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Learn moreDec 2016
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In 2016, access to foreign exchange was the most important factor that impacted the channel, since currencies are required to import the commodities which allow the manufacture of medicines and beauty products which are not produced in Venezuela.
Farmatodo CA continues leading sales in 2016 thanks to 161 successful drugstores/parapharmacies. Its share of overall sites/outlets increased slightly, adding 14 new outlets in 2016.
The regulatory context will be the most important factor driving health and beauty specialist retailers in the forecast period. In the short and medium term, it will depend on high inflation rates, shortages and a lack of imports, and in the long term it will depend on new economic policies applied by the government. High inflation and product shortages will limit value growth. Retailers will continue facing constraints to apply effective differentiation strategies and implement specific services in the context of the regulatory environment.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Health and Beauty Specialist Retailers industry in Venezuela with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Health and Beauty Specialist Retailers industry in Venezuela, our research will save you time and money while empowering you to make informed, profitable decisions.
The Health and Beauty Specialist Retailers in Venezuela market research report includes:
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This industry report originates from Passport, our Retailing market research database.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.