Fast Market Research recommends "Analgesics in Canada" from Euromonitor International, now available



[USPRwire, Fri Apr 03 2015] As a significant slowdown from the previous year, analgesics, including systemic and topical analgesics/anaesthetic, expanded by 1% and 5% respectively, mainly due to the weak growth in systemic analgesics in 2014, to reach C$943 million.

Competitive Landscape

The top three brand owners, namely Wyeth Consumer Health behind major brands including Advil (ibuprofen) and Robaxacet, McNeil Consumer Healthcare (Tylenol, an acetaminophen painkiller, and Benylin) and Bayer (Aspirin and Aleve, a naproxen painkiller), held combined value share of 68%, each with over 15% share. Their flagship brands (Tylenol and Advil) have typically held over half of the share in their respective areas over the years, and have established customer base and brand recognition.

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Industry Prospects

Analgesics is predicted to follow a slower growth trajectory than the previous forecast estimate, with a value CAGR of 1% at constant 2014 prices and reach C$993 million by 2019. In the short-term and mid-term, the impact from prescription pain killers, consumer aversion to the side effects of standard products and topical analgesics will likely drag sales down, despite the favourable demographic changes. However, systemic analgesics will remain an integral part of the Canadian consumers’ medical cabinet for a very long time.

Report Overview

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

The Analgesics in Canada market research report includes:

* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

* What is the market size of Analgesics in Canada?
* What are the major brands in Canada?
* Are combination products with acetaminophen still popular?

Reasons to Get this Report

* 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

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