Market reports & researches
LOG IN | Services | Contact | Custom Research



Main Consumer Goods & Retail Retailing Retail Chemists & Drugstores Market Report 2006
Publications

(Currently 512486 Items)


Partners


Retailing / REPORT INFORMATION

Retail Chemists & Drugstores Market Report 2006

DateMar, 2006
Pages0
Price / format€739 / Electronic

€739 

Report Information | Custom-Tailored Research | Product Trade Lead


Abstract:
 This Market Report examines the UK market for retail chemists, including in-store pharmacies and drugstores. Retail chemists and in-store pharmacies are registered outlets that are entitled to dispense those pharmaceutical products only available on prescription. In addition, both sell over-the-counter (OTC) medicines, as well as beauty products and other items, such as electronic goods. They may also provide services such as photo processing, pregnancy testing, etc. Drugstores tend to focus on OTC health products, as well as beauty products.

The report estimates that, in 2005, the total UK market for retail chemists was worth Ј9.13bn, a rise of 4.3% on 2004. Sales have been rising at a robust rate over the past 5 years (2001 to 2005), which partly reflects the development of new and more sophisticated drugs, and a rise in the number of drugs being prescribed. The market for retail chemists is highly fragmented and total turnover is derived from a number of sectors. These include the chemists' income paid by the NHS for the dispensing of prescription-only medicines (POMs) and the retail sale of OTC pharmaceuticals, healthcare and personal-care products and, in larger outlets, gifts and household goods. A typical pharmacy earns around 80% of its revenue from dispensing NHS prescriptions — a proportion that has risen over time.

In April 2005, a new government contract came into effect under which pharmacists are able to issue repeat prescriptions without the need for a general practitioner (GP). In addition, they are able to offer a wider range of services. The contract reflects the Government's desire to expand the role of pharmacists in the provision of healthcare in the UK. The new contract has opened up new revenue streams for retail chemists.

The retail chemists' market has already been transformed over the past 10 years by the expansion of the major grocery supermarkets into the health and beauty market. Indeed, the large supermarket chains now account for nearly half of the Ј14bn health and beauty market. Specialist retailers, such as Boots, Superdrug, Alliance Pharmacy and Savers, account for just 40%. If growth continues at the current pace, Tesco will knock Boots off the top slot in the retail chemist league by 2010. However, a raft of factors could intervene, including whether Tesco is allowed to buy more stores and whether Boots is able to boost its scale by merging with Alliance UniChem.

This report predicts that the market for retail chemists will continue to grow strongly over the next 5 years (to 2010). Sales of both prescription and OTC products are likely to show marked growth, driven by the increasingly powerful — and expensive — range of products that are likely to come onto the market. However, there will be some constraints on growth, and the increasing penetration of the supermarket multiples and their penchant for discounting and buy-one-get-one-free offers is likely to contain growth in the sales value of non-prescription goods sold by retail chemists.








Table of contents:
 1. Market Definition

REPORT COVERAGE

MARKET SECTORS

Retail Chemists

Drugstores

In-Store Pharmacies

PRODUCT SECTORS

Prescription-Only Medicines

Over-the-Counter Pharmaceuticals

Other Products

MARKET TRENDS

New Contract Boosts Role of Pharmacists

Rules on Internet Pharmacies and Licensing Eased

Sharp Rise in Health Spending, But Local Trusts Still Face Financial Difficulties

ECONOMIC TRENDS

Gross Domestic Product

Table 1: UK Gross Domestic Product at Current and Annual Prices (Јm), 2000-2004

Household Disposable Income

Table 2: Household Disposable Income Per Capita (Ј), 2000-2004

Inflation

Table 3: UK Rate of Inflation (%), 2000-2004

MARKET POSITION

The UK

Table 4: Sales Through Retail Chemists as a Percentage of Total Retail Sales at Current Prices (Јm at rsp), 2001-2005

Overseas

2. Market Size

THE TOTAL MARKET

Table 5: The Total UK Retail Chemists' Market by Value at Current Prices (Јm at rsp), 2001-2005

Figure 1: The Total UK Retail Chemists' Market by Value at Current Prices (Јm at rsp), 2001-2005

BY PRODUCT SECTOR

Prescription-Only Medicines

Table 6: Number and Cost of Prescriptions Dispensed by Retail Chemists in the UK (million and Јm), 2001-2005

Over-the-Counter Pharmaceuticals

Table 7: Sales of OTC Pharmaceuticals by Retail Chemists by Value at Current Prices (Јm at rsp and %), 2001-2005

Figure 2: Sales of OTC Pharmaceuticals by Retail Chemists by Value at Current Prices (Јm at rsp), 2001-2005

3. Industry Background

RECENT HISTORY

INDUSTRY SYNOPSIS

Table 8: Financial Results for Dispensing Chemists (Ј000, % and Ј), 2005

NUMBER OF COMPANIES

EMPLOYMENT

REGIONAL VARIATIONS IN THE MARKETPLACE

DISTRIBUTION

HOW ROBUST IS THE MARKET?

LEGISLATION

The Community Pharmacy Contractual Framework

Control of Entry

KEY TRADE ASSOCIATIONS

Association of the British Pharmaceutical Industry

Company Chemists' Association Ltd

National Pharmacy Association

Royal Pharmaceutical Society of Great Britain

4. Competitor Analysis

THE MARKETPLACE

MARKET LEADERS

Alliance UniChem PLC

Company Structure

Current and Future Developments

Financial Results

ASDA Group Ltd

Company Structure

Current and Future Developments

Financial Results

Boots Group PLC

Company Structure

Current and Future Developments

Financial Results

Co-op Health Care Ltd

Company Structure

Current and Future Developments

Financial Results

Day Lewis PLC

Company Structure

Current and Future Developments

Financial Results

Lloyds Pharmacy Ltd

Company Structure

Current and Future Developments

Financial Results

WM Morrison Supermarkets PLC

Company Structure

Current and Future Developments

Financial Results

Paydens Ltd

Company Structure

Current and Future Developments

Financial Results

Rowlands Pharmacy

Company Structure

Current and Future Developments

Financial Results

J Sainsbury PLC

Company Structure

Current and Future Developments

Financial Results

Superdrug Stores PLC

Company Structure

Current and Future Developments

Financial Results

Tesco PLC

Company Structure

Current and Future Developments

Financial Results

Other Companies

Buying Groups

OUTSIDE SUPPLIERS

MARKETING ACTIVITY

Table 9: Main Media Advertising Expenditure by Retail Chemists by Company and Product Range (Ј000), Years Ending September 2004 and 2005

5. Strengths, Weaknesses, Opportunities and Threats

STRENGTHS

WEAKNESSES

OPPORTUNITIES

THREATS

6. Buying Behaviour

PREVALENCE OF COMMON MEDICAL CONDITIONS

Table 10a: Incidence of Common Medical Conditions in the Last 12 Months by Age, Sex, Social Grade and Region (% of adults), 2005

Table 10b: Incidence of Common Medical Conditions in the Last 12 Months by Age, Sex, Social Grade and Region (% of adults), 2005

PRINCPAL PURCHASING LOCATIONS

Table 11: Principal Purchasing Locations for Pharmaceuticals in the Last 12 Months by Age, Sex, Social Grade and Region (% of adults), 2005

CHEMIST VISITS

Table 12: Chemist Visits in the Last 12 Months by Age, Sex, Social Grade and Region (% of adults), 2005

7. Current Issues

LEGISLATION

Further Radical Changes Possible

Pharmacy Antibiotic Sale Gets Green Light

NHS Finances

Newspaper Claims UK Pays Over the Odds for Drugs

THE ECONOMY

Tough Conditions on the High Street in 2005

CORPORATE DEVELOPMENTS

Shareholders Doubt Wisdom of Alliance UniChem Merger With Boots

Boots Announces Better-Than-Expected Christmas Trading

8. The Global Market

MARKET SIZE

The US

EUROPE

9. Forecasts

INTRODUCTION

The Economy

FORECASTS 2006 TO 2010

Table 13: The Forecast Total UK Retail Chemists' Market by Value at Current Prices (Јm at rsp), 2006-2010

Figure 3: The Forecast Total UK Retail Chemists' Market by Value at Current Prices (Јm at rsp), 2006-2010

MARKET GROWTH

Figure 4: The Total UK Retail Chemists' Market by Value at Current Prices (Јm at rsp), 2001-2010

FUTURE TRENDS

Demographics

Table 14: Projected UK Population by Age (000), 2002, 2006 and 2011

Market Segmentation

Product Development

Competitor Forecasts

10. Company Profiles

Alliance Unichem Plc

Asda Group Ltd

Boots Group Plc

Co-op Health Care Ltd

Day Lewis Plc

Lloyds Pharmacy Ltd

Wm Morrison Supermarkets PLC

Paydens Ltd

J Sainsbury Plc

Superdrug Stores Plc

TEsco Plc

11. Consumer Confidence

METHODOLOGY

THE WILLINGNESS TO BORROW

Table A: The Average Amount Consumers Are Willing to Borrow in Order to Purchase Expensive Items at Current and Constant November 2004 Prices (Ј and Јbn), November 2004, February 2005, May 2005, August 2005 and November 2005

The Desire to Borrow Stays Strong

Table B: The Number of Adults Willing to Borrow in Order to Purchase Expensive Items (000 and %), November 2004, February 2005, May 2005, August 2005 and November 2005

THE WILLINGNESS TO SPEND FROM SAVINGS

Table C: The Average Amount Consumers Are Willing to Spend from Savings in Order to Purchase Expensive Items at Current and Constant November 2004 Prices (Ј and Јbn), November 2004, February 2005, May 2005, August 2005 and November 2005

Consumers Increasingly Cautious

Table D: The Average Amounts Adults are Confident Spending to Purchase Expensive Items (Ј and %), November 2004, February 2005, May 2005, August 2005 and November 2005

12. Further Sources

Associations

Publications

General Sources

Government Sources

Other Sources

Bisnode Sources




Order this report

  Company name:
  Contact person:
  Phone/fax:
  Email:
  Comments:
   


Product Trade Lead
0 leads found


Add New Buy/Sell Lead

© 2007-2010 MarketReportFinder.com