PROSPECTS AND OPPORTUNITIES
Rise in smoking prevalence amongst young women could impact demand for smoking cessation aids
With the ongoing trend of falling smoking prevalence in Taiwan, the market for NRT smoking cessation aids is projected to further decline in retail value sales (at constant 2024 prices) throughout the forecast period. Only around 3% of women are current smokers, compared to 22% of men.
Shift towards seeking medical assistance could present challenge for NRT smoking cessation aids in Taiwan
The growing popularity of e-cigarettes and the introduction of new smoking cessation medications may present challenges for traditional NRT products. As smoking rates rise, particularly among women, there is a potential shift towards seeking professional assistance or support groups that offer medical interventions.
Competitive landscape will remain consolidated
Given that demand is in long-term decline, NRT smoking cessation aids is unlikely to witness the entry of new players over the forecast period. Accordingly, GSK Consumer Healthcare and Johnson & Johnson should continue to dominate the competitive landscape.
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Overview:
Understand the latest market trends and future growth opportunities for the NRT Smoking Cessation Aids industry in Taiwan 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 NRT Smoking Cessation Aids industry in Taiwan, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The NRT Smoking Cessation Aids in Taiwan 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 NRT Smoking Cessation Aids in Taiwan?
- Which are the leading brands in NRT Smoking Cessation Aids in Taiwan?
- How are products distributed in NRT Smoking Cessation Aids in Taiwan?
- How has the regulatory and operating environment for NRT Smoking Cessation Aids changed in Taiwan?
- How are considerations such as stress, self-medication and shifting consumer lifestyles shaping demand for NRT Smoking Cessation Aids
- How significant are wider health concerns and consumer awareness in determining sales?
- Where is future growth expected to be most dynamic?
NRT Smoking Cessation Aids in Taiwan - Category analysis
KEY DATA FINDINGS
Shrinking demand aligns with low smoking prevalence in Taiwan
NRT gum and patches remain the most popular solutions
GSK Consumer Healthcare and Johnson& Johnson will continues to dominate the competitive landscape
Rise in smoking prevalence amongst young women could impact demand for smoking cessation aids
Shift towards seeking medical assistance could present challenge for NRT smoking cessation aids in Taiwan
Competitive landscape will remain consolidated
Consumer Health in Taiwan - 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:
NRT Smoking Cessation Aids
- NRT Gum
- NRT Inhalators
- NRT Lozenges
- NRT Patches
- Other NRT
NRT Smoking Cessation Aids
Nicotine-based products such as gum, lozenges, patches, and inhalators used to aid smoking cessation. Exclude electronic cigarettes (e-cigarettes).
See all of our definitionsWhy buy this report?
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- 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 NRT Smoking Cessation Aids research and analysis database.
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