Retailers of consumer health products are currently awaiting the decision from the Australian Competition and Consumer Commission (ACCC) as to whether it will approve the proposed merger of Chemist Warehouse and Sigma Healthcare. This would impact sales of analgesics in Australia, and indeed much of the future of the consumer health retail ecosystem.
Australia is recognised as having an ageing population – and this is expected to continue over the forecast period – with many older Australians regularly using analgesics to help deal with chronic pain, such as that caused by osteoarthritis. For patients with osteoarthritis, analgesics, especially those that target chronic pain conditions such as Panadol Osteo, will be popular.
Pharmacies are being encouraged to discuss consumers’ wider needs when it comes to transaction size and spend, given the likelihood of customers purchasing products in related categories when seeking prescription medicine. Pain relief, for instance, is the purchase most frequently combined with antibiotics, followed by cough, cold and other medications, and digestive remedies.
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Understand the latest market trends and future growth opportunities for the Analgesics industry in Australia 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 Australia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
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 DefinitionsThis report originates from Passport, our Analgesics research and analysis database.
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