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Felix Lab
Seongnam-si, South Korea
A
- Employees
2018
Key takeaway
Felix Lab, established in July 2018, has achieved significant growth in the electronic cigarette industry, capturing 56% of the e-liquid import market in South Korea and supplying products to 1,900 stores nationwide. The company's expansion plans and extensive distribution network position it as a key player in the sector.
Reference
Core business
Felix Lab | Feel Relaxing
Next Pangaea Inc.
Seoul, South Korea
A
1-10 Employees
2021
Key takeaway
Next Pangaea is a cosmetic contract manufacturing company that specializes in developing and designing innovative cosmetic products. Their expertise in full-service manufacturing and trendy design could be relevant for brands looking to create unique products in various markets.
Reference
Service
Service | Next Pangaea Inc.
Next Pangaea | Cosmetic OSM/ODM/OEM Maker located in Korea
Make It
Seoul, South Korea
A
11-50 Employees
2018
Key takeaway
The company emphasizes the importance of ensuring products are shipped correctly and meet federal labeling requirements, which is crucial for maintaining a positive business reputation. They offer on-demand production to prevent overstock and promote sustainable practices, which could be relevant for businesses in the manufacturing sector.
Reference
Core business
High-end Fashion Production l Luxury Fashion Manufacturer – make it
Fashion consultancy to help new and existing luxury brands become more successful. Seoul based boutique fashion design and production studio with extensive experience.
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When exploring the Cigarette Manufacturing industry in South Korea, several key considerations emerge. Regulatory frameworks play a significant role, as the government enforces strict laws related to tobacco advertising, packaging, and sales, including graphic health warnings and plain packaging requirements. This impacts market strategies and product presentation. Additionally, the industry faces challenges such as declining smoking rates driven by increasing health awareness and anti-smoking campaigns, which can reduce demand for traditional tobacco products. However, opportunities exist in developing alternative products like heated tobacco and e-cigarettes, which are gaining popularity among consumers seeking less harmful options. The competitive landscape is characterized by a few dominant players, which influences pricing strategies and market dynamics. Global market relevance is notable, as South Korea is seen as a key player in the Asia-Pacific tobacco market, with export potential for local brands. Environmental concerns also warrant attention, particularly regarding tobacco waste and its impact on ecosystems. Companies are increasingly pressured to adopt sustainable practices, including responsible sourcing and waste management. Overall, understanding these factors is essential for anyone looking to engage with or invest in South Korea's cigarette manufacturing sector, as they directly influence operational strategies and long-term viability in the market.
Some interesting numbers and facts about your company results for Cigarette Manufacturing
| Country with most fitting companies | South Korea |
| Amount of fitting manufacturers | 2 |
| Amount of suitable service providers | 2 |
| Average amount of employees | 11-50 |
| Oldest suiting company | 2018 |
| Youngest suiting company | 2021 |
Some interesting questions that has been asked about the results you have just received for Cigarette Manufacturing
What are related technologies to Cigarette Manufacturing?
Based on our calculations related technologies to Cigarette Manufacturing are Biomedical (Red), Bioinformatics (Gold), Environmental Biotechnology (Grey), Agricultural Biotechnology (Green), Food Related Biotechnology (Yellow)
Who are Start-Ups in the field of Cigarette Manufacturing?
Start-Ups who are working in Cigarette Manufacturing are Next Pangaea Inc.
Which industries are mostly working on Cigarette Manufacturing?
The most represented industries which are working in Cigarette Manufacturing are Chemicals, Other, Textile
How does ensun find these Cigarette Manufacturing Companies?
ensun uses an advanced search and ranking system capable of sifting through millions of companies and hundreds of millions of products and services to identify suitable matches. This is achieved by leveraging cutting-edge technologies, including Artificial Intelligence.