Best Pharmacy Location in Asunción
Marketlyzer calculates a 69/100 opportunity score for pharmacys in Asunción, supported by high competition and $6,340 average income, plus a 74/100 foot traffic index.
With a startup-to-income ratio of 76.5:1, Asunción requires efficient operations to maximize Pharmacy profitability
Pharmacy Opportunity Score
Data-driven potential for success in Asunción based on 7 key market factors
Market Opportunity
Based on 7 comprehensive market factors
Financial Overview
Asunción Pharmacy Insights
Data-driven analysis unique to this market combination
Market Position Analysis
Unique positioning insights for Asunción
With a startup-to-income ratio of 76.5:1, Asunción requires efficient operations to maximize Pharmacy profitability
exceptional customer density of 201,375 residents per commercial dollar provides natural demand
The balanced Pharmacy market in Asunción rewards innovation, with 74 foot traffic index
Combining Paraguay's 4.0% business growth with Asunción's high expansion trajectory creates 6.0% projected market expansion for new Pharmacys
Competitive Market Position
How Asunción ranks nationally for pharmacys
Asunción's 69.1/100 score indicates moderate opportunity, ranking in the 50th percentile for Pharmacy success factors
Strategic Recommendations
Actionable strategies tailored for Asunción
⏰ Optimal entry window: Next 12-18 months ideal for Asunción Pharmacy launch during high-growth phase
📍 Location strategy: Moderate traffic (74) with affordable rent ($16/sqft) favors larger footprint strategy in Asunción - consider 2,000+ sqft locations
💰 Pricing strategy: $6,340 average income indicates value-focused positioning - volume over margin approach recommended for Asunción Pharmacys
📢 Marketing focus: Moderate foot traffic requires proactive customer acquisition - allocate 8-12% of revenue to digital marketing in Asunción
🔄 Expansion runway: 3,222,000 market supports 2-3 locations - establish proof of concept before multi-unit expansion in Asunción
Launch Timing & Momentum
Align your opening window with market-ready signals
Entry Signal
Good - Favorable Window
Strong market conditions support entry. Develop detailed business plan and secure financing within next 3-6 months.
- 📈 High growth outlook - strong expansion timing
- ⚖️ Moderate competition - balanced market entry
- 🚶 Good foot traffic (74) - organic visibility
Seasonal Levers
- Flu season
- Cold and allergy seasons
- Insurance renewal periods
Pharmacy Market Analysis for Asunción
Why Asunción for Pharmacys?
- Metro population of 3,222,000 provides large customer base
- Average income of $6,340 supports pharmacy spending
- High business density indicates healthy economic activity
- Strong demographics opportunities throughout the city
- Strong accessibility opportunities throughout the city
Pharmacy Success Factors
Seasonal Considerations for Asunción
Flu season
Cold and allergy seasons
Insurance renewal periods
Best Asunción Neighborhoods for Pharmacys
Data-driven analysis of optimal areas based on pharmacy success factors
Downtown Asunción
High PotentialBusiness District
Strong WeekdaySuburban Areas
Growth AreaAsunción vs Other Paraguay Cities for Pharmacys
| City | Population | Avg Income | Market Score | Action |
|---|---|---|---|---|
| Asunción ⭐ | 3,222,000 | $6,340 |
|
Current City |
Pharmacy FAQs for Asunción
Why is now the right time to open in Asunción?
Asunción's 69.1/100 score indicates moderate opportunity, ranking in the 50th percentile for Pharmacy success factors Strong market conditions support entry. Develop detailed business plan and secure financing within next 3-6 months.
Which customers convert best?
8% of households earn $75k+, sustaining premium spend for pharmacys
What should my first location focus on?
⏰ Optimal entry window: Next 12-18 months ideal for Asunción Pharmacy launch during high-growth phase
How do local conditions impact operations?
Flu season
Ready to Open Your Pharmacy in Asunción?
Good - Favorable Window with a 69/100 opportunity score, high competition, and a 74/100 foot traffic index. Strong market conditions support entry. Develop detailed business plan and secure financing within next 3-6 months.