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Analgesics in Nigeria

Publisher Euromonitor International
Published Oct 08, 2024
Length 27 Pages
SKU # EP19248517

Description

Analgesics in Nigeria


Analgesics is set to witness a significant increase in unit prices in Nigeria in 2024, continuing the trend of the previous year. This escalation is attributable to a combination of factors, including high inflation, the devaluation of the local currency (the naira), and increasing import costs due to the country’s reliance on foreign pharmaceutical inputs. At the same time, local manufacturers are struggling with the high cost of raw materials and energy, while supply chain disruptions and impo...

Euromonitor International's Analgesics in Nigeria report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2019-2023, allowing you to identify the sectors driving growth. Forecasts to 2028 illustrate how the market is set to change.

Product coverage: Systemic Analgesics, Topical Analgesics/Anaesthetic.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Analgesics market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

27 Pages
Analgesics in Nigeria
Euromonitor International
October 2024
List Of Contents And Tables
ANALGESICS IN NIGERIA
KEY DATA FINDINGS
2024 DEVELOPMENTS
Inflationary pressures have negative impact on performance
Adult acetaminophen leads growth
New product development remains muted in 2024
PROSPECTS AND OPPORTUNITIES
Expected economic recovery will drive stronger demand
Adult acetaminophen will be key driver of growth
High unit prices will remain a strong feature of the market
CATEGORY DATA
Table 1 Sales of Analgesics by Category: Value 2019-2024
Table 2 Sales of Analgesics by Category: % Value Growth 2019-2024
Table 3 NBO Company Shares of Analgesics: % Value 2020-2024
Table 4 LBN Brand Shares of Analgesics: % Value 2021-2024
Table 5 Forecast Sales of Analgesics by Category: Value 2024-2029
Table 6 Forecast Sales of Analgesics by Category: % Value Growth 2024-2029
CONSUMER HEALTH IN NIGERIA
EXECUTIVE SUMMARY
Consumer health in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for consumer health?
MARKET INDICATORS
Table 7 Consumer Expenditure on Health Goods and Medical Services: Value 2019-2024
Table 8 Life Expectancy at Birth 2019-2024
MARKET DATA
Table 9 Sales of Consumer Health by Category: Value 2019-2024
Table 10 Sales of Consumer Health by Category: % Value Growth 2019-2024
Table 11 NBO Company Shares of Consumer Health: % Value 2020-2024
Table 12 LBN Brand Shares of Consumer Health: % Value 2021-2024
Table 13 Penetration of Private Label in Consumer Health by Category: % Value 2019-2024
Table 14 Distribution of Consumer Health by Format: % Value 2019-2024
Table 15 Distribution of Consumer Health by Format and Category: % Value 2024
Table 16 Forecast Sales of Consumer Health by Category: Value 2024-2029
Table 17 Forecast Sales of Consumer Health by Category: % Value Growth 2024-2029
APPENDIX
OTC registration and classification
Vitamins and dietary supplements registration and classification
Self-medication/self-care and preventive medicine
Switches
DISCLAIMER
DEFINITIONS
SOURCES
Summary 1 Research Sources

Pricing

Currency Rates
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