While overall demand for wound care is set to remain stable, Spanish economic indicators are not expected to be positive over the early part of the forecast period. While wound care remains an essential need for those wanting to treat mild cuts and abrasions for instance, some consumers are willing to shift to cheaper ranges, such as private label, in an attempt to save money, ensuring that value growth (at constant 2023 prices) is unlikely to be particularly dynamic.
While Spain’s economic situation is set to be challenging over the forecast period, many local consumers are no longer willing to relinquish leisure activities. However, expensive gym memberships could make way for other more accessible forms of physical activity, including hiking, running or participating in outdoor team sports, therefore increasing the chance of consumers injuring themselves and requiring quick and effective wound care.
Although some players are likely to continue focusing on launching children’s products, wound care in Spain still lacks segmentation for older consumers, despite the fact that while the country’s birth rate is falling, the population is rapidly ageing. Life expectancy in Spain is among the highest in the world, a fact that is likely to boost demand for wound care, as older consumers are both more likely to fall than younger adults and more likely to need wound care if and when they fall as wounds can generally take longer to heal.
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Understand the latest market trends and future growth opportunities for the Wound Treatments industry in Spain 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 Wound Treatments industry in Spain, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Wound Treatments
This is the aggregation of sticking plasters/adhesive bandages, first aid kits, and gauze, tape, and other wound care. Exclude products that prevent foot blisters and anti-scarring only variants.
See All of Our DefinitionsThis report originates from Passport, our Wound Treatments research and analysis database.
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