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...
COVID-19 will have a significant effect on current value sales growth in consumer health during 2020, but the impact will not be uniformly negative. Wound care will be particularly badly affected, as people are spending less time on the move and out of doors due to restrictions introduced to curb the spread of the virus. As a result, they...
Consumer health is expected to see slower current value growth in 2020 than was seen in 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 as...
Consumer health is expected to see moderate current value growth in 2020, partially benefitting from the COVID-19 health crisis. The virus created changes in purchasing habits for many consumers who feared falling ill. This led to stockpiling analgesics at the start of the outbreak and generally increased demand of immunity boosting products...
Overall consumer health is expected to see a slightly slower current value growth rate in 2020 than seen in any other year of the review period. Although this is due to the COVID-19 outbreak in the country, categories are being impacted in very different ways. Consumer behaviour and spending on consumer health products have changed significantly...
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 in Ireland was positively impacted by the COVID-19 pandemic due to Irish consumers taking on a preventative health approach focusing on having sufficient medical supplies should they need to treat symptoms of illness while social distancing measures remain in place. In particular, consumers stocked up on key categories such...
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 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...
COVID-19 will boost demand for consumer health products in 2020, with slightly higher current value growth expected as a result. As news about the virus emerged in the Peru, with the first case hitting the country in March 2020, consumers began panic-buying, causing sales of a range of products related to the virus to increase. Consumer...