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Top 10 World’s Largest Cigarette Company

#2 Philip Morris International (PMI)

Philip Morris

The second-largest cigarette producer is a company located in Lausanne, Switzerland. 

This is a company named Philip Morris International (PMI). As the name suggests, Philip Morris is a pioneer of the tobacco and cigarette business from zero since 1847 in London, England.

Then, Philip Morris's business was developed by his son, Leopold Morris. In his hands, his father's company became a company by the name of Philip Morris & Company and Grunebaum Ltd. in 1881. 

Unfortunately, 4 years after this father and son collaboration did not continue and the name of the cigarette company changed to Philip Morris & Co. Ltd.

Afterward, in 1894, William Curtis Thompson and his family took over the management of this company. Began in 1872, he sold cigarettes to the United States market and located his office in New York in 1902.

The cigarettes produced by PMI have been exported to more than 180 countries. It started with the launch of the Marlboro brand in 1908. This launch was very successful and exploded since 1972. It accounted for 34% of all the company's cigarette sales. 

Not only Marlboro, but other brands are also well-known such as L&M, Chesterfield, Philip Morris, Parliament, and Bond Street. However, with all its popularity, PMI is still below the CNTC because it only controls 14.1% of the market.

In 2008, PMI only sold its products outside the United States. This is because PMI separated from its parent company, Altria

Not only selling cigarettes, PMI also expanded its wings by also selling tobacco heaters called IQOS. This tool attracts consumers from Japan and South Korea.

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