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Pricing Benchmark Analysis 13.1 Philip Morris Products S.A

When e-cigarette use is largely unregulated, some people use e-cigarettes in places and/or circumstances where smoking is prohibited, thereby circumventing smoking regulations 4,26

With Chinese outbound travel volumes estimated at approximately 87 million in 2024 and expected to reach 120-130 million by 2026, and with Chinese travelers historically averaging 3-4 cartons per duty free tobacco purchase, the incremental revenue potential from this single market segment is substantial

In most cases, green tongue will go away quickly with proper treatment

Vivilaki VG, Diamanti A, Tzeli M, et al