The positive albeit moderate growth recorded in dermatologicals in 2015 was driven mainly by the strong performances of topical antifungals and nappy (diaper) rash treatments, which grew by 3% and 5% in current value respectively over the course of the year. While growth in other categories remained positive but moderate due to the high prices charged for most dermatologicals, these products are generally considered to be non-essential by the majority of Moroccans.
Competitive Landscape
Laboratoires Laprophan was the leading player in dermatologicals in 2015 with a value share of 18%. The key reason for Laboratoires Laprophan’s leadership in the category is the strong reputation of its brands such as Primalan in topical allergy remedies/antihistamines.
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Industry Prospects
Sales of dermatologicals benefited from rising disposable income levels towards the end of the review period and the category is expected to increase in value at a CAGR of 3% at constant 2015 prices over the forecast period to reach Dh746 million by the end of 2020. Sales growth is set to be positively affected by rising demand for topical antifungals and nappy (diaper) rash treatments, with topical antifungals expected to increase in value at a CAGR of 3% at constant 2015 prices over the forecast period and nappy (diaper) rash treatments it to increase in value at a CAGR of 5% at constant 2015 prices.
Report Overview
Discover the latest market trends and uncover sources of future market growth for the Medicated Skin Care industry in Morocco with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Medicated Skin Care industry in Morocco, our research will save you time and money while empowering you to make informed, profitable decisions.
The Medicated Skin Care in Morocco market research report includes:
* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country
Our market research reports answer questions such as:
* What is the market size of Medicated Skin Care in Morocco?
* What are the major brands in Morocco?
* What are the most popular formats for acne treatments?
Reasons to Get this Report
* Gain competitive intelligence about market leaders
* Track key industry trends, opportunities and threats
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Dermatologicals in Morocco - New Market Report
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001