The market for dermatologicals is expected to see positive growth in current value terms over the forecast period, underpinned by an improving economy and a more stable pricing environment, particularly in niche categories like. At the same time, the expanding young population, the growing number of families with children and the rise of the country’s professional class will drive demand for specialised products, such as, medicated shampoos and cold sore treatments which are not deemed essential by most of the population.
Essential categories such as topical antifungals, vaginal antifungals will continue to lead overall growth over the forecast period. This will align with the increasing population, as fungal infections remain common, driving demand for treatments.
The primary challenge impacting the market for dermatologicals over the forecast period will be continuing inflationary pressures, which will likely constrain disposable incomes and weaken consumer spending power. Economic conditions have already severely hindered consumer demand, and if these conditions persist, consumption is likely to decline even further.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Dermatologicals industry in Nigeria with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Dermatologicals industry in Nigeria, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Dermatologicals
Includes topical standard and herbal/traditional medicated products used to alleviate symptoms or treat skin or hair ailments. Exclude any systemic (oral) options to treat skin conditions or diseases.
See All of Our DefinitionsThis report originates from Passport, our Dermatologicals research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!