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,...
China’s demand for OTC Drugs has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer consumption...
Consumer health in Latvia is expected to show healthy growth in response to the COVID-19 pandemic in 2020. COVID-19 made immune system functionality a central concern for consumers and is set to revitalise some previously sluggish product areas. Single vitamins are expected to be one of the prime beneficiaries, as the media emphasised their...
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...
2020 accelerated the long overdue shift of the industry to e-commerce. It also saw direct sellers embrace digital selling and store-based retailers experiment with different strategies to keep consumers coming back for more. As global consumers put the first year of the pandemic behind them, there are some permanent shifts in consumer behaviour...
Despite the closure of gyms and sports centres in Colombia in 2020 as part of the country’s lockdown measures in an attempt to control the spread of the virus, demand for sports nutrition continued. Some categories even experienced a notable upturn in demand, as those Colombians dedicated to keeping fit found other ways to continue with some...
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...
Overall, COVID-19 is not expected to have a major impact on consumer health in Nigeria and it expected that current value growth in 2020, will be similar to 2019 and will continue to register double-digit growth, as it has over the review period. However, drilling down within the product area, there are certain products that will benefit from...
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...