younger people have lower levels of disposable income and are less likely to start smoking or use tobacco as prices increase, meaning they are more sensitive to price changes than older populations
Duty-free stories once specialized in heavily taxed items, such as alcohol and tobacco products, but now they hawk other products that aren't as deeply discounted
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The company positions IQOS as a product that heats tobacco without burning it, thereby significantly reducing the levels of harmful chemicals compared to cigarette smoke