Analysis of tobacco consumption in South Korea indicates a consistent decline among men aged 15+ who are daily smokers from 2024 to 2028. The percentage of daily smokers starts at 23% in 2024 and decreases year on year, reaching 18.6% by 2028. This represents a year-on-year decrease of approximately 4.8% from 2024 to 2025, 5% from 2025 to 2026, 5.3% from 2026 to 2027, and 5.6% from 2027 to 2028. Over the past two years, the decline rate has accelerated. The compound annual growth rate (CAGR) from 2024 to 2028 is approximately -5.18%, indicating a steady average annual reduction in smoking rates.
Future trends to watch for:
• Increased governmental regulations and anti-smoking campaigns.
• Growth in popularity of alternative nicotine products such as e-cigarettes and vaping.
• Potential cultural shifts towards healthier lifestyles and decreased smoking prevalence.
