chinese pharmacies: from medicine to diversification and then to high positions

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

the golden age of the cosmeceuticals market

the successful cases of the japanese cosmeceuticals market have always been used as a model for the development of the chinese drugstore industry. the market concentration of japanese drugstores is very high, reaching more than 70%. although the market competition of chinese drugstores is fierce, there is still much room for improvement in its market concentration. with the support of policies and the growth of market demand, chinese drugstores are gradually moving towards a new stage of diversified business models.

the pharmacy industry is transforming and upgrading, ushering in new opportunities

in addition to drug retail chains, the business scope of modern drugstores is also gradually expanding. outpatient coordination has been gradually liberalized, and the medical insurance bureau has increased its management of the use of medical insurance funds in designated retail drugstores, bringing new opportunities for the development of the drugstore industry. with their strong brand and management capabilities, leading drugstores have rapidly expanded their stores through self-construction, acquisition and franchising, and their market share has continued to increase. yifeng pharmacy, laobaixing, dasanlin, yixintang, jianzhijia, etc. represent the new forces in the industry.

foreign institutions’ concerns

judging from the market performance, foreign institutions highly recognize the chinese drugstore industry. many foreign institutions have increased their investment and believe that the chinese drugstore industry has great potential for future development. at present, 13 retail drugstore concept stocks were heavily held by qfii funds or mainland-hong kong stock connect funds in the second quarter. yifeng pharmacy, laobaixing, and dasanlin were favored by both qfii funds and mainland-hong kong stock connect funds.

future development prospects of the pharmacy industry

the development of the pharmacy industry will face new challenges, but also bring new opportunities. as the regulatory scope of pharmacy business is gradually relaxed, pharmacies will be more diversified in the future and will have a layout of the entire industry chain. leading pharmacies, relying on their own strong resource advantages, attract more customers through their own brand effect and continue to expand the market.