Gijs de Best - Tobacco Reporter https://tobaccoreporter.com Tue, 24 Jun 2025 15:30:12 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.2 PMFTC Eyes Double-Digit Growth for IQOS in the Philippines https://tobaccoreporter.com/2025/06/24/pmftc-eyes-double-digit-growth-for-iqos-in-the-philippines/?utm_source=rss&utm_medium=rss&utm_campaign=pmftc-eyes-double-digit-growth-for-iqos-in-the-philippines Tue, 24 Jun 2025 15:30:07 +0000 https://tobaccoreporter.com/?p=164380 PMI began building a $150 million manufacturing plant in Tanauan, Batangas last year to produce IQOS and other smoke-free products locally.

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PMFTC Inc., the Philippine affiliate of Philip Morris International (PMI), is targeting double-digit growth this year for its smoke-free product, IQOS, as it pushes to expand its market in the country.

In an interview, PMFTC President Gijs de Best said the Philippines now has around 150,000 IQOS users since the product’s launch in 2020. “People don’t understand what the problem is related to smoking because in the Philippines, 60% of people believe that nicotine is the most harmful ingredient, which it is not,” he said. “It’s the burning that is causing the issue. Simply, when you use a cigarette, once it is lit, harmful chemicals are released. What our technology is all about is heating, not burning.”

Because it was launched in the market during the COVID-19 pandemic, IQOS gained traction mainly through word of mouth. Now, PMFTC aims to accelerate growth by increasing education around the benefits of heated tobacco. To support its expansion, PMI inaugurated a ₱8.8-billion ($150 million) manufacturing plant in Tanauan, Batangas last year to produce IQOS and other smoke-free products locally. The Philippines is one of 96 global markets for IQOS, with Indonesia currently being the largest in the region.

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