The analgesics category has seen consistent double-digit rates of growth in the review period, but such high rates will not be sustainable in the coming years. Nevertheless, value sales will grow at a moderate pace as the negative impact of the COVID-19 pandemic subsides and demand for analgesics grows organically.
Manufacturers will have to be mindful of the economic climate in the coming years as currency devaluation and high inflation limit consumer expenditure. Many Egyptians have low income levels and will remain price sensitive as inflation cuts into disposable income.
The general rise in consumer health-consciousness since COVID-19 will continue to drive demand for analgesics with immune-system benefits. The pandemic has placed a spotlight on immunity and consumers are now keen to take medications that can support their immune system, even in small ways.
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Understand the latest market trends and future growth opportunities for the Analgesics industry in Egypt with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Analgesics industry in Egypt, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
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 Definitions
This report originates from Passport, our Analgesics research and analysis database.
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