Analgesics is a saturated category in Latvia with limited opportunities for further innovation and product development. Although sales of analgesics have been supported by growing consumer purchasing power over the review period, the overall population is set to decline, with this narrowing the pool of existing and potential users of analgesics.
The analgesics category will remain concentrated with ibuprofen and acetaminophen dominating sales of these products in Latvia during the forecast period. These well-known and reliable products for consumers have a proven record of effectiveness including Ibumetin, Nurofen and various paracetamol-based products – from generic to branded versions.
Paediatric analgesics remain the most likely possibility for encouraging consumers to upgrade toward higher added value products. The variations in flavours and formats together with heavy marketing may urge parents to pay extra for the best products for their children.
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Analgesics industry in Latvia 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 Latvia, 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.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!