Small Retail Pharmacies likely targets of Larger Chains in Malaysia Retail Pharmacy Market: Ken Research Key Findings MCO movement in Malaysia amidst COVID-19 reduced number of operating hours of Pharmacies but resulted in an increase of ~15% in online delivery for product categories majorly Personal Care, Sanitizers and Nutrition & Health Supplements. The Malaysian Cabinet with aim of reducing costs to customers introduced External Reference Pricing policy in May ‘19… Read More »
Malaysia Pharmacy Retail Market, Malaysia Pharmacy Retail Industry, Market Major Players: Ken Research How is the Malaysia Pharmacy Retail Market Positioned? Market Overview: Malaysia Pharmacy Retail market in terms of revenue increased at a single digit CAGR over the review period 2013-2019. The market was observed to be at growth stage owing to growing intensity of competition among the Retail Pharmacies in the market in terms of wide… Read More »
Consolidation among Pharmacy Chains along with Rising Per Capita Health Spending has Augmented the Growth of Malaysia Pharmacy Retail Industry: Ken Research Growing Service Portfolio: Pharmacy retail chains in Malaysia have established their online stores for customer convenience. Major companies in Malaysia have their E-stores and make deliveries in segments such as Vitamins & Minerals, Health Supplements and Personal Care items. The rising demand of online retailing bridged the gap between the pharmacies and customers as growth… Read More »
In-depth Analysis of the COVID-19 impact on Malaysia Pharmacy Retail Industry: Ken Research Global Outbreak of COVID-19 resulted in dealing with the unforeseen challenges in all the industries especially the Logistics, Hospitality and Automotive sector. Industries faced complete losses during this period due to the restrictive measures taken at country level such as lockdown, or stay at home orders, to control the pandemic at a local level. Number… Read More »
Malaysia Pharmacy Retail Market Outlook to 2025: Ken Research The report titled “Malaysia Pharmacy Retail Market Outlook to 2025- By Market Structure (Organized & Unorganized), By Location (Mall Based & High Street), By Product Sales (Prescribed Drugs, Generics, Non Pharmaceutical Products, Medical Equipments), By Drug Type (Patented & Generics) and By Therapeutic Class” provides a comprehensive analysis on the performance of the pharmacy industry in Malaysia.… Read More »