Players in analgesics are looking to focus on ramping up their e-commerce presence in the coming years to capitalise on the growing trend of consumers shopping online. As a result, players are expanding their online reach through their own websites along with a greater presence on major e-commerce marketplaces such as Amazon and Flipkart, amongst others.
In the latest presented budget for financial year 2022-2023, the government of India announced a significant increase in funds allocated to sports in the country. Through regular initiatives such as Khelo India Youth Games and Khelo India University Games amongst others, the local government is attempting to encourage younger groups to actively participate in sporting activities.
The level of competition within analgesics in India is set to intensify as a result of new players entering the category along with new product innovations. During the review period, Jenburkt Pharmaceuticals Limited, through its consumer health segment Jenburkt Wellness, launched Zixa Strong, which is positioned around delivering fast-acting and long-lasting relief from muscle and joint pain.
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Understand the latest market trends and future growth opportunities for the Analgesics industry in India 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 India, 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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