Key regions: United Kingdom, South Korea, Europe, Japan, Germany
The Cold & Cough Remedies (Pharmacies) market in Qatar is experiencing steady growth, driven by customer preferences for over-the-counter remedies, increasing awareness of the importance of managing cold and cough symptoms, and the local special circumstances in the country.
Customer preferences: Customers in Qatar prefer to purchase cold and cough remedies from pharmacies due to the convenience and accessibility they offer. Pharmacies are easily accessible in both urban and rural areas, making it convenient for customers to find the remedies they need. Additionally, customers appreciate the professional advice and guidance provided by pharmacists, which helps them choose the most suitable remedies for their symptoms.
Trends in the market: One of the key trends in the Cold & Cough Remedies market in Qatar is the growing demand for natural and herbal remedies. Customers are increasingly seeking natural alternatives to traditional medications, driven by a desire for more holistic and sustainable healthcare options. This trend is reflected in the increasing availability of herbal remedies in pharmacies, as well as the introduction of new natural products in the market. Another trend in the market is the rising demand for combination remedies. Customers prefer products that offer multiple benefits and address different symptoms simultaneously. Combination remedies that provide relief from both cold and cough symptoms are gaining popularity, as they offer convenience and cost-effectiveness for customers.
Local special circumstances: Qatar has a high prevalence of respiratory illnesses due to the country's hot and dry climate, which can exacerbate cold and cough symptoms. This local special circumstance drives the demand for cold and cough remedies in the market. Customers in Qatar are more likely to experience respiratory issues, making the need for effective remedies even more crucial.
Underlying macroeconomic factors: The growth of the Cold & Cough Remedies market in Qatar is also influenced by underlying macroeconomic factors. Qatar has a high per capita income and a strong healthcare infrastructure, which enables customers to afford and access a wide range of remedies. Additionally, the government's focus on healthcare and wellness initiatives further supports the growth of the market. In conclusion, the Cold & Cough Remedies (Pharmacies) market in Qatar is developing due to customer preferences for pharmacy purchases, the growing demand for natural and combination remedies, the local special circumstance of a high prevalence of respiratory illnesses, and the underlying macroeconomic factors of a high per capita income and strong healthcare infrastructure.
Data coverage:
The data encompasses B2C enterprises. Figures are based on offline and online spending by consumers, including VAT. Not included are B2B and B2G sales, or other pharmaceutical sales through hospitals or retail stores such as supermarkets.Modeling approach:
Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market market. As a basis for evaluating markets, we use industry associations, third-party studies and reports and survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as healthcare expenditure per country, consumer healthcare spending, GDP and internet penetration. This data helps us estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, forecasts are based on historical developments, current trends, and key market indicators, using advanced statistical methods. For forecasting digital trends such as the online-pharmacy sales share we use exponential trend smoothing and the s-curve method. The main drivers are healthcare expenditure per country and consumer healthcare spending.Additional notes:
The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. GCS data is reweighted for representativeness.
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