Drugstores’ market position became more stable
The annual market of household chemicals and cosmetics exceeds the value of HUF 300 billion. According to Nielsen, these products’ retail sales did not change this January-August, compared with the same period of the last year – neither in value nor in volume. Among store types drugstores strengthened their position with increasing speed: sales grew by 6 percent in value and by 4 percent in volume. Ágnes Villányi, the head of Nielsen’s commercial relations department told that in comparison with food products, the purchasing of chemical products is much more concentrated. Hypermarkets’ share of value sales was 38 percent, followed by drugstores with 27 (up 2 percent).
Related news
Related news
KSH: retail turnover in November exceeded the same period of the previous year by 4.1 percent and the previous month by 0.6 percent
In November 2024, the volume of retail trade turnover increased…
Read more >NGM: Public confidence is apparently starting to return
The government is working to improve the economy so that…
Read more >Fidelity Outlook 2025: The US is ready for reflation
The Republicans’ landslide victory in the November election has significantly…
Read more >