Within the systemic analgesics category, local firm Corporacion Lancasco is expected to continue to increase its market share over the forecast period after seeing the retail value sales of its brands increase impressively over the review period. Increasingly, local manufacturers in Guatemala are leveraging their advantages vis-à-vis the larger multinationals in terms of costs, distribution, and knowledge of the local market.
Among systemic analgesics, aspirin continues to see declining demand among Guatemalan consumers. Most adult consumers still taking aspirin are following specific medical advice regarding a small daily dose to avoid potential heart attacks.
In topical analgesics/anaesthetic, Scentia Perfumeria SA has seen rapid growth in recent years and is already rivalling other major international brands in this category. Bolstered by sales of sprays and lotions that are formulated with natural ingredients, the company is carving out an interesting niche that taps into the ongoing migration of consumers to more natural products.
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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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