Consumer Health: Quarterly Statement Q2 2021

June 2021

Expectations for the global consumer health industry have improved slightly for Q2 2021. Improved macroeconomic forecasts due to widening vaccination rates in markets such as the US will benefit consumer health, especially as consumers emerge from the home seclusion and social distancing prevalent in 2020. The second wave of COVID-19 cases in India, however, reinforces the continued disruption in some markets, where industry sales will likely be suppressed throughout the year.

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Introduction

Scope
Key Findings

Q2 2021 Consumer Health Update

Q2 global forecast a slight improvement on Q1
Emerging economies seeing slight downward revisions in Q1 review
Second wave of COVID-19 in India lowers near-term expectations
COVID-19 outbreak in India creates uncertainty in near-term forecasting
Q1 financial results reinforce the hole constraining near-term growth
2021 acquisitions point to near-term opportunities for growth
Greater industry consensus on near-term growth than a year prior
Predicting consumer behaviours and the impact on consumer health
Factors to watch in 2021

Q2 2021 Macroeconomic Update

Global baseline outlook: Faster recovery expected
Uncertainty continues to decline but remains significant
Real GDP annual growth forecasts and revisions from last quarter, AE
Real GDP annual growth forecasts and revisions from last quarter, EMDE

About Our Industry Forecast Model

About Consumer Health quarterly forecast updates

About our Industry Forecast Model

Euromonitor International and COVID-19: Forecasts and analysis
Data and reporting timeline for Consumer Health
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