Spain’s economic indicators are not expected to be positive over the first part of the forecast period with the European Central Bank announcing in 2023 that it will continue to increase interest rates. This action will further compound local consumers’ disposable incomes.
As a result of the wide availability and popularity of generic analgesics, there is relatively little incentive for manufacturers to invest in new product launches. However, the nonsteroidal anti-inflammatory drug dexketoprofen was launched as OTC by Menarini under the brand name Enandol towards the end of the review period.
Heightened local consumer interest in sports and fitness is set to continue over the forecast period, a trend that is likely to support stable demand for topical analgesics/anaesthetic in line with the increase in minor injuries stemming from higher levels of strenuous physical activity.
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Understand the latest market trends and future growth opportunities for the Analgesics industry in Spain with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Analgesics
Analgesics cover systemic and topical pain relievers. Products which include a pain-relief ingredient in addition to another core function are excluded (e.g. a sore throat remedy which includes paracetamol is excluded from the analgesics and instead is included in pharyngeal remedies).
See All of Our DefinitionsThis report originates from Passport, our Analgesics research and analysis database.
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