Consumer health value sales will continue to grow in 2020, despite the negative economic impact of COVID-19 on the economy. Lower purchasing power among middle-income consumers and the rising cost of healthcare in Argentina have fuelled a shift towards self-medication in recent years, thus encouraging preventive healthcare. Following this...
The outbreak of COVID-19 is not expected to increase growth in 2020, with value growth of 2% predicted for the year, compared to value growth of 4% recorded in 2019. Unlike other countries, Sweden did not go into a full lockdown during Q1 and Q2, and this had some impact on the level of stockpiling that took place, which was mainly seen in...
The consumer health market in Singapore recorded a positive performance in 2020, with the outbreak of the COVID-19 pandemic contributing to overall growth. Across the industry, it is clear that some categories outperformed others, namely systemic analgesics, cough, cold remedies and immunity boosting vitamins and dietary supplements, as consumers...
Following the emergence of COVID-19 in Greece and the announcement of lockdown measures in March in a bid to control the spread of the virus, consumers took to stockpiling basic medicines such as acetaminophen, various cough and cold remedies including nasal sprays and pharyngeal preparations to equip themselves against various symptoms, in...
The outbreak of Coronavirus (COVID-19) and the subsequent lockdown have had a strong effect on consumer health in Belgium. Thus, there have been significant switches from category to category, as well as one distribution channel to another due to strong restrictions on retailing. Consumer Health in Belgium report offers a comprehensive...
Consumer health is expected to see lower current value growth in 2020 than was seen the previous year, largely as a result of COVID-19. The hardest hit categories in 2020 are likely to be sports nutrition and weight management. The demand for these products was significantly dampened due to the introduction of lockdown restrictions, which...
The outbreak and development of Coronavirus (COVID-19) from early March 2020 halted the economic improvement in the country. Lockdown and other restrictions on business, education and cultural institutions and the population in general fed into rising unemployment, wage cuts and reduced disposable incomes as the government tried to contain...
Consumer health is expected to record higher retail current value growth in 2020 than in the previous year, returning to the growth rates seen in the middle of the review period. This is due to rising interest in health, brought about by the arrival of the COVID-19 pandemic in the country. The higher growth is despite the challenging economic...
The outbreak of COVID-19 is expected to lead to an increase in growth and sales for consumer health products in 2020, with 4% value growth predicted, compared to 1% recorded in 2019. Much of this growth will be driven by panic buying, with some French consumers stockpiling goods during Q1 and Q2 of 2020 when the lockdown was in place, with...
Consumer health in the UK was positively impacted by the emergence of COVID-19 in Q2 2020 due to notable stockpiling behaviour, a focus on preventive health and consumers adjusting to the new normal. The pandemic and the subsequent lockdown measures introduced by the government in an attempt to halt the spread of the virus resulted in a shift...