NRT smoking cessation aids are not set to be impacted by the outbreak of COVID-19, despite there being some initial concern that smokers were more at risk of the virus. However, the Norwegian Health Institute removed smokers from the list of groups more at risk in April 2020, and therefore, COVID-19 was not a motivating factor for consumers to stop smoking. However, cigarettes are a huge monetary cost to households that are under financial pressure, and therefore, the increased financial…

The global COVID-19 crisis has caused a significant shift in consumer buying habits as consumers are faced with economic and health-related uncertainty. This means that they are less likely to spend money on items that are considered non-essential, including products in NRT smoking cessation aids. Furthermore, products in NRT smoking cessation aids are considered expensive in Morocco and so will be among the first product areas for consumers to save money on.

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Herbal/traditional products will see its growth potential eroded in 2020 by the COVID-19 quarantine with sales dynamics slowing down considerably compared with 2019. However, sales are still comparatively healthy since herbal ingredients continue to attract consumers due to the long-standing cultural tradition of a wide use of medicinal herbs. Additionally, retail current value is benefitting from unit prices increasing at a higher rate than inflation alongside a growing consumer interest in…

Herbal/traditional products benefits from a growing demand for natural alternatives in Tunisia. Herbal packaged brands are typically more expensive, but many doctors in the country are recommending natural remedies to be used in conjunction with prescription pharmaceuticals, to give a better overall result. Furthermore, in Tunisia the selling of herbal/traditional products is not formalised, meaning they are sold at ease compared to many other OTC offerings. In addition, herbal/traditional…

After seeing double-digit current value growth for most of the review period, in 2020 herbal/traditional products is expected to see a double-digit decline. The overall category is expected to decline due to the COVID-19 pandemic, mainly due to the exceptionally strong decline for herbal/traditional tonics, which is also by far the largest category within herbal/traditional products, accounting for nearly two thirds of overall sales. Apart from purchases for self-consumption, Essence of…

COVID-19 will have a significant negative effect on value sales growth in herbal/traditional products during 2020. The pandemic has led to a shift in consumer preferences towards efficacy and away from ‘naturalness,’ and this has undermined demand growth for herbal/traditional products, as some of them contain very little in the way of active ingredients and are widely regarded as placebo.

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New product launches, coupled with increasingly health conscious consumers in the wake of the COVID-19 crisis, meant herbal/traditional products will post healthy value sales in 2020. A growing number of consumers are on the lookout for products that seem less processed and man-made to treat their ailments. Another selling point for herbal/traditional products is the perceived lack of serious side effects in comparison to standard products. Heightened demand for some products, such as…

The impact of COVID-19 will contribute to a modest deceleration in the rate of growth in value sales of herbal/traditional products in Serbia during 2020. Although value sales of these products slowed during the spring lockdown due to heightened economic uncertainty, they quickly bounced back. Strong long-term growth in demand for products that are “all natural” remains the main driver of value sales growth in herbal/natural products, and the pandemic has not derailed this.

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Current retail value growth for OTC products was dampened in March 2020 before the lockdown restrictions were introduced, as consumers turned instead to OTC products, stockpiling medication for the months ahead. Despite the increasing popularity of herbal/traditional products in Romania, many consumers believe that OTC products are more effective than herbal/traditional products at fighting infections and offering protection against illness. With fears over the danger of COVID-19 rising in…

As a result of COVID-19, the demand for herbal/traditional products with preventative benefits against the virus will increase in 2020, as consumers seek out products which may help protect them. Equally, as many consumers suffer from higher levels of stress due to the pandemic uncertainty, lockdown isolation and resulting job losses, sales of sleep aids will also increase. When it comes to sleep aids, consumers prefer products that contain natural ingredients. Peruvian consumers are used to…

The outbreak of COVID-19 is set to result in a value decline for herbal/traditional products, with growth moving from a positive result of 1% in 2019 to a predicted decline of 6% in 2020.

Euromonitor International's Herbal/Traditional Products in Norway report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2015-2019, allowing you to identify the sectors driving growth. Forecasts to 2024 illustrate how the…

With the spread of COVID-19 in 2020, consumers have been more concerned about maintaining strong immune systems in order to avoid infection. As such, many consumers began to stockpile products in herbal/traditional products in 2020, which is expected to drive sales in the category in 2020. The emphasis is expected to be on products that can boost immunity and contain organic components in 2020, due to health fears provoked by COVID-19.

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In 2020, herbal/traditional products is expected to see a marginally slower current value growth rate than was seen in all other years of the review period, although performances vary between categories. Although a slight negative impact is expected to due to the financial impact of measures taken by the government to control COVID-19, Indonesians have huge faith in herbal/traditional products to boost their immune system. A local medicine called jamu, a liquid form of combined natural…

COVID-19 forced states across the US to declare stay-at-home orders and close non-essential businesses, starting in late March 2020. These closures led to mass layoffs. The unemployment rate in April 2020 hit 14.7%, the highest rate since the Great Depression, having seen the largest month-on-month increase in the history of the Bureau of Labor Statistics’ unemployment data. The record-high unemployment level had several immediate consequences on consumer payments. Americans who lost their…

In 2020, similar to all other years of the review period, eye care is expected to witness a healthy double-digit current value growth rate. However, the current value growth rate is expected to be marginally slower than in other years of the review period. One of the main drivers of sales of eye care products is pollution. Much of the increase in demand for allergy eye care can be attributed to Vietnam’s increase in traffic congestion, stirring up dust mites, increasing air pollution and…

Eye care is expected to see a slowdown in its current value growth rate in 2020, mainly due to the economic impact of COVID-19. Some consumers have seen job losses and falling incomes as a result of the measures taken to prevent the spread of the virus in the country, which has made them more price-conscious. They are therefore focusing their limited budgets on necessities such as food and essential medicines. This is certainly a category in which there has been no evidence of stockpiling.…

Current value sales of eye care, especially standard eye care, have been positively affected by the COVID-19 pandemic overall as more consumers spent more time at home in front of computer or television screens. Slovakians already spent a high number of hours per day staring at screens, and this only got worse during lockdown, where computers and mobile phones were often the only point of contact with the outside world. Digital eye strain become far more common and many consumers turned to…

Retail volume sales of eye care products are expected to rise slightly in Peru in 2020, as a result of the lockdown restrictions implemented across the country to halt the spread of COVID-19. This has caused greater numbers of people to suffer from eye problems due to the increase in the amount of time spent on screens. Regular use of digital screens can cause eye strain and tiredness, problems already commonly seen amongst the Peruvian population. COVID-19 and the subsequent lockdown…

As the Spanish economy recovers, the demand for premium ranges of closures to an expanding client base is set to continue on an upward trend. As a consequence the company is set to continue innovating in order to provide existing and potential clients with solutions for their premium ranges in an individualised fashion. However the company is also set to keeping expanding its portfolio of standard wooden closures available since 2014.

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