DUBLIN, July 17, 2013 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/drzpsm/top_five_global) has announced the addition of the "Top Five Global Retail Drug Companies: Performance, Strategies and Competitive Analysis" report to their offering.
The global retail drug industry has grown steadily over the last five years and is expected to reach approximately US $1,420 billion in 2017 with a CAGR of 3.6% over the next five years. Direct mail advertising, television and print media advertising, telemarketing, Internet advertising and social media, as well as bundled product and service strategies, are expected to drive industry growth.
The retail drug industry is highly diversified and includes pharmacies and drug stores, cosmetics, beauty supplies, and perfume stores, optical goods stores, other health, and personal care stores. In this study, Lucintel thoroughly profiles the following five companies with detailed competitive assessments:
- CVS Caremark
- Rite Aid
- Target Corp.
Lucintel's research indicates that the Asia Pacific (APAC) region depicts the best growth prospects for retailers with its increasing aging population, greater health consciousness, and consumer demand. The macroeconomic factors such as rising population and increasing disposable income of consumers are anticipated to impact market dynamics significantly. Strategic product alliances directly with industry-leading manufacturers also can help raise sales in this industry.
This study is intended to provide industry leaders with a competitive benchmarking of the world's top five global retail drug companies. The study provides up-to-date information on the market share, profit margins, capabilities, and strategies of the leaders. The report helps current suppliers realistically assess their strengths vis-a-vis leading competitors. It is designed to provide executives with strategically significant competitor information, data analysis, and insight critical to the development and implementation of effective marketing and sales plans.
For more information visit http://www.researchandmarkets.com/research/drzpsm/top_five_global
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SOURCE Research and Markets