Kuwait Retail Pharmacy Market Outlook to 2022: 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 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), By Type of Sales Channels (Offline and Online)” provides a comprehensive analysis on the Retail Pharmacy industry of Kuwait. The report covers various aspects including introduction, value chain, market size by revenue (2012-2017), segmentation by type of pharmacy, by type of drugs, by revenue split and by type of sales channel, competition scenario in the industry, shares and company profiles of major players in the market, growth drivers, trends and developments, issues and challenges in the retail pharmacy market and the regulatory framework of the industry. The report concludes with market projection for the future market described above and analyst recommendations highlighting the major opportunities and cautions for the Kuwait Retail Pharmacy market. Market Overview Kuwait retail pharmacy market is in its growing stage and has increased at a positive single-digit CAGR during the period 2012-2017 majorly due to the increasing population, a surge in pharmaceutical imports, and a growing prevalence of diseases such as Obesity, infectious and chronic ailments such as cancer within the country. It has been observed that the trend towards preventive healthcare witnessed a rise in line with an increase in healthcare awareness during the review period, thus supporting expansion of the cosmetics and food supplements along with the OTC segment and increasing demand for vitamins and supplements, weight loss formulations, and smoking cessation aids has led the retail pharmacy market positively. On the other hand, growth in the healthcare sector has resulted in widespread both standalone and pharmacy chains in the country. Kuwait Retail Pharmacy Market Segmentation By Type of Pharmacy: Pharmacy chains are the major dominating category under types of pharmacy in Kuwait. Pharmacy chains accounted for more than half of the share in the number of pharmacies in the country. In Kuwait, people largely prefer to purchase drugs and private-label goods from well-known pharmacy chains majorly due to trust in branded retail pharmacy outlets. Independent Pharmacies remains the second most leading pharmacy stores in Kuwait in terms of number and are followed by Hospitals/clinic-based pharmacies. By Type of Drugs: Cosmetics dominated Kuwait retail pharmacy market with a massive share in generation in the year 2017. Increasing the expatriate population in the country, a surge in the sale of baby care products and higher prices of the medicinal products are the key growth drivers for the dominance of cosmetics sales in the Kuwait retail pharmacy market. Food supplements (vitamins) captured second-highest revenue share which is later followed by drugs (medicines). By Revenue Split per Day: Kuwait retail pharmacy market is highly concentrated among the pharmacy chains. Pharmacies earning per day revenue within the range KD 2,000 to KD 5,000 dominated the segment during the year 2017. By Type of Sales Channel: Offline channel in Kuwait retail pharmacy market has dominated the retail pharmacy market in terms of sales revenue during the year 2017. The majority of the pharmacies in Kuwait operate under this business model. However, the online channels in Kuwait retail pharmacy market have accounted for a mere share in the year 2017. Competitive Landscape The market of the Retail Pharmacy companies is moderately concentrated with few players constituting more than half of the total share. In Kuwait, nine major players are operating in the retail pharmacy market which contributes a combined share of ~70.0% of total pharmacy stores as of 2017. Companies compete on the basis of a number of stores, promotional offers; value-added services and distributional channels. Royal Group, Pharmazone, and YIACO are the major player in the market. The royal group is the market leader with a dominating share in pharmacy chains followed by Pharmazone and then by YIACO in 2017. Other players in the market include Al-Morji Pharmacy, Tabuk Pharmacy, Saja Pharmacy, and others. Kuwait Retail Pharmacy Future Outlook The Kuwait pharmacy retail market is expected to grow at a positive single-digit CAGR during the period 2017-2022. The retail pharmacy market in Kuwait will be majorly driven by improved healthcare infrastructures such as an increase in a number of hospitals, pharmaceutical clusters, and primary health clinics. In addition, the high prevalence of contagious diseases, widespread generic drug supply, rise in purchasing power, increasing affordability of healthcare products and the growing over-the-counter drugs market will help to drive growth in Kuwait’s retail pharmacy market. 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 Key Topics Covered in the Report:- Introduction on Kuwait Retail pharmacy Market Value Chain Working Model of Online Pharmacy Company Market Size by Revenue (2012-2017) Retail Pharmacy Market Segmentation by Type of Drugs, by Type of Pharmacies, by Type of Sales channel and by Revenue Split per day SWOT Analysis for Kuwait Retail Pharmacy Market Competition Scenario in the Industry Shares and Company Profiles of Major Players in the Market Growth Drivers, Trends and Developments in the Retail pharmacy Market Issues and Challenges in the Retail Pharmacy Market Regulatory Framework of the Industry Future Outlook for the Market (2018-2022) Including Estimated Market Size in Terms of Revenue and Retail Pharmacy Market Segmentation by Type of Drugs, by type of Sales Channel and by Number of Pharmacies For More Information on the research report, refer to below link:- https://www.kenresearch.com/kuwait-retail-pharmacy-market.html Related Reports by Ken Research:- 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 Post Views: 2 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