Analgesics remained among the most developed category within OTC products ??" it was the second largest product area, accounting for 23% share of overall value sales of OTC in 2015. Analgesics are common medicaments, which are not absent from any Czech medicine cabinet.
Competitive Landscape
Zentiva ks remained as the leader of analgesics, accounting for 30% value share in 2015. The success of the company lies in its wide product portfolio of well-established brands within analgesics in the country. Nevertheless, the high success of Zentiva was due to its adult acetaminophen and adult ibuprofen, where the company was the clear leader with respective value shares of 62% and 49% in 2015 with its brands Paralen and Ibalgin. Both of these brands have a longstanding tradition in the Czech Republic and enjoy strong consumer loyalty and trust. While Ibalgin led analgesics with 19% value share, Paralen ranked third with 10% value share in 2015.
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Industry Prospects
Analgesics is expected to continue its relatively good development, reaching overall value growth of 8% at constant 2015 prices over the forecast period. This better performance (compared to the review period average) will be driven by rising demand for analgesics, which will be supported by a better economic situation in the country and rising interest of Czechs in self-medication over the forecast period. In addition, rising unit prices are also expected to support value growth of analgesics over the forecast period.
Report Overview
Discover the latest market trends and uncover sources of future market growth for the Analgesics industry in Czech Republic 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 Czech Republic, our research will save you time and money while empowering you to make informed, profitable decisions.
The?Analgesics in?Czech Republic 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 Czech Republic?
* What are the major brands in Czech Republic?
* Are combination products with acetaminophen still popular?
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"Analgesics in the Czech Republic" now available at Fast Market Research
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Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001