Category: Over-the-Counter Drugs
South Korea Over-the-Counter Drugs
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Consumer Health in South Korea
... consumer health industry in the country. Both adults and children experienced a severe flu season, driving growth, but leading to temporary shortages of some essential emergency OTC medications. OTC products was also affected by a ... Read More
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Dermatologicals in South Korea
... such as medicated shampoos, vaginal antifungals, and nappy (diaper) rash treatments often overlap with beauty and personal care products, leading to substitution by similar products. This overlap can result in low or negative growth rates. ... Read More
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Sleep Aids in South Korea
... taking sleep aids regularly. As a result, rather than choosing Rx products or OTC products, consumers in South Korea tended to turn to dietary supplements during the review period. However, dietary supplements are known to ... Read More
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Eye Care in South Korea
... are placed near the counter, and eye care products are frequently found amongst them. While eye care products are used for specific symptoms, they are also commonly purchased for general eye health, leading to impulsive ... Read More
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Cough, Cold and Allergy (Hay Fever) Remedies in South Korea
... are commonly used for the symptoms of rhinitis, alternative methods of treatment are becoming increasingly popular, including nasal irrigation devices, or sinus rinses. There is a growing perception that cough, cold, and allergy remedies dry ... Read More
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Analgesics in South Korea
... with increases in the double digits. Consumers’ purchasing patterns have become more sophisticated, particularly during the influenza season, when many outlets face stock shortages. Liquid formats of paediatric acetaminophen sell better than tablet formats. However, ... Read More
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Herbal/Traditional Products in South Korea
... 2024, JungKwanJang is expected to hold a commanding 42% value share – an impressive figure in a category that includes major brands such as Woo Hwang Chung Sim Won, and Condition. The strength of this ... Read More
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NRT Smoking Cessation Aids in South Korea
... are linked with consumers’ commitment to quit smoking. Interest in smoking cessation is increasing, due to factors such as the reduction of smoking areas, the negative perceptions of smokers, and the availability of alternatives such ... Read More
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Digestive Remedies in South Korea
... digestive remedies, although this trend is set to stabilise in 2024, with fairly similar growth rates expected. An increasing number of consumers prefer herbal/traditional remedies for mild symptoms. While they may visit a physician for ... Read More
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Impact of South Korea on the Pharmaceutical Industry - Thematic Intelligence
... South Korea is a market that offers significant potential for big pharma manufacturing, with domestic companies dominating the marketed product landscape as encouraged by government policy. The top three therapy areas among marketed and pipeline ... Read More
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Cough, Cold and Allergy (Hay Fever) Remedies in South Korea
... and pharyngeal preparations, a scenario that is benefiting brands such as Panpyrin Q, Pancold S, Haben, Care Gargle, and other cold-related treatments by major pharmaceutical companies. Sales of these products in late 2021 and early ... Read More
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Digestive Remedies in South Korea
... self-treatment of the Omicron variant of COVID-19 which emerged in South Korea in late 2021, in addition to concerns over supply shortages commonly used by local households. In addition to fever, headache, and sore throat, ... Read More
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Eye Care in South Korea
... seclusion and remote working, resulting in more frequent use of spectacles and less use of contact lenses, in addition to less time spent outdoors, both of which are factors that can promote growth of standard ... Read More
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Sleep Aids in South Korea
... levels. In addition, many people have been working and studying from home, resulting in greater exposure to digital screens which can disrupt circadian rhythms by overstimulating the brain before bedtime. Furthermore, record-breaking heat waves during ... Read More
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Herbal/Traditional Products in South Korea
... variants during the pandemic, leading to loss of share in sleep aids, cough, cold and allergy (hay fever) remedies, vitamins and dietary supplements and digestive remedies. Euromonitor International's Herbal/Traditional Products in South Korea report offers ... Read More
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Consumer Health in South Korea
... cost of food materials, supply, distribution, and overall inflation, prices of popular and commonly purchased OTC pain relief patches and herbal/traditional tonics are increasing in pharmacies. This is placing pressure on owners of pharmacies as ... Read More
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Analgesics in South Korea
... Rx prescription analgesics, a factor which boosted OTC sales during these years. However, overall retail volume sales of adult analgesics is predicted to decline in 2022, whilst remaining above pre-pandemic levels. Furthermore, the shortage of ... Read More
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Dermatologicals in South Korea
... result of rising competition from outside of the category. Demand for hair loss products in South Korea has been shifting more towards hair care products within beauty and personal care. Many brands which offer standard ... Read More
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NRT Smoking Cessation Aids in South Korea
... smoking prevalence. NRT smoking cessation aids lost consumers’ interest over the review period, due to misconceptions among some that these products have addictive qualities. In response, manufacturers and professionals have been working to educate and ... Read More
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South Korea Over-the-Counter (OTC) Healthcare Market Size by Categories, Distribution Channel, Market Share and Forecast, 2021-2026
... to target, trends in the usage of category level distribution data and companies market shares. The South Korea OTC healthcare sector is led by the Traditional medicines in value terms in 2021. The Traditional medicines ... Read More
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