Retail constant value sales of analgesics will decline during the forecast period as a whole. The threat posed by the pandemic will likely continue to decline, but some of the habits it has engendered, such as more frequent handwashing and the wearing of face masks in public spaces (both indoor and outdoor) and set to persist, particularly among older consumers.
In January 2022, a new reference price law system was passed, reducing the prices of some reimbursed paracetamol and ibuprofen generics. Although at the time this did not result in an immediate decline in the pricing of OTC offerings, it is expected that OTC generics will align their pricing with that of reimbursed analgesics in an effort to maintain their volume sales.
The is a growing interest among local consumers in non-chemical-based products, and this is likely to result in the launch of new systemic analgesic that are based on herbal ingredients. This is in line with a growing interest in naturalness among Spaniards.
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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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