The analgesics category is expected to return to value growth in 2023 before seeing a low but solid rise in value growth over the remainder of the forecast period. It is increasingly common for consumers to resort to analgesics in cases of colds, muscle discomfort or headaches.
Historically, systemic analgesics in Bolivia have been bought by consumers in a reactive way to alleviate immediate symptoms, and is often an emergency purchase, frequently bought in single units or reduced quantities. The impulse nature of these purchases means that they are often made at local independent neighbourhood grocery stores or in popular street markets.
In recent years there has been a growing emphasis on systemic analgesics that promote rapid response to pain, with brands such as Bayer's Actron promoting its soft capsules on television and radio. Analgesics in soft capsule format are designed to give faster relief compared to hard pills.
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Understand the latest market trends and future growth opportunities for the Analgesics industry in Bolivia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Analgesics
Analgesics cover systemic and topical pain relievers. Products which include a pain-relief ingredient in addition to another core function are excluded (e.g. a sore throat remedy which includes paracetamol is excluded from the analgesics and instead is included in pharyngeal remedies).
See All of Our DefinitionsThis report originates from Passport, our Analgesics research and analysis database.
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