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...
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 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...
This study focuses on China’s OTC Drugs industry forecasts. In the two past decades, the industry has been growing at a fast pace. The dramatic expansions of the manufacturing capabilities and rising consumer consumptions in China have transformed China’s society and economy. China is one of the world’s major producers...
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...
Consumer health is expected to see higher current value growth in 2020 than was seen the previous year. One of the factors driving growth in this year is COVID-19. As news about the virus emerged and the country went into lockdown, consumers began panic-buying in March, stockpiling certain consumer health products, such as analgesics, cough,...
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...
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...
One major impact on consumer health in Tunisia, in light of COVID-19, is the negative affect on consumer spending power, with economists believing that purchasing power declined 30% in Q2 2020. Therefore, Tunisians are expected to become increasingly price-sensitive due to economic conditions in the country and the impacts from COVID-19. However,...
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...