The consumer health market continued to grow in France in current value terms in 2019, with growth at a very similar level to the previous two years. However, many players were concerned by two main negative factors.
Consumer health is continuing to see a decline in self-medication. There has been a slight slowdown in the local economy, with disruption caused by the ongoing “yellow vest” protests and the impact of reverse switches and negative articles about certain medication.
In what is a fragmented market, there were a number of local players among the leading companies in France, including Sanofi, Laboratoires Pierre Fabre and Laboratoires URGO. They were joined by international companies like Merck Médication Familiale, Johnson & Johnson Santé Beauté France, Bayer Sante Familiale and GSK Consumer Healthcare.
Chemists/pharmacies remains a competitive and efficient distribution channel that is proven throughout Europe. Many consumers place strong trust in the advice offered in pharmacies.
Current value sales in consumer health are expected to continue growing over the forecast period, although performances from category to category will vary. There are likely to be certain areas of uncertainty over the forecast period, for example new regulations on drugs, including delisting, may be seen.
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This industry report originates from Passport, our Consumer Health market research database.