"Health and Beauty Specialist Retailers in Argentina" now available at Fast Market Research

The government of the City of Buenos Aires and the Ministry of Health of the Nation continued to argue over who had control of chemists/pharmacies and drugstores/parapharmacies in the City of Buenos Aires towards the end of the review period. In October 2014, the Ministry of Health of the Nation issued a new decree whereby chemists/pharmacies and drugstores/parapharmacies located in the City of Buenos Aires must display in the window their opening times and details of outlets with extended opening hours. In 2015, chemists/pharmacies and drugstores/parapharmacies within Buenos Aires did not adopt this policy, and it is expected that the legal battle between the government of the City of Buenos Aires and the Ministry of Health of the Nation will be extended at least until 2016.

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Competitive Landscape

Farmacity led health and beauty specialist retailers with a retail value share of 6% in 2015, reaching sales of ARS9.8 billion. Within drugstores/parapharmacies, Farmacity has outlets under the brands Farmacity and Farmacias del Aguila, the latter in the province of Mendoza. In 2011, Farmacity acquired the outlets of Farmacias del Aguila, but the provincial government indicated that outlets that had already gained authorisation must be operated with the name or business with which they were first authorised, and renaming is only is allowed for up to two pharmaceutical establishments. Besides, Farmacity offers the chains Look and Simplicity in beauty specialist retailers, the first stores of which were opened by the end of 2013.

Industry Prospects

Over the forecast period, health and beauty specialist retailers is expected to grow at a CAGR of 2% at constant 2015 prices. The difficulties in importing goods and the level of unemployment will be serious limitations for health and beauty specialist retailers, at least until the end of 2016. It should be noted that even chemists/pharmacies have filed various complaints with state agencies about the lack of imported drugs.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Health and Beauty Specialist Retailers industry in Argentina 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 Argentina, our research will save you time and money while empowering you to make informed, profitable decisions.

The Health and Beauty Specialist Retailers in Argentina market research report includes:

* Analysis of key supply-side and demand trends
* Detailed market shares for international and locally-based retailers

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