Philip Morris Sees Potential for Global Smoke-Free Expansion -- Market Talk

Dow Jones02-19

1122 ET - Philip Morris International sees substantial potential to expand its smoke-free nicotine products globally, especially through pursuing a multicategory strategy, Chief Executive Jacek Olczak says at the 2026 Consumer Analyst Group of New York conference. He says that while combustible tobacco products still represent 81% of the global nicotine market, smoke-free product sales are growing by double-digits. The company has additionally seen 15% growth in markets where it has more than one smoke-free product available, compared with 10% growth in markets with only one product, he says. Olczak adds that in 2025, Philip Morris had a 65% combined market share of smoke-free markets, compared to a 24% share of the cigarette market. (elias.schisgall@wsj.com)

(END) Dow Jones Newswires

February 18, 2026 11:22 ET (16:22 GMT)

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The company has additionally seen 15% growth in markets where it has more than one smoke-free product available, compared with 10% growth in markets with only one product, he says. Olczak adds that in 2025, Philip Morris had a 65% combined market share of smoke-free markets, compared to a 24% share of the cigarette market. 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He says that while combustible tobacco products still represent 81% of the global nicotine market, smoke-free product sales are growing by double-digits. The company has additionally seen 15% growth in markets where it has more than one smoke-free product available, compared with 10% growth in markets with only one product, he says. Olczak adds that in 2025, Philip Morris had a 65% combined market share of smoke-free markets, compared to a 24% share of the cigarette market. (elias.schisgall@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 18, 2026 11:22 ET (16:22 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1914381329.SGD","symbol_name":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2612447335","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2612447335","pubTimestamp":1771431720,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1122 ET - Philip Morris International sees substantial potential to expand its smoke-free nicotine products globally, especially through pursuing a multicategory strategy, Chief Executive Jacek Olczak says at the 2026 Consumer Analyst Group of New York conference. 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He says that while combustible tobacco products still represent 81% of the global nicotine market, smoke-free product sales are growing by double-digits. The company has additionally seen 15% growth in markets where it has more than one smoke-free product available, compared with 10% growth in markets with only one product, he says. Olczak adds that in 2025, Philip Morris had a 65% combined market share of smoke-free markets, compared to a 24% share of the cigarette market. 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