Key regions: Canada, Europe, India, Australia, South Korea
The Eye Care (Pharmacies) market in Finland has been experiencing steady growth in recent years. Customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors all contribute to this development. Customer preferences in the Eye Care (Pharmacies) market in Finland are influenced by a growing awareness of the importance of eye health. Customers are increasingly seeking out products and services that can help them maintain good eye health and prevent vision problems. This includes a demand for a wide range of eye care products such as contact lenses, eyeglasses, and eye drops. Additionally, customers are also looking for convenient and accessible eye care services, such as eye exams and consultations, which can be easily obtained at pharmacies. Trends in the market reflect the changing needs and preferences of customers. One notable trend is the increasing popularity of online shopping for eye care products. Customers are turning to online platforms to purchase contact lenses, eyeglasses, and other eye care products, as it offers convenience and a wider selection of products. This trend is also driven by the COVID-19 pandemic, which has encouraged people to shop online more frequently. Another trend in the market is the growing demand for natural and organic eye care products. Customers are becoming more conscious about the ingredients used in eye care products and are seeking out products that are free from harmful chemicals and additives. This trend is in line with the overall global shift towards natural and organic products in the health and wellness industry. Local special circumstances in Finland also contribute to the development of the Eye Care (Pharmacies) market. Finland has a well-developed healthcare system, with a strong emphasis on preventive care. This includes regular eye exams and screenings, which are often conducted at pharmacies. The accessibility of eye care services at pharmacies makes it easier for customers to take care of their eye health and seek timely treatment if needed. Underlying macroeconomic factors also play a role in the growth of the Eye Care (Pharmacies) market in Finland. The country has a stable economy and a high standard of living, which allows people to prioritize their health and well-being. Additionally, the aging population in Finland is also contributing to the increased demand for eye care products and services. As people age, they are more likely to experience vision problems and require specialized eye care. In conclusion, the Eye Care (Pharmacies) market in Finland is developing due to customer preferences for maintaining good eye health, trends such as online shopping and the demand for natural products, local special circumstances that prioritize preventive care, and underlying macroeconomic factors such as a stable economy and an aging population.
Data coverage:
The data encompasses B2C enterprises. Figures are based on offline and online spending by consumers, including VAT. Not included are B2B and B2G sales, or other pharmaceutical sales through hospitals or retail stores such as supermarkets.Modeling approach:
Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market market. As a basis for evaluating markets, we use industry associations, third-party studies and reports and survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as healthcare expenditure per country, consumer healthcare spending, GDP and internet penetration. This data helps us estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, forecasts are based on historical developments, current trends, and key market indicators, using advanced statistical methods. For forecasting digital trends such as the online-pharmacy sales share we use exponential trend smoothing and the s-curve method. The main drivers are healthcare expenditure per country and consumer healthcare spending.Additional notes:
The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. GCS data is reweighted for representativeness.
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