Consumer health in Croatia will show a great deal of resilience in 2020, with many strong forces pulling the category in opposing directions. Many products saw sharp demand spikes around March, when national lockdowns were first announced and consumers rushed to stockpile reserves in case supply chains collapsed completely. However, since...
Consumer health is expected to see slightly higher current value growth in 2020 than was seen in 2019, with COVID-19 expected to be one of the main factors dictating growth in Uruguay. While the COVID-19 outbreak in Uruguay had little impact in terms of infections and deaths due to the country’s good healthcare system, locals’ concern about...
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...
With Kenyans mired in the COVID-19 pandemic, it is perhaps not surprising that value sales of consumer health products are set to rise in 2020 at a rate higher than those recorded during the review period. Broadly, a pandemic-inspired heightened focus on maintaining/improving health is driving greater interest in over the counter (OTC) health...
Consumer health is expected to see much higher 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 beginning of March, stockpiling certain consumer health products, such...
The first cases of COVID-19 in Belarus were recorded on 27 February 2020 and, in June 2020, Belarus continued to record nearly 800 cases of COVID-19 daily. Stockpiling occurred in mid-March 2020, with COVID-19 driving demand for analgesics, cough, cold and allergy (hay fever) remedies, vitamins and dietary supplements. No quarantine took place...
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 the increased demand for products as a result of COVID-19. Paediatric consumer health is expected to register the highest value growth, followed by vitamins and analgesics and cough, cold remedies. However, the value growth is not expected across all product areas. In fact, the largest...
COVID-19 has had a devastating impact on the consumer health market in Hong Kong. Key to this has been border closures. Hong Kong’s consumer health market relies heavily on mainland Chinese tourist inflows, which generate around 20-30% of total sales. These consumers cross the border to purchase health products in Hong Kong because Hong Kong...
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...