The market for analgesics in the Philippines is projected to expand in constant value terms (2024 prices) during the forecast period. As urbanisation and mobility levels rise, the incidence of contagious medical conditions, such as influenza, is rising, especially in densely populated areas where close contact is frequent.
The ageing of the Philippine population is anticipated to be a significant driver of sales growth in analgesics during the forecast period. While the Philippines does not face the same demographic pressures as some European countries, the number of middle-aged and elderly individuals in the country is growing.
Retail expansion is set to significantly boost demand for analgesics across the Philippines, especially in previously underserved provincial areas. The steady rise of pharmacies, including franchise outlets, in these regions is making analgesics more accessible to a broader consumer base, with many featuring these products as a primary offering.
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Understand the latest market trends and future growth opportunities for the Analgesics industry in Philippines with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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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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