"Analgesics in Lithuania" now available at Fast Market Research

From: Fast Market Research, Inc.
Published: Wed Apr 01 2015

In 2014, analgesics continued to see strong growth as an increasing number of people used them to relieve minor aches and pains on a more frequent basis. While all categories profited from increased demand, well-established brands benefited the most. Consumers showed increasing loyalty to long-established and heavily promoted brands, which helped the main players to gain share.

Competitive Landscape

With a 21% retail value share, Nycomed SEFA AS continued to lead analgesics in Lithuania in 2014. The company offers Ibumetin, which enjoys strong brand awareness and has a strong value proposition in Lithuanian consumers’ minds. The company invests heavily in promotional activities, which has helped to create a loyal consumer base, while a wide variety of formats and strengths also enable it to attract different types of consumers.

Full Report Details at
- http://www.fastmr.com/prod/972491_analgesics_in_lithuania.aspx?afid=302

Industry Prospects

Over the forecast period analgesics is expected to record healthy growth, fuelled by an improving economy and decreasing price-sensitivity. The ageing population and increasing pace of life in Lithuania are set to contribute to the development of the category. Thanks to ongoing promotions, consumers will likely show greater loyalty to particular brands, thus preventing the stronger growth of generics.

Report Overview

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

The Analgesics in Lithuania 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 Lithuania?
* What are the major brands in Lithuania?
* 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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