Consumer health is expected to see slower current value growth in 2020 than was seen the previous year. One of the factors dictating growth in this year is expected to be COVID-19. As news about the virus emerged in the country, consumers began panic-buying at the start of quarter two of 2020, stockpiling certain consumer health products,...
The main developments in consumer health in Costa Rica in 2020 as a result of COVID-19 are related to the sudden spike in the sales of vitamins and dietary supplements, particularly those associated to immunity responses. For example, echinacea has gained significant awareness amongst local consumers in 2020. COVID-19 resulted in shortages...
The Czech consumer health market is expected to witness a slightly improved year-on-year performance in 2020 as the COVID-19 pandemic has boosted demand across a number of categories. In the face of the pandemic, consumers have sought products that are thought to enhance the working of the immune system, positively impacting sales in a number...
Overall, demand for consumer health products in the Philippines increased in Q1 2020, decreased in Q2, then started to revive in Q3 and Q4 as lockdown restrictions eased, and people were able to return to work. As the pandemic took hold Filipinos stockpiled many products, resulting in shortages. This required a shift to cheaper products, which...
Consumer health is expected to see a moderately higher current value growth rate in 2020 than was seen the previous years. One of the main factors dictating growth in 2020 is expected to be COVID-19. As news about the virus circulated in the country, consumers began stockpiling certain categories in the first quarter of the year. For example,...
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...
The emergence of the pandemic in Colombia and subsequent lockdown by the government in an attempt to control the spread of the virus resulted in rising unemployment and decreasing disposable incomes, and led to many local consumers prioritising their spending on essential purchases, including groceries and medicines. Consumer health therefore,...
COVID-19 had a significant impact on consumer health in Austria in 2020 with it resulting in consumers reassessing their priorities and focusing on their immediate concerns. As concerns rose about the threat posed by COVID-19 many households started stocking up on products that were perceived to treat the symptoms of the virus, such as analgesics...
The COVID-19 pandemic is having a marked impact on the Indian consumer health market, though it is exerting a contrasting influence across categories. Some OTC categories, such as systemic analgesics, have benefited from consumer demand for products providing instant relief during a time of uncertainty and anxiety. Consumer Health...
The global blister packaging market reached a value of US$ 21.3 Billion in 2020. Blister packaging refers to a pre-formed plastic packaging which comprises of a cavity that is made using a thermoformed plastic and a paper or aluminum foil back. This type of packaging displays a large part of the content to consumers while protecting it from...