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The market share of top 100 retail Chinese pharmacy chains is about 20%.

2019/11/22 16:58

China's retail pharmaceutical market has grown dramatically in recent years thanks to internet technology and the appearance of new business models. Offline retail sales in 2018 amounted to 600 billion yuan ($85.4 billion).

However, the industry is still fragmented with lots of small retailers. The top 100 retail pharmacy chains have a combined market share of only about 20%. As such, most major pharmaceutical retailers are actively acquiring smaller peers.

Online sales still only account for about 2.6% of total drug retail sales, compared with 26.4% for online sales of daily-use consumer goods.