"Dermatologicals in Nigeria" now available at Fast Market Research

Dermatologicals increased sales by 7% in current value terms in 2015. The wider availability of products, particularly in the fast growing modern retail channels, boosted visibility and awareness. The increasing middle-income population is also demanding more sophisticated products. Some products are generally considered essential and record increased sales as the Nigerian population grows faster. For example, antifungals - both topical and vaginal ??" witnessed strong sales due to the heat and humidity increasing fungal infection rates.

Competitive Landscape

Neimeth International Pharmaceuticals led dermatologicals with 25% value share in 2015. The company's NCP Antiseptic brand (formerly TCP) is quite popular among consumers. Its Tiocosid brand also enjoys wide acceptance. With a robust and effective marketing strategy, the company's products are available across the nation, thereby increasing its penetration and value share.

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Industry Prospects

It is anticipated that dermatologicals will post a 1% value CAGR at constant 2015 prices over the forecast period. An increase in the urban population, as well as more visible marketing by companies should result in a better performance than the one posted over the review period at constant 2015 prices.

Report Overview

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

The?Medicated Skin Care in?Nigeria 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 Medicated Skin Care in Nigeria?
* What are the major brands in Nigeria?
* What are the most popular formats for acne treatments?

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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