Kuwait Retail Pharmacy Market is Driven by the Surge in Aging Population in the Country Coupled with Increasing Demand of Private Label Goods: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Increasing prevalence of NCDs and chronic diseases, and growth in healthcare awareness in the country has positively driven the retail pharmacy market in Kuwait. The report titled, “Kuwait Retail Pharmacy Market Outlook to 2022 – By Type of Pharmacy (Pharmacy Chains, Independent Pharmacies and Hospital/Clinic Based Pharmacies); By Type of Drugs (Cosmetics, Food Supplements and Drugs), and By Type of Sales Channels (Offline and Online)” by Ken Research believe that the increase in number of pharmacists and opening up of new specialty hospitals in the country will drive growth in Kuwait Retail Pharmacy Market in the future. Surge in Demand of Private Label Goods: Introduction of first five year plan namely Kuwait National Programme for healthy living (2013-2017) has motivated the people to perform daily exercise which augmented the demand of health supplements among people to stay fit. Moreover, in 2017, private label goods contributed a major dominating share in terms of revenue generation majorly due to Kuwait has high expatriate population and majority of the expat population is health conscious which led to an increase in the demand of medicinal cosmetic from a retail pharmacy. Increase in Number of Pharmacists: In Kuwait, number of pharmacists has increased positively during the period 2012-2016 at a CAGR of 8.2% and total number of pharmacists reached 1,462 in the year 2016. Increase in number of pharmacists in Kuwait is directly influencing the market of retail pharmacy as growth in number of pharmacists will lead to opening up of more number of retail pharmacy stores or outlets in the country. Introduction of Pharmacy Mobile Application: Pharmacy companies launched – “Pharmacy applications” in the market to provide access to pharmaceutical products and in addition to this it provided information about the offers and services. For instance- “Al- Dawaa”, a mobile application was launched by Al-Dawa Medical Services in the year 2014. Furthermore, such mobile application helped the companies to increase market penetration and expand their market outreach. Shift towards Online Distribution of Drugs: The majority of the Kuwaiti population is between the age group of 25 years to 54 years, which has resulted in an increase in the use of social media and growing internet penetration in the country. In order to compete with the dynamic retail pharmacies, stores have slowly began to shift towards online distribution of drugs along with the other health care products such as (food supplements, vitamins, cosmetics and others). Keywords:- Kuwait Retail Pharmacy Market Drugs Sales Kuwait Kuwait Pharmacy Chain Market Hospital Pharmacies Kuwait Clinics Pharmacies Kuwait Food Supplement Kuwait Cosmetics Market Kuwait Kuwait Retail Pharmacy Growth Online Retail Pharmacy Kuwait Retail Pharmacy Kuwait Kuwait Drug Stores Kuwait Health Care Pharmacy Revenue Kuwait Kuwait Pharmacies Number Kuwait Pharmacy Chain Number Kuwait Retail Pharmacy Trends Trends Pharmacy Kuwait Kuwait Pharmacy Issues 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 For more information on the research report, refer to below link:- https://www.kenresearch.com/kuwait-retail-pharmacy-market.html Related Reports:- https://www.kenresearch.com/indonesia-pharmacy-retail-market.html https://www.kenresearch.com/india-pharmacy-stores-market-report.html https://www.kenresearch.com/saudi-arabia-healthcare-market-outlook-to-2019-rising-lifestyle-diseases-and-government-investment-to-spur-future-growth.html Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications support@kenresearch.com +91-9015378249 Tags: Challenges Kuwait Retail Pharmacy, Clinics Pharmacies Kuwait, Cosmetics Market Kuwait, Drugs Sales Kuwait, Food Supplement Kuwait, Hospital Pharmacies Kuwait, Independent Pharmacy Market Kuwait, Industry Research Report Of Kuwait Retail Pharmacy Market, Kuwait Drug Stores, Kuwait Health Care Market, Kuwait Independent Pharmacies Number, Kuwait Pharmacies Number, Kuwait Pharmacy Chain Market, Kuwait Pharmacy Chain Number, Kuwait Pharmacy Issues, Kuwait Retail Pharmacy Advantages, Kuwait Retail Pharmacy Association, Kuwait Retail Pharmacy Growth, Kuwait Retail Pharmacy Industry, Kuwait Retail Pharmacy Industry Research Report, Kuwait Retail Pharmacy Market, Kuwait Retail Pharmacy Market Analysis, Kuwait Retail Pharmacy Market Growth, Kuwait Retail Pharmacy Market Research Report, Kuwait Retail Pharmacy Offline Sales, Kuwait Retail Pharmacy Regulations, Kuwait Retail Pharmacy Revenue, Kuwait Retail Pharmacy Trends, Market Research Report Of Kuwait Retail Pharmacy Market, Online Retail Pharmacy Kuwait, Pharmacy Revenue Kuwait, Retail Pharmacy Industry In Kuwait, Retail Pharmacy Kuwait, Retail Pharmacy Market In Kuwait, Retail Pharmacy Market Size Kuwait, Trends Pharmacy Kuwait