Industry Statistics and Rankings
How does this industry perform in Finland compared to Europe?
Country Benchmarking
Industry Data Finland
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#20 In EuropeBusiness
#20 In EuropeEmployees
#25 In EuropeWages
#19 In EuropeThe Chemists & Pharmacies in Finland ranks 20 in Europe with regards to its 2024 revenue (€3.4bn). Revenue received by operators in Finland has been low in volatility over the past five-year period, with the average annual change in revenue (0.2 %) most comparable to...
Enterprises
Number of businesses in 2024
Revenue per Enterprise
Value (€ Million) in 2024
Top Questions Answered in this Report
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What is the market size of the Chemists & Pharmacies industry in Finland in 2024?
The market size of the Chemists & Pharmacies industry in Finland is €3.4bn in 2024.
How many businesses are there in the Chemists & Pharmacies in Finland industry in 2024?
There are 1,429 businesses in the Chemists & Pharmacies industry in Finland, which has grown at a CAGR of 3.8 % between 2019 and 2024.
Has the Chemists & Pharmacies industry in Finland grown or declined over the past 5 years?
The market size of the Chemists & Pharmacies industry in Finland has been growing at a CAGR of 0.2 % between 2019 and 2024.
What is the forecast growth of the Chemists & Pharmacies industry in Finland over the next 5 years?
Over the next five years, the Chemists & Pharmacies industry in Finland is expected to grow.
What does the Chemists & Pharmacies in Finland include?
Mobility aids and Hearing aids are part of the Chemists & Pharmacies industry.
How competitive is the Chemists & Pharmacies industry in Finland?
The level of competition is moderate and steady in the Chemists & Pharmacies industry in Finland.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
Complementors
Table of Contents
About this industry
Industry definition
This industry focuses on retailing medical and orthopaedic gear, plus essential toiletries. Retailers not only sell mobility and hearing aids but also provide customised fitting services to customers. However, they don't deal with wholesaling, optical products or online-only retail.
What's included in this industry?
Mobility aids Hearing aids Orthotic and prosthetic equipment Toiletries Other medical and orthopaedic articlesIndustry Code
4772 - Retail sale of pharmaceutical and medical goods, cosmetic and toilet articles in specialized stores in Finland
Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Current Performance
Charts
- Revenue in the Chemists & Pharmacies in Finland
- Employees in the Chemists & Pharmacies in Finland
- Business in the Chemists & Pharmacies in Finland
- Profit in the Chemists & Pharmacies in Finland
Current Performance
Analysis
How does this country's performance compare to Europe?
Life Cycle
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
International Trade
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
ANALYSIS
What is the competitive landscape in Europe?
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Medical and orthopaedic supply regulations predominantly target manufacturers. This suggests a lighter regulatory burden on retailers and end-users. The European Medical Devices Regulation now dictates device definition, safety codes and performance standards, and includes distributors in post-market monitoring.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Chemists & Pharmacies in Finland industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Retail giants drive profit via economies of scale, outperforming smaller competitors. Tech-advanced items, like internet-enabled hearing aids, significantly boost profit compared to basic medical supplies.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Chemists & Pharmacies in Finland industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
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