The Malaysian Government implemented the Movement Control Order (MCO) from 18 March to 4 May in an effort to contain the spread of the COVID-19 pandemic in the country. There followed the Conditional Movement Control Order (CMCO) – between 4 May and 10 June, and the Recovery Movement Control Order (RMCO) – between 10 June and 31 August. All...
The measures taken to control COVID-19 have had a significant impact on consumer health in Portugal, with consumers pushed to take a more proactive approach to their health. The impact started to be felt in March with consumer fears and concerns being heightened by reports of widespread cases of COVID-19 in neighbouring Spain. Consumer...
The outbreak of COVID-19 is expected to lead to an increase in growth for 2020, with 4% value growth predicted, compared to 3% in 2019. Much of this higher growth will be due to panic buying and stockpiling of goods, with consumers in Q1 and Q2 of 2020, keen to ensure they had goods they deemed as essentials in the home. Consumer Health...
2020 has proven to be a fairly turbulent year for consumer health in Germany following the emergence of the pandemic. After the ‘’hamster’’ (stockpiling purchases) period in March due to various lockdown restrictions by the government in an effort to curb the spread of the virus, it was followed by a slump, with the market subsequently entering...
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...
COVID-19’s arrival in Finland has been affecting consumer health categories differently. Many saw sales soar during lockdown as Finns stockpiled, with acetaminophen demand enhanced by media reports that the product helps tackle symptoms of COVID-19. Similarly, many more smokers have purchased smoking cessation aids in response to news articles...
The impact of the 19 pandemic on sales of consumer health products in Saudi Arabia was not as pronounced as in many other countries for the simple reason that many OTC products in Saudi Arabia are covered by health insurance policies. This means that many people rarely, if ever purchase their OTC products at full price via normal retail channels. Consumer...
Overall, consumer health is expected to perform well, due to increased demand as a result of COVID-19, with most areas product areas expected to register double-digit current value growth. Though 2020 current value growth is not expected to be as high as in 2019, a lot of the growth over the review period was driven by inflation rather than...
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...
The outbreak of COVID-19 in South Korea is not predicted to increase growth in 2020, with value growth of 3% expected for the year, compared to value growth of 5% recorded in 2019. As South Korea did not have an enforced lockdown, sales were not impacted by high levels of stockpiling that was seen in other countries Consumer Health...