New Report Available: Analgesics in Lithuania
Fast Market Research recommends "Analgesics in Lithuania" from Euromonitor International, now available
[ClickPress, Sun Dec 06 2015] In 2015, analgesics is expected to continue recording healthy gains in Lithuania as consumers commonly use these products to relieve minor complaints which occur on a more frequent basis due to hectic lifestyles and increasing stress levels. Meanwhile, Lithuanians’ improving standards of living, aligned with the growing purchasing power, benefit well-known brands, as consumers show little trust in cheap generics and less-known brands and accept paying more for long-established and heavily promoted counterparts.
Nycomed SEFA AS is expected to maintain its leading position in 2015 with a retail value share of 20%. The company sells Ibumetin, which is the leading brand within analgesics in Lithuania. Ibumetin has strong brand awareness amongst Lithuanians thanks to various marketing and advertising campaigns which took place over the review period. Also, Ibumetin is available in different formats and strengths which attract different types of consumers.
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Analgesics is set to continue recording healthy gains over the forecast period as demand for analgesics is expected to go up due to increasing usage of painkillers with Lithuanians taking them to relieve various minor aches and pains on a more frequent basis. Also, the improving economic situation aligned with an increase in disposable income is set to benefit branded products with perceived higher quality and efficiency, which is expected to limit the development of generics in Lithuania over the forecast period.
Discover the latest market trends and uncover sources of future market growth for the Analgesics industry in Lithuania with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Analgesics industry in Lithuania, our research will save you time and money while empowering you to make informed, profitable decisions.
The Analgesics in Lithuania market research report includes:
* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country
Our market research reports answer questions such as:
* What is the market size of Analgesics in Lithuania?
* What are the major brands in Lithuania?
* Are combination products with acetaminophen still popular?
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