Kuwait Retail Pharmacy Market is Expected to Reach About KD 600 Million in Terms of Revenue by 2022: Ken Research
GURUGRAM,
- Rising population in
Kuwait due to surge in life expectancy and shift in the demographic pattern leading to a increase in ageing population and is expected to drive retail pharmacy market in the country. - This widespread prevalence of NCDs and chronic diseases in
Kuwait , such as heart disease, cancer and diabetes, and changing dietary habits will led to increase in the demand of retail pharmacies in the country. - Increasing demand of private label goods in country will lead to surge in the demand of medicated cosmetics and food supplements in the country which will positively increase the revenue of retail pharmacies.
Rising Obese Population: In
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Increasing Government Expenditure on Health Care Sector: In 2010, the
Increasing Sale of Private Label Goods: Private label goods majorly consists of cosmetics and food supplements (vitamins) which accounted a major share in generating revenue for pharmacy stores in
Analysts at
The market is expected to register a positive CAGR of 7.7% in terms of revenue during the forecast period 2017-2022. The market is further expected to be driven by the increasing competition from new companies entering the market.
Keywords
- Kuwait Retail Pharmacy Market
- Retail Pharmacy Market Size Kuwait
- Drugs Sales Kuwait
- Kuwait Pharmacy
Chain Market - Independent Pharmacy Market Kuwait
- Hospital Pharmacies Kuwait
- Clinics Pharmacies Kuwait
- Food Supplement Kuwait
- Cosmetics Market Kuwait
- Kuwait Retail Pharmacy Growth
Kuwait Retail Pharmacy Association - Kuwait Retail Pharmacy Offline Sales
- Online Retail Pharmacy Kuwait
- Retail Pharmacy Kuwait
- Kuwait Drug Stores
- Kuwait Health Care
- Kuwait Retail Pharmacy Advantages
- Kuwait Retail Pharmacy Revenue
- Pharmacy Revenue Kuwait
- Kuwait Pharmacies Number
- Kuwait Pharmacy Chain Number
- Kuwait Independent Pharmacies Number
- Kuwait Retail Pharmacy Regulations
- Kuwait Retail Pharmacy Trends
- Trends Pharmacy Kuwait
Challenges Kuwait Retail Pharmacy - Kuwait Pharmacy Issues
- Kuwait Retail Pharmacy Growth Drivers
Key Segments Covered
- Market Segmentation
- By Type of Pharmacy (Pharmacy Chains, Independent Pharmacies and Hospital/Clinic Based Pharmacies)
- By Type of Drugs (Cosmetics, Food Supplements and Drugs)
- By Revenue Split (KD 500 to KD 2,000, KD 2,000 to KD 4,000 and KD 5,000 to KD 10,000)
- By Type of Sales Channels (Offline and Online)
Key Target Audience
- Hospitals
- Pharmaceutical Manufacturers
- Pharmaceutical Distributors
- Pharmacy Chains
- Health Care Associations
Time Period Captured in the Report:
- Historical Period - 2012-2017
- Forecast Period - 2018-2022
Companies Covered:
Royal Pharmacy - Pharmazone
- YIACO
Ali-Abdulwahab Al-Mutawa Boots Pharmacy - Al-Hajery
- Aster
- Dowa
- PharmaTee
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