The onset of the COVID-19 pandemic led to a large decline in demand for topical analgesics/anaesthetic in Singapore, due to the tightening of geographical borders and the reduction of inbound tourists. However, the category is set to see a strong increase in demand in 2023, and this will continue in the forecast period, due to the shifting needs of the local population.
Systemic analgesics is expected to continue to see a slowing of current value growth in the coming years, due to high rates of local vaccination against COVID-19, and the reducing threat from the pandemic. While the use of systemic analgesics is projected to keep growing due to state recommendations to self-medicate for those with mild flu and COVID-19 symptoms, growth rates are likely to slow.
There are increasing consumer concerns about the safety and transparency of herbal/traditional products, given the recent incidences of unsafe use of such products, after which the Health Sciences Authority stepped in to advise consumers on the careful use of herbal/traditional products for coughs and pain relief. Lianhua Qingwen was known to be a very effective cough relief medicine amongst Singaporeans who were suffering from the symptoms of COVID-19.
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Understand the latest market trends and future growth opportunities for the Analgesics industry in Singapore 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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