The Pharmacy Usual Items market in Jordan has been experiencing significant growth in recent years. Customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors have all contributed to this development. Customer preferences play a crucial role in the growth of the Pharmacy Usual Items market in Jordan. Customers in Jordan have shown a strong preference for locally sourced and natural products. They prioritize products that are made with natural ingredients and have minimal side effects. This preference for natural products has led to an increase in demand for herbal supplements, organic skincare products, and homeopathic remedies. Additionally, customers in Jordan also value affordability and accessibility when it comes to pharmacy items. They prefer products that are reasonably priced and readily available in local pharmacies. Trends in the market have also played a significant role in the growth of the Pharmacy Usual Items market in Jordan. One notable trend is the increasing popularity of online pharmacies. Customers in Jordan are increasingly turning to online platforms to purchase their usual pharmacy items. This trend can be attributed to the convenience and ease of online shopping, as well as the wide range of products available online. Another trend is the growing demand for vitamins and dietary supplements. Jordanian customers are becoming more health-conscious and are seeking out products that support their overall well-being. This trend has led to an increase in the availability and variety of vitamins and dietary supplements in the market. Local special circumstances have also contributed to the growth of the Pharmacy Usual Items market in Jordan. The country has a well-developed healthcare system, with a large number of pharmacies spread across the country. This widespread availability of pharmacies makes it easier for customers to access their usual pharmacy items. Additionally, Jordan has a strong pharmaceutical manufacturing industry, which allows for the production of a wide range of pharmacy products locally. This not only supports the local economy but also ensures a steady supply of pharmacy items for customers. Underlying macroeconomic factors have also played a role in the growth of the Pharmacy Usual Items market in Jordan. The country has experienced steady economic growth in recent years, which has led to an increase in disposable income among consumers. This increase in disposable income has allowed customers to spend more on healthcare and pharmacy items. Furthermore, the government of Jordan has implemented policies to promote the pharmaceutical sector, such as providing subsidies for certain medications. These policies have contributed to the growth of the Pharmacy Usual Items market by making healthcare more accessible and affordable for customers. Overall, the Pharmacy Usual Items market in Jordan is experiencing growth due to customer preferences, market trends, local special circumstances, and underlying macroeconomic factors. The preference for natural and affordable products, the rise of online pharmacies, the demand for vitamins and dietary supplements, the widespread availability of pharmacies, the strong pharmaceutical manufacturing industry, the increase in disposable income, and the government's supportive policies have all contributed to the development of this market.
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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