It's a good time to be in the Pharmacy sector, as Pharmacies in Australia continue to grow both average basket size and the spend per customer in the category. Not every category can say the same!
Some quick stats below looking at the 3 months leading up to May, over the last four years:
โ๏ธAverage basket size has grown at 5% CAGR since Mar-May 2022, to $42
โ๏ธSpend per customer has lifted from $164 to $192 over the 3 month period (3.9% CAGR)
Fonto are currently in beta for ๐๐ค๐ข๐๐ฃ๐ฉ๐จ ๐๐ฃ ๐๐๐๐ง๐ข๐๐๐ฎ, a syndicated view of customer experience and per capita spending across major Pharmacy brands in Australia - reach out to the team if you'd like to learn more!
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