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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 4 sources · 1 days · First seen · Last updated
Digital competition in pharmacy and consumer health
Overview
The pharmacy and consumer health sectors are experiencing a shift toward digital and e-commerce models, creating new competitive pressures for traditional retailers.
Independent pharmacies face financial and expansion risks, with data indicating a loss of market share to parapharmacies and online retailers like Amazon. While growth is noted in nutrition categories, pharmacies are losing ground in dermocosmetics and over-the-counter products due to declining consumer visits.
In response to changing consumer demand, online parapharmacies are expanding their catalogs and delivery speeds to compete with local models. This digital shift is accompanied by broader e-commerce trends that present operational challenges for customs administrations, which must manage high volumes of small, low-value shipments to mitigate risks such as commercial fraud and counterfeiting.
Entities
IQVIA · Boticas Perú · OK Farma · Atida|Mifarma · World Customs Organization
Timeline
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[BUSINESS] 2 sourcesE-commerce growth drives customs challenges and digital pharmacy expansion
E-commerce growth is driving new customs challenges regarding small-package fraud and security, while the online pharmacy sector expands through specialized digital health platforms.
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[BUSINESS] 2 sourcesIndependent pharmacies face expansion risks and rising competition
Independent pharmacies face growth risks and market share losses to online retailers and parapharmacies, particularly in dermocosmetics and consumer health sectors.
Sources
delfino.cr · europasur.es · imfarmacias.es · tvolima.pe