Pharmacies & Drug Stores in Illinois - Industry Market Research Report

  • ID: 4578530
  • Report
  • Region: Illinois
  • 30 pages
  • IBISWorld
1 of 4
An ounce of prevention: Industry revenue is forecast to increase as the population ages

FEATURED COMPANIES

  • Basinger's Pharmacy
  • CVS Health Corporation
  • Doc's Drugs Ltd.
  • The Walgreen Company
  • MORE

Pharmacies & Drug Stores in Illinois

While operators in the Pharmacies and Drug Stores industry in Illinois do sell other products, a majority of revenue is derived from prescription and over-the-counter (OTC) drugs. The Illinois industry follows the same trend. Operators in the Illinois industry operate with much smaller levels of profit compared to the national industry. The industry is highly competitive, with national chain stores Walgreens and CVS going up against independently owned operators with few locations. Small operators operate on lesser profit margins because they do not benefit from economies of scale, which allows industry leaders to offer front-end items at low cost. Over the five years to 2022, revenue in the Pharmacies and Drug Stores industry in Illinois is expected to continue growing. The Illinois industry is dominated by the largest market players, CVS and Walgreens, both of which are expected to make gains in the market as more people enter the 65 and older age range and per capita disposable income continues to increase.

Pharmacies and drug stores retail a range of prescription and over-the-counter medications, health and beauty items, toiletries and consumable goods directly to consumers on a walk-in basis. Industry companies may also provide basic health and photo processing services. The industry includes retail stores with a pharmacy but excludes mail-order retailers, hospitals and clinics.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • Basinger's Pharmacy
  • CVS Health Corporation
  • Doc's Drugs Ltd.
  • The Walgreen Company
  • MORE
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY
Note: Product cover images may vary from those shown
3 of 4

Loading
LOADING...

4 of 4
  • The Walgreen Company
  • CVS Health Corporation
  • Basinger's Pharmacy
  • Doc's Drugs Ltd.
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
Adroll
adroll