Market Research Logo

Drug Stores

10 Pages First Research, Inc. July 06, 2015 SKU: FRRS5615346

Drug Stores

Brief Excerpt from Industry Overview Chapter:

Companies in this industry sell prescription drugs, over-the-counter medications, health and beauty products, and general merchandise from physical retail locations. Major companies include Walgreens, CVS Health, and Rite Aid (all based in the US), along with Rexall (part of Canada's Katz Group) and Shoppers Drug Mart (also from Canada), China Nepstar (China), AS Watson (Hong Kong), Matsumoto Kiyoshi (Japan), Phoenix and Celesio (Germany), and Alliance Boots (Switzerland).

Global pharmacy sales are expected to reach $1.2 trillion by 2018, according to Lucintel. Growth drivers include the aging of the population and increased health awareness.

The US drug stores industry includes about 45,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $235 billion.


Demand is driven by the aging of the US population and advances in medical treatment. The profitability of individual companies depends on access to medical insurance groups. Large companies have economies of scale in purchasing and in access to large groups of customers. Small companies can compete effectively through convenient location or special merchandising. The US industry is concentrated: the 50 largest companies generate about 70 percent of revenue.

Chain stores account for about 50 percent of the US retail prescription market, according to IMS Health. Mail services account for about 25 percent, independent drug stores for 15 percent, and pharmacies at supermarkets for 10 percent.

Drug stores that also sell general merchandise compete with grocery stores, discount department stores, and other...

Show Full Description

Show Table of Contents

Drug Stores

First Research, Inc.
July 06, 2015

Search inside this report

Pricing & Delivery

Online Download

Didn't find what you are looking for?

Let us find it for you. One of our knowledgeable research assistants will work with you to find exactly the right research to answer your questions:

US: 800.298.5699 International: +1.240.747.3093 Or leave us a message and we'll call you back!

Receive bi-weekly email alerts for new market research.

CTA Image

Download our free eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download CTA

Share this report