The Hand Sanitizer (Pharmacies) market in Lebanon has been experiencing significant growth in recent years.
Customer preferences: Customers in Lebanon have shown a growing preference for hand sanitizers purchased from pharmacies. This can be attributed to the perception that hand sanitizers sold in pharmacies are of higher quality and are more reliable in terms of effectiveness. Additionally, customers in Lebanon tend to trust the advice and recommendations of pharmacists, which further drives their preference for purchasing hand sanitizers from pharmacies.
Trends in the market: One of the key trends in the Hand Sanitizer (Pharmacies) market in Lebanon is the increasing demand for natural and organic hand sanitizers. Customers are becoming more conscious about the ingredients used in the products they use, and this trend is reflected in the hand sanitizer market as well. Customers are seeking hand sanitizers that are free from harsh chemicals and are made from natural ingredients. This trend is driven by the growing awareness of the potential harmful effects of certain chemicals found in conventional hand sanitizers. Another trend in the market is the rising popularity of portable hand sanitizers. Customers in Lebanon are increasingly looking for hand sanitizers that are convenient to carry and use on the go. This trend can be attributed to the busy lifestyles of customers, who often need to sanitize their hands while traveling or in public places. Portable hand sanitizers come in various forms such as pocket-sized bottles or wipes, and they provide customers with a convenient solution to maintain hand hygiene wherever they go.
Local special circumstances: Lebanon has a unique set of circumstances that contribute to the development of the Hand Sanitizer (Pharmacies) market. One such circumstance is the frequent occurrence of political instability and social unrest in the country. These events often lead to disruptions in the availability of basic necessities, including hand sanitizers. As a result, customers in Lebanon are more likely to stock up on essential items, such as hand sanitizers, to ensure they have an adequate supply during times of uncertainty. Another special circumstance is the recent outbreak of the COVID-19 pandemic. This global health crisis has significantly increased the demand for hand sanitizers worldwide, and Lebanon is no exception. The pandemic has heightened the awareness of hand hygiene among the population, leading to a surge in the sales of hand sanitizers. Additionally, the government and health authorities in Lebanon have emphasized the importance of hand sanitization as a preventive measure against the spread of the virus, further driving the demand for hand sanitizers in the country.
Underlying macroeconomic factors: The Hand Sanitizer (Pharmacies) market in Lebanon is also influenced by several macroeconomic factors. One such factor is the overall economic growth of the country. As the economy grows, consumers have more disposable income to spend on personal care products, including hand sanitizers. Additionally, the increasing urbanization and modernization of Lebanon have led to changes in consumer lifestyles and preferences, with a greater emphasis on health and hygiene. This has contributed to the growing demand for hand sanitizers in the country. Furthermore, the presence of a well-established pharmacy sector in Lebanon has played a significant role in the development of the Hand Sanitizer (Pharmacies) market. Pharmacies in Lebanon are trusted sources of healthcare products, and customers often rely on them for their medical needs. The accessibility and availability of hand sanitizers in pharmacies have made them the preferred distribution channel for customers. This has created a conducive environment for the growth of the Hand Sanitizer (Pharmacies) market in Lebanon.
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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