One in Three Cigarettes in the Region of The Americas in 2025 Is Illicit, New Study Finds

STAMFORD, CT--(BUSINESS WIRE)--Philip Morris International (NYSE: PM) today emphasizes the importance of effective policymaking in responding to the growing illicit tobacco trade in the Region of the Americas (excluding the United States), where almost one out of every three cigarettes consumed across 11 countries in the region comes from illegal sources. The results of the study, conducted by KPMG LLP on behalf of Philip Morris Products S.A., reflect that illicit trade is a defining feature of.