The COVID-19 outbreak and the sharp decline in oil prices have severely affected Nigeria's economy. An unstable economy, government policies, and insecurity are expected to stifle growth across many product areas during the forecast period.
Acetaminophen and topical analgesics/anaesthetic are expected to have the highest value sales amongst analgesics categories during the forecast period. Acetaminophen is a popular painkiller in Nigeria, with a reputation for being remarkably safe and with few side effects.
The main analgesics distributors are focusing on standing out from competitors via a strong commitment to media advertising campaigns, particularly on radio and television. Also, as a result of the COVID-19 crisis, during which people’s movements were restricted, a lot of advertising moved online and there has been increased interaction on social media.
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Understand the latest market trends and future growth opportunities for the Analgesics industry in Nigeria 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 Nigeria, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
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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