iQOS United States
Heat-not-burn e-cigarette refers to a device that evaporates the tobacco flavor and nicotine in special tobacco by baking at a low temperature (200-350°C) for human smoking. Since this heating method has no combustion process, it will not produce tar, carbon monoxide and other traditional cigarette hazards, which greatly reduces the harm to people. IQOS is the world's first heat-not-burn e-cigarette brand, which was launched in 2014 by the world's largest tobacco company, Philip Morris International (Marlboro's parent company), and caused great market response. According to IQOS research, IQOS hazards are reduced by 90% compared to traditional cigarettes. IQOS products were first piloted in Italy and Japan, and have been a huge success with their excellent product experience and first-mover advantage, with an astonishing 70% customer conversion rate. In 2017, IQOS had total sales of $3.6 billion, accounting for about 72% of the global share of heat-not-burn tobacco products. The success of IQOS is inseparable from Philip Morris International's expertise in the research and development of new tobacco products. In the context of the decline in sales of traditional tobacco due to policy control in various countries...