PROSPECTS AND OPPORTUNITIES
Solid growth outlook for most categories
Analgesics is poised to perform reasonably well over the forecast period, with stable growth in constant value sales predicted and most categories expected to expand consistently in volume terms. The widespread use of systemic products to alleviate pain and fever caused by seasonal respiratory and gastrointestinal viruses will help to ensure overall demand remains fairly stable.
Analgesics will continue to be a major beneficiary of the self-medication trend
In the context of the broader consumer health market, analgesics will remain one of the chief beneficiaries of the growing willingness of Hungarians to self-medicate over the forecast period. This is partly because mild-to-moderate pain and fever are among the minor ailments people are most likely to experience and seek immediate relief from.
Adult naproxen to witness further decline
Adult naproxen is predicted to see further sales decline over the forecast period. These products are not commonly used by consumers and are only taken for specific musculoskeletal disorders.
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Overview:
Understand the latest market trends and future growth opportunities for the Analgesics industry in Hungary with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Analgesics industry in Hungary, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Analgesics in Hungary report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Analgesics in Hungary?
- Which are the leading brands in Analgesics in Hungary?
- How are products distributed in Analgesics in Hungary?
- How has the regulatory and operating environment for Analgesics changed in Hungary?
- How are considerations such as stress, self-medication and shifting consumer lifestyles shaping demand for Analgesics
- How significant are wider health concerns and consumer awareness in determining sales?
- Where is future growth expected to be most dynamic?
Analgesics in Hungary - Category analysis
KEY DATA FINDINGS
Renewed consumer demand in analgesics
Adult ibuprofen outperforms other categories
Paediatric analgesics enjoys a rebound in volume sales
Solid growth outlook for most categories
Analgesics will continue to be a major beneficiary of the self-medication trend
Adult naproxen to witness further decline
Consumer Health in Hungary - Industry Overview
Consumer health in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for consumer health?
OTC registration and classification
Vitamins and dietary supplements registration and classification
Self-medication/self-care and preventive medicine
Switches
DISCLAIMER
DEFINITIONS
The following categories and subcategories are included:
Analgesics
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- Adult Acetaminophen
- Adult Aspirin
- Adult Combination Products - Analgesics
- Adult Diclofenac
- Adult Dipyrone
- Adult Ibuprofen
- Adult Ketoprofen
- Adult Naproxen
- Adult OTC Triptans
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- Paediatric Acetaminophen
- Paediatric Aspirin
- Paediatric Combination Products - Analgesics
- Paediatric Dipyrone
- Paediatric Ibuprofen
- Paediatric Naproxen
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- Acetaminophen
- Aspirin
- Combination Products - Analgesics
- Diclofenac
- Dipyrone
- Ibuprofen
- Ketoprofen
- Naproxen
- OTC Triptans
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- Topical Analgesics/Anaesthetic
Analgesics
Analgesics cover systemic and topical pain relievers. Products which include a pain-relief ingredient in addition to another core function are excluded (e.g. a sore throat remedy which includes paracetamol is excluded from the analgesics and instead is included in pharyngeal remedies).
See all of our definitionsWhy buy 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
This report originates from Passport, our Analgesics research and analysis database.
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